Daelim Industrial wins $130mn deal to build oil refining plant in Malaysia South Korea’s construction and chemical company Daelim Industrial Co. has received $132 million worth order to construct an oil refining plant from Petron Malaysia, the company announced Friday. Unde..

S. Korea’s CHA Group secures largest ownership in Singapore Medical Group South Korea’s CHA Medical Group has sharply bumped up ownership in Singapore Medical Group (SMG) to become the largest stakeholder of the multi-disciplinary specialist clinic group with some 40 clinic..

KB Capital to buy 85% stake in Indonesian car dealer’s finance unit KB Capital Co., the automotive financing and leasing services arm of KB Financial Group, on Thursday signed a deal with Indonesia’s Sun Motor Group to acquire an 85 percent stake in its finance unit S..

Hanwha Life wins best insurance capital bond deal award in HK South Korea’s Hanwha Life Insurance Co. was honored as the best bond issuer in Asia by Hong Kong-based financial magazine The Asset for its successful offering of $1 billion worth perpetual bonds last..

Korea’s aviation MRO firm KAEMS begins maiden work on Jeju Air’s B737 The country’s first aviation maintenance, repair and overhaul (MRO) company Korea Aviation Engineering & Maintenance Service (KAEMS) started its first service for Jeju Air’s Boeing 737 on Thursday.KAE..

Hyundai Motor Group’s heir apparent to be named inside director of Kia Motors Chung Eui-sun, executive vice chair of South Korean auto giant Hyundai Motor Group, will take command of Kia Motors Corp. as an inside director in another step to take the helm of the family-run congl..

Samsung Heavy wins order to build four LNG carriers South Korea’s Samsung Heavy Industries has landed an order to build four LNG carriers worth 870 billion won ($775 million) from an identified U.S.-based ship owner, bringing the total order backlog fo..

Air fryers preferred over microwaves, electric ovens for cooking in Korea Air fryers have become the most favorite cooking appliance in Korea, preferred over traditional microwave or electric ovens.According to Korea’s online auction company Auction on Thursday, air fryer s..

Korea’s Hyundai Rotem wins 3rd locomotive order in Bangladesh Hyundai Rotem Co., the locomotive and rolling stock unit of Korea’s Hyundai Motor Group, has bagged a deal worth $80.35 million to supply 20 diesel-electric trains for Bangladesh Railway. This marks..

DB Insurance keeps up dividend policy despite profit fall in 2018 South Korea’s mid-sized non-life insurer DB Insurance Co. sustained generous cash dividend to alleviate shareholders’ concern about the dent on the income statement from reduced profitability in the c..

The Shilla Seoul earns its first Five-Star rating from Forbes Travel Guide The Shilla Seoul, a luxury hotel operated by South Korea’s hotel and travel unit Hotel Shilla Co. of Samsung Group, was placed on the list of Five-Star hotels for the first time by Forbes Travel Guide..

Samsung showcases India-specific home appliances at Samsung Forum 2019 Samsung Electronics investing big on the underexplored Asian markets has invited business partners in southwestern Asian to its Samsung Forum 2019 held in Porto, Portugal from Feb. 12-22 and showcased..

CJ Group picks 11 winners in startup competition project South Korean conglomerate CJ Group on Tuesday picked 11 startups for its incubation program, dubbed Product Challenge 101, after nine months of training, marketing support and review courses. The 11 f..

SK Group chief Chey to resign as board chairman of SK Holdings Chey Tae-won, Chairman of South Korea’s third largest conglomerate SK Group, will step down from his position as board chairman of the group’s holding entity SK Holdings Co. in a bid to improve board ..

Seoul to assign new openings in Incheon-UlaanBaatar air route next week The Korean airline industry is in a heated race to win the extra openings in the Incheon-UlaanBaatar route that so far had been exclusive to national flag carrier Korean Air Lines Co. and its Mongolia..

Hyundai bids to steal back mid-sized sedan leadership with all-new Sonata South Korea’s auto giant Hyundai Motor Co. releases Sonata in a full-body facelift at the Seoul Motor Show that will kick off on March 29 in hopes to revive the glory of one of its longest-running mod..

SK Group likely to replace Hyundai Motor as Korea’s No. 2 chaebol The longstanding top three ranking in South Korean conglomerate names may change with SK Group poised to steal the No. 2 spot from Hyundai Motor Group on the back of last year’s lucrative semiconducto..

