Hyundai Motor Group accelerates India hub strategy
Hyundai Motor Group, under the leadership of Executive Chairman Euisun Chung, is setting its sights on India as a pivotal export hub, marking a significant [more…]
Category: South Korea
Hanwha Ocean sails ahead with $127 million LPG carrier order
Hanwha Ocean Co., the renowned shipbuilder, recently announced securing a substantial 176.4 billion-won (US$127 million) order to construct a cutting-edge liquefied petroleum gas (LPG) carrier [more…]
South Korean companies secure $7.2 billion deal to expand Saudi gas plant, largest order in Middle East
In a significant win for South Korean companies, Samsung E&A Co. and GS Engineering & Construction Corp. (GS E&C) have secured a combined US$7.2 billion [more…]
Genesis debuts Neolun and GV60 Magma concepts, pioneering the future of luxury mobility
Genesis, a luxury brand under the Hyundai Motor Group, recently unveiled two striking concept vehicles, showcasing the brand’s innovative approach to design and performance. The [more…]
Asian airlines flock to Airbus, a blow to Boeing
In a turn of events, Airbus has secured orders for 65 jets from two major Asian carriers, dealing a significant blow to its U.S. rival [more…]
South Korean shipyard lands huge contract for ammonia carriers
South Korea’s shipbuilding industry continues to set sail on a prosperous course, with HD Korea Shipbuilding & Offshore Engineering Co. securing a significant 489.6 billion-won [more…]
Woori Bank elevates private banking services to bolster client trust
In a move aimed at bolstering its image as a trustworthy financial institution, Woori Bank, one of South Korea’s largest commercial lender, has announced a [more…]
Toyota announces $2.2 billion investment in Brazil, creating 2,000 jobs
Toyota, the renowned Japanese automaker, has announced a substantial $2.2 billion investment for the coming years in Brazil, as confirmed by the country’s vice-president. This [more…]
KB Kookmin Bank expands reach with launch of KB Prasac Bank in Cambodia
KB Kookmin Bank has unveiled its latest venture in Cambodia with the launch of KB Prasac Bank. The new unit aims to deeply penetrate the [more…]
South Korean gaming companies granted licenses, see bright prospects in mainland China
South Korea’s game publishers have been granted licenses to operate in mainland China, and industry insiders and analysts predict a bright future for these companies [more…]