southern coast

Energy SK Earthon wins 2nd oil field exploration bid in Malaysia

SK Earthon Co., the energy resources exploration and production (E&P) unit of South Korean energy giant SK Innovation Co., is accelerating its g...

Pension funds S.Korea's NPS opens fourth overseas office in Silicon Valley

South Korea's National Pension Service (NPS), the world's third-largest pension fund, opened an office in Silicon Valley, San Francisco, on Septembe...

Banking & Finance Korea Eximbank provides $120 mn credit to Cambodia

The Export-Import Bank of Korea (Eximbank) said on Friday that it signed an agreement with the Ministry of Finance of Cambodia to provide a foreign ...

North Korea N.Korea fires more than 200 artillery shells off its west coast

North Korea's military conducted coastal artillery fire in the western part of the country on Friday.The North Korean military fired more than 200 a...

Aerospace & Defense Hanwha Systems to launch small SAR satellite by year-end

South Korea's Hanwha Systems Co. announced on Wednesday that it plans to launch its own small synthetic aperture radar (SAR) satellite by the end of...

Energy HD Hyundai joins $14 mn offshore wind power project

HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hyundai Co., has joine...

Robotics Robot dog Spot patrols Kia auto plant late at night

South Korean carmaker Kia Corp. ’s plant in Hwaseong, a southern suburb of Seoul in Gyeonggi Province, is guarded late at night by Spot, a fou...

Energy POSCO Int'l, Equinor tie up for Ulsan offshore wind project

POSCO International Corp., a South Korean energy and trading arm of steel behemoth POSCO Holdings Inc., signed a memorandum of understanding on Thur...

Carbon neutrality SK E&S' low-carbon LNG project enjoys tailwind in Australia

DARWIN, Australia -- Darwin, Australia's northernmost port city, lies at the crossroads of the Pacific and Indian Oceans. With a tropical climate of...

Business & Politics GS25 becomes No. 1 convenience store chain in southern Vietnam

South Korean convenience store chain GS25 announced on Thursday that it has become the top operator in southern Vietnam, surpassing rivals US' Circl...

Energy GS Entec signs deal with global offshore wind power developer

GS Entec, an energy equipment manufacturer under South Korea’s GS Global Corp., on Monday said it signed a memorandum of understanding with th...

Future mobility LG Uplus to use UAM to slash EMS transportation time

South Korea's internet service provider LG Uplus Corp. on Thursday said it signed an agreement with the municipal government of Jinju, South Gyeongs...

Future mobility S.Korea's UAM group to develop tourism transportation on southern coast

Urban air transportation (UAM) in South Korea will open a tourism road on the country's southern coast, which is dubbed "the nation's Mediterranean ...

Advertising & Marketing Innocean's subsidiary D&G opens Brooklyn office

Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Monday that it has opened a Brooklyn office of creative subsidiary David...

Companies Doosan Group opens museum on its corporate history

South Korea's Doosan Group on Tuesday opened Doosan Heritage 1896, a museum displaying 127 years of the conglomerate's history, at Doosan Tower in t...

Construction Doosan Enerbility wins combined cycle power plant order in Kazakhstan

Doosan Enerbility Co., a South Korean power plant builder, announced on Wednesday that it has signed a contract with Turkestan LLP, a subsidiary of ...

Energy POSCO to enter palm oil refining market in Indonesia

POSCO International Co., a trading arm of South Korea’s steel giant POSCO Co., will build a palm oil refining plant in Indonesia to foray into...

Energy SK E&S builds world's largest production base for blue hydrogen

South Korea's SK E&S has accelerated a blue hydrogen project in Boryeong, South Chungcheong Province, in what will be the world's largest comple...

Energy SK Ecoplant joins 2.6GW offshore wind power project in Korea

South Korea’s SK Ecoplant Co. signed an agreement on Monday to jointly develop a combined 2.6 gigawatt (GW) offshore wind power project in Kor...

Energy SK Earthon to explore oil block off Malaysian coast

South Korea’s SK Earthon Co., an energy and petroleum unit of SK Innovation Co., and Malaysia's Petroleum Sarawak Exploration & Production...

Real estate Local hotels lure investment on hopes of returning visitors

Investment firms in South Korea are injecting funds into domestic hotels, preparing for the post-pandemic era. The firms are particularly focusing...

North Korea fires two ballistic missiles off its East Coast

SEOUL—North Korea launched two ballistic missiles off its east coast on Wednesday, South Korean and Japanese officials said, in Pyongyang&rs...

Carbon neutrality Denmark’s Orsted to build world’s biggest wind farm off S.Korean coast

Denmark’s Orsted A/S plans to build the world’s biggest offshore wind farm off the west coast of South Korea as the Danish multinational p...