Clik here to view.
Daewoo E&C Signs MOU with Pacific Palace Korea to Construct Yeongjongdo...
Resort Complex ConstructionDaewoo Engineering & Construction signed a memorandum of understanding (MOU) with global resort complex developer Pacific Palace Korea at its headquarters in Sinmunno,...
View ArticleClik here to view.
Nongshim’s ‘Mat Jjambbong’ Targets American Market with Fiery Taste
Inroads into US MarketNongshim announced that it has officially exported “Mat Jjambbong,” which leads a jjambbong (spicy noodle soup with seafood) craze in the local instant noodle market, to the U.S....
View ArticleClik here to view.
Hanwha Q Cells to Supply 50MW Solar Modules to India’s Adani Group
Solar Power Deal in IndiaHanwha Q Cells, the solar business unit of Korea’s Hanwha Group, is expected to keep accelerating the Indian solar power market invasion this year again.The company announced...
View ArticleClik here to view.
KOTRA Unveils Company’s First Character “GloBee”
Character for Global BusinessThe Korea Trade-Investment Promotion Agency (KOTRA) has introduced its character that symbolizes the company for the first time since its founding. The character is called...
View ArticleClik here to view.
E-Land Group Opens Parkson-Newcore Mall in Shanghai
Media AttentionE-Land Group has successfully opened the Parkson-Newcore Mall in Tianshan, Changning District of Shanghai, China.Accordingly, more than 40 local online and offline media outlets,...
View ArticleClik here to view.
Korea Energy Agency Signs MOU with Asian Development Bank
Energy Cooperation with ADBKorea Energy Agency (KEA) signed a memorandum of understanding (MOU) with the Asian Development Bank (ADB) in Manila, Philippines, on February 1 to step up cooperation in the...
View ArticleClik here to view.
Hyundai Motor Joins Hands with Apple for Smart Car Development
Hyundai-Apple CooperationHyundai Motor is joining hands with Apple in the U.S. to compete in the smart car market.According to industry sources on February 1, Hyundai Motor has used Apple CarPlay in...
View ArticleClik here to view.
Korea Posted Steepest Decline in Monthly Exports in 77 Months
18.5% Drop in Export The Ministry of Trade, Industry & Energy announced on February 1 that Korea’s exports and imports on a customs clearance basis are estimated to have decreased 18.5% and 20.1%...
View ArticleClik here to view.
Samsung Reaches Deal with Nokia over Patent Fees
Patent SettlementA wireless patent dispute between Samsung Electronics and Nokia came to an end after about two years. Accordingly, Samsung Electronics will have to pay about one trillion won in patent...
View ArticleClik here to view.
SK Telecom Posted Concurrent Decreases in Sales, Profit First Last Year
Stagnant GrowthSK Telecom on Jan. 2 announced its last year’s performances on a K-IFRS consolidated basis, including the revenue of 17.137 trillion won, the operating income of 1.708 trillion won and...
View ArticleClik here to view.
GS Caltex Establishes Branch Office in Mexico
Targeting N. American MarketGS Caltex, South Korea’s second-largest oil refiner, has become the nation’s first plastic compounding company to establish a branch office in Mexico, tapping into the...
View ArticleClik here to view.
Kim Jung-rae Becomes New CEO of Korea National Oil Corp
New ChairKorea National Oil Corporation (KNOC) held the inauguration ceremony of its new CEO Kim Jung-rae at the headquarters in Ulsan on February 2.Kim began his career at Hyundai Engineering and...
View ArticleClik here to view.
Korea Eximbank to Provide US$370 Million to Oman’s Petrochemical Project
Project FinancingThe export-import Bank of Korea (Korea Eximbank) announced on February 2 that the bank will provide US$370 million (447.33 billion won) to finance a Liwa petrochemical project in Oman,...
View ArticleClik here to view.
Caffe Bene Opens 5th Store in Riyadh, Saudi Arabia
Expansion OverseasCaffe Bene, a leading local coffee chain, announced that it has recently opened its fifth store in a large shopping mall in Riyadh, the capital of Saudi Arabia.With a floor space of...
View ArticleClik here to view.
Amore Pacific Group’s Annual Sales Total 5.6 Trillion Won in 2015
Record High SalesSouth Korea's top cosmetics maker AmorePacific Group said its sales in 2015 jumped 20.1 percent on-year to 5.66 trillion won (US$4.68 billion) and its operating profit stood at 913.6...
View ArticleClik here to view.
Hanwha to Jump into Nation’s Matchless Defense Group
Largest Defense BusinessHanwha Group is jumping into the nation’s matchless defense group by taking over Doosan DST and Korea Aerospace Industries (KAI) soon. As Hanwha Techwin, the defense arm of...
View ArticleClik here to view.
South Jeolla Province Discusses Cooperation in Farming with Sri Lanka
Cooperation in FarmingSouth Jeolla Province is eager to seek cooperative exchanges with Sri Lanka in the environmentally-friendly agriculture, culture, tourism and youth sectors.The province announced...
View ArticleClik here to view.
LG OLED TV Ad Starring Liam Neeson Becomes Talk of Town
Starring Liam NeesonLG Electronics took a wrap off its OLED TV ad that will be aired during the 50th Super Bowl to be held in San Francisco on February 7 through YouTube, FaceBook and its homepage. The...
View ArticleClik here to view.
KDB Chairman Hong Ki-taek Selected as Vice Chief of AIIB
Vice Chairman of AIIB Hong Ki-taek, chairman of the state-run Korea Development Bank (KDB), has been named as a vice chief of the China-led Asian Infrastructure Investment Bank (AIIB). It is the first...
View ArticleClik here to view.
KHNP to Cooperate, Expand Business in Argentinean Nuclear Energy Market
Sales of Nuclear Energy CooperationThe Korea Hydro & Nuclear Power Corp. (KHNP) announced that it has signed a memorandum of understanding (MOU) for technological cooperation with Nucleoeléctrica...
View Article