By Publisher Lee Kyung-sik with Reporter Ms. Kim Ka-heeKT (led by CEO Hyeon-Mo Ku) announced on Aug. 23, 2020, that it has established a central electric power control center in Tashkent, the capital city of Uzbekistan, that manages the power use of 8 million households.KT held an opening ceremony f

By Managing Editor Ms. Joy Cho with Reporter Chung Hong-keunPresident & CEO Hur Kyong-Goo of the Korea Overseas Infrastructure & Urban Development Corporation (KIND) emphasizes that his organization is ready to serve as a facilitator for efficient Public-Private Partnership (PPP) projects implementa

South Korea's overall industrial output fell 0.4 percent in October from a month earlier due mainly to a decrease in the production of auto and electronic parts, government data showed Friday.The data compiled by Statistics Korea showed the production in the mining, manufacturing, gas and electr

South Korea's major refiners may see their earnings continue to slide in the current quarter due largely to weakened cracking margins, sliding oil prices and the Korean won's weakness, analysts here said Tuesday.South Korea's top four refiners -- SK Innovation Co., GS Caltex Corp., S-Oil

[코리아포스트 김형대 주필] 올해 시공능력평가에서 6년째 1위에 오른 삼성물산이 건설사 취업인기순위에서도 1위 자리를 지켰다. 건설취업포털 건설워커는 ‘8월 건설사 취업인기순위(일명 건설워커 랭킹)’에서 삼성물산이 선두자리를 굳건히 유지하고 있다고 2일 밝혔다.삼성물산은 ‘종합건설’ 부문에서 22개월 연속 1위 자리를 이어갔다. 엘티삼보(전문건설 부문), 삼우씨엠건축사사무소(건축설계/감리/CM 부문), 삼성엔지니어링(엔지니어링 부문), 계선(인테리어 부문)은 부문별 1위 자리에 올랐다.■ 종합건설 부문 (

[코리아포스트 손다솜 기자] 대한건설협회(회장 유주현)는 2일 오전 서울 강남구 삼정호텔에서 ‘2019년 미래경영 건설CEO 아카데미’ 과정을 개강하였으며, 국내 건설사 최고경영자(CEO) 및 건설 유관기관 임원 등 40명이 참석했다. 본 과정은 건설기업의 정보욕구 충족과 불확실한 시장환경에서 생존과 나아가 성공기업으로 거듭날 수 있는 미래전략 수립에 도움을 주기 위해 2014년 처음 개설하여 올해로 6회째를 맞이하였다.오는 11월 8일까지 총 12회에 걸쳐 매주 금요일에 진행되며, 경영환경 이해 및 건설

South Korea's trade ministry said Monday it will send a deputy minister to a meeting of the World Trade Organization (WTO) General Council this week to tell the international community that Tokyo's export curbs against Seoul run counter to international rules and that it should retract the m

South Korea's exports are set to extend their slump to an eighth month in July, driven by a decline in outbound shipments of semiconductors and petrochemical goods, data showed on Monday.The country's exports fell 13.6 percent in the first 20 days of July from a year earlier to US$28.3 billi

By Vice President Park Byung-wook with Son Da-som and Paul KimHyundai Steel, largely known as the front runner in the steel industry in Korea and around the world, has recently put out a new product called an ‘H-Solution.’ This comes in the wake of what they called an “H Core” back in 2017.“H-Soluti

Hanjin Heavy Industries & Construction Co., a midsize shipbuilding and construction company in South Korea, said Thursday it has signed a strategic partnership with a Filipino builder to win infrastructure projects in the Philippines.Under their strategic alliance agreement, Hanjin Heavy said it aim

Hyundai Heavy Industries Group, a major South Korean shipbuilding conglomerate, said Monday it has officially started the process to earn approval from anti-trust regulators for its proposed takeover of Daewoo Shipbuilding and Marine Engineering Co.Hyundai Heavy said it has submitted a request for f

Korea’s auto output, exports in May see year-on-year increases.The Ministry of Trade, Industry and Energy announced on June 13 that the Korea’s automobile production increased 4.1 percent to 366,152 vehicles in May compared to the same period last year.This growth in output was mostly attributable t

Samsung Electronics Co. has been facing a double whammy of the weak memory chip and smartphone market, as well as uncertainties from a trade war between the United States and China, so it is the right moment for its senior management to discuss ways to deal with the rising business challenges.Starti

South Korea's jobless rate remained flat at 4 percent in May from a year earlier, and job additions again exceeded the 200,000 mark, government data showed Wednesday.The number of employed people reached 27.32 million in May, an increase of 259,000 from the same month in 2018, according to the d

Energy-to-telecom conglomerate SK Group has announced to invest US$ 1 billion in Vietnam's leading conglomerate to expand its position in the Southeast Asian market.SK Group stated that they have decided to buy a 6.1 percent stake in Vingroup, which will also resutl in strategic partnership betw

Unionized workers at Hyundai Heavy Industries Co. set out to protest on Thursday against a merger which will result in a split up of the company.The unionized workers began their 4 hour protest at the company's headquarters in Ulsan, approximately 400km southeast of Seoul. They will go ahead wit

LG Chem Ltd., South Korea's top chemicals company, has been chosen to supply EV batteries to Swedish automotive company Volvo Car Group.LG Chem stated that it has successfully signed a multiyear contract with Volvo to supply lithium ion batteries. The batteries will also be used for Volvo’s elec

The chief of Renault Samsung Motors Corp., the South Korean unit of Renault SA of France stated on Wednesday that the Korean R&D center will need to play a key role.Dominique Signora said Renault Technology Korea will play a vital role for the French automotive company under the expansion of Renault

The first quarter net profit fell 13.7% compared to its previous year for Daewoo Shipbuilding & Marine Engineering Co., a major South Korean shipbuilder due to a decline in sales.Their balance sheet for Q1 this year states that net profit reached 195 billion won for the period January-March in contr

Dongkuk Steel Mill Co, South Korea's third-largest steelmaker has returned to making profit in the first quarter of 2019. The main reason was due to reduced valuation loss form its Brazilian Steel mill which they have a large amount of stake in.For the period January-March, net profit was 700 mi