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[THE INVESTOR] Hyundai Heavy Industries said on March 12 that it has raised 1.23 trillion won (US$1.15 billion) in a rights issue. The new shares are set to be listed on the country’s main bours...
[THE INVESTOR] South Korea’s Ministry of Land, Infrastructure and Transport said on March 12 that it would revise the current law to strengthen entry criteria and management requirements to put the ...
[THE INVESTOR] POSCO Daewoo said on March 12 its operating profit in the first two months of this year came to 98.3 billion won (US$92.40 million). The company made the announcement in a regulat...
[THE INVESTOR] Daewoo Electronics, which recently changed its name from Dongbu Daewoo Electronics Corp., said on March 12 it showcased new products at a home appliances exhibition in Shanghai last w...
[THE INVESTOR] The heads of local steelmakers held emergency meetings with the government, expressing grave concerns over the impact of the US‘ decision to slap a 25 percent tariff on steel products...
[THE INVESTOR] SK Innovation said on March 9 that it recently held a ground breaking ceremony for a 40 billion-won (US$784 million) electric vehicle battery plant in Hungary as part of its expansion...
[THE INVESTOR] LG Innotek, a parts manufacturing subsidiary of LG Corp., announced on March 7 that the company has its eye on the global water treatment market, especially in China, with its ultravi...
[THE INVESTOR] Hite Jinro, Korea’s second-largest beer maker by sales, said on March 7 it has decided not to sell one of its beer factories to boost production efficiency. The brewery said it wi...
[THE INVESTOR] Samsung Engineering said on March 7 it has won a US$473 million order to build a power and water generation plant in the United Arab Emirates. The firm received the order from ADN...
[THE INVESTOR] Loan guarantees among affiliates of Korea’s top 30 business groups exceeded 60 trillion won (US$56 billion) in 2017, a market tracker said on March 7. The amount of debt payment g...
[THE INVESTOR] The number of new corporations set up in January rose 24.5 percent on-year to surpass the 10,000 mark for the first time amid steady overseas demand for local products, government dat...
[THE INVESTOR] In response to the state-run Korea Development Bank’s decision to sell the struggling Kumho Tire to Chinese tire maker Double Star, the labor union of Kumho Tire will stage a partial ...
[THE INVESTOR] Korea Development Bank, a state-run creditor bank of Kumho Tire, said on March 2 it will reattempt to sell the tire maker to China’s Qingdao Doublestar. The fate of Kumho Tire was...
[THE INVESTOR] Daewoo Shipbuilding & Marine Engineering said on March 2 that it has clinched a deal worth US$170 million to build two very large crude oil carriers. The shipbuilder said it is se...
[THE INVESTOR] Hyundai Merchant Marine said on Feb. 28 it will launch a regular service linking Asia to Northern Europe in early April. HMM said it opened a new Asia-Northern Europe loop in acco...
GM must stay in Korea for at least 10 years: KDB
Focus on root of all problems: Samsung’s Lee Jae-yong
LG set to acquire automotive light maker ZKW for W1.6tr
Mexican food chain On The Border looking for new owner
GM Korea union losing ground following due diligence
Past comes back to haunt Korean Air’s Cho family
I’m firing my kids: Korean Air’s Cho Yang-ho
Police raid Korean Air
April 24, 2018
