South Korea’s NPS Withholds Vote on Korea Zinc Chairman Choi’s Board Reappointment The National Pension Service, seen as a swing voter in Korea Zinc’s management-control dispute, has decided not to exercise its voting rights on a proposal to reappoint Chairman Choi Yun-beom as an inside director. The NPS fund’s Stewardship Responsibility Committee said on the 20th it made the decision at its fifth meeting the previous day, ahead of Korea Zinc’s shareholders meeting on the 24th. The committee decided not to vote on the company-backed director nominees Choi Yun-beom, Hwan March 20, 2026

Hyundai Xcient Hydrogen Trucks to Join Uruguay Green Logistics Project Hyundai Motor Co.’s Xcient hydrogen fuel cell truck will be used in a green logistics project in Uruguay. Hyundai said it recently supplied eight Xcient hydrogen fuel cell trucks in Uruguay for the “Kairos Project.” Set to begin full operations in the second half of 2026, the private-sector partnership aims to cut carbon emissions from timber logistics. The project is being carried out in Uruguay by the Kairos consortium. The plan centers on introducing hydrogen trucks into transport a March 20, 2026

Netflix to Livestream BTS ‘Comeback Live: Arirang’ From Seoul’s Gwanghwamun Square Ticket demand for “BTS Comeback Live: Arirang (ARIRANG),” set for March 21 at Seoul’s Gwanghwamun Square, has been intense. The venue’s 22,000 seats sold out immediately, and the ticketing site’s virtual queue topped 100,000 people. Because it is a free outdoor show, some forecasts say as many as 260,000 people could gather on site. Fans who cannot attend in person will still be able to watch live. Netflix said it will stream the Gwanghwamun performance in real time to more than 190 coun March 20, 2026

Geely’s Zeekr Targets South Korea Launch in Q3 With 7X Premium Electric SUV Geely Automobile’s premium electric-vehicle brand Zeekr is preparing to enter South Korea in the third quarter, led by the midsize electric SUV 7X. The model has already drawn attention among Korean consumers, who have dubbed it the “Porsche of the continent.” Zeekr is betting on a “premium masstige” approach — offering high-end specifications at roughly half the price of comparable vehicles — to shake up Korea’s upscale EV market. Industry officials said on the 19th that March 20, 2026

South Korea’s KF-21 Fighter Jet Set for First Export to Indonesia South Korea’s homegrown Boramae (KF-21) fighter jet, slated to enter mass production this year, is set for its first export — to Indonesia, a co-developer of the program. Government and defense industry officials said Thursday that an export agreement for Indonesia to acquire 16 KF-21s is expected to be signed during Indonesian President Prabowo Subianto’s state visit to South Korea planned for later this month, at Korea Aerospace Industries (KAI). Officials said the two sides are expe March 19, 2026

Porsche to Expand EV Push in South Korea With Cayenne Electric, Korean Battery Cells Porsche, the sports-car maker, is strengthening its electrified lineup in South Korea, led by the Cayenne Electric, which is set for an official local launch in the second half of this year. The company also plans to increase EV investment in the market. Starting this year, Porsche’s all-electric models sold in South Korea will use Korean battery cells, a move aimed at reinforcing its lead in the premium EV segment priced above 100 million won. Matthias Busse, CEO of Porsche Korea, announc March 19, 2026

Hanwha Ocean, Hyosung Heavy Industries and Iljin Electric tout North America demand at annual meetings Hanwha Ocean, Hyosung Heavy Industries and Iljin Electric held annual shareholders meetings on March 19, outlining growth plans centered on North America and signaling expectations for more orders. Some agenda items were voted down, however, as the National Pension Service opposed proposals at several meetings, highlighting governance as a variable. Hanwha Ocean held its 26th annual meeting at Geoje Ocean Plaza and approved the reappointment of CEO Kim Hee-cheol as an inside director. Kim March 19, 2026

Hyundai Struggles in China as Chinese Automakers Step Up Push Into South Korea Hyundai Motor Co. is again struggling to gain traction in China, with local sales slipping and the company leaning more heavily on exports from its China operations. Chinese automakers, meanwhile, are accelerating efforts to expand sales in South Korea by rolling out new models. According to industry data released Thursday, Beijing Hyundai Motor Co. (BHMC), Hyundai’s China unit, sold 16,535 vehicles in China’s domestic market in January and February, down about 500 from 17,021 a year ea March 19, 2026

Hanwha Ocean to Inject 164.5 Billion Won Into U.S. Subsidiary via Rights Offering Hanwha Ocean is expanding overseas investment by injecting new capital into its U.S. subsidiary. The company said Thursday that its subsidiary Hanwha Ocean USA Holdings decided on a paid-in capital increase worth about 164.5 billion won to secure funds for investment, according to a regulatory filing. The offering will be conducted as a rights issue. Hanwha Ocean, which owns 100% of the unit, will subscribe to all newly issued shares, meaning the parent will provide the funds directly w March 19, 2026

HMM Office Workers Union Calls Busan Headquarters Move Rushed, Plans Rally Near Blue House HMM’s office workers union has continued rallies outside the company’s Yeouido headquarters, reiterating opposition to a planned relocation of the headquarters to Busan. The HMM branch of the National Office and Financial Services Union said it held a second rally March 16, following an all-member rally March 11, calling for a halt to what it described as a rushed move and for guarantees of autonomous management at a private company. According to the industry on March 19, the union’s stat March 19, 2026