corporate social responsibility project
Scope
Date
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Construction
Daewoo E&C completes Algerian power plant project amid pandemic
Daewoo Engineering & Construction Co., one of South Korea’s leading builders, said on Friday that it has completed an $830 million gas-fir...
Mar 03, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems begins developing active protection system for combat vehicles
South Korea's defense and IT service company Hanwha Systems Co. will develop core technology for an active protection system (APS), or state-of-the-...
Mar 03, 2023 (Gmt+09:00)
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Cloud computing
Korea's Innogrid wins contract for open cloud platform project
Innogrid Co., a South Korean company specializing in cloud computing and digital transformation, said on Thursday that it secured a three-year deal ...
Mar 03, 2023 (Gmt+09:00)
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ESG
Kakao Impact, KAIST team up for social change through technology
Kakao Impact, a corporate foundation of Kakao Corp., South Korea’s top mobile platform company, said on Tuesday it has agreed to work with the...
Feb 28, 2023 (Gmt+09:00)
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Waste management
SK Ecoplant to establish virtuous cycle ecosystem for waste resources
SK Ecoplant Co., a subsidiary of South Korea's SK Group that focuses on recycling, construction and renewable energy, announced on Tuesday a busines...
Feb 28, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao Brain to launch investment fund for AI startups
Kakao Brain, a South Korean artificial intelligence (AI) company owned by Kakao Corp., said on Sunday it plans to set up a fund of up to 10 billion ...
Feb 27, 2023 (Gmt+09:00)
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Business & Politics
KT CEO Ku Hyeon-mo drops reelection bid as controversy flares
KT Corp. Chief Executive Ku Hyeon-mo has abandoned his ambitious bid to lead South Korea’s largest telecommunications company for another thre...
Feb 23, 2023 (Gmt+09:00)
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Energy
POSCO International, Pertamina win gas exploration rights off Indonesia
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., said on Thursday ...
Feb 23, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's EuBiologics to receive support from Gates Foundation
South Korea's biopharmaceutical company EuBiologics Co. announced on Wednesday that its meningococcal pentavalent conjugate vaccine EuMCV5 under dev...
Feb 23, 2023 (Gmt+09:00)
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Future mobility
S.Korea's UAM project finalizes list of 46 participating companies
Forty-six companies in South Korea including three in mobile telecommunications are participating in the Korean-style urban air mobility (UAM) demon...
Feb 23, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor begins Genesis GV70 EV production in US
Hyundai Motor Co. has commenced production of the Genesis GV70 electric vehicle in the United States. This marks the first locally produced vehicle ...
Feb 23, 2023 (Gmt+09:00)
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Future mobility
Daewoo E&C, Jeju Air kick off K-UAM Grand Challenge phase 1 project
Daewoo Engineering & Construction Co. and Jeju Air Co. have teamed up to participate in the Korean urban air mobility (K-UAM) project. The two c...
Feb 22, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KTS secures contract for LS Cable's undersea cable construction project
KT Submarine Co. (KTS), a South Korean undersea cable construction company, said on Tuesday that it signed a contract with LS Cable & System Ltd...
Feb 22, 2023 (Gmt+09:00)
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Fintech
Samsung Electronics, Naver partner to create simple payment service
Samsung Electronics Co. and South Korea's Naver Financial have formed a simple payment service alliance in which users of Samsung Pay can make simpl...
Feb 21, 2023 (Gmt+09:00)
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Energy
Hanwha expects high-stakes US solar projects to pay off
South Korea’s chemicals-to-construction conglomerate Hanwha Group expects its high-stakes solar energy business to pay off amid industry forec...
Feb 20, 2023 (Gmt+09:00)
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Korean startups
Blind revamps job matching service to rival LinkedIn
Teamblind Inc., the developer of South Korea’s homegrown anonymous professional community app Blind, will reach out to a broader job-seeking p...
Feb 20, 2023 (Gmt+09:00)
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Future mobility
LG Uplus to participate in Drone Show Korea
On Sunday, South Korean mobile telecom carrier LG Uplus Corp. announced that it would host a joint exhibition hall with Kakao Mobility, GS Engineeri...
Feb 20, 2023 (Gmt+09:00)
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Chemical Industry
SK to build $480 mn recycling plant in France with partners
SK Geo Centric Co. is set to build a 450 million euro ($479.6 million) plastic recycling plant in France with the country’s utility company SU...
Feb 17, 2023 (Gmt+09:00)
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Earnings
Hanwha Solutions projects over $778 mn operating profit in 2023
Hanwha Solutions Corp. projects its operating profit for this year would exceed 1 trillion won ($778 million) on an anticipated solar energy boom in...
Feb 16, 2023 (Gmt+09:00)
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Construction & Planning
10 villages featuring traditional Korean architecture to be built in Seoul
The Seoul Metropolitan Government is pursuing a "fusion Hanok" project of building 10 Hanok (traditional Korean architecture) villages in the capita...
Feb 15, 2023 (Gmt+09:00)
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Batteries
POSCO ties up with Aussie firm on US EV cell mineral project
South Korea’s POSCO Group has joined hands with an Australian company to work on an electric vehicle battery material project in the US as it ...
Feb 14, 2023 (Gmt+09:00)
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Logistics
Hanjin converts Indonesian representative office to corporation
Hanjin Transportation said Tuesday that it had converted its representative office in Jakarta, Indonesia, into a corporation last month to strengthe...
Feb 14, 2023 (Gmt+09:00)
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Construction
Korean builders to ramp up overseas business in 2023
Major South Korean construction firms are set to expand their overseas business while reducing domestic projects this year to boost profitability. T...
Feb 13, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma, Sanofi to jointly market Plavix
GC Biopharma Co. (formerly Green Cross Corp.) said on Monday it has entered into a joint sales partnership with Sanofi-Aventis Korea, the South Kore...
Feb 13, 2023 (Gmt+09:00)
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ESG
Responsible mineral sourcing key to Korean battery materials makers
South Korea’s battery materials makers are stepping up their efforts to conform to environmental, social and governance (ESG) standards throug...
Feb 13, 2023 (Gmt+09:00)
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Leadership & Management
KT under pressure for transparency, fairness to pick new CEO, again
South Korea’s leading telecommunications company KT Corp. will pick a new chief executive after it came under fire over its CEO select...
Feb 09, 2023 (Gmt+09:00)
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Energy
Hyundai Eng. promotes MMR nuclear power plant project in Poland
Hyundai Engineering is promoting a micro module nuclear power plant project in Poland, on the heels of completing a similar project in Canada.The co...
Feb 09, 2023 (Gmt+09:00)
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Retail
CJ Olive Young faces discipline for abuse of power with suppliers
CJ Olive Young Co., South Korea’s top beauty store chain, will face punishment by the country’s antitrust regulator for abuse of power o...
Feb 08, 2023 (Gmt+09:00)
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Corporate bonds
SK Hynix set for largest-ever corporate bond issue at bargain prices
SK Hynix Inc., the world’s second-largest memory chipmaker, is gearing up for its largest-ever corporate bond issue in South Korea at lower-th...
Feb 08, 2023 (Gmt+09:00)
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Carbon neutrality
SK E&S, Ce-tek demonstrate carbon dioxide absorbent
Ce-tek, a research company in carbon capture technology supported by South Korea's SK E&S, has conducted a demonstration experiment that dramati...
Feb 08, 2023 (Gmt+09:00)