KSOE bags $1.4 billion ship orders in first 2022 deals

Korea Shipbuilding & Offshore Engineering Co. (KSOE), Hyundai Heavy Industries Group’s intermediate holding company, has kicked off 2022 w...
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Korea Shipbuilding & Offshore Engineering Co. (KSOE), Hyundai Heavy Industries Group’s intermediate holding company, has kicked off 2022 w...
South Korea is set to participate in Egypt’s first nuclear power plant project built by Russia as a state-run Korea Hydro & Nuclear Power ...
South Korean refiner Hyundai Oilbank Co. plans to build an eco-friendly power plant fueled with liquefied natural gas (LNG) and blue hydrogen to mee...
Environmental, social and governance (ESG) requirements are expected to drive high-performance chip demand higher, in particular from data center op...
South Korea’s DL Energy is set to expand its power plant business in the US.DL Energy, formerly known as Daelim Energy, said on Dec. 17 that i...
Come next year, attending meetings as a hologram version of yourself is set to become more common.Metaverse startup DoubleMe plans to commercialize ...
South Korea is planning to build solar photovoltaic power plants in Chile, investing $130 million, in a move to help local companies expand their re...
Doosan Heavy Industries & Construction Co., South Korean conglomerate Doosan Group’s subsidiary, agreed to raise 1.5 trillion won ($1.3 ...
South Korea's Doosan Group on Friday inked an agreement to sell a majority stake in Doosan Engineering & Construction Co. (Doosan E&C) to a ...
SK Ecoplant Co., the construction unit of South Korea’s SK Group, is slated to enter the offshore wind power business by acquiring a local win...
South Korea's Doosan Group is near finalizing a deal to sell Doosan Engineering & Construction Co. (Doosan E&C) to a consortium led by Seoul...
State-run utility Korea Electric Power Corp. (KEPCO) and its six subsidiaries declared an aim to cease coal power generation by 2050 in a bid to pla...
A former top prosecutor, nominated as the South Korean main opposition party's presidential candidate last Friday, has widened his lead over the rul...
MBK Partners' first female partner Lee In-kyung has made it to the list of Forbes Asia's 20 power businesswomen published in its November issue. For...
Global automakers and battery producers are accelerating the development of a next-generation electric vehicle battery, called an all-solid-state ba...
A plug-in hybrid electric vehicle (PHEV) was once touted as the next-generation automobile technology as such models carry the strengths of both a c...
South Korea plans to require domestic power companies to consume more renewable energy resources for electricity production. The move is a part of t...
South Korea-based heavy machinery and construction equipment maker Hyundai Doosan Infracore Co. has secured orders for 62 excavators in the Philippi...
SK Group’s city gas supplier SK E&S Co. said on Oct. 6 that it has officially kicked off the joint venture (JV) with the American hydrogen...
Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...
KT Corp. and Samsung Group’s medical facility Samsung Medical Center (SMC) have made another step forward in creating a next-generation hospit...
Hanwha, the South Korean chemicals-to-financial conglomerate, has been a key player in the M&A market with a series of acquisitions in recent ye...
South Korea’s oldest electric wire maker Taihan Cable & Solution Co., formerly known as Taihan Electric Wire Co. until under IMM PE’...
Korea Gas Corp. (KOGAS) and Hanwha Energy Corp.-led group was set to build a $4.8 billion liquefied natural gas (LNG) power plant in Vietnam that is...
In September 2020, Krafton Inc.’s blockbuster game PlayerUnknown’s Battlegrounds (PUBG) hit a major roadblock. India prohibited Chinese ...
Korea Shipbuilding & Offshore Engineering Co. (KSOE) said on Tuesday it has won a 1.65 trillion won ($1.42 billion) order to build eight methano...
MBK Partners, a North Asia-focused private equity firm, agreed to sell South Korean Doosan Machine Tools at $2.1 billion to the country’s DTR ...
