urban railway

Tech, Media & Telecom KT, KT SAT, Nara Space to launch satellite data biz

South Korea's KT Corp. said on Monday it will pursue a joint project utilizing satellite data with KT SAT and Nara Space Technology Inc.The plan is ...

Business & Politics Korail to join Manila railway maintenance project

South Korea's state-run railway company Korea Railroad Corporation (Korail) said on Monday that it participates in the operation and maintenance (O&...

Machinery Hyundai Rotem leads manufacture of next-generation railway

CHANGWON, South Gyeongsang Province – Engineers at Hyundai Rotem Co.'s rolling stock factory in South Korea have their hands full manufacturin...

Machinery S.Korea promotes export of $3.8 bn railcars to Morocco

The South Korean government is promoting exporting Korean-style railway cars (K-rail), including high-speed trains worth $3.8 billion, to Morocco.Th...

Banking & Finance Korea Eximbank provides $810 mn credit to Bangladesh

The Export-Import Bank of Korea (Eximbank) announced on Sunday that it will provide a credit of $810 million for the construction of the Karnaphuli ...

Construction Dongbu Corp exceeds $730 bn in new orders

South Korea's Dongbu Corporation surpassed 1 trillion won ($727 million) in new orders this year by securing a 200 billion won ($145 million) railwa...

Future mobility Kakao Mobility, Archer to collaborate for K-UAM commercialization

South Korea's Kakao Mobility Corp. announced on Friday that it signed an agreement with Archer Aviation, the US-based urban air mobility (UAM) aircr...

Machinery LS Electric wins $23 mn order for Thai railway signal system

South Korea's LS Electric Co. won a contract from the State Railway of Thailand to construct a railway signaling system for a 177 km section between...

Tech, Media & Telecom Naver, PIF-backed JV join hands for Saudi Arabia’s smart cities

South Korean online portal giant Naver Corp. is planning to accelerate Saudi Arabia’s digital transformation in partnership with a tech firm b...

Tech, Media & Telecom LG CNS, IGIS to collaborate in new biz for digital transformation

South Korea's information and communications technology service provider LG CNS on Wednesday said it will cooperate with the Seoul-based IGIS Asset ...

Korean SMEs Sampyo targets India’s railway track parts market

 Sampyo Railway Co., South Korea’s No. 1 railway turnout manufacturer, plans to launch a joint venture with an Indian company within the ...

Automobiles Innocean releases brand film of Kia Sportage’s 30th anniversary

Innocean, a Hyundai Motor Group-affiliated advertising agency, has rolled out a brand film to mark the 30th anniversary of Kia Corp.'s Sportage, the...

Mergers & Acquisitions SK Energy acquires logistics platform Goodsflow

South Korea's SK Energy will buy all shares of Goodsflow, a Seoul-based provider of logistics platform services, to enter the urban logistics center...

Infrastructure Hyundai Rotem reveals actual product of hydrogen-powered train

Hyundai Rotem, a South Korean railway system maker under Hyundai Motor Group, participated in the largest domestic railway exhibition to showcase ad...

Infrastructure Hyundai Rotem, Hana Bank to promote private railway project

Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, announced on Monday that it has signed an infrastructure fund inve...

Business & Politics Korail wins $13 million consulting project for Philippines' railway

South Korea's state-run railway company Korea Railroad Corporation (Korail), announced on Monday that it has secured a consulting contract to manage...

Business & Politics S.Korean state-run railroad companies meet Czech Minister of Transport

South Korea's state-run railway companies Korea Railroad (KORAIL) and Korea National Railway (KR) announced on Thursday that they had met with repre...

Airlines Jeju Air teams up with startup Plana to explore urban air mobility

Jeju Air Co., South Korea’s largest budget airline, said on Monday that it signed a memorandum of understanding with Plana, a domestic startup...

Tech, Media & Telecom LG U+, Plana jointly research data transmission tech for urban air mobility

South Korea's LG Uplus Corp. and Plana, a domestic startup for urban air transportation (UAM) craft, have signed a business deal on joint research o...

ESG Hyundai Rotem releases data on eco-friendly railway businesses

Hyundai Rotem, the railway system subsidiary of Hyundai Motor Group, announced on Monday it has published information about its sales and research a...

Electric vehicles SK Energy teams up with state-run power supplier for EV charging station

SK Energy, a major South Korean oil refiner, teamed up with Korea Hydro & Nuclear Power Co. (KHNP) to install electric vehicle (EV) and hydrogen...

Aerospace & Defense KAI, KARI collaborate in developing Korean UAM 

Korea Aerospace Industries Ltd. (KAI) has signed an agreement with the Korea Aerospace Research Institute (KARI) to help KARI perform a dry run test...

Energy SK Energy expands fusion urban fuel cell business

SK Energy has teamed up with new and renewable energy companies to develop urban distributed power generation and electric vehicle charging.The comp...

Carbon neutrality SK Group to display eco-friendly tech at next month's CES

South Korea's SK Group next month will display an extended range of carbon-reducing products and technologies at CES 2023, the world's largest exhib...

Artificial intelligence LG CNS to design smart city system for Indonesia's new capital

South Korea's LG CNS will provide a smart city design for Indonesia's new capital of Nusantara. The company on Tuesday said it signed the day before...

Machinery Japan, Spain firms join forces with Woojin for Korean bullet train bid

A Japanese company and a Spanish firm have joined hands with a South Korean company for a local bullet train supply deal as the country is expected ...

Batteries POSCO, GS Energy to launch $121 million battery recycling joint venture

POSCO Holdings Inc., the holding company of South Korea’s largest steelmaker, and GS Energy Corp., the energy unit of GS Group, have agreed to...

Future mobility Hyundai Mobis hosts future mobility startups in Silicon Valley

South Korea’s Hyundai Mobis Co. will host a future mobility conference, dubbed Mobis Mobility Day, with around 80 experts from mobility startu...

Construction Hyundai E&C wins $158 mn order for port facility construction in Kuwait

South Korea’s Hyundai Engineering & Construction Co. announced Tuesday it won a 220 billion won ($157 million) deal from Kuwait to add sev...

Future mobility Korea unveils autonomous driving, commercial drone service roadmap

South Korea aims to launch advanced autonomous driving, commercial drone and other urban air mobility services by 2025, as the country strives to be...