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Hyundai Engineering seals $330m power plant deal in Nigeria

South Korea’s Hyundai Engineering said Monday it sealed a $330 million deal with Kingline Development Nigeria to construct a power plant in Ondo, Nigeria. This is Hyundai Engineering’s first enginee...

Sept 25, 2017
Industry
Korea pushes to build world's largest LNG-powered vessel

South Korea will launch a pilot program to build the world's largest vessel powered by liquefied natural gas in a bid to support more green shipping and develop associated industries, the Ministry of...

Sept 25, 2017
Industry
McDonald‘s Korea to perform outsourced sanitary inspection amid hamburger scare

The local unit of US fast food chain McDonald's said Monday it will carry out inspections of all of its stores in South Korea after its allegedly undercooked burger patties were accused of causing he...

Sept 25, 2017
Industry
State companies recoup third of investments made in overseas energy projects

South Korea's state-run energy firms have poured $38.85 billion into overseas resource development projects, but they have recouped a little over one-third of their investment due to a sharp drop in ...

Sept 25, 2017
Industry
Local electronics companies offer big discounts during Korea Sale Festa: sources

South Korea's major consumer electronics producers are providing big discounts during the upcoming one-month shopping and tourism festival. which begins later this week to fuel consumption, industry ...

Sept 25, 2017
Industry
Sales of seasonal fresh food soar ahead of Chuseok

Sales of agricultural and fisheries products currently in season increased ahead of the 10-day Chuseok holiday, which is set to kick off this weekend, industry data showed Monday. As South Koreans b...

Sept 25, 2017
Industry
Korea's power production capability outpacing transmission infrastructure

South Korea's power production growth has outpaced its ability to effectively send electricity to consumers, official industry data showed Sunday. According to findings released by the electric powe...

Sept 24, 2017
Industry
Korea to kick off nationwide shopping festival this week

Two major department stores said Sunday they will offer up to 80 percent discounts on some items during the incoming nationwide shopping festival as South Korea is seeking to boost consumption. Lott...

Sept 24, 2017
Industry
Korea ranks one of lowest in cooperation in labor-employer relations

South Korea has one of the lowest levels of cooperative relations between labor and employer, the country's central bank said Sunday. South Korea's global competitive index in cooperation in labor-e...

Sept 24, 2017
Industry
K-water vows to lead Asia’s water industry

Korea’s state-led water company K-water has wrapped up its co-hosting of the first Asia International Water Week at Hwabaek International Convention Center in Gyeongju, North Gyeongsang Province. Al...

Sept 24, 2017
Industry
[Ask a Lawyer] Companies still need to be cautious of ‘Kim Young-ran act’

Ask a Lawyer is a regular column written by attorneys at Yoon & Yang LLC on various legal aspects of the Korean life or business. The content provided here is general legal information, not legal adv...

Sept 24, 2017
Industry
Korea's trading companies are unprepared for 4th industrial revolution: poll

South Korea's export and import firms are woefully unprepared to cope with the fourth industrial revolution that is expected to bring about profound changes to the global economy, a poll by an intern...

Sept 24, 2017
Industry
Korea's egg consumption on the rise ahead of Chuseok holiday

South Korea's egg consumption has increased ahead of the long Chuseok holiday, retail industry data showed Sunday. Egg consumption here took a hit after some eggs were found to have been tainted wit...

Sept 24, 2017
Industry
Hyundai Heavy shipyards ask employees to take leave to cope with drop in work

ULSAN -- Hyundai Heavy Industries Group's three shipyards have all asked their employees to take leave of absence to cope with a drop in workloads, corporate sources in Ulsan said Sunday. Management...

Sept 24, 2017
Industry
Anti-graft law deals blow to upscale restaurants, flower businesses

Sales at upscale Korean restaurants and flower businesses fell in the past year, data showed Sunday, a decline widely blamed on South Korea's anti-graft law. Credit-card spending by corporate users ...

Sept 24, 2017
Industry

The Korea Herald by Herald Corporation

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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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