https://www.scmp.com/rss/318486/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com South Korean President Yoon Suk-yeol’s bold decision to visit Japan and seek detente has altered the delicate power balance in East Asia, effectively deepening China’s isolation in its neighbourhood. To be sure, Yoon’s move is controversial, as he faces backlash at home over his major concessions on the forced labour dispute – a legacy issue from Japan’s colonial rule over the Korean peninsula. South Korea’s main opposition party has branded Yoon as a “traitor”. While how long the reconciliation... https://www.scmp.com/news/china/diplomacy/article/3215144/if-south-korea-can-look-past-japans-wartime-wrongs-why-cant-china?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3215144/if-south-korea-can-look-past-japans-wartime-wrongs-why-cant-china?utm_source=rss_feed Tue, 28 Mar 2023 11:49:31 +0000 Local and foreign investment in South Korean real estate dropped by nearly a third in the first three months of the year as Seoul announced plans to remove tax perks granted to the most common ­investment vehicles used by institutional investors. In the first quarter of the year, total foreign and local investment declined 31 per cent to US$4.44 billion from US$6.47 billion in the same period last year, data from Real Capital Analytics showed. Under the country’s current tax regime, real estate... https://www.scmp.com/property/hong-kong-china/article/3011061/south-korean-property-boom-fizzles-out-investors-balk-plan?utm_source=rss_feed https://www.scmp.com/property/hong-kong-china/article/3011061/south-korean-property-boom-fizzles-out-investors-balk-plan?utm_source=rss_feed Tue, 21 May 2019 05:00:14 +0000 Mainland China’s investments in overseas properties plunged last year amid stringent capital controls and a push by the government to get companies to put their money into belt and road infrastructure projects instead. The vacuum left behind has opened up opportunities for other Asian countries to increase their global real estate portfolios, according to analysts. South Korea in particular has benefited. In 2018 and the first quarter of this year South Koreans spent US$3.47 billion on overseas... https://www.scmp.com/property/hong-kong-china/article/3006681/south-koreans-plough-offshore-property-markets-mainland?utm_source=rss_feed https://www.scmp.com/property/hong-kong-china/article/3006681/south-koreans-plough-offshore-property-markets-mainland?utm_source=rss_feed Thu, 18 Apr 2019 23:30:12 +0000 South Korea has spawned global brands, such as Samsung, LG and Hyundai, that are household names the world over. In Hong Kong, mobile brands such as Samsung and LG are popular with consumers.  South Korea and Hong Kong, along with the mainland, are major trading partners. Last year, during the Asia-Pacific Economic Cooperation (Apec) CEO summit in Beijing, South Korea and China negotiated the Korea-China Free Trade Agreement (FTA) which will be institutional support for Korean businesses in Hong... https://www.scmp.com/article/1752547/ties-strengthen-view-deal?utm_source=rss_feed https://www.scmp.com/article/1752547/ties-strengthen-view-deal?utm_source=rss_feed Tue, 31 Mar 2015 09:34:27 +0000 Looking back on last year, even though the overall economic situation was difficult, there was still good news from South Korea. Korea's trade had recorded a surplus for 35 consecutive months, the trade volume was a record high, US$1.1 trillion, while the trade surplus was US$45 billion and export record was US$575 billion. During the Apec CEO Summit 2014 in Beijing, South Korea and China negotiated a Korea-China FTA, which will provide institutional support for Korean businesses in China and... https://www.scmp.com/article/1752545/message?utm_source=rss_feed https://www.scmp.com/article/1752545/message?utm_source=rss_feed Tue, 31 Mar 2015 09:32:33 +0000 South Korea is a popular destination for Hongkongers, especially in the winter months as many opt for holidays at the many family-friendly ski resorts. But the country also offers a wide range of summer beach destinations, some of which are easily accessed from cities.  