Samsung Elect to unveil Galaxy S10 and foldable phone in SF on Wed Samsung Electronics Co.’’s much-awaited foldable phone and 10-year anniversary Galaxy S series will jointly unpack several hours later in San Francisco. Samsung Electronics will reveal both its Galaxy..

Korean Air vows to double profit and halve debt to win confidence Korean Air Lines striving to win confidence from shareholders and investors following a series of face-losing events on Tuesday vowed to more than double its income and nearly halve its debt over the ..

KB Kookmin Bank opens first branch in India South Korea’s lending major KB Kookmin Bank on Monday opened its first Indian branch in Gurugram, Haryana, to expand in India and the Asia-Pacific region. KB Kookmin Bank advanced into India in 2012 b..

Samsung “Galaxy Fold” unveiled in unconventional display and price Samsung Electronics’ latest innovation Galaxy Fold has finally been unveiled: a 4.6-inch phone stretching out into a 7.3-inch tablet form for a doubled experience from one device at doubled price - $1..

SKT to unveil anti-hacking solution for autonomous vehicles at MWC South Korea`s leading mobile carrier SK Telecom said it will demonstrate its 5G quantum security gateway solution to protect self-driving vehicles from external hacking attacks at Mobile World Congres..

Samsung Electronics adds robotic helpers in premium home appliance line Samsung Electronics Co. has added robotic help in its latest premium line of home appliances and will showcase the new fleet of helping hands in cleaning and cooking at the 2019 Kitchen & Bath Industr..

KT launches big data-backed app for real-time air quality across Korea South Korea`s KT Corp. said Monday it has launched a real-time air quality monitoring application dubbed Air Map Korea to provide fast and accurate information on fine dust across the country and prev..

Pharmicell signs MOU with India’s ILBS to jointly develop stem cell therapy Pharmicell, a Korean developer of human stem cell therapies, Thursday said it has signed a memorandum of understanding with India-based ILBS (Institute of Liver and Biliary Sciences) for joint clinica..

U.S. FDA to review SK Biopharma’s Cenobamate for epilepsy treatment SK Biopharmaceuticals Co., an affiliate of South Korea’s SK Group, said Thursday that the U.S. Food and Drug Administration (FDA) has initiated a reviewing process for its cenobamate, a novel drug to ..

LG G8 ThinQ phone to feature Time-of-Flight sensor and air gesture LG G8 ThinQ, the latest flagship smartphone of South Korean tech giant LG Electronics Co., will be fitted with a Time of Flight (ToF) sensor and touchless gesture control system that will likely win t..

Daewoong Pharma’s Nabota gets U.S. FDA approval for frown lines treatment Nabota, cheaper Botox rival developed by South Korea’s Daewoong Pharmaceutical Co., will be available in the U.S. this spring after the U.S. regulators have approved the new botulinum toxin product fo..

SK Holdings invests $100 mn in U.S. smart glass maker Kinestral SK Holdings has invested $100 million in California-based energy-saving smart glass manufacturer Kinestral Technologies, the Korean company said on Wednesday.The investment grants SK the right to buy ..

Samsung opens terabyte era for smartphone storage capacity timed with 5G launch Samsung Electronics announced on Wednesday that it has begun mass producing the industry’s first one-terabyte (TB) embedded Universal Flash Storage (eUFS) 2.1 to power 5G features of artificial intell..

LG Electronics teams up with KAIST to explore beyond 5G South Korea’s LG Electronics said Monday that it has opened a 6G research lab at KAIST INSTITUTE (KI) under state-run Korea Advanced Institute of Science & Technology (KAIST) to prepare ahead for the ..

S. Korea to tighten car crash test standards this year The Korean government will go stricter with its vehicle collision test for newly built passenger cars this year to better conform international car safety rules set by international agencies such as t..

Korean drug makers’ out-licensing deals triple to $4.65 bn in 2018 South Korean pharmaceutical companies stroke 11 out-licensing deals with overseas partners last year, which were worth 5.26 trillion won ($4.65 billion), up by 3.8 times from 2017, when eight such dea..

