LNG receiving terminal project
Scope
Date
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Construction
Hyundai Engineering completes Long Son plant project in Vietnam
South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, said Monday it has completed its co...
Nov 28, 2022 (Gmt+09:00)
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Construction
HanmiGlobal lands series of orders from Saudi's Neom city project
HanmiGlobal Co. on Monday said it has earned contracts for the construction and development of Neom, the urban development project seeking to build ...
Nov 28, 2022 (Gmt+09:00)
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Korean startups
Fintech co. Awake Corp. provides financial management tool to creators
South Korean fintech startup Awake Corporation won the hearts and wallets of judges at the D.Day X D.Camp event on Thursday, garnering 20 million wo...
Nov 25, 2022 (Gmt+09:00)
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Construction
Hyundai E&C creates world's first children's playground using 3D printing
Hyundai Engineering & Construction said on Thursday it has installed children's playground equipment it made using 3D printing technology at Hil...
Nov 25, 2022 (Gmt+09:00)
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Construction
Samsung Engineering wins Project of the Year awards from MEED
Samsung Engineering Co., the construction unit of South Korea’s top conglomerate Samsung Group, said on Thursday it has won three Project of t...
Nov 24, 2022 (Gmt+09:00)
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Energy
Hanwha Q CELLS to join EU project for cutting-edge solar batteries
Hanwha Q CELLS Co. on Thursday said it will join an R&D project for next-generation solar cells that has received 15 million euros (around 20 bi...
Nov 24, 2022 (Gmt+09:00)
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Samsung Group
YouGov ranks Samsung Elec. as world's top brand, ahead of Google
Samsung Electronics Co. is the world’s top brand with a score of 127, according to research firm YouGov’s Global Best Brand Rankings for...
Nov 20, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s Genesis G90 named MotorTrend’s 2023 Car of the Year
Hyundai Motor Co.'s G90, a flagship sedan under the South Korean automaker’s premium sub-brand Genesis, has been named the 2023 Car of the Yea...
Nov 18, 2022 (Gmt+09:00)
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Korean startups
Mobility startup Poen takes first place at Geeks Show Up event in Jeju
South Korea’s mobility startup Poen secured first place at the first-ever Geeks Show Up on Nov. 17, a demo day hosted by The Korea Economic Da...
Nov 18, 2022 (Gmt+09:00)
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Construction
South Korea's DL E&C wins 1st petrochemical plant order in US
South Korean construction company DL E&C has landed its first contract to build a petrochemical plant in the US.The company on Thursday said it ...
Nov 17, 2022 (Gmt+09:00)
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Construction
Saudi crown prince to meet Korean business leaders in Seoul
Saudi Arabia’s crown prince Mohammed bin Salman is known to be planning meetings with leaders of major South Korean conglomerates, including S...
Nov 15, 2022 (Gmt+09:00)
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Future mobility
Hyundai Motor, Indonesia to jointly enter ASEAN air mobility market
South Korea’s top automaker Hyundai Motor Group and Indonesia’s Nusantara Capital City Authority have agreed to jointly enter the Southe...
Nov 14, 2022 (Gmt+09:00)
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Petrochemicals
S-Oil to OK $6 billion Shaheen project as Saudi prince heads to Seoul
S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will approve the much-touted 8 trillion won ($6 billion) Shaheen project to expand its ...
Nov 14, 2022 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus, Hyundai Motor Group in connected car service deal
LG Uplus Corp., South Korea’s third-largest mobile carrier, will supply exclusive wireless communications services to Hyundai Motor Group for ...
Nov 14, 2022 (Gmt+09:00)
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Construction
Korean construction firms boost Saudi Arabia presence with megaprojects
RIYADH – South Korean firms are accelerating their efforts to win construction projects from Saudi Arabia as the Middle East’s largest e...
Nov 11, 2022 (Gmt+09:00)
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Construction
Doosan Enerbility signs $1.2 billion deal to build nuclear plant in Egypt
South Korea's major power plant builder Doosan Enerbility Co. said on Thursday it has clinched a 1.6 trillion won ($1.2 billion) deal to become a co...
Nov 10, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korea's Daewoo Shipbuilding earns $10 billion in orders this year
Daewoo Shipbuilding and Marine Engineering (DSME) has earned $10 billion in orders for the second straight year.The company on Tuesday said Maran Ga...
Nov 09, 2022 (Gmt+09:00)
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Energy
Hanwha E&C to expand offshore wind power business
South Korea's Hanwha Engineering and Construction (E&C) on Tuesday concluded a business agreement on joint development of offshore wind power in...
Nov 08, 2022 (Gmt+09:00)
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Construction
Doosan Enerbility to supply offshore wind substructures to Orsted
South Korea’s leading power plant builder Doosan Enerbility Co. said on Thursday that its Vietnamese subsidiary has signed an agreement to pro...
Nov 04, 2022 (Gmt+09:00)
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Aerospace & Defense
SpaceX to receive $44 mn injection from Korean high-net-worth individuals
South Korea’s Mirae Asset Securities Co., which committed $100 million to Elon Musk’s Space Exploration Technologies Corp. (SpaceX) in J...
Nov 03, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia post record hybrid vehicle sales in US in October
Hyundai Motor Co. and Kia Corp., which are gradually increasing their presence in the US market, saw their hybrid vehicle sales reach an all-time hi...
Nov 02, 2022 (Gmt+09:00)
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Tech, Media & Telecom
POSCO International, Netherlands’ Hardt sign deal on hyperloop project
POSCO International Corp., the general trading arm of South Korea’s steel giant POSCO Holdings Inc., said on Tuesday it is entering the hyperl...
Nov 01, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Hansol Group, KAIST to launch new tech, AI research center
South Korea’s Hansol Group and the Korea Advanced Institute of Science and Technology (KAIST) have agreed to establish a research center to de...
Oct 13, 2022 (Gmt+09:00)
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Construction
Hanwha E&C abandons Bismayah project in Iraq; $581 mn loss expected
South Korean builder Hanwha Engineering & Construction Co. has aborted a $10 billion project to build a Bismayah new city in Iraq after failing ...
Oct 09, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE in $1.5 billion shipbuilding deals with Maersk, Excelerate Energy
Korea Shipbuilding & Offshore Engineering Co. said on Wednesday it has clinched a 1.62 trillion won ($1.15 billion) order to build six methanol-...
Oct 05, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT rebrands Olleh TV as Genie TV to transform into media portal
South Korea’s telecom giant KT Corp. is rebranding its IPTV service Olleh TV as Genie TV as part of its efforts to transform into a media port...
Oct 05, 2022 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem signs defense deal with Norway’s Kongsberg
South Korean arms maker Hyundai Rotem Co. has clinched a strategic partnership with Norway’s Kongsberg Defence & Aerospace AS to jointly d...
Sep 28, 2022 (Gmt+09:00)
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Corporate investment
Higher costs, weaker won put Korean firms’ investments on hold
Rising borrowing costs coupled with the weakening local currency are forcing an increasing number of South Korean companies to withdraw or halt thei...
Sep 27, 2022 (Gmt+09:00)
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Construction
Doosan Enerbility wins $383 mn power plant deal from Saudi Arabia
South Korea's major power plant builder Doosan Enerbility Co. said on Friday it has won a 540 billion won ($383 million) contract to build a combine...
Sep 23, 2022 (Gmt+09:00)
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Carbon neutrality
S.Korea’s SK Gas expands LNG, hydrogen biz for future
ULSAN -- SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier, is expanding its liquefied natural gas (LNG) and hydrogen ...
Sep 22, 2022 (Gmt+09:00)