Doosan Enerbility wins W930b contract for Oman power plant

Doosan Enerbility said Friday it has won a 930 billion won ($683 million) contract to build the Misfah combined-cycle power plant in Oman. The plant is scheduled for completion in April 2029 and is expected to help meet Oman’s electricity demand and stabilize energy supply. Doosan Enerbility will carry out engineering, procurement and construction work as part of a consortium with a power plant construction company SEPCO-3. Clients of the projects are global developers including Qatar’s Nebras P

2026-08-21 11:42:42:00

Hugel’s Wellage lands at Sephora US

Wellage, the clinical cosmetics brand owned by Korean medical aesthetics company Hugel, has entered Sephora stores in the US through a partnership with Olive Young, expanding its presence in North America. The launch includes five products from Wellage’s Real Hyaluronic line: a "one-day kit," an ampoule, toner, cream and a mask. Wellage will also participate in a mobile pop-up campaign jointly organized by Olive Young and Sephora. The pop-up truck will visit Sephora stores in New York, Texas and

2026-08-20 15:36:12:00

US Ambassador meets AmCham leaders in first business talks

The American Chamber of Commerce in Korea held its first official meeting with US Ambassador to South Korea Michelle Steel in Seoul on Thursday, discussing business conditions and ways to deepen bilateral trade and investment. The meeting in Yeouido brought together executives from US companies operating across major industries in Korea. Participants discussed challenges facing American businesses and stressed the importance of a predictable, globally aligned business environment to support cont

2026-08-20 15:35:59:00

Paik’s Coffee opens first two stores in Tokyo

Paik’s Coffee, operated by Theborn Korea, said Thursday it has opened its first two stores in Tokyo as part of a broader overseas expansion. The first outlet opened in Shinbashi, a major business district, followed by a second in Kanda, an area surrounded by offices and universities. The stores sell more than 1,000 drinks on weekdays, according to the company. Paik’s Coffee introduced a “smart pickup system” that separates ordering and collection areas, with order information displayed at the pi

2026-08-20 15:35:48:00

APR targets W500b in Europe as Amazon, Sephora sales surge

Korean beauty company APR said Wednesday its European sales reached 228.9 billion won ($163.8 million) in the first half, accounting for about 17 percent of total revenue. The company has expanded rapidly across both online and offline channels as it seeks to establish a major overseas market in Europe. APR opened official Amazon stores in the UK, France, Germany, Italy and Spain late last year. By June, sales in each market had increased more than eightfold on average from January, supported by

2026-08-19 16:33:45:00