public-private investment project
Scope
Date
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Construction
HJ S&C wins $200 mn Philippines new port construction project order
HJ Shipbuilding & Construction Co. (HJ S&C) said on Thursday its construction division secured a 280 billion won ($200 million) contract to ...
Nov 14, 2024 (Gmt+09:00)
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Business & Politics
Korea’s SK Siltron receives $544 mn loan from DOE for wafer investment
South Korea’s SK Siltron Co. has secured a $544 million loan from the US Department of Energy (DOE) to invest in a high-quality silicon carbid...
Nov 13, 2024 (Gmt+09:00)
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Fintech
NinjaTrader to revitalize Koreans’ domestic, overseas derivatives investments
NinjaTrader Group LLC., a leading US futures broker, is set to accelerate South Koreans’ investments in overseas derivatives while seeking to ...
Nov 13, 2024 (Gmt+09:00)
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Aerospace & Defense
Korea’s Hanwha wins US Navy MRO deal as Trump seeks deeper shipbuilding ties
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, secured another vessel repair contract from the US Navy, expanding its defense busi...
Nov 12, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Electronics accelerates foray into private 5G service
LG Electronics Inc.'s push to expand its presence in the burgeoning private 5G network market is poised to gain traction. The South Korean electroni...
Nov 10, 2024 (Gmt+09:00)
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Shareholder activism
Dalton Investments raises stake in cosmetics ODM Kolmar
Dalton Investments Inc., a US-based activist fund, has secured a 5.02% stake in South Korea’s Kolmar Holdings Co., stoking speculation the wor...
Nov 06, 2024 (Gmt+09:00)
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Construction & Planning
Hyundai E&C signs engineering deal for two nuclear reactors in Bulgaria
South Korea’s Hyundai Engineering & Construction Co. has signed a nuclear power plant design contract with Bulgaria's state nuclear power ...
Nov 05, 2024 (Gmt+09:00)
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Korean startups
Jay-Z’s Roc Nation to invest $5 mn in S.Korea’s Musicow
US entertainment tycoon Jay-Z’s Roc Nation is expected to invest about $5 million in Musicow Inc., South Korea’s music copyright trading...
Nov 04, 2024 (Gmt+09:00)
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Business & Politics
S.Korea set to scrap financial investment income tax
South Korea is set to scrap a plan to impose a tax on gains from financial investments – a scheme slated to be introduced early next year &nda...
Nov 04, 2024 (Gmt+09:00)
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Corporate bonds
S&P upgrades SK Innovation credit rating to BBB-
Global credit rating agency Standard & Poor's (S&P) announced on Friday that it upgraded SK Innovation Co.'s long-term credit rating from a ...
Nov 01, 2024 (Gmt+09:00)
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Banking & Finance
KB Asset Management to list Balhae Infrastructure Fund
South Korea's KB Asset Management Co. said on Friday it plans to list its KB Balhae Infrastructure Fund. Launched in 2006, KBIF focuses on so...
Nov 01, 2024 (Gmt+09:00)
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Pension funds
NPS commits $436 mn to Koramco, Hana Alternative for real estate lending
The National Pension Service (NPS), South Korea’s largest institutional investor, has selected Koramco Asset Management Co. and Hana Alternati...
Nov 01, 2024 (Gmt+09:00)
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Banking & Finance
Mastern Investment reshuffles organizations
Mastern Investment Management Co., South Korea's real estate investment firm, said an organizational restructuring on Friday.The firm streamlined it...
Nov 01, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion's Zymfentra gets 90% distribution channel in US
South Korean biosimilar maker Celltrion Inc. said on Monday its subcutaneous injection formulation for autoimmune diseases, Zymfentra (infliximab), ...
Oct 30, 2024 (Gmt+09:00)
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Economy
South Korea’s Economy Picks Up But Still Disappoints
South Korea’s economy was weaker than expected in the third quarter, weighed by lackluster exports, though it improved from the previous quart...
Oct 30, 2024 (Gmt+09:00)
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Steel
Korea’s POSCO, India’s JSW team up to build steel plant in Odisha
South Korea’s POSCO Group joined hands with India’s JSW Group to set up an integrated steel plant in the South Asian country with an est...
Oct 29, 2024 (Gmt+09:00)
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ASK 2024
Korean LPs tighten due diligence on general partners
In the wake of COVID-19, South Korean pension funds and insurance companies have placed a greater focus on asset managers' capabilities for post-inv...
Oct 28, 2024 (Gmt+09:00)
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Earnings
LG Energy Q3 profit more than doubles on higher sales; shares jump
LG Energy Solution Ltd., the world’s third-largest battery maker, said its quarterly operating profit more than doubled from the previous thre...
Oct 28, 2024 (Gmt+09:00)
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Banking & Finance
Samsung Asset releases KODEX India ETF Investment Guide
South Korea's Samsung Asset Management said on Monday it released its KODEX India ETF Investment Pocket Guide.The guide provides information on the ...
Oct 28, 2024 (Gmt+09:00)
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Energy
KEPCO shortlisted for Saudi Arabia's solar energy projects
Korea Electric Power Corp. (KEPCO), the South Korean state-run utility company, was shortlisted as a final candidate for renewable energy projects i...
Oct 28, 2024 (Gmt+09:00)
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Banking & Finance
MBK Partners named as Time World's Best Companies
South Korea's private equity firm MBK Partners Ltd. said on Friday it was selected in the "2024 World’s Best Companies" list by international ...
Oct 25, 2024 (Gmt+09:00)
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Korean startups
Naver D2SF accelerates investments in Silicon Valley startups
South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) said on Friday it started to discover and invest i...
Oct 25, 2024 (Gmt+09:00)
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Venture capital
South Korean VCs in search of better returns abroad
South Korean venture capitalists’ appetite for foreign entrepreneurs shows no sign of waning as they continue to look for better returns overs...
Oct 23, 2024 (Gmt+09:00)
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Business & Politics
Hyundai E&C, South Australia sign renewable energy, infrastructure deal
South Korea’s Hyundai Engineering & Construction Co. said on Tuesday it has signed a comprehensive deal on cooperation in the renewable en...
Oct 22, 2024 (Gmt+09:00)
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Corporate bonds
Korean brokerages flock to debt market with securities bonds on bull run
South Korea’s leading brokerage houses are flocking to the debt market as bonds issued by securities companies are in growing demand, industry...
Oct 22, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Bain Capital puts beauty device maker Classys on market
Bain Capital has embarked on the process to sell a majority stake in Classys Inc., a South Korean medical aesthetic device maker. The deal is estima...
Oct 21, 2024 (Gmt+09:00)
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Construction
Samsung C&T consortium wins $1.6 bn Turkish highway project
A consortium of Samsung C&T Corp., South Korean state-run firms and a Turkish builder won a $1.6 billion project to build and run a highway in t...
Oct 21, 2024 (Gmt+09:00)
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Construction
Daewoo E&C wins Turkmen mineral fertilizer plant project
South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) said on Monday that it was selected as the winning bidder for a Mineral Fer...
Oct 21, 2024 (Gmt+09:00)
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Korean stock market
Korea Investment Management to list Global AI-based ASIC ETF
Korea Investment Management Co. said on Monday it will list the ACE Global AI ASIC exchange-traded fund (ETF) on October 22. The ETF will focus on ...
Oct 21, 2024 (Gmt+09:00)
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Real estate
Koramco to open office next to NPS for property investment partnership
Koramco Asset Management Co. will open a liaison office next to South Korea’s National Pension Service (NPS) to bolster cooperation with the w...
Oct 18, 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