S. Korea’s OCI invests $4.4mn in local bio tech startup SN BioScience South Korea’s solar powerhouse OCI Co. has invested 5 billion won ($4.4 million) in SN BioScience, its first investment in a biotech startup since it last year vowed to enter the biotech business in p..

Hyundai Motor Group develops world’s first multi-collision airbag system Hyundai Motor Group, owner of South Korea’s two largest automakers Hyundai Motor Co. and Kia Motors Corp., said on Monday that it has developed a new airbag system that provides additional protection ..

Samsung Bioepis cleared to sell Herceptin biosimilar in the U.S. South Korea’s Samsung Bioepis Co. gained approval on Friday from the U.S. Food and Drug Administration for Ontruzant, a biosimilar of the blockbuster breast cancer treatment Herceptin. The U.S. rollou..

Celltrion wins appellate court battle over rituximab patent, clear to sell in Korea South Korea’s Celltrion announced on Friday it has won an appellate court battle, successfully nullifying all of five marketing-critical patents and fully cleared in Korea to sell Rituxan (rituximab),..

SKT, Seoul to build 5G-enabled intelligent transportation system South Korea`s top mobile carrier SK Telecom announced on Thursday it will build a 5G mobile network for Seoul’s C-ITS project, an intelligent transportation system that allows drivers to receive infor..

Seoul starts initiative to double the data market, AI industry The Korean government will foster the data and artificial intelligence (AI) industry with a goal of becoming a leading country in the area by 2023. Under a roadmap released by the science ministry on ..

Korean researchers find genes to cause early-onset gastric cancer Korean researchers have found three mutated genes that cause early-onset gastric cancer in people aged 40 years or below for the first time in the world, paving the way for a method to ensure more acc..

Doosan Heavy issues over $444 mn shares to rescue construction unit Korea’s Doosan Heavy Industries and Construction Co. (DHIC) is out to raise up to 850 billion won ($755 million) in fresh capital – over 500 billion won through issues in new shares and 350 bill..

Samsung Fire & Marine Insurance Q4 OP up 33.2% on yr on one-off gains Samsung Fire & Marine Insurance Co., South Korea’s No. 1 non-life insurer under top conglomerate Samsung Group, saw its fourth-quarter and last year`s operating profit surge year over year on one-off ..

Amorepacific stocks rally on buyback program and positive news Shares of South Korea’s leading beauty name Amorepacific surged on multiple positive news on top of Wednesday’s announcement on a buyback program to bolster shareholders’ value. Amorepacific Group sa..

LG Chem ascends to No. 3 in market cap in Korea on rosy battery outlook LG Chem Ltd. has become the third most valuable Korean stock amid high expectations for its leadership in production of secondary batteries in high demand in the age of automation and smart applicatio..

Hotel and leisure stocks up on hopes of revived tourism program in NK Travel and resort stocks with interests in North Korea rallied Tuesday upon hopes that tourism program could be renewed around Mount Kumgang as the first revived inter-Korean economic venture upon the..

Woori Financial executives buy shares to boost stock value Executives of South Korea’s Woori Financial Group Inc. chipped in to bolster the stock value of the new entity that went relisted last week from Woori Bank after holding transition by making stock pur..

Foreign net buying of Korean shares hit a 30-mo high of $3.3 bn in Jan Foreign investors’ net purchases of Korean stocks in January hit 3.7 trillion won ($3.3 billion), the largest in two and a half years as they cherry-picked local stocks that had excessively lost value..

S. Korean firms’ dividend payouts to top $26 bn for first time in 2018 The total dividend payment by listed companies in South Korea for 2018 will likely exceed 30 trillion won ($26.6 billion) for the first time amid growing demand from institutional investors to up thei..

IMM PE seeking $1.3 bn stake sale in Tailim Packaging, Tailim Paper Tailim Packaging Co. and Tailim Paper Co. will join the brisk Korean M&A pipeline in a bundled deal that could be worth 1.5 trillion won ($1.3 billion) amid online and mobile shopping boom that transl..

HDC seeks to remove Samyang Foods owner couple from board The owner family of Samyang Foods, the pioneer of Korean instant ramyeon noodles, faces the risk of losing management rights as the company becomes the latest target for activist shareholders that hav..

