Photo=LIG Nex1 Koo Bon-sang, Chairman of South Korea’s defense company LIG Nex1, has met with the head of the Mohammed bin Rashid Space Centre (MBRSC), the driving force behind the United Arab Emirates’ (UAE) space programs. He also visited DSMC International, a marketing and networking organization supporting global companies expanding into the Middle East. The visit aimed to strengthen business

(Photo=Furiosa) South Korean AI chip startup FuriosaAI has reached unicorn status with a valuation of $728 million, becoming the first unicorn company under President Lee Jae-myung's administration. The milestone comes just months after the company reportedly turned down an $874 million acquisition offer from U.S. tech giant Meta. Several media outlets reported on July 24 that FuriosaAI recently closed a

(Photo=Cass) Cass, the flagship beer brand of South Korea’s Oriental Brewery (OB), has been ranked 23rd in the 2025 list of the world’s top 50 most valuable beer brands, released by the global brand valuation agency Brand Finance. It is the only Korean brand to make the list, underscoring Cass’s rising international stature. Brand Finance, a UK-based brand valuation consultancy,

Photo=NTS South Korea's newly appointed Commissioner of the National Tax Service (NTS), Lim Kwang-hyun, has declared an aggressive campaign to collect an outstanding $80 billion in unpaid national taxes. This initiative aims to thoroughly investigate all delinquent taxpayers and reinforces the government's commitment to securing financial resources to fulfill President Lee Jae-myung's campaign pledges. During his inauguration ceremony at the

Photo=SK Hynix SK Hynix, a global leader in memory semiconductors, announced a monumental second quarter, reporting an operating profit that soared past $6.6 billion, marking the highest quarterly performance in the company's history. This record-breaking achievement was largely fueled by robust demand for AI-specific memory and the accelerated sales of its cutting-edge HBM3E 12-layer (5th-generation High Bandwidth Memory). On July