On the 15th, a fire broke out at the SK C&C Data Center in Pangyo, delaying Kakao Bank app , and temporarily suspending some services such as simple transfer, new and extended emergency loans, and Kakao Talk consultation.

KakaoBank, a leading internet-only bank in Korea, is receiving a barrage of complaints from its employees who bought employee shares as the stock price of KakaoBank plunges more than 80% from the peak.

SK hynix said, “We have reached an agreement with the U.S.

The Monetary Policy Board of the Bank of Korea (BOK) took a big step to increase the base rate to 3%, and BOK forecasted the next year’s economic growth rate would be under 2.1%, which was the last outlook.

Samsung Electronics Vice Chairman Lee Jae-yong on 11th visited Samsung Biologics in Songdo, Incheon, to attend the completion ceremony of its fourth plant, the world’s single largest biopharmaceuticals manufacturing facility.

SK hynix announced that it has increased the proportion of process introduction to 40% after successful localization of ‘Neon Gas’, an essential raw material for semiconductors.

SK began to expand its capacity of its CDMO(Contract Development & Manufacturing Organization) to produce pharmaceutical ingredient at home and its reach further to the global market.

Store shelves full of rice produced in Yecheon county in the province of North Gyeongsang, South Korea, are capturing attentions of people across Los Angeles The Yecheon rice has been flying off the shelves in H-MART that has 130 stores globally.

Moda Moda, a bio cosmetics company, concluded a joint venture LOI with the Chinese China Grand Enterprises (CGE) group to enter into the Chinese market.

Daewoo Shipbuilding & Marine Engineering (DSME) signed a conditional investment agreement (MOU), including about capital increase, with Hanwha Group on 26th.