Nepal decides to ban TikTok
The decision come within days after the government introducing a new rule requiring social media platforms operating in Nepal to set up offices in the country.
Corporate Buzz
Samyang aims to lead future K-food culture
Over the past decade, its flagship Buldak Ramen has established itself as a leading Korean brand, gaining footholds in a total of 95 countries.
AI in your pocket: Samsung Galaxy S to feature real-time phone call translator
The new real-time call translation function would work as a “personal translator,” and will be integrated into the device’s call feature.
New Thai owner of Miss Universe files for bankruptcy
JKN Global Group filed for bankruptcy despite reporting higher assets than debts during the first six months of this year.
Samsung Electronics unveils own generative AI, Samsung Gauss
The world’s largest smartphone maker by shipments also hinted that the new AI chatbot will power its upcoming Galaxy smartphone, possibly the Galaxy S24 in 2024.
Daewoong aims to reshape obesity market with patch-type treatment
Daewoong Pharmaceutical’s new obesity treatment will contain a synthetic peptide semaglutide, similar to a hormone produced in the gut released in response to food to reduce…
Korean Air-Asiana merger may gain traction, yet challenges linger
Industry watchers, however, say uncertainty remains about the high-profile 1.8 trillion won ($1.3 billion) deal that also awaits approval from Japan and the US.
Tata group to make iPhones in India for domestic, global markets
Tata Group has taken over the operations of Taiwain-based electronics giant Wistron marking a significant shift of global manufacturing from China to India.
Daewoong eyes 1 trillion won in new drug sales by 2030
Kim's announcement came as Daewoong Pharmaceutical recently secured the bGMP certification from Brazil's National Health Surveillance Agency for its gastroesophageal reflux…
Celltrion chief calls merger crucial to beat bigger rivals
Biopharma Celltrion founder and chairman Seo Jung-jin said the merger will also contribute to helping Korean biopharmaceutical and health care industries become the backbone of…