NongHyup Financial net income hit all-time high of $1.1 bn in 2018 South Korea’s Nonghyup Financial Group Inc. posted a record high net income of 1.2 trillion won ($1.1 billion) in 2018 as its bottom line was helped by a sharp reduction in bad debt reserves and robus..

Korea’s JB Financial net jumps 21.4% on yr in 2018 to a new high Korea’s JB Financial Group Co. reported best-ever annual results in 2018 with its net income jumping more than 20 percent for the third year in a row as its lending affiliates based across Jeolla Prov..

More than half of Korean listed companies adopt e-voting in shareholders’ mtgs E-voting is catching on fast in Korea as more listed companies invite shareholders to take part in voting rights electronically. According to the Korea Securities Depository (KSD) on Thursday, 1,217..

KB Securities, NH-Amundi Asset named 2019 winners of Maekyung Securities Award KB Securities and NH-Amundi Asset Management have received the grand prix of the 2019 Maekyung Securities Award in their respective categories for excellent customer experience and robust business act..

Kakao Q4 OP down 90% due to increased expenses, sales up 23.6% South Korea’s leading mobile messenger operator Kakao Corp. posted a near 90 percent on-year plunge in operating profit in the fourth quarter last year as the company continued to spend heavily to bui..

NHN Entertainment Q4 OP up 66.5% on yr, annual sales top 1 trn won South Korea’s leading online game and online service provider NHN Entertainment Corp. saw operating profit and revenue jump more than 60 percent on year in the fourth quarter in contrast to other loca..

Hanjin Heavy Industries’ stock trading suspended due to capital erosion Stock trading of South Korea’s Hanjin Heavy Industries & Construction Co. was suspended on Wednesday because the company’s capital has been completely eroded after reflecting losses from its subsidiar..

Foreign capital came in Korean stocks, out of bonds in largest sum in 2 yrs Foreigners bought the largest amount of Korean stocks last month in almost two years on the back of improved investment sentiment on risk assets and undervaluation of local shares, the central bank sa..

Tencent M&A executive’s trip to Seoul heats up preliminary race for Nexon A senior M&A official from Tencent, the world’s seventh largest company in terms of market cap, is coming to Seoul this month at a time gaming and capital companies are frenziedly working out bids ove..

Ananti shares surge on news that Jim Rogers may visit N. Korea next month Shares of South Korea’s hotel and resort operator Ananti Inc. rallied Tuesday upon news that one of its board directors and legendary investor Jim Rogers will be visiting North Korea next month on an ..

Korea’s household debt hits fresh high of $1.36 tn, pace slows South Korea’s household debt hit a new peak late last year, albeit at a slower pace due to the government’s tightened lending standards to cool the heated housing market. Household debt totaled 1,534..

KEPCO sees first red in 6 years on soaring fuel prices, nuclear phase-out South Korea’s state utility firm Korea Electric Power Corp. (KEPCO) slipped into the red for the first time in six years due to higher fuel costs and the state-imposed cutback on nuclear power. KEPC..

S. Korea’s January PPI falls for 4th straight month on weak oil prices South Korea’s producer prices fell for the fourth straight month, the longest losing streak in 36 months due to a drop in industrial goods’ prices on weak global oil prices.According to data released ..

Income disparities at worst Q4 Korea with the poorest income down by 18% South Korea’s income disparities have worsened to an unprecedented level in the fourth quarter despite the government’s income-focused economic direction as the poor got poorer and the rich richer in ..

Number of franchise stores and brands hit all-time high in Korea in 2018 Franchise businesses in Korea remain exceptionally too many and their life exceptionally short, according to government data. According to the Fair Trade Commission (FTC) on Thursday, there were 243,..

No-deal Brexit to have “limited” financial impact on Korea, says FSS A no-deal Brexit will have limited impacts on the Korean economy and capital market, given the country’s small exposure to securities based in the United Kingdom, the Financial Supervisory Service (FS..

Korea mulling phased cut in stock trade tax: finance min South Korea will implement a phased cut in the stock transaction tax as soon as possible and conduct a comprehensive study on securities taxation, said deputy prime minister and finance minister Hong ..

Travel expenses by Koreans hit record high in 2018, but growth slowed Overseas spending by South Koreans reached a new record high last year as overseas travel becomes increasingly common way to spend holidays. According to data released by the Bank of Korea on Wednesd..

