overseas construction projects
Scope
Date
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Hydrogen economy
Samsung C&T ties up with Korean firms for hydrogen biz
Samsung C&T Corp., the construction and trading arm of Samsung Group, has joined forces for the clean hydrogen businesses with South Korean comp...
Sep 05, 2022 (Gmt+09:00)
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Corporate investment
Lotte to invest $900 mn in Vietnam smart city project
Lotte Group, South Korea’s fifth-largest conglomerate, is set to invest $900 million in Vietnam to establish a smart city as it aims to accele...
Sep 05, 2022 (Gmt+09:00)
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Korean startups
Business magnates' startup investment fraternity V-Society going strong
Back in August 2000, a fraternity of domestic business magnates’ children and startup entrepreneurs named V-Society was founded. The frat...
Sep 01, 2022 (Gmt+09:00)
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Construction & Planning
Korea's Hyundai E&C to build smart green city in Vietnam
Hyundai Engineering & Construction Co. is poised to become the first South Korean company to join Vietnam’s green smart city development p...
Aug 31, 2022 (Gmt+09:00)
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Electric vehicles
LG Energy, Honda to form JV for EV battery production in the US
LG Energy Solution Ltd. announced on Monday that it reached an agreement with Honda Motor Co. to establish a joint venture company to produce lithiu...
Aug 29, 2022 (Gmt+09:00)
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Cloud computing
Samsung SDS to collaborate with NIST in post-quantum cryptography
Samsung SDS Co. announced on Thursday it will participate in the Migration to Post-Quantum Cryptography (PQC) project hosted by the National Cyberse...
Aug 25, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s Chung rolls up sleeves to counter US EV tax credit act
Hyundai Motor Group Chairman Chung Euisun is off to the US to meet government officials and business leaders as the recently passed Inflation Reduct...
Aug 25, 2022 (Gmt+09:00)
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Energy
Samsung C&T to build solar power plants worth $595 mn in Qatar
South Korea’s Samsung C&T Corp. is set to build solar power plants worth 800 billion won ($595.2 million) in Qatar, helping the Middle Eas...
Aug 24, 2022 (Gmt+09:00)
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Korean startups
Korean air filter maker CNTUS SUNGJIN aims to crack US market
CNTUS SUNGJIN Co., a mid-sized South Korean company known for its colorful face masks made under the Aer brand, has focused on business-to-business ...
Aug 19, 2022 (Gmt+09:00)
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Corporate restructuring
Halla Group to change corporate name to HL Group
South Korea’s Halla Group is changing its corporate name to HL Group as the construction-to-auto parts conglomerate celebrates the 60th annive...
Aug 18, 2022 (Gmt+09:00)
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Machinery
Daedong attracts investment from Kakao for smart mobility projects
Daedong Corp., South Korea’s leading tractor and farm machinery maker, has attracted 10 billion won ($7.6 million) from Kakao Mobility Corp. t...
Aug 18, 2022 (Gmt+09:00)
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Economy
Seoul National University to set up first overseas campus in Vietnam
Seoul National University (SNU), South Korea’s top-ranked higher education institution, is pursuing the setup of its first overseas campus in ...
Aug 16, 2022 (Gmt+09:00)
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Pension funds
Korea's NPS upped alternative investment by 33% in 2021
The National Pension Service (NPS) of South Korea committed 204.4 trillion won ($156.7 billion) to alternative investment as of end-2021, up 32.7% f...
Aug 12, 2022 (Gmt+09:00)
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Real estate
Hanwha Life to spur global real estate investment via US subsidiary
South Korea’s Hanwha Life Insurance Co. is set to kick off direct investment in overseas real estate via its subsidiary in the US, according t...
Aug 10, 2022 (Gmt+09:00)
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Cryptocurrencies
Hong Kong-based Crypto.com acquires South Korean exchange OK-BIT
Hong Kong-based Crypto.com announced Monday it finalized the acquisition of a 100% stake in South Korea’s cryptocurrency exchange operator OK-...
