SEOUL, Dec. 6 (Korea Bizwire) — South Korean gamemaker Krafton Inc. said Friday it will host a global esports competition for its smash-hit battle royale title, PUBG: Battlegrounds, set to kick off next week. The PUBG Global Championship (PGC) 2024 will take place in Kuala Lumpur, Malaysia, from Monday to Dec. 22, according to the [...]
SEOUL, Nov. 26 (Korea Bizwire) – In a significant push to expand its footprint in Southeast Asia, Hyundai Motor Company has announced a $479 million (approximately 673 billion won) investment in Malaysia. This strategic move aims to capitalize on the region’s burgeoning automotive market, with production beginning in mid-2024. Hyundai will collaborate with local partner Inokom [...]
SEOUL, Aug. 26 (Korea Bizwire) — Bhc chicken, South Korea’s largest chicken franchise by sales, opened its seventh outlet in Malaysia on Monday as part of its overseas expansion strategy. The seventh store is located at the Elmina Lakeside Mall near the Southeast Asian country’s capital city of Kuala Lumpur, the company said in a [...]
SEOUL, May 13 (Korea Bizwire) — The chief of the state arms procurement agency has held talks with Malaysia’s defense minister on ways to expand arms industry cooperation, his office said Monday, amid Seoul’s drive to clinch more defense deals with Southeast Asian countries. Seok Jong-gun, minister of the Defense Acquisition Program Administration (DAPA), met [...]
SEOUL, Aug. 11 (Korea Bizwire) — More energy companies, including South Korea’s Hanwha Corp. and the Netherlands-based Shell Gas & Power Developments B.V., have joined the consortium for a major carbon capture and storage (CCS) project in Malaysia, SK Innovation Co. said Friday. The state-run Korea National Oil Corp. and Air Liquide Korea, an affiliate [...]
SEOUL, May 15 (Korea Bizwire) — South Korea is poised to make its first overseas export of halal-certified Korean beef, known as “hanwoo.” The Ministry of Agriculture, Food and Rural Affairs said Sunday it recently organized an event in Kuala Lumpur to celebrate the inaugural contract between a domestic exporter and a Malaysian importer. To [...]
SEOUL, March 29 (Korea Bizwire) — The South Korean Air Force’s Black Eagles aerobatic team plans to participate in a biennial air show in Malaysia in May, the armed service said Wednesday. The team will join the Langkawi International Maritime and Aerospace Exhibition (LIMA) slated to take place at the Langkawi International Airport from May [...]
SEOUL, Feb. 24 (Korea Bizwire) — Korea Aerospace Industries, Ltd. (KAI), South Korea’s sole aircraft manufacturer, said Friday it has won a 1.2 trillion-won (US$920 million) aircraft deal from Malaysia, with the delivery set to begin in 2026. KAI signed the deal with the Malaysian defense ministry to export 18 FA-50 light attack aircraft, beating [...]
SEOUL, Nov. 16 (Korea Bizwire) — Hyundai Glovis Co. said Wednesday it has signed a preliminary deal with Malaysia’s retail-to-steel conglomerate Lion Group to partner up for smart logistics solutions in the Southeast Asian market. Under the memorandum of understanding, Hyundai Glovis’ advanced logistics management system will be introduced to Lion Group’s key business units, [...]
SEOUL, Sept. 20 (Korea Bizwire) — South Korea’s second-largest chicken franchise by sales, bhc Group, said Tuesday it will open its third store in Malaysia next month as part of its strategy to expand into Southeast Asia. The new restaurant, which is set to open in a shopping complex located inside the capital of Kuala [...]