KOWEPO inks $302 mn financing deal for Oman solar project

KOWEPO inks $302 mn financing deal for Oman solar project

Korea Western Power Co. (KOWEPO) said on Thursday it signed a 400 billion won ($301.8 million) financing deal for a solar power generation project i...

Naver, PIF-backed JV join hands for Saudi Arabia’s smart cities

Naver, PIF-backed JV join hands for Saudi Arabia’s smart cities

South Korean online portal giant Naver Corp. is planning to accelerate Saudi Arabia’s digital transformation in partnership with a tech firm b...

Seoul to add new aerial lifts to Namsan by 2025

Seoul to add new aerial lifts to Namsan by 2025

Visitors to Seoul, the capital of South Korea, are expected to enjoy faster and easier exploration of the city’s famous Namsan Mountain in 202...

Korean banks enjoy robust earnings in Asian emerging markets

Korean banks enjoy robust earnings in Asian emerging markets

Four major banks in South Korea are enjoying healthy earnings from overseas businesses, particularly in Asian emerging markets.KEB Hana Bank posted ...

POSCO starts building industrial gas facilities in Pohang

POSCO starts building industrial gas facilities in Pohang

South Korea’s top steelmaker POSCO started to construct an industrial gas production facility with a capacity of 250,000 tons at its seconda...

Korean Daewoo E&C seeks biz amid Indonesia’s new capital plan

Korean Daewoo E&C seeks biz amid Indonesia’s new capital plan

South Korean Daewoo Engineering & Construction Co. is seeking business opportunities alongside Indonesia’s plan to relocate its capital as...

Seoul to build huge two-ring Ferris wheel for $700 mn

Seoul to build huge two-ring Ferris wheel for $700 mn

The Seoul Metropolitan Government on Sunday unveiled the design of a Ferris wheel, tentatively named Seoul Twin Eye, which it plans to complete by 2...

Flexibility unlocks opportunities: M&G Investments

Flexibility unlocks opportunities: M&G Investments

As central banks fight with post-COVID inflation, the repricing of global interest rates continues to add to global market volatility across both bo...

Korea's startup ecosystem lags behind peers in global investments

Korea's startup ecosystem lags behind peers in global investments

South Korea’s startup environment lags behind major countries in terms of global expansion and foreign investment attraction, a report from st...

Hanwha Ocean showcases Jangbogo-III submarine in Warsaw

Hanwha Ocean showcases Jangbogo-III submarine in Warsaw

South Korean shipbuilder Hanwha Ocean Co. held the Hanwha Ocean Day event in Warsaw, Poland, on November 29 for local media, to showcase its involve...

KHNP eyes Canada's nuclear energy project with ARC, NB Power

KHNP eyes Canada's nuclear energy project with ARC, NB Power

Korea Hydro and Nuclear Power Co. (KHNP) said on Wednesday it has signed a non-binding agreement with ARC Clean Technology Canada Inc. and New Bruns...

Supreme Court affirms Affinity, GIC's exit value on Kyobo Life

Supreme Court affirms Affinity, GIC's exit value on Kyobo Life

South Korea’s Supreme Court on Wednesday upheld the ruling that would allow the Affinity Equity Partners-led consortium, including Singapore&r...

KIC recoups 40% of 2022’s loss on stock, bond gains

KIC recoups 40% of 2022’s loss on stock, bond gains

Korea Investment Corp. (KIC) posted a 7.12% return on total asset investments in the first eight months of this year, recouping about 40% of last ye...

JW Holdings starts to export Winuf to Mongolia

JW Holdings starts to export Winuf to Mongolia

South Korea's JW Holdings corporation announced on Tuesday that it started to export the multi-nutritional liquid Winuf Central 736·1085ml to...

Samsung Biologics reaches record-breaking annual orders

Samsung Biologics reaches record-breaking annual orders

Samsung Biologics Co., the world’s top contract manufacturing organization (CMO) by capacity, surpassed the annual contract manufacturing orde...