Arguably the most popular beach in South Korea is Haeundae Beach, located in the southeastern city of Busan, a two-hour flight or an eight-hour bus ride from Seoul. The 1.5km white sand beach is famous for its annual sand... https://www.scmp.com/article/1752543/easy-escape-beaches?utm_source=rss_feed https://www.scmp.com/article/1752543/easy-escape-beaches?utm_source=rss_feed Tue, 31 Mar 2015 09:30:49 +0000 The K-pop beat and Gangnam style of South Korea's music stars may have taken Asia by storm, but that is not the only area in which the country is exporting its cultural influence.  In Hong Kong, people may be most familiar with the well-crafted movies and cliff-hanger TV dramas on local screens. There is also an increasing fan base of collectors and connoisseurs drawn to the paintings and other works of the latest generation of Korean artists, and those who paved the way over the past... https://www.scmp.com/article/1752542/gallery-director-says-art-can-help-city-emulate-creative-koreans?utm_source=rss_feed https://www.scmp.com/article/1752542/gallery-director-says-art-can-help-city-emulate-creative-koreans?utm_source=rss_feed Tue, 31 Mar 2015 09:28:24 +0000 In the aftermath of the Korean War in the early 1960s, South Korea was among the world's poorest countries. Under the administration of former President Park Chung-hee, South Korea began a period of tremendous industrial and economic growth.  Park helped transform a nation ensnared in poverty into one of Asia's tiger economies. Kindling the patriotic flame ignited by Park, Yeungnam University (YU) has taken up the mantle of nurturing next-generation students ready to shape an even better... https://www.scmp.com/article/1752537/yu-envisions-being-university-world?utm_source=rss_feed https://www.scmp.com/article/1752537/yu-envisions-being-university-world?utm_source=rss_feed Tue, 31 Mar 2015 09:20:11 +0000 People bustling along Tehran Boulevard in Seoul often stop to marvel at the glass fence outside the Gangnam Finance Center building. The handrails look like ordinary clear glass - until they change hue and play media content.  About a centimetre thick, the new smart glass technology from g-smatt global does away with unsightly wires, metal box casings and printed circuit boards used in traditional opaque display panels. After years of research, the company has developed the know-how to... https://www.scmp.com/article/1752536/smart-glass-g-smatt-revolutionises-city-landscapes?utm_source=rss_feed https://www.scmp.com/article/1752536/smart-glass-g-smatt-revolutionises-city-landscapes?utm_source=rss_feed Tue, 31 Mar 2015 09:18:10 +0000 Managing some of the world's best airports is a feat that Korea Airports Corporation (KAC) is fast gaining world recognition for. The Air Transport Research Society has named three of the 14 airports that KAC operates across South Korea as the most efficient in Asia in 2014. These include Gimhae International Airport in the No 1 slot, followed by Jeju International Airport. Ranking fifth in the tally, KAC's Gimpo International Airport has also been making waves globally in the area of customer... https://www.scmp.com/article/1752533/kac-sets-global-standards-airport-operations?utm_source=rss_feed https://www.scmp.com/article/1752533/kac-sets-global-standards-airport-operations?utm_source=rss_feed Tue, 31 Mar 2015 09:15:17 +0000 English, international thought, and integrity are vital tools in South Korea's increasingly globalised education and economy. Combining this with research, technology and innovation, Korea International School (KIS) is able to transcend not only a language barrier, but a higher level of academic excellence for South Koreans and international families living in the country. Accredited by the Western Association of Schools and Colleges in the United States, KIS offers Advanced Placement courses... https://www.scmp.com/article/1752532/kis-innovations-elevate-regions-international-k-12-education?utm_source=rss_feed https://www.scmp.com/article/1752532/kis-innovations-elevate-regions-international-k-12-education?utm_source=rss_feed Tue, 31 Mar 2015 09:13:23 +0000 Envisioning Asia making a global impact in the pharmaceutical industry, Dong-A Socio Group welcomes partnerships with the region's pharmaceutical companies for the development of groundbreaking new drugs. "The pharmaceutical sector is very competitive. Without cooperation, Asian companies face a challenge competing globally," says Lee Dong-hoon, executive vice-president and CEO. "We should all be open to different collaborative opportunities and leverage the Asian market together." Dong-A Socio... https://www.scmp.com/article/1752531/dong-socio-group-pushes-international-cooperation-pharmaceutical-industry?utm_source=rss_feed https://www.scmp.com/article/1752531/dong-socio-group-pushes-international-cooperation-pharmaceutical-industry?utm_source=rss_feed Tue, 31 Mar 2015 09:06:13 +0000 A major global business and logistics hub in northeast Asia, the Incheon Free Economic Zone (IFEZ) is positioned to become one of the world's top hubs by 2020. With a geographically advantageous location connecting 61 cities, attractive tax incentives and a highly educated workforce, it continues to draw in record-high foreign direct investment (FDI) - peaking at US$2.07 billion in 2012 in less than 10 years since its inception. "We believe that IFEZ is a key economic growth engine powering the... https://www.scmp.com/article/1752520/ifez-emerges-preferred-international-investment-hub?utm_source=rss_feed https://www.scmp.com/article/1752520/ifez-emerges-preferred-international-investment-hub?utm_source=rss_feed Tue, 31 Mar 2015 09:02:31 +0000 As one of South Korea's representative enterprises, the history of Daelim Industrial is closely entwined with that of the country's construction industry. Daelim has played a pivotal role in the foundation and development of South Korea's major oil and gas plants, civil and building projects. "We are very business-oriented," says Lee Chul-kyoon, president and CEO. "We nurture long-term relationships, and we have the technological know-how to deliver satisfaction to clients." Daelim pioneered... https://www.scmp.com/article/1752506/daelim-exercises-global-top-tier-epc-capability?utm_source=rss_feed https://www.scmp.com/article/1752506/daelim-exercises-global-top-tier-epc-capability?utm_source=rss_feed Tue, 31 Mar 2015 08:46:52 +0000 With rapid population growth and continuing economic development, energy consumption worldwide is projected to dramatically increase. In addition to meeting soaring energy demand, power generation companies also need to address mounting pressures to bring down energy-related greenhouse gas emissions that cause roughly half of global warming pollution. Rising to the challenge is Korea Hydro & Nuclear Power (KHNP), an emerging energy powerhouse based in Seoul.  Leveraging the strengths of parent... https://www.scmp.com/article/1752444/khnp-lays-cornerstones-international-energy-leadership?utm_source=rss_feed https://www.scmp.com/article/1752444/khnp-lays-cornerstones-international-energy-leadership?utm_source=rss_feed Tue, 31 Mar 2015 08:13:29 +0000 Asia's emerging markets continue to grow and modernise, creating immense infrastructure development opportunities in the region. Prospects are also bright in advanced economies that now face ageing infrastructure. South Korea's "technology pioneer" of construction - Korea Engineering Consultants Corporation (KECC) - is well-positioned to capitalise on these market opportunities. Leveraging more than 50 years in engineering consulting services and a culture of unceasing innovation, KECC is... https://www.scmp.com/article/1752427/kecc-rises-global-engineering-company?utm_source=rss_feed https://www.scmp.com/article/1752427/kecc-rises-global-engineering-company?utm_source=rss_feed Tue, 31 Mar 2015 08:00:18 +0000 As the Korean wave, or Hallyu, continues to ripple across China and Southeast Asia - fuelling the rise of South Korean cultural exports - Seoul-based integrated entertainment enterprise iHQ is well on its way to becoming Asia's biggest global entertainment content provider.  