E-commerce fulfillment specialist WeKeep has signed a cold chain logistics contract with IKEA Korea to store and manage the company’s fresh food products. The company plans to use an AI-based…
The Incheon FTA Trade Promotion Center, run by the Incheon Chamber of Commerce, will support 60 local small and medium-sized enterprises (SMEs) this year through the ‘2025 OK FTA Consulting…
Hwang Hyun-bae has been re-elected as Chairman of the Korea Federation of Small and Medium Business (KFSB) at a meeting held at the Incheon headquarters. The KFSB’s Incheon branch plans…
Hyundai Glovis is expanding its ‘contactless car selling’ used car purchase service nationwide in partnership with car-sharing platform Socar. The service will be extended to remote small towns and areas…
The volume of construction materials like sand and cement transported has dropped by around 40%, severely affecting the construction industry in the Seoul metropolitan area. The prolonged shutdown of Hyundai…
E-commerce fulfillment specialist WeKeep has signed a cold chain logistics contract with IKEA Korea. Under the agreement, WeKeep will store and manage IKEA Korea’s perishable goods in a cold storage…
On the day short selling resumed in the South Korean stock market, stock prices fell significantly, with the KOSPI closing down 76.86 points, or 3%, at 2,481.12. Foreign investors led…
Hanwha Aerospace plans to invest 11 trillion won in the mid to long term, including 6.3 trillion won to establish a European production base in Poland and a joint venture…
The Chinese government plans to inject over 100 trillion won into its four major state-owned banks to strengthen their capital and prevent a potential financial crisis due to the ongoing…
The Korea Consumer Agency found ‘shrinkflation’ in 9 products during the last quarter, with food items such as chocolates and candies being prevalent. Despite regulations requiring manufacturers and sellers to…