Industry
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#foreign tourists-JanuaryNumber of foreign tourists to S. Korea up 16 pct in January
SEOUL, Feb. 22 (Yonhap) -- The number of foreigners who arrived in South Korea jumped by almost 16 percent in January from a year earlier as more foreigners visited the country during the winter va... 13:52 Feb. 22 -
#TurkmenistanS. Korea, Turkmenistan to expand economic ties
SEOUL, Feb. 22 (Yonhap) -- South Korea's industry ministry said Friday it hosted a meeting with its Turkmenistan counterparts on expanding economic ties between the two countries. The Ministry o... 11:00 Feb. 22 -
#Daelim-Malaysia orderDaelim Industrial wins US$132 mln order from Malaysia
SEOUL, Feb. 22 (Yonhap) -- Daelim Industrial Co. said Friday it has received a US$132 million order to build a refining plant in Malaysia. Under the deal with Petron Malaysia, Daelim Industrial ... 10:55 Feb. 22 -
#govt-SK hynixS. Korea's gov't eases regulations to support SK hynix's new chip cluster
SEOUL, Feb. 22 (Yonhap) – The South Korean government said Friday it will move to lift regulations to pave the way for the country's No. 2 chipmaker SK hynix Inc.'s to build a semiconductor cluster... 10:25 Feb. 22 -
#KEPCO-earningsKEPCO posts net loss for Q4
SEOUL, Feb. 22 (Yonhap) -- The state-controlled Korea Electric Power Corp. (KEPCO) said Friday that it posted a net loss in the fourth quarter of 2018 due to rising fuel costs coupled with the redu... 09:58 Feb. 22 -
#Incheon bridgeConstruction of third land-island bridge for Incheon to begin next year
INCHEON, Feb. 22 (Yonhap) -- Construction of a third bridge linking Incheon with Yeongjong, an island where the Incheon International Airport is located, is scheduled to begin in the second half of... 08:59 Feb. 22 -
#Doosan Heavy-stock saleDoosan Heavy to raise 500 bln won via stock sale, sell non-core assets
SEOUL, Feb. 21 (Yonhap) -- Doosan Heavy Industries & Construction Co., South Korea's top nuclear plant maker, said Thursday that it would raise 500 billion won (US$444 million) by selling stocks an... 17:02 Feb. 21 -
#steel bar-tariffS. Korea to impose anti-dumping tariff on Taiwanese, Italian steel bars
SEOUL, Feb. 21 (Yonhap) -- South Korea's trade watchdog said Thursday it has concluded that Taiwanese and Italian stainless steel bars adversely impacted the domestic industry, adding it plans to i... 14:50 Feb. 21 -
#Samsung HeavySamsung Heavy bags 870 bln-won deal for 4 LNG ships
SEOUL, Feb. 21 (Yonhap) -- Samsung Heavy Industries Co., a major South Korean shipbuilder, said Thursday that it has clinched a deal worth a combined 870 billion won (US$774 million) to build four ... 10:32 Feb. 21 -
#Hyundai Rotem-orderHyundai Rotem wins 90.6 bln won locomotive order in Bangladesh
SEOUL, Feb. 21 (Yonhap) -- Hyundai Rotem Co., a South Korean railway system and plant equipment maker, said Thursday it secured a 90.6 billion won (US$239 million) diesel-electric locomotive order ... 09:32 Feb. 21 -
#Hyundai Heavy-labor unionHyundai Heavy workers to go on strike, casting cloud over Daewoo Shipbuilding takeover
SEOUL, Feb. 20 (Yonhap) -- Unionized workers at Hyundai Heavy Industries Co., the world's largest shipyard by sales, voted on Wednesday to strike in opposition to the planned takeover of Daewoo Shi... 19:10 Feb. 20 -
#hyundai steelHyundai Steel develops anti-heat, anti-quake H-beam
SEOUL, Feb. 20 (Yonhap) -- Hyundai Steel said Wednesday that it has successfully developed an H-beam that is highly resistant to both heat and earthquakes. The new product can withstand 36 kg of... 15:00 Feb. 20 -
#Oceania-FDIIndustry ministry seeks to win more FDI from Oceania
SEJONG, Feb. 20 (Yonhap) -- South Korea's industry ministry said Wednesday it hosted conferences in Australia and New Zealand to induce businesses from Oceania to make more foreign-direct investmen... 11:15 Feb. 20 -
#Korea-5G serviceS. Korea to begin 5G service in March: finance minister
SEOUL, Feb. 20 (Yonhap) -- South Korea's finance minister said Wednesday that Seoul will become the first country in the world to start commercial operations of fifth-generation mobile network serv... 09:27 Feb. 20 -
#smart industrial zoneGov't picks two locations for smart industrial zones
SEJONG, Feb. 20 (Yonhap) -- South Korea's industry ministry on Wednesday announced its first batch of locations to establish what it calls smart industrial zones, which will utilize high-end inform... 08:30 Feb. 20 -
#conglomerates-assetsTop conglomerates increase assets
SEOUL, Feb. 20 (Yonhap) -- Assets owned by top 60 conglomerates amounted to 2,048.35 trillion won (US$1.81 trillion) as of end-September last year, with SK Group close to grabbing the No. 2 spot fr... 08:25 Feb. 20 -
#Daewoo Shipbuilding-strikeDaewoo Shipbuilding workers OK strike against Hyundai Heavy's takeover
SEOUL, Feb. 19 (Yonhap) -- Workers at Daewoo Shipbuilding & Marine Engineering Co., a major shipyard in South Korea, voted on Tuesday to strike to oppose Hyundai Heavy Industries Co.'s proposed tak... 16:31 Feb. 19 -
#KORES-copper mineKORES-invested Panama copper mine starts production
SEOUL, Feb. 19 (Yonhap) -- State-run Korea Resources Corp. (KORES) said Tuesday that production has started at a Panama copper mine it has invested in. In 2012, a South Korean consortium, led by... 15:50 Feb. 19 -
#Incheon airport rankingIncheon airport's global passenger volume ranking moves up 2 notches to fifth
SEOUL, Feb. 19 (Yonhap) -- The global ranking of Incheon International Airport, the gateway to Seoul, measured in terms of international passenger traffic, jumped by two notches to fifth last year,... 15:05 Feb. 19
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