Golfzon, Korea's leading screen golf operator, said Wednesday that it launched its new City Golf hybrid indoor course in Tianjin, China. This new platform offers an 18-hole golf experience by merging virtual screen golf with actual greens, under the motto "a premium golf course that can be enjoyed in cities." City Golf allows players to tee up and approach shots on a screen, after which the screen opens to enable play on real greens. Depending on the hole, players can also make ap

South Korean biosimilar giant Celltrion announced Wednesday that Steqeyma, the company's biosimilar referencing Stelara, has been approved in the UK, following earlier approvals by Korea, Canada and the European Commission this year. According to the company, Steqeyma has received approval from the UK's Medicines and Healthcare Products Regulatory Agency for its uses in all indications of reference product Stelara, including psoriatic arthritis, Crohn's disease and ulcerative coli

Posco International, the trading and energy arm of Posco Group, announced Tuesday that it has signed a $40 million contract with Australian mining company Black Rock Mining to secure natural graphite, a key material for secondary batteries. The signing event was held on the sidelines of the joint annual meeting between the Australia-Korea Business Council and the Korea-Australia Business Council in Perth, Australia, Tuesday. The event was attended by Korea’s Trade Minister Cheong In-kyo, A

The Ministry of Agriculture, Food and Rural Affairs will open “Korea Agri Expo 2024,” the largest agricultural exposition in the country, at aT Centre in Seoul on Thursday for a four-day run. Marking its sixth year, this annual event has been a platform for showcasing the diverse value and growth potential of agriculture and rural regions since its inception in 2019, ministry officials said Tuesday. Last year's exposition drew significant interest, attracting approximately 94,00

Daewoo Engineering & Construction said Tuesday it has signed a strategic partnership with China State Construction Engineering Corporation, the world’s largest construction company by revenue, to team up on international projects. The signing event was held Monday at the CSCEC’s headquarters in Beijing, where Daewoo E&C Chairman Jung Won-ju and CSCEC International Operations Chairman Gao Bo were present. Founded in 1957, CSCEC has held the top position in US weekly ENR's

Ripple announces new academic partnership with Yonsei University amid Asian expansion

BMW Group emphasized Tuesday it has been actively involved in South Korea for the past three decades, focusing on sourcing parts from local companies, investing in infrastructure and contributing to corporate social responsibility initiatives. The company’s activities in the region reflect its commitment to maintaining and expanding its presence in the Korean market, the group said. In 2023, BMW Group purchased parts worth 6.53 trillion won ($4.86 billion) from Korean companies. This fig

Samsung Electronics introduced Tuesday an annual artwork subscription service for The Frame, the company’s premium TV, offering access to more than 2,500 pieces of art in a vivid 4K QLED display all year round. Samsung Art Store is the company’s digital curator service, delivering 4K-quality artworks from the most distinguished artists, museums and industry tastemakers. The subscription service is available on The Frame, the lifestyle TV that doubles as a digital canvas. It displays

South Korean e-commerce giant Coupang announced Tuesday that it will recruit more than 10,000 new personnel as part of its initiative to expand logistics facilities across the nation. This decision follows the company's March announcement of its plan to invest over 3 trillion won ($2.23 billion) in expanding its logistics operations, primarily focused on fulfillment centers, to enhance its one-day delivery service nationwide. The new fulfillment centers in Daejeon and Gwangju, expected to b

Innocean, a South Korean marketing communications agency under Hyundai Motor Group, announced Tuesday that it will serve as the main sponsor for the South Korean debut of Joopiter, the digital auction platform founded by global music and fashion icon Pharrell Williams. An exhibition of its latest online auction “Nothing But a ‘G’-Thang: The Art & Archive of G-Dragon” will offer an exclusive look into the personal archives of the K-pop icon G-Dragon’s career, fea

About 100 prominent figures from each country’s public and private sectors to gather Wednesday in Seoul

Kia is bringing its latest military innovations to the European stage at the MSPO International Defense Industry Exhibition 2024, being held from Tuesday to Friday in Kielce, Poland. The centerpiece is the European debut of the Kia Medium Tactical Vehicle (on the right). The KMTV excels in rugged terrain, with features like a 60 percent slope climb and 1-meter water fording. Kia is also displaying its Kia Light Tactical Vehicle bare chassis (on the left), featuring mine-resistant floors, which

The USNS Wally Schirra, a critical US Navy logistics ship, is docked at Hanwha Ocean's Geoje facility on Monday for a three-month maintenance overhaul. The 210-meter vessel, which delivers supplies like ammunition and fuel to warships, will receive comprehensive maintenance, including engine repairs and hull inspections. This project marks Korea's first US warship maintenance deal. (Hanwha Ocean)

South Korean food and entertainment giant CJ Group said Tuesday that it will host a celebratory event on Wednesday to mark the return of Frieze Seoul, the Korean franchise of the international art fair. This year, Frize Seoul is being held Wednesday to Saturday at Coex in southern Seoul. On the first day, CJ will invite some 400 global cultural figures from home and abroad to a special gathering. Participants include foreign and domestic art professionals such as curators from art galleries and

Hansung Motors, one of the top official Mercedes-Benz dealers in South Korea, has appointed Marco Kim as its new CEO, the company announced Monday. Marco Kim brings extensive global expertise in the luxury automotive sector, having held key leadership and consulting roles with several prestigious car brands. Born in South Korea and raised in Australia, Kim holds a medical degree and an MBA from the University of Queensland. He later became a chartered accountant and joined Deloitte Motor Industr