Doosan Infracore Co., a leading South Korean heavy machinery and construction equipment maker, secured more orders in the Middle East where rising c...
South Korea’s LG Chem Ltd. says it is powering its two battery component plants in China with 100% renewable energy purchased from Chinese p...
South Korea’s attempt to prohibit global app store operators from forcing certain in-app payment schemes has hit a bumpy road due to power pla...
KSOE bags $1.4 billion ship orders in first 2022 deals
Korea Shipbuilding & Offshore Engineering Co. (KSOE), Hyundai Heavy Industries Group’s intermediate holding company, has kicked off 2022 w...
Jan 04, 2022 (Gmt+09:00)
Korea to join Egypt’s 1st nuclear power plant project
South Korea is set to participate in Egypt’s first nuclear power plant project built by Russia as a state-run Korea Hydro & Nuclear Power ...
Jan 03, 2022 (Gmt+09:00)
Hyundai Oilbank to build LNG-hydrogen power plant for $335 mn
South Korean refiner Hyundai Oilbank Co. plans to build an eco-friendly power plant fueled with liquefied natural gas (LNG) and blue hydrogen to mee...
Dec 22, 2021 (Gmt+09:00)
Energy-saving chips emerge as new battleground
Environmental, social and governance (ESG) requirements are expected to drive high-performance chip demand higher, in particular from data center op...
Dec 20, 2021 (Gmt+09:00)
Korea’s DL Energy to expand US power plant business
South Korea’s DL Energy is set to expand its power plant business in the US.DL Energy, formerly known as Daelim Energy, said on Dec. 17 that i...
Dec 17, 2021 (Gmt+09:00)
VR meetings with holograms, powered by metaverse startup DoubleMe
Come next year, attending meetings as a hologram version of yourself is set to become more common.Metaverse startup DoubleMe plans to commercialize ...
Dec 07, 2021 (Gmt+09:00)
S.Korea to build solar power plants in Chile for $130 mn
South Korea is planning to build solar photovoltaic power plants in Chile, investing $130 million, in a move to help local companies expand their re...
Nov 29, 2021 (Gmt+09:00)
Doosan aims to raise $1.3 bn in rights offering
Doosan Heavy Industries & Construction Co., South Korean conglomerate Doosan Group’s subsidiary, agreed to raise 1.5 trillion won ($1.3 ...
Nov 28, 2021 (Gmt+09:00)
Doosan sells E&C, closer to exiting self-rescue program
South Korea's Doosan Group on Friday inked an agreement to sell a majority stake in Doosan Engineering & Construction Co. (Doosan E&C) to a ...
Nov 19, 2021 (Gmt+09:00)
SK Ecoplant to start offshore wind power business
SK Ecoplant Co., the construction unit of South Korea’s SK Group, is slated to enter the offshore wind power business by acquiring a local win...
Nov 17, 2021 (Gmt+09:00)
Doosan near completing self-rescue plan with E&C sale
South Korea's Doosan Group is near finalizing a deal to sell Doosan Engineering & Construction Co. (Doosan E&C) to a consortium led by Seoul...
Nov 12, 2021 (Gmt+09:00)
Korea’s state electric companies to cease coal power generation by 2050
State-run utility Korea Electric Power Corp. (KEPCO) and its six subsidiaries declared an aim to cease coal power generation by 2050 in a bid to pla...
Nov 11, 2021 (Gmt+09:00)
Main opposition leads ruling party in poll ahead of 2022 election
A former top prosecutor, nominated as the South Korean main opposition party's presidential candidate last Friday, has widened his lead over the rul...
Nov 09, 2021 (Gmt+09:00)
MBK's Lee listed among Forbes' power Asia businesswomen
MBK Partners' first female partner Lee In-kyung has made it to the list of Forbes Asia's 20 power businesswomen published in its November issue. For...
Nov 04, 2021 (Gmt+09:00)
Race heats up in solid-state battery development
Global automakers and battery producers are accelerating the development of a next-generation electric vehicle battery, called an all-solid-state ba...
Oct 28, 2021 (Gmt+09:00)
Plug-in hybrids a dying breed as carmakers favor battery EVs
A plug-in hybrid electric vehicle (PHEV) was once touted as the next-generation automobile technology as such models carry the strengths of both a c...
Oct 14, 2021 (Gmt+09:00)
Korea to require power plants to use more renewable energy resources
South Korea plans to require domestic power companies to consume more renewable energy resources for electricity production. The move is a part of t...
Oct 07, 2021 (Gmt+09:00)
Hyundai Doosan Infracore wins orders for 62 excavators in Philippines
South Korea-based heavy machinery and construction equipment maker Hyundai Doosan Infracore Co. has secured orders for 62 excavators in the Philippi...
Oct 07, 2021 (Gmt+09:00)
SK, Plug Power launch JV to grab Asia’s hydrogen fuel cell market
SK Group’s city gas supplier SK E&S Co. said on Oct. 6 that it has officially kicked off the joint venture (JV) with the American hydrogen...
Oct 06, 2021 (Gmt+09:00)
China power crisis, US tightening chill sentiment on Korea IT sector
Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...
Sep 30, 2021 (Gmt+09:00)
KT, Samsung Medical Center extend ties in building robot-driven hospitals
KT Corp. and Samsung Group’s medical facility Samsung Medical Center (SMC) have made another step forward in creating a next-generation hospit...
Sep 16, 2021 (Gmt+09:00)
Hanwha seeks more M&A targets: Group’s heir apparent
Hanwha, the South Korean chemicals-to-financial conglomerate, has been a key player in the M&A market with a series of acquisitions in recent ye...
Sep 10, 2021 (Gmt+09:00)
Taihan Cable lands $36 mn US infrastructure deal ahead of LA Olympics
South Korea’s oldest electric wire maker Taihan Cable & Solution Co., formerly known as Taihan Electric Wire Co. until under IMM PE’...
Sep 09, 2021 (Gmt+09:00)
KOGAS, Hanwha-led group to build Vietnam LNG power plant
Korea Gas Corp. (KOGAS) and Hanwha Energy Corp.-led group was set to build a $4.8 billion liquefied natural gas (LNG) power plant in Vietnam that is...
Sep 06, 2021 (Gmt+09:00)
Father of Krafton's PUBG eyes the expansion of games
In September 2020, Krafton Inc.’s blockbuster game PlayerUnknown’s Battlegrounds (PUBG) hit a major roadblock. India prohibited Chinese ...
Aug 24, 2021 (Gmt+09:00)
KSOE in $1.4 billion deal to build 8 methanol-powered ships for Maersk
Korea Shipbuilding & Offshore Engineering Co. (KSOE) said on Tuesday it has won a 1.65 trillion won ($1.42 billion) order to build eight methano...
Aug 24, 2021 (Gmt+09:00)
MBK Partners to sell Doosan Machine Tools for $2.1 bn
MBK Partners, a North Asia-focused private equity firm, agreed to sell South Korean Doosan Machine Tools at $2.1 billion to the country’s DTR ...
Aug 13, 2021 (Gmt+09:00)
Doosan Infracore expands Middle East market share with more orders
Doosan Infracore Co., a leading South Korean heavy machinery and construction equipment maker, secured more orders in the Middle East where rising c...
Aug 12, 2021 (Gmt+09:00)
LG Chem to power China battery plants with 100% renewable energy
South Korea’s LG Chem Ltd. says it is powering its two battery component plants in China with 100% renewable energy purchased from Chinese p...
Aug 10, 2021 (Gmt+09:00)
Google’s in-app billing system ignites power play among Korean regulators
South Korea’s attempt to prohibit global app store operators from forcing certain in-app payment schemes has hit a bumpy road due to power pla...
Aug 09, 2021 (Gmt+09:00)