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South Korean steel firm Posco said on Dec. 1 that it would offer incentives to socially responsible firms from Monday as part of its own efforts to contribute to society. Socially responsible firms...
GS Energy, a unit of energy and retail conglomerate GS Group, said Nov. 28 it has partnered with a Vietnamese asset management firm to build a power plant fired by liquefied natural gas there to tap ...
Large South Korean companies’ ability to service their debts worsened sharply in the first nine months of this year due to plunging profits, a corporate tracker said Nov. 27. The interest coverag...
BUSAN -- Some 75 trade agencies from 10 Southeast Asian countries gathered at the ASEAN-ROK Business Expo for a two-day investment seminar as part of the commemorative summit held in Busan, the Korea...
The number of newly established firms in South Korea fell nearly 7 percent in the first nine months of the year on a one-off factor, data showed Nov. 25. A total of 945,322 new businesses were se...
Air New Zealand on Nov. 25 began flight services to South Korea to absorb growing travel demand from Asia’s fourth-biggest economy. On Nov. 23 (local time), Air New Zealand flight NZ75 departed A...
Samsung Heavy Industries, the world’s second-biggest shipbuilder by orders, said Nov. 25 it has received a $1.5 billion LNG carrier order. Under the deal with an unidentified client in the Eurasi...
After a brutal downturn this year, South Korea’s memory chip industry is expected to start recovering in 2020, led by growth in demand for 5G-enabled devices and the resumption of investments in data...
SK Energy said Nov. 20 its solar power facilities will begin commercial operations in the upcoming months as the company further expands its presence in the environment-friendly energy market. Th...
Korean Air flight KE 905 collided with another plane on the taxiway in Frankfurt, Germany, on Saturday, delaying the subsequent flight bound for Incheon, the air carrier said Sunday. The incident i...
Doosan Bobcat Inc., a construction equipment unit of Doosan Group, said Sunday it has set up a global center in the US for business cooperation across the globe. The Global Cooperation Center built ...
A consortium led by cosmetics-to-airline conglomerate Aekyung Group and two other consortia have submitted final bids for Asiana Airlines, industry sources said Nov. 7. The Aekyung-Stone Bridge C...
Major telecom operator KT and leading shipbuilding conglomerate Hyundai Heavy Industries said Nov. 7 they will step up collaboration to develop advanced smart factory solutions based on the 5G networ...
LG Chem on Nov.7 opened its new petrochemical tech center to boost its competitiveness in the sector. The company said its petrochemical tech center in Osan, some 50 kilometers south of Seoul, ha...
Hanjin Heavy Industries & Construction said Nov. 6 it has won a 70-billion-won ($60 million) order to build the country’s first multipurpose very large oil spill response vessel. Under the deal w...
[From the Scene] Galaxy S20, Z Flip attract aspiring tech leaders in Silicon Valley
FTC to report Naver chairman to prosecutors for violating antitrust laws
Woori Bank merges two Cambodian subsidiaries
LG Chem gets default win in US ITC suit after SK Innovation’s contempt of court
Why investor Jim Rogers remains optimistic about inter-Korean business
Experts propose senior playgrounds
Coway rebrands under Netmarble
Hanjin KAL decides to give board of directors right to pick chairman
February 17, 2020
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