The Korea Economic Daily

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Bibigo, CJ Cheiljedang’s flagship brand, will step up sports marketing to promote its Korean food products as the title sponsor of the CJ Cup Byron Nelson next month. CJ CheilJedang #Bibigo #CJCup THE CJ CUP Byron Nelson #Kfood https://lnkd.in/gZ3gB9wi

Large-scale overseas projects boosted major Korean builders’ quarterly earnings while lackluster domestic construction work hurt their profitability.   삼성물산 건설부문 #SamsungEnC GS Engineering #SaudiArabia #Koreanconstructioncompanies #Koreanbuilders #Iraq #DaewooEngineeringnConstruction #DaewooEnC 삼성물산 삼성물산 건설부문 현대엔지니어링 Hyundai Engineering & Construction Co.,Ltd.   https://lnkd.in/gwj6Bvj2

South Korean retailers and hotels are enjoying a boom thanks to surging tourists at home and abroad during the holidays in early May across North Asia as more than 180,000 foreigners are expected to visit the country. #Korea #Japan #China #holidays #LaborDay #GoldenWeek #hotels #casinos #departmentstores #dutyfree #Lotte #Paradise #Hyundai #MoheganInspire #Seoul #MyeongDong #tourists https://lnkd.in/g_FJc2vG

KB Kookmin Bank has sold $600 million worth of global senior secured bonds, comprised of three-year $300 million and five-year $300 million debts; the bonds were oversubscribed nearly four times. #KookminBank #bank #bond #debt #seniorsecured https://lnkd.in/gvFiQajA

Seoul-based STIC Investments will sell a 68.4% stake in COOP Marketing(쿠프마케팅), which operates online coupons for messenger app Kakao Talk, for more than $218 million. #mobilecoupon #mobilevoucher #digitalmarketing #divestment #acquisition #privateequity https://lnkd.in/gkNJUw7J

S.Korea's exposure to risks from domestic real estate financing loan defaults reached $145 billion, a big chunk of which is falling due between 2024 and 2025, according to Samjong KPMG. #Realestate #projectfinancing #SamjongKPMG https://lnkd.in/gvwm3HYj

LG Chem reported a nearly 70% fall in consolidated operating profit in Q1 this year but expected better profitability on a recovery in battery materials demand. #LG_Energy_Solution #petrochemicals #advanced_materials #batteries #life_science #EV_damand https://lnkd.in/gQiYpYmC

Samsung says it will adjust its memory chip product mix to increase the output of advanced memory chips for servers such as HBM and high-end storage systems to meet AI chip demand.   삼성전자 Samsung Electronics America SK 하이닉스 SK hynix Inc. SK hynix America NVIDIA #DRAM #HBM #HBM3 #HBM3E #SamsungMach1 #AIchips #highbandwidthmemory #HBM3E12H #SSD   https://lnkd.in/eB_CPkuQ

S.Korea's factory activity waned in March, reversed from last month's gain, but retail sales recovered. #factory_output #industry_production #private_consumption #inflation #exports #facility_investment #economic_growth https://lnkd.in/gkkkf-hH