BusinessKorea
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BusinessKorea is the oldest and most well-known monthly about business on the Korean peninsula. It was first published in June 1983.
BusinessKorea
4d ago
Tesla will be able to sell greenhouse gas emission credits for its cars in Korea starting this year.The Korean Ministry of Environment has allowed the global EV giant to trade its greenhouse gas emissions credits in Korea starting this year, according to industry sources. To date, Tesla has received ..read more
BusinessKorea
4d ago
In April, Hyundai’s and Kia's combined sales edged down in the U.S. market from a year ago.A hybrid electric vehicle (HEV) sales race has been reignited between Hyundai Motor Group and Japanese carmakers led by Toyota in the U.S. market. In April, the two sides played see-saw as the Japanese carmake ..read more
BusinessKorea
4d ago
LS Electric has won a series of orders to modernize the Thai railway signal control system.LS Electric announced on May 2 that it has been selected by the State Railway of Thailand as a preferred bidder to build a railway signal system for a 177-kilometer section connecting Ban Phai and Nong Pok in ..read more
BusinessKorea
4d ago
Kolmar Holdings announced that it voted to appoint Kolmar Group Vice Chairman Yoon Sang-hyun as CEO in a regular board meeting on May 2. Yoon Sang-hyun is the eldest son of Kolmar Group Chairman Yoon Dong-han, the founder of Kolmar Group.With the appointment of Yoon as CEO, Kolmar Group plans to exp ..read more
BusinessKorea
4d ago
A controversy has been facing GS E&C since it was confirmed that it used Chinese-made fake glass in luxury apartment buildings worth billions of won each. GS E&C already suffered the deterioration of its corporate image as part of an apartment building which it was building collapsed due to the omis ..read more
BusinessKorea
4d ago
The author is an analyst for NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com -- Ed.Overall growth potential is to rise for Doosan Corp on recovering earnings and greater sales to new clients at the in-house electronics division, as well as sound earnings momentum at listed aff ..read more
BusinessKorea
4d ago
Lotte Card announced on May 2 that it has successfully completed a capital increase worth US$68 million for its Vietnamese subsidiary, Lotte Finance Vietnam.This marks the largest capital increase since Lotte Card commenced operations in Vietnam in 2018, signaling a significant expansion of its busi ..read more
BusinessKorea
4d ago
The recent surge in prices due to the demand for artificial intelligence (AI) has spread from solid state drives (SSDs) for servers to server DRAM. As new production capacity for DRAM is mostly being allocated to high bandwidth memory (HBM), a shortage in supply is anticipated for the second half of ..read more
BusinessKorea
4d ago
Korea Hydro & Nuclear Power (KHNP) inked a tripartite agreement for further cooperation with next-generation SMR developer ARC of Canada and Canadian utility company NB Power at the SMR & Advanced Reactor 2024 Reuters Event in Atlanta of the United States on May 1 (local time).KHNP struck a deal wit ..read more
BusinessKorea
4d ago
Wheeled armored vehicles by Hyundai Rotem have been exported for the first time. The Korean Army has already been using the wheeled armored vehicles. FAME of Peru announced on May 2 that it has selected Hyundai Rotem (supplier) and STX (contractor) as preferred bidders for the program to improve the ..read more