floating offshore wind farm

Mergers & Acquisitions LG Chem’s medical skincare business sale draws tepid bid

South Korean chemical giant LG Chem Ltd.'s offer for sale of its cosmetics filler business, tagged with an asking price of more than 500 billion won...

Regulations South Korea allows foreigners to trade treasuries via omnibus accounts

South Korea will allow foreign investors to trade South Korean treasury bonds via omnibus accounts under the names of global custodians or asset man...

Mergers & Acquisitions Macquarie kicks off sale of DIG Airgas estimated at over $3.4 billion

Macquarie Asset Management has embarked on a process to sell off its 100% stake in South Korea’s third-largest industrial gas producer DIG Air...

Economy S.Korea-Philippines FTA to boost car and food exports

South Korea and the Philippines free trade agreement (FTA) is expected to increase exports to the Philippines, especially cars and parts, which will...

Shipping & Shipbuilding Hanwha Ocean, another Korean shipbuilder win $951 million WTIV deals

Hanwha Ocean Co. and another major South Korean shipbuilder have won deals worth a combined 1.4 trillion won ($951 million) to each build a wind tur...

Energy China’s Mingyang to foray into Korean wind turbine market with Unison

China’s Mingyang Smart Energy, one of the top five global wind turbine suppliers, is gearing up for its advance into South Korea’s wind ...

Mergers & Acquisitions MBK kicks off Lotte Card sale for about $1.4 bn in 2nd bid

Lotte Card Co. is expected to be up for grabs in the first half of next year amid a second sale attempt by its largest shareholder MBK Partners, a N...

Energy LS Cable, Denmark's CIP sign LOI for floating offshore wind

South Korea's LS Cable & System Ltd. said on Wednesday that it signed a letter of intent (LOI) for offshore wind cooperation with Copenhagen Inf...

Business & Politics S.Korea aims to export $1 bn Gim by 2027

South Korean Ministry of Oceans and Fisheries plans to enhance the global competitiveness of Korea's seaweed industry by establishing "Gim” ...

Venture capital South Korean VCs in search of better returns abroad

South Korean venture capitalists’ appetite for foreign entrepreneurs shows no sign of waning as they continue to look for better returns overs...

Automobiles Hyundai Motor debuts on Indian bourses in its 1st offshore IPO

MUMBAI -- Hyundai Motor Co.'s Indian unit debuted on India's stock market on Tuesday as the South Korean carmaker bets big on the South Asian countr...

Corporate investment Korea’s KCC Glass to invest $525 mn more in Indonesian plant

KCC Glass Corp., a major South Korean construction materials manufacturer, is set to invest an additional 700 billion won ($524.8 million) in its In...

Energy Doosan Enerbility to localize 10 MW wind turbines

South Korea's Doosan Enerbility Co. said on Thursday that it is pursuing a national project for localizing large-scale wind power generation systems...

Korean food South Koreans puzzled over rising seaweed prices despite bumper crop

Dried seaweed prices are rising at a fast pace despite handsome growth in production, leaving South Koreans puzzled over what is behind the steep pr...

Energy Kolon Global, Hana Bank to form onshore wind power fund

South Korea's Kolon Global Corp. announced on Tuesday it signed an agreement with Hana Bank, Hana Alternative Asset Management, and MDM Asset Manage...

Shipping & Shipbuilding HD Hyundai Marine wins $30 mn LNG-FSU conversion deal

South Korea's HD Hyundai Marine Solution Co. secured its first project to convert a floating storage unit for liquefied natural gas (LNG-FSU).HD Hyu...

Energy Korea seeks to curb China's offshore wind farm dominance

South Korea will prioritize non-price factors such as economic security and contributions to the domestic supply chain over bidding prices when sele...

Energy Samsung signs wind turbine structure supply deal with Equinor

South Korea's Samsung Heavy Industries Co. said on Wednesday that it has signed an exclusive agreement with Norway's state-owned energy company Equi...

AgTech Nongshim to build smart farm in Saudi Arabia

South Korea's food and beverage giant Nongshim Co. announced on Tuesday that it was selected as a participant in the Smart Farm Export Promotion Pro...

Energy Korea’s GS Entec to invest $217 mn in wind power business

South Korea’s GS Entec Corp. is set to invest 300 billion won ($216.8 million) in facilities to manufacture wind power equipment as it shifts ...

Energy S. Korea may join offshore wind alliance to take on China

South Korea is considering teaming up with a global body formed to cope with China’s rapid expansion in the world’s wind power industry ...

Energy QCells wins 2GW solar panel deal for US community solar farms

Hanwha Q Cell Co., better known as QCells in overseas markets, has signed a solar panel supply and partnership agreement for energy storage system (...

Energy LG Uplus to enter renewable energy market through power brokerage

LG Uplus Corp., South Korea's third-largest mobile carrier, announced on Thursday that it will enter the renewable energy supply business through po...

AgTech LG CNS launches AI-driven smart farm using satellite

A new AI-powered smart farm utilizing satellite imagery to detect crop diseases and recommend treatment strategies is now operational, LG CNS Co., a...

Shipping & Shipbuilding Hanwha Ocean launches large offshore WTIV

South Korea's Hanwha Ocean Co. announced on Monday that it launched a large wind turbine installation vessel (WTIV), which it secured an order for f...

Electric vehicles US, China to serve as Kia’s key offshore EV production bases

Kia Corp., South Korea’s second-largest carmaker after its sibling Hyundai Motor Co., has upped the stakes in China and the US to bolster its ...

Energy Hanwha Q Cells builds US solar farm for power supply to Meta

Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Thursday it has completed a solar power complex...

North Korea Kim Jong Un’s Balloon Barrage: Bags of Excrement Fly Into the South

SEOUL—An unusual sight drifted into South Korean skies on Wednesday: Large white balloons carrying plastic bags of North Korean trash. Some co...

Energy Kolon Global inks Korea’s 1st private wind power supply deal

Kolon Global Corp., the leading South Korean wind farm developer, signed the country’s first private wind power supply deal with local compani...

Shipping & Shipbuilding Samsung Heavy unveils eco-friendly ships, AI tech in Europe

Samsung Heavy Industries Co., South Korea’s second-largest shipbuilder, showcased new eco-friendly ships and digital vessel technology to ride...