Shorter workweek in Korea to impair jobs and GDP: private institute The 52-hour maximum workweek cap introduced by the Moon Jae-in government last year could wipe out as many as 400,000 jobs and pare gross domestic product by 10 trillion won ($8.86 billion, a private ..

Home trade in Korea thinnest in six years with volume shriveling 60% in Seoul The South Korean housing market has entered a drought unseen for the last six years with home trade plunging by 60 percent in Seoul last month.The Ministry of Land, Infrastructure and Transport announ..

Korea’s export prices slide for 3rd straight month on plunging chip prices South Korea’s trade balance looks shaky as export prices fell in January for the third straight month in line with sagging chip prices that have fallen by the fastest pace in 89 months, while costs of..

Korea’s agriculture and food exports hit monthly high in January South Korea’s agri-food exports reached the highest figure for January amid robust demand for Korea’s signature kimchi and ramyeon instant noodle as well as environmentally-reliable fresh produces.Acc..

Cancellation on insurance policies in Korea hit record high in 2018 Cancellation of insurance policies hit record high in another data underscoring deterioration in livelihoods from protracted economic slump in Korea.According to Korea Life Insurance Association and G..

Korea’s self-employed debt up 14%, defaulters also on rapid rise Debt by self-employed individuals has been rising at rapid pace over recent years to underscore alarm about the impact from the weakening in the self-employed sector that makes up around a quarter of ..

Korea’s December current surplus at its smallest in 8 months on fall in exports South Korea’s December current account surplus shriveled to its smallest in eight months as exports weakened on reduced memory chip demand, raising concerns about a snap in the surplus streak that ext..

Korea’s jobless rate in Jan highest since 2010, unemployed largest in 19 yrs South Korea’s job conditions deteriorated to crisis-hit levels, with the unemployment rate for January the highest since 2010 and the number of people without jobs the largest in 19 years. The unemp..

KDI warns of Korea’s deepening economic slump, notes weakening in output Both production and demand have weakened in further bad news for the Korean economy that is facing a slowdown in exports, the state think tank Korea Development Institute (KDI) observed in its latest ..

Korean govt mulling to lower tariffs for commodity imports to aid exporters The South Korean government may lower tariffs on commodities including crude oil to help manufacturers grappling with higher cost on top of sluggish demand.The Ministry of Trade, Industry and Energy h..

Korea’s state benefit for unemployed hit record $557 mn in Jan State benefit to subsidize living expenses for people between jobs hit an all-time high of 625.6 billion won ($557.2 million) in January in South Korea amid worsening job situation.According to data r..

Korea’s factory inventories in Dec at their highest since ’98 financial crisis South Korea’s manufacturing inventory levels last December have piled up to their highest since the 1998 Asian financial crisis due to slow sales, in an another alarming sign of a lengthy slump in the..

SK Group, Samsung Elec chairs confirm attendance to BOAO Forum SK Group Chairman Chey Taewon and Samsung Electronics Chairman Kwon Oh-hyun are among the Korean business leaders who will participate in the upcoming BOAO Forum for Asia Annual Conference 2019 accord..

S. Korea’s top court ups expected income age cap to 65 yrs in ruling South Korea’s top court has ruled that the maximum working age of a manual worker should be upped from current 60 to 65, a move that may lead to an increase in the country’s retirement age.The Supreme..

Yongin nearby Seoul, to host SK Hynix-led largest chipmaking cluster Yongin, a city of Gyeonggi Province south of Seoul, will become the new production base for the world’s second-largest memory chipmaker SK Hynix and the epicenter for semiconductor activity in an ambi..

Airbnb hosts in Gangwon earn twice after PyeongChang Olympics Residents of Gangwon Province that hosted the PyeongChang Winter Olympics in February last year added generous addition to their income by offering their homes for stays via room-sharing platform Airb..

S. Korea to open security waters to fishers, allow nighttime fishing South Korea will significantly open off-limits waters along the frontline islands in the west coast to fishers and allow nighttime fishing amid easing in tensions between the two Koreas.South’s Minist..

Kakao, second most-sought workplace in Korea after Samsung Elec Kakao, chat operator, is second most-sought workplace after all-time favorite Samsung Electronics in South Korea, underscoring the changes of time, survey showed. The country’s most valuable company S..