With a long-standing reputation for pioneering top-notch films, music and TV shows, iHQ's scientific talent management system, superb human resources infrastructure and quality production environment make it one of the... https://www.scmp.com/article/1752381/entertainment-front-runner-ihq-eyes-worldwide-media-partnerships?utm_source=rss_feed https://www.scmp.com/article/1752381/entertainment-front-runner-ihq-eyes-worldwide-media-partnerships?utm_source=rss_feed Tue, 31 Mar 2015 07:23:05 +0000 Competition among makers of smartphones, TVs and other screened devices drives the demand for thinner yet sturdier glass panels. Amid this and the ever-increasing sophistication in consumer preferences, hi-tech equipment innovator meerecompany has continued to push the envelope in the development of next-generation technologies.  "Our pursuit of innovation is continuous," says CEO Kim Joon-hong. "We ensure customer satisfaction through creativity, speedy delivery and dedication to research and... https://www.scmp.com/article/1752377/3d-range-cameras-and-panel-grinders-smoothen-meerecompanys-lead?utm_source=rss_feed https://www.scmp.com/article/1752377/3d-range-cameras-and-panel-grinders-smoothen-meerecompanys-lead?utm_source=rss_feed Tue, 31 Mar 2015 07:11:02 +0000 Hanma - a legendary horse with great endurance - is the symbol of Kyungnam University (KU), an institution that harnesses its strong heritage to meet the challenges of the 21st century. Founded on a tradition of excellence, the university was established in 1946 on the grounds of Kookmin College, set up by independence leaders including Syngman Rhee, South Korea's first president.  One of South Korea's leading universities, KU comprises 900 faculty and staff, and 15,000 students. KU sees itself... https://www.scmp.com/article/1751130/kyungnam-university-promotes-regional-harmony-through-strategic-partnerships?utm_source=rss_feed https://www.scmp.com/article/1751130/kyungnam-university-promotes-regional-harmony-through-strategic-partnerships?utm_source=rss_feed Mon, 30 Mar 2015 10:01:28 +0000 Polymer dispersed liquid crystal (PDLC) technology will soon go beyond smart windows as Q-Sys, South Korea's global market leader in this niche, explores prospects in consumer electronics, appliances, vehicles and building construction.  Associated with privacy glass, or transparent glass that can turn opaque, PDLC reaches unlimited possibilities with Q-Sys' research-driven innovation. For example, the company is ready to commercialise bi-stable PDLC within two years. The next-generation PDLC... https://www.scmp.com/article/1751129/q-sys-ushers-future-display-market?utm_source=rss_feed https://www.scmp.com/article/1751129/q-sys-ushers-future-display-market?utm_source=rss_feed Mon, 30 Mar 2015 09:58:24 +0000 Surface treatment technologies are becoming more vital as manufacturers seek to significantly improve the performance and durability of precision components, while reducing their environmental footprint. Dongwoo HST, a leading South Korean provider of advanced heat treating and coating solutions, meets these market challenges through continuous innovation.  Matching the strength of South Korea's major players in the automotive and electronic sectors throughout the past 29 years, Dongwoo is... https://www.scmp.com/article/1751121/cutting-edge-surface-treatments-bolster-dongwoos-global-foothold?utm_source=rss_feed https://www.scmp.com/article/1751121/cutting-edge-surface-treatments-bolster-dongwoos-global-foothold?utm_source=rss_feed Mon, 30 Mar 2015 09:52:47 +0000 Upholding more than three decades of pipe-bending expertise as South Korea's pioneer in induction bending technology, SUNG IL (SIM) is finely tuned into Asia-Pacific's growing pipeline industry. As rising oil and gas consumption in the region attracts investments in pipeline transmission infrastructure, the company seeks to share its expertise beyond South Korea. "We offer a very high technology with varied industrial applications, and want to educate the market about it," says Woo Yang-ho,... https://www.scmp.com/article/1751117/sung-il-fortifies-piping-systems-asia?utm_source=rss_feed https://www.scmp.com/article/1751117/sung-il-fortifies-piping-systems-asia?utm_source=rss_feed Mon, 30 Mar 2015 09:44:02 +0000 Asia moves full steam ahead as the largest market for onshore wind energy. CS Wind - ranked No 1 manufacturer of wind towers - brings world-class wind energy solutions to the region.  "We seal our regional stance by delivering defect-free, premium products on time," says Kim Sung-sup, president and CEO. Tracing its roots in steel construction, the company celebrates 30 years of unparalleled success. Eight out of 10 major wind turbine companies rely on CS Wind for its high-quality wind towers... https://www.scmp.com/article/1751116/riding-strong-tailwind-clean-energy?utm_source=rss_feed https://www.scmp.com/article/1751116/riding-strong-tailwind-clean-energy?utm_source=rss_feed Mon, 30 Mar 2015 09:39:32 +0000 Since it ventured internationally in 2007, Kunhwa Engineering & Consulting is quickly building a reputation on the global scene.  In a short period, South Korea's top-tier engineering consultancy company made it to the Top 225 International Design Firms for 2014 published by New York-based Engineering News-Record. The company ranked 178th last year, a marked improvement from its 196th position in 2013.  "Our success has been tremendous," says chairman and CEO Hwang Kwang-ung, who has received... https://www.scmp.com/article/1751104/kunhwas-commitment-engineering-excellence-improves-lives-communities?utm_source=rss_feed https://www.scmp.com/article/1751104/kunhwas-commitment-engineering-excellence-improves-lives-communities?utm_source=rss_feed Mon, 30 Mar 2015 09:31:33 +0000 Beating the odds against cancer is a marathon, not a sprint - and so is the quest to develop better treatments for the disease, among other complex conditions such as immune disorders. "The successful development of global new drugs [GND] requires a clear definition of goals, perseverance, patience, maintenance of a tireless work pace and a noble work ethic," says Sohn Ki-young, CEO and chairman of Enzychem Lifesciences, a leading developer of active pharmaceutical ingredients (APIs) based in... https://www.scmp.com/article/1751103/enzychem-spearheads-breakthroughs-global-oncology-and-immune-health?utm_source=rss_feed https://www.scmp.com/article/1751103/enzychem-spearheads-breakthroughs-global-oncology-and-immune-health?utm_source=rss_feed Mon, 30 Mar 2015 09:29:24 +0000 With innovative minds at the helm, Kyungchang Industry (KCI) bridges East and West with defence materiel that ensures geopolitical security in the free world. True to its commitment to excellence, the company released new-generation ballistic helmets, magazines and antiriot suits last year to help the military and police authorities hurdle operational challenges posed by fragile equipment.  "We have been focused on research and development since we established our company in 1984," says No... https://www.scmp.com/article/1751102/kyungchang-industry-links-defence-markets-upgraded-gear?utm_source=rss_feed https://www.scmp.com/article/1751102/kyungchang-industry-links-defence-markets-upgraded-gear?utm_source=rss_feed Mon, 30 Mar 2015 09:26:53 +0000 Stem cell therapy will reorient health establishments towards preventive care, a trend that is likely to capture a high-net-worth populace already invested in beauty, health and wellness.  "The future is in speciality hospitals," says Yoon Kyeong-wook, president and CEO of CHA Healthcare, the global hospital arm of CHA Health Systems (CHS) founded by South Korean medical scientist Dr K.S. Cha in the 1960s. The CHS network includes speciality hospitals for women's diseases, fertility clinics,... https://www.scmp.com/article/1751096/cha-health-systems-advances-new-era-hospitals?utm_source=rss_feed https://www.scmp.com/article/1751096/cha-health-systems-advances-new-era-hospitals?utm_source=rss_feed Mon, 30 Mar 2015 09:19:20 +0000 When it comes to technical expertise, South Korea is considered among the world's hot spots, and Global Tyche epitomises the country's high competence levels. With its track record of delivering quality extruded and moulded rubber products at competitive price points, Global Tyche is gaining traction in its export markets as a trustworthy and reliable supplier.  