fuels with eco-friendly energy sources
Scope
Date
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Shipping & Shipbuilding
HD Hyundai, ABS to set standards for e-propulsion ships
South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) and HD Hyundai Heavy Industries Co., partnered with the American Bureau...
May 03, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE wins $286mn order for four MGCs
South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) announced on Thursday that it signed a contract w...
May 03, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to produce hybrid cars at EV-only plant in US state of Georgia
Hyundai Motor Co., South Korea’s top automaker, plans to manufacture hybrid models at its electric vehicle and battery plant in the US state o...
Apr 25, 2024 (Gmt+09:00)
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Regulations
LG Energy vows to get tough on battery patent infringement cases
LG Energy Solution Ltd., the world’s second-largest battery maker in terms of sales after China’s CATL, said on Wednesday it will take s...
Apr 24, 2024 (Gmt+09:00)
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Electronics
Samsung wins multi-year built-in kitchen suite orders from Clayton
Samsung Electronics Co. is upping the ante to widen the lead in the US home appliance market with a long-term contract to provide its hyper-connecte...
Apr 23, 2024 (Gmt+09:00)
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Construction
HD Hyundai Infracore to participate in INTERMAT 2024
South Korea's HD Hyundai Infracore Co. announced on Monday that it will participate in INTERMAT 2024 which will be held from April 24 to 27 at Parc ...
Apr 22, 2024 (Gmt+09:00)
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Corporate bonds
Brokerage firms' bonds draw investors amid rate cut hopes
South Korean brokerage firms are ramping up sales of long-term bonds to refinance their loans by repaying short-term debts in hopes of a rate cut by...
Apr 16, 2024 (Gmt+09:00)
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Energy
Growing controversy over call to share profits for using wind energy
Renewable energy companies in South Korea are facing growing pressure to share their profits from wind or solar energy electricity generation, stirr...
Apr 16, 2024 (Gmt+09:00)
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Artificial intelligence
Kakao joins open-source community AI Alliance
Kakao Corp. announced on Friday that it joined the global open-source community The AI Alliance to support AI research and development.Established i...
Apr 12, 2024 (Gmt+09:00)
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Carbon neutrality
Modetour, Air France-KLM strengthen SAF partnership
South Korea's travel agency Modetour Network Inc. announced on Thursday that it has extended its partnership with Air France-KLM to promote the use ...
Apr 11, 2024 (Gmt+09:00)
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Automobiles
RVs, SUVs sweep top 4 spots in South Korea’s first-quarter auto sales
Recreational vehicles (RVs) and sport utility vehicles (SUVs) achieved an unprecedented feat by claiming the top four spots on the list of best-sell...
Apr 10, 2024 (Gmt+09:00)
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Automobiles
HD Hyundai Oilbank continues to fuel Superrace Championship
South Korea's HD Hyundai Oilbank announced on Monday that it will continue to exclusively supply fuel for the "2024 O-NE Superrace Championship," So...
Apr 09, 2024 (Gmt+09:00)
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ECM/DCM
LG Electronics seeks to sell global bonds, 1st time in 12 yrs
LG Electronics Inc. is seeking to issue dollar-denominated bonds, its first global bond sale in 12 years, according to people with knowledge of the ...
Apr 08, 2024 (Gmt+09:00)
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Airlines
Jeju Air, MBK Partners in talks to buy Asiana’s cargo unit
South Korea’s top budget carrier Jeju Air Co. is in talks with North Asia-focused private equity firm MBK Partners to acquire Asiana Airlines ...
Apr 05, 2024 (Gmt+09:00)
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Electric vehicles
Kia to boost hybrid lineup to lead eco-friendly car market
Kia Corp., South Korea’s second-largest automaker, plans to strengthen its hybrid lineup and launch cheaper electric vehicles to lead the glob...
Apr 05, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM, SIPG to cooperate on eco-friendly fuel
South Korea’s major ocean carrier HMM Co. announced on Wednesday that it signed a Shanghai Port Clean Marine Fuel memorandum of understanding ...
