Industry | BusinessKorea

Sunday, February 25, 2018


3 August 2010 - 12:25am
The global economic recession of 2008 stunted Korea’s economic growth rate to a mere 2.5%. Construction companies expected the economy to recover soon and began to build houses, taking advantage of...
16 April 2010 - 2:34am
In April, HanmiParsons announced that it had won a construction management (CM) project for 10,000 houses in Benghazi City, Libya. This CM project is worth approximately 34 billion won and will last...
16 April 2010 - 2:12am
Daewoo Shipbuilding & Marine Engineering (DSME), the world’s No. 3 shipbuilder, has received a US$210 million order to build two oil tankers from a Greek client, Almi Tankers, S.A. The order is...
16 April 2010 - 2:08am
The Korea National Oil Corporation (KNOC) recently became the first state-run company in Korea to hire foreigners as executives. KNOC brought in Dr. Hugh Eaton Rowlett Jr. as the company’s chief of...
16 April 2010 - 2:02am
Korea will soon have facilities that can produce artificial light aggregates using coal ash dumped at landfill sites, the world’s first such facilities. Korea South East Power Co., Ltd. (KOSEP) held...
16 April 2010 - 1:54am
Kia Motors Corporation recently held the world premiere of its all-new Optima midsize sedan at the New York International Auto Show. Arriving in showrooms in North America and non-European markets in...
16 April 2010 - 1:49am
STX is hoping to diversify its business in Ghana, where the company successfully signed a US$10 billion deal in December 2009 to build 200,000 housing units. The company is seeking to advance into...
16 April 2010 - 1:46am
Since reaching the top of the world’s shipbuilding industry in 1983, Hyundai Heavy Industries (HHI) has remained second to none. Established in 1972, HHI has built and delivered approximately 1,500...
16 April 2010 - 1:29am
We simply give a buy recommendation on LG Chem. And the following is the reasons why we give a buy recommendation. Fist of all, it is forecasted that the operating profits of all parts of companies...
15 April 2010 - 6:46pm
K im Yu-na will continue to receive a sponsorship from Korean Air. Kim won the gold medal at the Vancouver Winter Olympic Games earlier this year. The airliner runs an Excellence Program which...
16 March 2010 - 3:20am
The state-run Korea Gas Corporation (KOGAS), Korea's sole LNG provider, signed a contract on January 28 to invest $1.05 billion in the development of the Badra oil field in Iraq over the next 20...
16 March 2010 - 2:13am
Cathay Pacific Airways started its business in Korea in July, 1960 as only the second foreign airline to offer services to and from Korea. It is one of the largest companies in Hong Kong, hiring 20,...


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