L&F to invest $1.9 bn to build key battery materials plants

L&F to invest $1.9 bn to build key battery materials plants

DAEGU, South Korea – L&F Co., South Korea’s major cathode supplier seeking to transform into a comprehensive battery materials produ...

Korea to invest $200 mn in new drugs, vaccines by 2028

Korea to invest $200 mn in new drugs, vaccines by 2028

South Korea’s health ministry will allocate 261.6 billion won ($200.2 million) for two funds over the next four years to boost private sector ...

Daewoo E&C seeks energy infrastructure biz in Yemen

Daewoo E&C seeks energy infrastructure biz in Yemen

South Korea's Daewoo Engineering & Construction Co. announced on Friday that it signed a memorandum of understanding (MOU) with the Yemeni Minis...

Korean LCC T’way enjoys healthy earnings on preemptive investment

Korean LCC T’way enjoys healthy earnings on preemptive investment

South Korean budget airline T'way Air Co. reported strong earnings as it benefited from its preemptive move of introducing new aircraft to increase ...

HD Hyundai wins $72 mn power equipment order in Saudi

HD Hyundai wins $72 mn power equipment order in Saudi

HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hyundai Co., has won a...

Samsung Engineering designs Sarawak green hydrogen project in Malaysia

Samsung Engineering designs Sarawak green hydrogen project in Malaysia

Samsung Engineering Co., the construction and engineering unit of South Korea’s top conglomerate Samsung Group, said on Friday it has begun th...

Lotte Fine to invest $99 mn to up green materials sales by 6 times  

Lotte Fine to invest $99 mn to up green materials sales by 6 times  

Lotte Fine Chemical Co., South Korea’s largest ammonia producer, will spend a total of 129 billion won ($99 million) in an aim to become the w...

S.Korea to pour $26 bn in UK’s renewables, infrastructure

S.Korea to pour $26 bn in UK’s renewables, infrastructure

South Korea’s sovereign wealth fund, banks and other private sector companies plan to pour £21 billion ($26.3 billion) in renewables, in...

Compelling investment opportunity in US data center market: Principal

Compelling investment opportunity in US data center market: Principal

Current tenant demand for data centers has never been stronger and is growing at an unprecedented rate. Investors have started to take notice and ma...

Naver invests in AI operations automation startup

Naver invests in AI operations automation startup

Naver D2 Startup Factory (D2SF), a tech startup investment and support project, announced Thursday that it invested in a startup with AI operations ...

BP, Corio to invest $1.1 billion in S. Korea as Seoul-London ties deepen

BP, Corio to invest $1.1 billion in S. Korea as Seoul-London ties deepen

LONDON – British offshore wind power developer Corio Generation and energy giant BP Plc have agreed to invest a combined 1.5 trillion won ($1....

Hyundai to build EV battery pack plant in India by 2025

Hyundai to build EV battery pack plant in India by 2025

South Korea’s top automaker Hyundai Motor Co. is set to invest 7 billion rupees ($84 million) to build an electric vehicle battery pack assemb...

SK E&S partners with East Timor gov't on CCS project

SK E&S partners with East Timor gov't on CCS project

South Korea's SK E&S announced on Wednesday that it signed a mutual cooperation partnership (MCP) with the East Timor Ministry of Petroleum and ...

S.Korean aerospace firms to co-work for SLV

S.Korean aerospace firms to co-work for SLV

South Korea's aerospace companies will collaborate to secure launch vehicle technology for small satellites weighing less than 500kg.  The Sou...

ADNOC awards steel pipe order contracts to Korea’s SeAH

ADNOC awards steel pipe order contracts to Korea’s SeAH

South Korea’s SeAH Steel Holdings Corp. said on Tuesday it has signed a five-year contract to provide 200,000 tons of steel pipes to Abu Dhabi...

K-content goes culture: KPop Demon Hunters sparks K-goods craze POSCO supplies HIC-resistant steel for Aramco’s Fadhili gas plant Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead Google Maps, Blackpink fans’ must-have item for Deadline World Tour South Korea’s Lee completes cabinet lineup with IT executive, lawmaker