Gains in LG's market capitalization have been the highest among major companies.

With Chairman Koo Kwang-mo at the helm, the South Korean conglomerate LG has been able to outpace its larger competitors Samsung, SK, and Hyundai Motor in terms of overall market value growth over the past year thanks to its focus on change, innovation, and the development of new growth engines. ...

The IPO for SK Pharm TECO has been delayed until 2024.

On Wednesday, key officials from the firm and SK affiliates indicated that owing to market volatility, the IPO of SK pharm TECO, a California-based contract research and manufacturing organization under Korean conglomerate SK Inc., will be delayed at least until 2024. CEO of SK pharm TECO Joerg A...

S. KOREA'S BUSINESS CHIEF’S DIVIDEND PAYMENTS ROSE 37.1% IN 2020

Highlights –

• S. Korea's business Chief’s dividend payments rose 37.1% in 2020.
• 39 heads of the nation's 50 conglomerates received a combined US$1.6 billion in 2020.
• Late Samsung Group Chairman Lee Kun Hee’s dividen...

S. KOREA CONGLOMERATES TO INVEST $38.2 BILLION IN THE HYDROGEN INDUSTRY

Highlights –

• S. Korean conglomerates to invest $38.2 billion in the hydrogen industry.
• SK, Hyundai Motor, POSCO, Hanwha, and Hyosung are ready to invest in a wide range of hydrogen infrastructure.
• SK Group plans to invest 18.5 trillio...

TOKYO GAS CO. AND PHILIPPINES FIRST GEN CORP. TO JOIN IN BUILDING LIQUEFIED NATURAL GAS

Highlights –

• Tokyo Gas Co. and Philippines First Gen Corp. to join in building liquefied natural gas.
• Both the companies plan to launch the construction work in the second half of 2022.
• Tokyo Gas Co. is planning to take on 20 percent ...

TBT: GROUND-BREAKING IDEAS BRIDGING STARTUPS AND ENTERPRISING MULTINATIONALS

• The coronavirus pandemic is pressing Korean conglomerates to seek innovation for growth.
• At the same time, a recent modification in the nation’s law, allowing a chaebol (family owned business conglomerate) with a holding company structure to own a venture capital house, i...

KOSPI DIVES MORE ON FEBRUARY 28, 2020 – COVID -19

Highlights –

• KOSPI falls as of Friday, Feb.28
• Foreign investors binge sell for fifth consecutive session
• Top conglomerates’ shares continue to plunge

According to a news report by the Yonhap News Agency, South...