Cohabitation may dominate Korea’s family landscape in a decade: survey Unmarried cohabiting couples could become commonplace and dramatically change South Korea’s traditionally conservative society within the next 10 years, a survey showed. About 44.4 percent of the 1,0..

Korea’s laborers, employers agree to extend flextime period to 6 months South Korea’s labor representatives in a tripartite platform with employers and the government agreed to stretch the statutory flextime to six months from the current three before the February deadlin..

Korea’s social science gurus to hold their first forum to address national division South Korea’s leading political, economic and business academic societies will put their heads together to help mend the deepening divisions in the Korean society and find a way forward. The Korean Ac..

DSME union vote to go on strike in protest to takeover by HHI The plan of South Korea’s biggest shipbuilder Hyundai Heavy Industries Co. to take over the country’s second largest shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) is met with fierce ..

S. Korea focuses resources to turn islets into tourist hotspots South Korea is out to develop 3,000 islets scattered along the peninsula as tourist destinations. The Ministry of Oceans and Fisheries, Ministry of the Interior and Safety, Ministry of Culture, Spo..

Korea to make companies pay for hard-to-recycle packaging South Korea will charge manufacturers extra for packaging that makes recycling difficult in its latest green campaign. The country’s Ministry of Environment on Monday said it would enforce from Decem..

Korean biz lobby group works on U.S. legislative to win waiver on auto tariffs The Federation of Korean Industries (FKI), an interest group for largest companies in Korea, has made the last pitch beseeching congressional support to exempt South Korean finished car and auto parts..

Certain medical cannabis to be allowed in Korea from next month South Korea will ease up on marijuana and all marijuana-derived materials for the first time in nearly half a century by allowing imports of certain types of medical marijuana starting next month. Th..

Local governments go all-out in final pitch to bring SK Hynix-led chip cluster Regional governments in South Korea are making their last stretch in the heated race to bring home a state-sponsored semiconductor cluster project valued at 120 trillion won ($106.6 billion). In Chi-k..

Seoul’s home-buying sentiment dips to near six-year low Home-buying sentiment in Seoul soured to its worst in nearly six years as the housing market has come to standstill under a slew of tough regulations to clamp down on the country’s overheated real est..

Pangyo valley near Seoul growing fast as the epicenter of startups and innovation Pangyo Techno Valley, a tech cluster near Seoul, is building up to be a hotbed for venture startups and innovation activities by drawing in young talents and capital. The cluster town formed in 2012..

Office building investment in Korea hit record high in 2018 Investment in office buildings in South Korea hit a record high of 11.6 trillion won ($10.3 billion) in 2018 as individuals as well as companies diversified their investment means amid a protracted lo..

Sealy Korea recalls 500 radon-emitting mattresses Sealy Korea, the original equipment manufacturer (OEM) of U.S. Tempur Sealy International, has issued a recall of around 500 mattresses found to have contained radioactive material, the company announ..

Seoul taxi ride becomes sharply expensive starting Saturday Starting Saturday, taxi fares in Seoul shoot up for the first time in more than five years. The base fare for taxis will rise to 3,800 won ($3.37) from current 3,000 won for the first 2 kilometers (1..

Singaporean fund raises stake in Masan to 5.67 per cent The Singaporean fund Ardolis Investment Pte Ltd has raised its ownership in the consumer staple firm Masan Group Corporation to 5.67 per cent with more than 65.9 million shares from the previous 4.47 ..

4.1% GDP gain in 2018 (Thailand) The economy grew at the fastest pace in six years in 2018, with the fourth-quarter performance beating expectations on higher domestic demand and growing tourism arrivals. 　The state planning agency,..

Cambodia nabs 12th place in best retirement destinations Cambodia is an expatriate hotspot for those dreaming of living a more luxurious lifestyle at an affordable cost, according to International Living`s Annual Global Retirement Index 2019. For the fou..

VN seeks more FDI from Japan Viet Nam is expected to receive more foreign direct investment (FDI) from Japan in the coming years as part of its strategy to shift investment attraction towards high-quality capital. According to..

Maybank Indonesia`s profit jumps 21.6pct in FY18 PT Bank Maybank Indonesia Tbk`s (Maybank Indonesia) profit after tax and minority interests surged 21.6 per cent to 2.2 trillion rupiah on the back of higher net interest income and continued improvem..

