Celltrion expands Japan push with SteQeyma IV launch

Celltrion said Friday it has launched the intravenous formulation of SteQeyma for autoimmune diseases in Japan. Celltrion launched the IV formulation about four months after receiving approval from Japan’s Ministry of Health, Labour and Welfare in April. In addition to its existing indications for psoriasis and psoriatic arthritis, the product now also covers Crohn’s disease, significantly expanding its treatment scope. Celltrion’s Japanese subsidiary plans to leverage its sales expertise built

2026-08-21 13:52:50:00

Musinsa enters Vietnam with local retail giant IPPG affiliate

Musinsa said Friday it has partnered with Au Chau Fashion and Cosmetics Company Limited, a subsidiary of Vietnam’s leading retailer Imex Pan Pacific Group, to enter the Vietnamese market. Musinsa and ACFC signed an exclusive distribution agreement in July and will work together to launch Musinsa Standard in Vietnam. IPPG operates more than 100 global brands and over 1,200 stores across Vietnam. ACFC, an IPPG affiliate, currently has a portfolio of 28 global fashion brands and operates more than

2026-08-21 13:13:30:00

Nexon launches W250b hunt for next global game IP

Nexon said Thursday it will launch an investment program worth up to 250 billion won ($179 million) with the Korean government and Kona Venture Partners to discover promising intellectual properties in the gaming space and help emerging developers expand globally. At the center of the program is the 120 billion won Kona Global IP Investment Fund, which Nexon will establish with game-focused venture capital firm Kona Venture Partners through its new investment subsidiary, Nexon Partners. The fund

2026-08-20 15:36:22:00

Mom’s Touch opens first Singapore store under FairPrice Group partnership

Mom’s Touch said Thursday it opened its first Singapore location, marking its first store under a master franchise agreement with Singapore retailer FairPrice Group. The first Singapore location opened on South Bridge Road in the central business district and drew about 200 customers waiting to enter. Despite its 90-seat capacity, the store’s average daily sales during its first five days more than doubled the local target. Mom’s Touch said it will focus on localization by taking Singapore’s div

2026-08-20 13:13:41:00

Dongwha takes 129-year-old digestive remedy global with K.O.D

Dongwha Pharm said Thursday it will take its 129-year-old Whal Myung Su digestive medicine overseas under a new brand, K.O.D, enlisting K-pop group Cortis to promote the product globally. Short for Korea Original Digestive, K.O.D adapts the taste and ingredients of Whal Myung Su for overseas consumers while drawing on the heritage of one of Korea’s best-known digestive medicines. K.O.D will debut at Korean pharmacies and duty-free stores this month before entering US supermarkets, pharmacies and

2026-08-20 13:13:33:00

Daewoo E&C brings Prugio complex to Cheonan

Daewoo Engineering & Construction said Wednesday it will begin sales in September for Dujeong Station Prugio Grand Peak, a new apartment complex in Seongjeong-dong, Cheonan, South Chungcheong Province. Located in Cheonan’s established Seobuk-gu downtown area, the complex is positioned to serve workers at nearby industrial sites, including Samsung Display’s Cheonan Campus. It is also within commuting distance of the Cheonan No. 2, 3 and 4 General Industrial Complexes and the Baekseok Agricultural

2026-08-19 15:31:41:00

HD Hyundai launches first locally built naval ship in Peru

HD Hyundai Heavy Industries said Wednesday it has launched the Chimbote, the first of two landing support ships being jointly built in Peru under a new export model combining Korean technology with local production. The vessel was launched at the shipyard of Peru’s state-run Servicios Industriales de la Marina, or SIMA. Designed for the Peruvian Navy, the Chimbote can transport personnel and supplies while supporting logistics and disaster-response operations. Its sister ship, the Talara, comple

2026-08-19 14:35:57:00

LS Electric wins $34m Bloom Energy data center deal

LS Electric said Tuesday it has won a $34.3 million contract from US energy technology company Bloom Energy to supply power distribution equipment for a hyperscale data center in Wyoming. Under the agreement, LS Electric will provide key systems, including low-voltage switchboards, for the data center project being developed by Bloom Energy and a major US energy infrastructure company. The Korean maker of power equipment has been expanding its next-generation distribution business as the rapid g

2026-08-18 13:24:07:00

Korea Eximbank donates W100m for Colombia quake relief

The Export-Import Bank of Korea said Tuesday it has donated 100 million won ($70,825) to the Korean Red Cross to support relief efforts following a powerful earthquake in Colombia. The funds will provide emergency supplies and other assistance to affected communities. More than 50,000 people were affected by the magnitude 7.4 earthquake and subsequent aftershocks, according to the bank. “We hope the donation provides some comfort and practical support to those who lost their homes and livelihood

2026-08-18 13:23:16:00

Korea Eximbank lends Glencore $1b to secure copper

The Export-Import Bank of Korea said Monday it would provide $1 billion in financing to Swiss commodities giant Glencore in return for a stable supply of copper to Korean companies. Glencore operates mines and smelters that produce copper, zinc and nickel worldwide. Its trading network handles more than 60 commodities through long-term relationships with thousands of customers and suppliers. The financing will support Glencore’s general corporate operations, while the company will supply copper

2026-08-17 14:27:24:00