Aug 09, 2022 (Gmt+09:00)
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Earnings
CJ CheilJedang posts record-high operating profit in Q2
South Korean food giant CJ CheilJedang Corp. logged record-high quarterly operating profit in the second quarter of 2022 amid the growing popularity...
Aug 09, 2022 (Gmt+09:00)
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Artificial intelligence
LG CNS chosen design consultant for Indonesia's $38 bn smart city project
LG CNS Co., a South Korean major information technology service provider, is set to consult on the design of an Indonesian smart city project worth ...
Aug 08, 2022 (Gmt+09:00)
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Energy
KOGAS to cut exposure to Indonesia LNG project in 2027
The state-run Korea Gas Corp. (KOGAS) has decided to reduce its exposure to a $2.8 billion joint liquefied natural gas (LNG) project in Indonesia in...
Aug 07, 2022 (Gmt+09:00)
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Private equity
US private equity giant Apollo making inroads into Korea
Apollo Global Management Inc., a US private equity powerhouse, is set to launch a credit business in South Korea, aiming for the local private lendi...
Aug 05, 2022 (Gmt+09:00)
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Private equity
US private equity giant Apollo to make inroads into Korea
Apollo Global Management Inc., a US private equity powerhouse, is set to start the credit business in South Korea, aiming for the local private lend...
Aug 04, 2022 (Gmt+09:00)
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Carbon neutrality
Hyundai Oilbank, Lotte Confectionery tie up for biodiesel business
Hyundai Oilbank Co., a South Korean refiner backed by Saudi Aramco, and food maker Lotte Confectionery Co. have forged a strategic partnership to jo...
Aug 02, 2022 (Gmt+09:00)
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Construction
Hyundai Doosan Infracore declares 1st cash dividend in 14 years
Hyundai Doosan Infracore Co., a South Korean construction equipment company, will pay dividends to its shareholders for the first time in 14 years.A...
Jul 28, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix puts $3.3 billion factory plan on hold amid global uncertainty
SK Hynix Inc., the world’s second-largest memory chipmaker, has decided to hold off on a 4.3 trillion won ($3.3 billion) plan to build a new N...
Jul 20, 2022 (Gmt+09:00)
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Construction & Planning
Samsung Engineering wins $680 mn gas plant project in Malaysia
Samsung Engineering Co. has won a $680 million gas plant construction order in Malaysia from UK-headquartered energy giant Shell plc’s subsidi...
Jul 13, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai Motor to build 1st Korea plant in 29 years
Hyundai Motor Co., South Korea’s top automaker, is set to build a domestic electric vehicle plant in its first local production investment i...
Jul 12, 2022 (Gmt+09:00)
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Korean games
Korea, game developers in tug of war over P2E genre
A battle over play-to-earn (P2E) games in South Korea between the government and the industry has yet to show any signs of abating as the authority ...
Jul 08, 2022 (Gmt+09:00)
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Pension funds
NPS sees 14 investment managers resign by end-June
National Pension Service (NPS) of South Korea sees as many as 14 professionals of its investment management arm resign by end-June of this year, acc...
Jul 08, 2022 (Gmt+09:00)
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Construction
Hyundai E&C, Samsung Eng. partner with Saudi Aramco
South Korea’s Hyundai Engineering & Construction (Hyundai E&C) Co. and Samsung Engineering Co. were selected as official partners of N...
Jul 06, 2022 (Gmt+09:00)
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Construction
HanmiGlobal wins $34 million Saudi Diriyah complex project
HanmiGlobal Co., a South Korean construction project management (PM) company, said on Monday it has won a 44 billion won ($34 million) deal, part of...
Jul 04, 2022 (Gmt+09:00)
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Energy
Hyundai Motor scraps LNG plant construction plan
Hyundai Motor Co. has scrapped a plan to build a liquefied natural gas (LNG)-fueled plant to power its main production lines in South Korea due to a...
Jul 01, 2022 (Gmt+09:00)
language
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