(Photo=mistoholdings) South Korean fashion companies are pursuing a dual-track strategy to offset sluggish domestic demand—expanding their presence in China while bolstering high-end imported brand offerings in the local market. According to industry sources on August 10, Misto Holdings and Kolon FnC are ramping up efforts in both directions to maintain brand identity while diversifying markets, aiming for both revenue growth

(Photo=Pixabay) South Korea’s K-Beauty industry, known for affordable yet high-quality cosmetics, is adjusting strategies after the U.S. imposed a 15% tariff on Korean cosmetics exports—lower than the initially proposed 25%, easing fears of a worst-case scenario. The tariff, part of the Trump administration’s reciprocal trade measures, took effect on August 7 following months of negotiations. Korean cosmetics had faced a

Photo=NEA The South Korean government will co-host a high-level conference with the Organisation for Economic Co-operation and Development (OECD) aimed at accelerating the construction of new nuclear power plants. The event comes as many countries abandon anti-nuclear policies and commit to nuclear expansion—a trend Seoul views as an opportunity to boost its nuclear exports. Analysts say the move underscores the

Photo=HMM HMM is moving forward with plans to order up to twelve 13,000-TEU container ships in a deal valued at about $1.2 billion. The order is part of the company’s previously announced fleet expansion strategy, with negotiations underway with three major South Korean shipbuilders According to TradeWinds and Portnews, HMM intends to build 13,000-TEU liquefied natural gas (LNG) dual-fuel container

(Photo=C2N) C2N Diagnostics, a diagnostics company specializing in blood tests for Alzheimer’s disease, is expanding its services to more than seven countries, backed in part by a $10 million investment from South Korea’s Samsung Group, a global conglomerate with businesses spanning electronics, construction, and biotechnology. The company announced on August 7 that it has partnered with six global healthcare providers: