Hyundai Motor, PIF to invest $500 mn to build car plant in Saudi Arabia

RIYADH – Hyundai Motor Co. has agreed with the Public Investment Fund, Saudi Arabia’s sovereign fund, to set up a joint venture to build...

Hanwha sees higher odds of winning Poland submarine deal

South Korea’s Hanwha Ocean Co. appears to be a step closer to winning a 3.2 trillion won ($2.4 billion) Polish order for submarines, after a s...

Doosan seeks to fuel Indonesia power plants with green ammonia

Doosan Enerbility Co., a South Korea construction equipment manufacturer, said on Friday it has signed a memorandum of understanding (MOU) with Indo...

Samsung releases Frame Disney 100th anniversary edition

Samsung Electronics Co. announced on Thursday that it will unveil the lifestyle TV "The Frame Disney 100th Anniversary Edition." This edition, comme...

Nongshim’s Baeksansu, Disney to collaborate character products

South Korea's instant noodle giant Nongshim Co. announced on Friday that it will release a collaborative product featuring Disney character images o...

S.Korea gov’t hosts sales event for domestic, US SMEs

South Korean small- and medium-sized enterprises (SMEs) expanded their exchange and cooperation with US firms during President Yoon Suk yeol's state...

KT Group signs MOUs with Mongolian firms to explore joint opportunities

South Korea's KT Group has signed multiple memorandums of understanding (MOUs) with the Mongolian government and economic delegation to explore pote...

South Korean companies ink $6.1 billion MOUs with UAE partners

ABU DHABI – Business leaders from South Korea and the United Arab Emirates (UAE) have signed 24 initial agreements worth at least $6.1 billion...