Global Tyche is among South Korea's leading manufacturers of rubber products such as extrudable sealing, edge trim, grommets and... https://www.scmp.com/article/1751091/global-tyche-ready-expand-export-markets?utm_source=rss_feed https://www.scmp.com/article/1751091/global-tyche-ready-expand-export-markets?utm_source=rss_feed Mon, 30 Mar 2015 09:13:56 +0000 Advancements in display technologies are upholding the booming markets of electronics display products in Asia and worldwide. As consumer products such as smartphones, laptops, tablets and televisions remain in high demand, notable optical components developer KOYJ continuously upgrades technologies to support the display industry's growth. KOYJ started as a display materials trader in 1998, but with the advent of modern electronics devices, it transformed into a manufacturer of composite... https://www.scmp.com/article/1751073/koyj-forefront-growth-visual-display-industry?utm_source=rss_feed https://www.scmp.com/article/1751073/koyj-forefront-growth-visual-display-industry?utm_source=rss_feed Mon, 30 Mar 2015 08:42:17 +0000 Any equipment can only be as good as its individual components. For cable chains used in applications ranging from car manufacturing to aircraft maintenance, marine engineering and robotics, this means relying on high-quality suppliers. For leaders in these industries, it calls for CP System (CPS). CPS is the first and only manufacturer of its kind that has localised the production of cable chains and related products. Through continuous research and development, it was able to improve on - and... https://www.scmp.com/article/1751033/cps-brings-homegrown-cable-chain-ingenuity-globally?utm_source=rss_feed https://www.scmp.com/article/1751033/cps-brings-homegrown-cable-chain-ingenuity-globally?utm_source=rss_feed Mon, 30 Mar 2015 08:39:51 +0000 Ports have long come hand-in-hand with every nation's growth. For Incheon Port, this means helping unlock South Korea's economic potential - and transforming what used to be a country with scarce natural resources into one of the world's wealthiest. Home to a fishing village of fewer than 5,000 inhabitants before it opened its port in 1883, Incheon - then called Jemulpo - quickly rose as a pivotal industrialisation and modernisation hub. "Strategically located in the heart of the Korean... https://www.scmp.com/article/1751029/incheon-port-rises-pivotal-trade-tourism-hub?utm_source=rss_feed https://www.scmp.com/article/1751029/incheon-port-rises-pivotal-trade-tourism-hub?utm_source=rss_feed Mon, 30 Mar 2015 07:49:55 +0000 Global companies are shifting their production bases to Asia, driving demand for paper-based packaging and labels in the region. Hansol Paper, a market leader in South Korea, sees the trend as an opportunity to further its goal to rank among the top 20 global players in paper manufacturing.  Hansol has 50 years of expertise in producing high-quality printing, industrial and speciality papers. It is the only company in South Korea with strong foundations in all three of these product portfolios.... https://www.scmp.com/article/1750957/hansol-makes-enduring-mark-global-papermaking-map?utm_source=rss_feed https://www.scmp.com/article/1750957/hansol-makes-enduring-mark-global-papermaking-map?utm_source=rss_feed Mon, 30 Mar 2015 05:01:24 +0000 Sharing the 15-year growth trajectory of South Korea's economy, STIC Investments treads the path of success by leveraging the rise of Korean electronics and semiconductor companies. From a venture capital group centred on information technology (IT) in 1999, STIC has matured into a full-fledged private equity firm that specialises in buyouts, growth capital and secondary direct investments. "STIC shifted its investment strategy to mid-market growth capital investments to be consistent with South... https://www.scmp.com/article/1750944/stic-links-investment-opportunities-asia-and-drives-it-growth?utm_source=rss_feed https://www.scmp.com/article/1750944/stic-links-investment-opportunities-asia-and-drives-it-growth?utm_source=rss_feed Mon, 30 Mar 2015 04:37:18 +0000