Vietnamese firm makes steel products in Thilawa With Myanmar rapidly opening up to development, steel is becoming increasingly important to various industries in the country. Steel structures can be seen springing up across Yangon. As such, a Vietn..

MAHB`s network of airports handled 11.1mil passengers in January Malaysia Airports Holdings Bhd`s (MAHB) network of airports including Istanbul Sabiha Gokcen International Airport (ISG) handled 3.1 per cent more passengers last month to 11.1 million from 8.07 milli..

Vietnam to create favourable conditions for private firms Viet Nam will continue to hasten efforts to improve the business climate in terms of quality to create favourable conditions for the private sector to play its role as a driver in promoting rapid and ..

Chinese company proposes new circular railroad for Yangon Representatives from China Railway Engineering Co Ltd (CREC) have met with the Yangon Region government to discuss the possibility of constructing of a new Yangon circular railroad, U Than Naing Oo, a..

Poll clarity boosts consumer sentiment (Thailand) A clear date for the long-awaited general election, set for March 24, has lifted consumer sentiment for the first time in five months. The latest survey by the University of the Thai Chamber of Comm..

AirAsia counter-claims RM400m from MAHB AirAsia Group Bhd is seeking more than RM400 million in counter-claims against Malaysia Airports Holdings Bhd (MAHB) in response to a suit filed by the airport operator last month over outstanding air..

Viet Nam targets to attract 100,000 businesses in agriculture Viet Nam wants to attract 100,000 businesses to invest in agriculture. It hopes between 3,000-4,000 businesses will be large scale with the rest medium sized. This information was released by De..

Korea`s KOTRA opens third office in VN South Korea`s Trade-Investment Promotion Agency (KOTRA) on Monday opened its third representative office in Da Nang. The move aims to support Korean firms in line with Seoul`s New Southern Policy o..

Malaysia to roll out Tesla-like battery for electric vehicles by 2020 Malaysia will become the first country in Asean to produce lithium ion battery in the next 18 months. Malaysia Automotive Robotics and IoT Institute (MARii) chief executive officer Datuk Madani Sah..

EU tariffs on Myanmar rice to have limited impact Restoring EU tariffs on Indica rice imports from Myanmar will have an impact on the production of only 60,000 to 100,000 tonnes of Indica rice, U Lu Maw Myint Maung, joint secretary of Myanmar Rice F..

Malaysia urges France to accord equal opportunities to palm oil trade Malaysia is urging France president Macron to stop discriminating and accord equal opportunities to palm oil trade like that of other vegetable oils such as rapeseed and sunflower. In a statement, ..

Cambodia International airports handle over 10 million passengers Passenger traffic continued to grow at the Kingdom`s three international airports last year, pushing full-year passenger numbers above 10 million for the first time, according to figures from Cambodia..

Myanmar trade deficit narrows in Oct-Dec on higher exports Myanmar reduced its trade deficit for the October-December 2018 quarter to US$833 million from $1.2 billion during the same period in 2017, according to government data. Total trade expanded to $8.1 b..

Viet Nam improves animal farming quality Improving the quality and safety of animal husbandry products remains a major export priority in Viet Nam. Nguyen Xuan Cuong, Minister of Agriculture and Rural Development, said that competition in..

Thailand Firms confident about 2019 GDP Business operators have an optimistic outlook on the country`s GDP in 2019, thanks to the upcoming general election, implementation of the Eastern Economic Corridor (EEC) and the coronation ceremony f..

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[Hidden Market Picks] Go long on Binggrae as outlook foggy till Q1 2018 To meet growing interest and demand in Kosdaq, venture, and smaller-cap shares in Korea, Pulse will supply news and information on relatively lesser-known stocks to our readers with the help of our an..

[Hidden Market Picks] Asia Cement: Rosy outlook with Halla Cement acquisition To meet growing interest and demand in Kosdaq, venture, and smaller-cap shares in Korea, Pulse will supply news and information on relatively lesser-known stocks to our readers with the help of our an..

[Hidden Market Picks] NeoPharm: Earnings bright on increased dermatologic foray to clinics and China To meet growing interest and demand in Kosdaq, venture, and smaller-cap shares in Korea, Pulse will supply news and information on relatively lesser-known stocks to our readers with the help of our an..