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South Korean builder Daewoo Engineering & Construction said Monday that Chairman Jung Won-ju recently visited Turkmenistan to attend CIET2024, an annual event focusing on the country’s construction, industrial and energy sectors. During the event, which took place in the capital Ashgabat from Nov. 3 to Nov. 5, Jung met with key officials to discuss Daewoo’s plans for local business growth, building on the company’s recent win of a mineral fertilizer plant project in Turkme
While Korea Zinc has secured the support of US private equity giant Bain Capital amid a battle for management control of the company, market watchers suggest its backing could eventually cost the troubled zinc smelter a hefty amount. To thwart the takeover attempt from the MBK Partners-Young Poong alliance, the current management of Korea Zinc has teamed up with Bain Capital, a big-name investment company with over $185 billion (250 trillion won) in assets under management. Under Chairman Choi
Posco Group Chairman Chang In-hwa underscored the urgent need for a "future-oriented strategy," during his address to executives at the 2024 Posco Forum, which took place at the Posco Global R&D Center in Songdo-dong, Incheon on Tuesday. Now in its sixth year, the theme of this year’s forum is "Navigating Crisis, Innovating for Future." Some 100 executives from the group's affiliated companies will convene for two days to gain insights from external experts and dis
The Export-Import Bank of Korea stressed the need for companies to comply with environmental, social and governance, or ESG, regulations when expanding overseas through a seminar held Thursday. The seminar was held to share the latest trends in ESG regulations and discuss Korean companies’ response to disruptions in the global supply chain, the policy lender explained. It was held in partnership with international consultancy firm Environmental Resources Management Korea and leading loca
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Hanjin sets sales record for 2024
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US overnight stockbroker Blue Ocean opens office in Seoul
Eximbank to offer W200b loan support for supply chain firms
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