Apr 03, 2024 (Gmt+09:00)
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Bio & Pharma
KKR, Hanmi heirs likely to join hands for controlling stake
The two sons of Hanmi Pharmaceutical Group’s founding family, who were approved as board members of the holding firm Hanmi Science Co. at its ...
Apr 02, 2024 (Gmt+09:00)
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Batteries
LG Energy, GM’s 2nd Ultium Cells plant begins production in Tennessee
LG Energy Solution Ltd., the world’s second-largest battery maker, said on Tuesday that the second plant of Ultium Cells LLC, a joint venture ...
Apr 02, 2024 (Gmt+09:00)
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Chemical Industry
SK Geo Centric, Youlchon Chemical to develop recyclable plastic
South Korea's SK Geo Centric Co. and Youlchon Chemical Co. announced on Sunday that they signed a memorandum of understanding (MOU) to co-develop re...
Apr 01, 2024 (Gmt+09:00)
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Travel & Leisure
Kangwon Land aims to revive casino business with $1.9 billion in spending
Kangwon Land Inc., the operator of South Korea’s only casino open to locals, has long been struggling with declining visitors.Located in a rem...
Mar 29, 2024 (Gmt+09:00)
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Electronics
Samsung, Henckels co-develop AI Combo detergent course
Samsung Electronics Co. announced on Wednesday that it partnered with the global household and industrial goods company Henckels AG to introduce a d...
Mar 27, 2024 (Gmt+09:00)
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ESG
LG Electronics named Energy Star Partner of 2024
LG Electronics Inc. has been named 2024 Energy Star Partner of the Year and Sustained Excellence by the US Environmental Protection Agency (EPA) a...
Mar 27, 2024 (Gmt+09:00)
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Artificial intelligence
Wrtn opens free AI search service
South Korea's advanced tech startup Wrtn Technologies, a major player in generative artificial intelligence (AI), opened its free and unlimited AI s...
Mar 26, 2024 (Gmt+09:00)
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Carbon neutrality
Korea’s POSCO Int’l to work on CCUS, hydrogen businesses
POSCO International Corp., the general trading and resources exploration subsidiary of South Korea’s steel giant POSCO Holdings Inc., aims to ...
Mar 25, 2024 (Gmt+09:00)
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Batteries
Korea’s EcoPro invests $11 mn in Indonesian nickel smelter
South Korea’s leading electric vehicle battery materials producer EcoPro Group is expanding its investment in Indonesia for stable procurement...
Mar 25, 2024 (Gmt+09:00)
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Energy
SK Ecoplant, Vietnam’s BCGE tie up for 700 MW wind, solar projects
SK Ecoplant Co., a South Korean construction engineering and waste management company, said on Friday it has agreed with BCG Energy (BCGE), a wholly...
Mar 22, 2024 (Gmt+09:00)
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Energy
KOWEPO, France EDF to collaborate for UAE solar projects
Korea Western Power Co. (KOWEPO) announced on Friday that it has signed a United Arab Emirates (UAE) Khazna 1.5 GW Solar Project Bid Joint Developme...
Mar 22, 2024 (Gmt+09:00)
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Korea business lobby group eyes tax reform in new parliament
The Korea Enterprises Federation will reinforce efforts to win lawmakers’ nod to its long-desired campaign to slash corporate taxes and inheri...
Mar 18, 2024 (Gmt+09:00)
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Energy
Hyundai E&C, Glennmont D&D sign renewable energy PPA
Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Tuesday that it signed a power purchase agreement (PPA) for solar renewabl...
Mar 12, 2024 (Gmt+09:00)
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Investment banking
Goldman Sachs Korea co-head Chung to move to Hyundai Capital
Goldman Sachs’ Chung Hyung-Jin, co-head of the Seoul office and the leader of the firm’s investment banking (IB) business in South Korea...
Mar 11, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet