Doosan Group
Scope
Date
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Steel
Hyundai Steel to pull out of stainless steel market
Hyundai Steel Co. has decided to close its stainless steel-making plant in Incheon, South Korea, pulling out of the market amid a flood of Chinese-m...
Sep 20, 2023 (Gmt+09:00)
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Energy
Doosan Enerbility, KWP to advance power generation tech
South Korea's heavy industrial company Doosan Enerbility Co. and the government-owned Korea Western Power Co. (KWP) will jointly streamline domestic...
Sep 19, 2023 (Gmt+09:00)
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Chemical Industry
Taekyung Group to recycle brine water in Saudi Arabia
South Korea's Taekyung Group on Monday said it formed a strategic partnership with Saudi Arabia's government-run Saline Water Conversion Corp. (SWCC...
Sep 19, 2023 (Gmt+09:00)
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Automobiles
POSCO Int'l to supply EV motor cores to Hyundai Motor Group
South Korea's POSCO International Corp. on Thursday said it signed a deal to supply 3.5 million traction motor cores for electric vehicles (EV) to H...
Sep 15, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korean travel guide featuring BTS published
The Korea Economic Daily (KED) on Tuesday released The Purple Road, a tourist guide of South Korea highlighting places where the seven members of ...
Sep 14, 2023 (Gmt+09:00)
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Robotics
Doosan Robotics aims to draw $256 mn in IPO subscriptions
South Korea’s Doosan Robotics Inc. aims to attract an estimated 340.2 billion won ($255.8 million) in the initial public offering bookbuilding...
Sep 11, 2023 (Gmt+09:00)
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Retail
Homeplus enters Mongolian market with PB products
South Korean big-box retailer Homeplus has entered the Mongolian market for the first time, signing a strategic partnership with the country's ret...
Sep 11, 2023 (Gmt+09:00)
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Energy
SK E&S signs PPA agreement with Iljin Group affiliates
South Korea's SK E&S announced on Friday that it has entered into a direct power purchase agreement (PPA) with Iljin Global and Bearing Art, bot...
Sep 08, 2023 (Gmt+09:00)
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Banking & Finance
KB Financial Vice Chairman Yang named sole chairman candidate
KB Financial Group Inc. has chosen Yang Jong-hee, its vice chairman, as the sole candidate for its next chief in charge of South Korea’s leadi...
Sep 08, 2023 (Gmt+09:00)
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Energy
Doosan seeks to fuel Indonesia power plants with green ammonia
Doosan Enerbility Co., a South Korea construction equipment manufacturer, said on Friday it has signed a memorandum of understanding (MOU) with Indo...
Sep 08, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea's Lotte Group helps SMEs penetrate Indonesian market
South Korea's Lotte Group through Friday is holding the event Korea Expo in Jakarta in the Indonesian capital with the Korea Trade-Investment Promot...
Sep 07, 2023 (Gmt+09:00)
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Private equity
SK Group, NPS may exercise put option on Masan without gain
South Korean institutional investors, including SK Group and National Pension Service (NPS), are likely to only recover their principal without prof...
Sep 06, 2023 (Gmt+09:00)
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Travel & Leisure
Over 130 Chinese travel industry officials visit S.Korea
Since the Chinese government allowed its citizens to participate in group tours to South Korea last month, Chinese travel industry representatives h...
Sep 06, 2023 (Gmt+09:00)
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Travel & Leisure
Jackpot seekers boost Grand Hyatt Jeju's Aug sales to record high
Grand Hyatt Jeju within Jeju Dream Tower Integrated Resort posted its highest-ever revenue of 14.3 billion won ($10.8 million) in August, Lotte Tour...
Sep 05, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha to showcase advanced weapons systems in Poland
South Korea’s Hanwha Group will unveil its advanced land, sea, air and space weapons systems this week at the International Defense Industry E...
Sep 04, 2023 (Gmt+09:00)
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ESG
LG Group manages ESG information like financial data
LG Group has decided to manage environmental, social, and governance (ESG) management activities as if they were financial data. The aim is to provi...
Sep 01, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Mirae Asset seeks to buy India’s 9th-largest brokerage Sharekhan
South Korea’s leading asset manager Mirae Asset Financial Group aims to enhance its presence in India by acquiring Sharekhan, the Southeast As...
Aug 31, 2023 (Gmt+09:00)
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Leadership & Management
SK Group commemorates chairman's 25th year since inauguration
SK Group, South Korea’s No. 2 conglomerate, will commemorate the 25th anniversary of Chey Tae-won’s inauguration as chairman on Sept. 1....
Aug 31, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korea's HMM bidders shortlisted to LX Group, Harim, Dongwon
Bidders for HMM Co., South Korea’s top shipping company, have been shortlisted to LX Group, Harim Co. and Dongwon Industries Co., according to...
Aug 30, 2023 (Gmt+09:00)
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Construction
Hyundai E&C ranks 11th on global construction market
South Korea’s Hyundai Engineering & Construction on Tuesday said it ranks 11th in the world in overseas sales in the annual rankings of ...
Aug 30, 2023 (Gmt+09:00)
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Logistics
Doosan to provide logistics automation solutions to Nike Korea
Doosan Logistics Solutions Co. (DLS), a South Korean system integrator that provides turnkey solutions, announced on Tuesday that it has won Nike ...
Aug 29, 2023 (Gmt+09:00)
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K-pop
K-pop rookies, fresh boost for Korean entertainment stocks
South Korea’s entertainment stocks are poised to rally as K-pop newbies gain momemtum, attracting not only global music fans but also investor...
Aug 29, 2023 (Gmt+09:00)
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Asset management
DGB Fin to set up asset management firm in Singapore
South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund management arm, according...
Aug 28, 2023 (Gmt+09:00)
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Retail
Cuckoo Electronics' duty-free sales in July surge by 592%
South Korea's Cuckoo Electronics Co. announced on Friday that its duty-free sales in July increased by 592.6% compared to the same period last year,...
Aug 25, 2023 (Gmt+09:00)
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Artificial intelligence
Doosan Robotics to develop GPT-based collaborative robots
Doosan Robotics, a subsidiary of South Korea's Doosan Group specializing in robot solutions, is venturing into the development of collaborative robo...
Aug 24, 2023 (Gmt+09:00)
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Corporate strategy
LG Group accelerates shift toward AI, bio and clean tech
Artificial intelligence, bio and clean tech are in their early stages of development for LG Group, but they should lead the South Korean conglomerat...
Aug 24, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean to raise $1.5 bn to boost warship business
South Korea's Hanwha Ocean Co. will secure 2 trillion won ($1.5 billion) in fresh capital through rights issues, the company said on Wednesday, as t...
Aug 23, 2023 (Gmt+09:00)
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Retail
Lotte’s intra-group merger, business integration fare well
Lotte Mart and Lotte Super are leading Lotte Group’s efforts to streamline the overlapping businesses of its units. Their second-quarter resul...
Aug 23, 2023 (Gmt+09:00)
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Bio & Pharma
DongKoo Bio & Pharma to enter Philippine healthcare market
South Korea’s DongKoo Bio & Pharma Co. on Tuesday said it signed a memorandum of understanding with the Philippine healthcare group Adizat...
Aug 23, 2023 (Gmt+09:00)
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Business & Politics
Korea’s business lobby group FKI goes down in history in disgrace
The Federation of Korean Industries (FKI), the voice of the conglomerates that formed the engine of the South Korean economy for more than five deca...
Aug 22, 2023 (Gmt+09:00)