Hyundai E&C joins project for Ukraine's post-war reconstruction

South Korea’s Hyundai Engineering & Construction (E&C) has joined a post-war reconstruction project in Ukraine to expand the nation&rs...

KIC up 8.3% in net value of stocks, debts in H1 2023

Korea Investment Corporation (KIC) saw the net value of its traditional assets rise 8.25% in the first half of this year, backed by the strong perfo...

Hyundai E&C to commercialize CCS for the first time in S.Korea

South Korea's Hyundai Engineering & Construction announced that it has won the contract for the preliminary front-end engineering and design (Pr...

HD Hyundai Infracore uses AR to service Develon construction equipment

South Korea's construction equipment and engine maker HD Hyundai Infracore Co. on Wednesday said its new augmented reality (AR) guidance app easily ...

KHNP participates in Australian green cement project

Korea Hydro & Nuclear Power Co. (KHNP) will participate in the South Australia green cement transition project, which aims to produce green hydr...

S.Korea to launch K-Ricebelt project in Africa

South Korea has launched an official development assistance (ODA) project for a "K-Ricebelt" to produce rice for 30 million people every year in Afr...

Deal reached on LG-Stellantis battery plant subsidy; construction resumes

All construction work at a battery joint venture in Canada between South Korea’s LG Energy Solution Ltd. and multinational automaker Stellanti...

Doosan forklifts to be sold under Bobcat brand in US, eventually to Europe

Doosan Bobcat Inc., the construction and agricultural machine making unit of South Korea’s Doosan Group, will sell its forklifts under the Bob...

Lunit participates in Saudi's SEHA Virtual Hospital project

South Korean medical AI company Lunit announced on Wednesday that it will participate in the "SEHA Virtual Hospital" project, a key initiative of Sa...

S.Korea's Riiid enters Brazilian public education market

South Korean AI-powered edtech firm Riiid will enter the Brazilian public education market. The company announced on Wednesday that it has signed a ...

SK Bioscience, Thai’s GPO to jointly boost vaccine infrastructure

SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Wednesday that it has signed a memorandum of understanding (MO...

Naver Webtoon promotes K-ramen in Bangkok via pop-up store

South Korea's Naver Webtoon, along with major domestic players in the food industry, on Tuesday said it joined in Bangkok, Thailand, Boggle Boggle K...

Kia to begin EV battery subscription service pilot project

South Korea's Kia Corp. said on Tuesday it has partnered with Hyundai Capital Services, Shinhan EZ General Insurance, the Seoul Taxi Association, Ha...

Coupang taps former Trump aide for political relations

South Korean e-commerce giant Coupang Inc. hired a top aide of former US President Donald Trump to expand its political network in Washington and se...

LCC Air Premia to be jointly managed by two PE firms

Air Premia Inc., a South Korean low-cost carrier, will be jointly managed by two Seoul-based private equity firms – JC Partners and AP Holding...

Hyundai Rotem wins $917 mn Australian electric train project

Hyundai Rotem, a South Korean railway system maker under Hyundai Motor Group, said on Friday that it had won a major contract in Australia alongside...

NPS logs 8.6% return on investment as of end-April 2023

South Korea’s National Pension Service (NPS) has logged an 8.63% profit in fund management in January-April this year thanks to strong equity ...

Korean Air to use bio-jet fuel on international flights

Korean Air Lines Co. announced on Thursday that it will start operating bio-jet fuel flights in partnership with GS Caltex Corp., marking the first ...

Kakao Healthcare to build metaverse healthcare platform

Kakao Healthcare, a digital healthcare platform unit of South Korea's Kakao, announced on Wednesday that it has been selected as the final operato...

POSCO’s Choi traverses Canada, US to pitch for battery material projects

Choi Jeong-woo, chairman of South Korea’s largest steel group POSCO, is crisscrossing Canada and the US to meet with politicians and business ...

KOTRA hosts ESG cooperation project in Baubau, Indonesia

Korea Trade-Investment Promotion Agency (KOTRA) announced on Wednesday that it conducts an "Environmental, Social and Governance (ESG) Cooperation P...

Airplane hangar built in Heart of S.America by KOICA

The South Korean government's support for Paraguay, dubbed the "Heart of South America," to become an aviation maintenance hub is gaining momentum.K...

LG CNS develops AI coding solution based on ChatGPT

LG CNS, the information technology service arm of LG Group, announced on Wednesday that it has developed an artificial intelligence (AI)-based code ...

POSCO Int'l, CIP tie up for Korean offshore wind project

POSCO International, the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., has joined hands with C...

Korea’s KHNP wins project for tritium removal plant in Romania

State-backed Korea Hydro & Nuclear Power Co. (KHNP) has won a €200 million order to build a tritium removal facility (TRF) at a nuclear pow...

KOGAS, Vietnamese firms to jointly undertake major infra projects

South Korea's state-run Korea Gas Corp. (KOGAS) has announced a partnership with Vietnamese firms, kickstarting a major infrastructure project follo...

LG Innotek to spend $1 bn to double Vietnam output capacity

South Korea’s LG Innotek Co., a major camera module supplier for Apple iPhones, is set to invest $1 billion in Vietnam to more than double its...

Vestas to relocate Asia-Pacific HQ to Seoul in September

Denmark-based Vestas, the world's top wind turbine manufacturer, is set to move its Asia-Pacific regional headquarters from Singapore to South Korea...

HD Hyundai Infracore targets eco-friendly equipment market

HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, is set to make inroads into the eco-friendly sector...

POSCO-led consortium signs 47-yr Oman green hydrogen project

A consortium led by POSCO Holdings Inc. and Samsung Engineering Co. has signed a 47-year contract with Oman worth an estimated $7 billion-$8 billion...