The Korea Herald

Articles by Lee Hyun-jeong

LATEST NEWS

January 2, 2017 Industry

Posco stresses further leap for next 50 years

Posco Chairman Kwon Oh-joon on Monday vowed to bring the company to greater heights over the next 50 years, at a New Year’s meeting at the company’s headquarters in Pohang, North Gyeongsang Province....

Hanwha E&C collects $560m from Iraq for city project

Korean firm Hanwha Engineering and Construction received about $560 million in construction fees last week from the Iraqi government for its ongoing new city project, the company said Monday. "A Tow...

January 2, 2017
Industry
SK Innovation to pour W3tr to speed up growth

Korea’s top oil refiner SK Innovation will inject up to 3 trillion won ($2.5 billion) into its petrochemical, petroleum development and battery business to expand the business growth, the company sai...

January 1, 2017
Industry
S-Oil donates W2b to underprivileged

Korean oil refiner S-Oil has donated 2 billion won ($1.6 million) to the underprivileged as part of its regular efforts to support those in need, the company said Thursday. S-Oil CEO Othman Al-Ghamd...

December 29, 2016
Industry
Daelim Industrial bags W2.3tr construction deal with Iran

Daelim Industrial has bagged a 2.3 trillion won ($1.9 billion) construction deal with Iran, marking the largest construction contract that a Korean company has won since economic sanctions on the Mid...

December 29, 2016
Industry
DSME to enforce unpaid leave for office workers

Daewoo Shipbuilding and Marine Engineering said Wednesday it will initiate one month of unpaid leave for all office workers starting from next year as part of its cost-saving efforts. The shipbuilde...

December 28, 2016
Industry
Posco strives to lead automotive steel market

Korea’s top steelmaker Posco has been making aggressive investment moves to take the lead in the global automotive steel market, shipping 8.7 million tons of automotive steel to global carmakers last...

December 27, 2016
Industry
Daewoo E&C collects W387.1b for project in Morocco

Daewoo Engineering and Construction said Tuesday it has received about 387.1 billion won ($323 million) of construction fees in the past two months from Morocco’s Safi Energy Company for building a c...

December 27, 2016
Industry
Doosan Heavy bags W2.8tr deal with India

Doosan Heavy Industries and Construction has bagged a deal worth 2.8 trillion won ($2.3 billion) to build two coal-fired plants in India, the company said Monday. Korea’s top equipment maker said it...

December 26, 2016
Industry
Shipping alliance reshuffle may hit Busan Port: report

The upcoming reorganization of global shipping alliances is likely to hit Korea’s largest port in Busan, a report showed Friday. According to the Korea Maritime Institute’s report, the harbor volume...

December 23, 2016
Industry
Stock price output mixed for ship-related sectors

Stock prices of the Korean shipping and shipbuilding industries for next year are projected to be mixed amid the market’s tough conditions and ongoing restructuring, experts said Thursday. Analysts ...

December 22, 2016
Industry
3 Korean shipbuilders picked as most influential in Lloyd’s List

The heads of three Korean shipbuilders have been selected as some of the most influential figures in the shipping industry, a UK journal reported Tuesday. According to Lloyd’s List of the “100 most ...

December 20, 2016
Industry
Massive sales credit poses risks to local constructors

The accumulative sales credit of nine major construction firms in Korea exceeded 25 trillion won ($21 billion) this year, posing potential credit risk to the companies, the financial industry said Tu...

December 20, 2016
Industry
[Herald Interview] Pyeongtaek Port moving fast to foster new growth engines

Newly established shipping routes from Pyeongtaek Port are giving it a competitive edge as the gateway for Korea’s exports to Southeast Asia for local industries, the head of state-run Gyeonggi Pyeon...

December 19, 2016
Industry
Korean industries show mixed reactions to oil price hike

Korean industries showed mixed reactions to the rising global crude oil price over the weekend, with the ailing shipbuilders expressing relief, while aviation and shipping businesses remained cautiou...

December 18, 2016
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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