Seoul redevelopment project
Scope
Date
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Retail
Shinsegae, Galleria woo Louis Vuitton, Rolex for new growth
Louis Vuitton and Rolex brands are status symbols for customers and so they are for department stores in South Korea.Shinsegae Inc. and Hanwha Galle...
Nov 08, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean to join Canadian patrol submarine project
South Korea's shipbuilder Hanwha Ocean Co. secured a memorandum of understanding (MOU) with four Canadian submarine tech firms at Deep Blue Forum 20...
Nov 06, 2023 (Gmt+09:00)
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Construction & Planning
Heerim wins design contract for Hyundai Motor's Saudi plant
South Korea's Heerim Architects & Planners said on Monday it secured the architectural design contract for Hyundai Motor Co.'s new automobile as...
Nov 06, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS to join New York digital transformation project
South Korea's information technology service provider LG CNS announced on Friday it has signed a memorandum of understanding (MOU) for a digital tra...
Nov 03, 2023 (Gmt+09:00)
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Investment banking
Goldman Sachs promotes YK Yoon in Seoul to MD
The Goldman Sachs Group Inc. named YK Yoon, head of fixed-income, currency and commodities (FICC) of the Seoul office, as a new managing director (M...
Nov 03, 2023 (Gmt+09:00)
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Retail
Louis Vuitton to launch fourth pop-up restaurant in Seoul
The French luxury brand Louis Vuitton will open a pop-up restaurant in South Korea. This is the fourth one since May this year.According to company ...
Nov 03, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea mulls plan B as Indonesia falls behind on KF-21 project payments
Indonesia, a partner of South Korea’s KF-21 fighter jet development project, has failed again to notify the Korean government of its plan to p...
Nov 01, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Engineering secures $349 mn bio plant deal
South Korea's Samsung Engineering secured a deal for the Songdo Bio Raw Material Plant construction project from the global life sciences and labora...
Nov 01, 2023 (Gmt+09:00)
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Beauty & Cosmetics
CJ Olive Young opens specialized store for foreigners in Seoul
South Korea's health and beauty store chain CJ Olive Young announced on Wednesday it has changed its flagship store Olive Young Myeongdong Town as...
Nov 01, 2023 (Gmt+09:00)
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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...
Oct 31, 2023 (Gmt+09:00)
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Earnings
S-Oil basks in hefty Q3 profit, expects strong winter demand
S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., said on Monday it swung to a net profit in the third quarter from a loss the year earli...
Oct 30, 2023 (Gmt+09:00)
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Retail
CU to sell souvenir snack set for foreign tourists
South Korean convenience store chain CU next month will launch a souvenir snack set for foreign tourists.This will be the first product of its kind ...
Oct 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver Cloud to offer edutech service in Mongolia
South Korea's Naver Cloud, the cloud computing arm of Naver Corp., announced on Tuesday it will participate in the Digital Classroom Project of Mong...
Oct 25, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver secures $100 mn digital twin project in Saudi Arabia
South Korea's dominant web portal giant Naver Corp. has won a contract to develop a Digital Twin platform for Saudi Arabia's Ministry of Municipal a...
Oct 24, 2023 (Gmt+09:00)
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ASK 2023
Alternative investment forum ASK 2023 to begin Oct. 25 in Seoul
Major institutional investors in South Korea and global asset managers will share their views on the world economy and asset allocation strategies a...
Oct 23, 2023 (Gmt+09:00)
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Business & Politics
South Korea attracts more African countries to food project
South Korea is increasing the number of African countries participating in its official development assistance (ODA) project to alleviate the chroni...
Oct 20, 2023 (Gmt+09:00)
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Retail
HDC IPark Mall opens S.Korea's first Nintendo pop-up store
South Korea’s HDC IPark Mall has opened Japanese game giant Nintendo’s first official pop-up store at the Yongsan location in Seoul fr...
Oct 20, 2023 (Gmt+09:00)
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Retail
Lotte Duty Free focuses energy on stores in Seoul
South Korea’s Lotte Duty Free, which removed its stores from Incheon International Airport in late June, is channeling its energy toward boost...
Oct 20, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI, Lockheed Martin to team up for large utility helicopter
Korea Aerospace Industries Ltd. (KAI) and the US-based Lockheed Martin Corp. have agreed to collaborate on entering the special operations large uti...
Oct 18, 2023 (Gmt+09:00)
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Real estate
Brookfield puts Conrad Seoul on market at over $370 mn
Brookfield Asset Management is seeking to sell off five-star hotel Conrad Seoul at more than 500 billion won ($369.5 million), tapping real estate i...
Oct 17, 2023 (Gmt+09:00)
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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...
Oct 17, 2023 (Gmt+09:00)
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Korean startups
100 new South Korean AI vanguards to be unveiled
One hundred new South Korean startups at the vanguard of development of innovative AI technology will be unveiled later this month, according to The...
Oct 16, 2023 (Gmt+09:00)
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Robotics
Hanwha Robotics produces kitchen automation robots
South Korea’s Hanwha Robotics on Sunday announced its signing of an agreement on the development and commercial use of a robotics system for k...
Oct 16, 2023 (Gmt+09:00)
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Electric vehicles
Kia to build 2nd purpose-built vehicle plant in Korea
Kia Corp., South Korea’s second-largest automaker, plans to build another purpose-built vehicle (PBV) factory in the country, despite the risk...
Oct 13, 2023 (Gmt+09:00)
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Energy
KHNP closes in on Romania’s nuclear plant refurbishment project
Korea Hydro and Nuclear Power Co. (KHNP) is eyeing to participate in a project to refurbish Romania-based Cernavoda Nuclear Power Plant’s unit...
Oct 12, 2023 (Gmt+09:00)
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Real estate
Mirae Asset puts HI Investment headquarters on the market
South Korea’s Mirae Asset Global Investments Co. is seeking to sell off HI Investment & Securities Co. headquarters, the value of which is...
Oct 12, 2023 (Gmt+09:00)
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Travel & Leisure
Seoul to launch AI chatbot service for foreign visitors' tour planning
Seoul city government is in talks with tech firms including Google LLC, Microsoft Corp. and Naver Corp. to provide foreigners with artificial intell...
Oct 11, 2023 (Gmt+09:00)
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Bio & Pharma
NGeneBio joins US gov't Cancer Moonshot project
South Korean medical diagnostic company NGeneBio Co. announced on Tuesday it joins US President Joe Biden's cancer-conquering project "Cancer Moonsh...
Oct 10, 2023 (Gmt+09:00)
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Food & Beverage
Daesang holds kimchi pop-up event in Seoul
South Korean food company Daesang Corp. on Friday said it is holding through Oct. 15 the country’s first kimchi pop-up store “Kimchi Bla...
Oct 06, 2023 (Gmt+09:00)
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Construction
Samsung C&T to join Indonesia's smart city project
South Korea's Samsung C&T Corp. announced on Friday that it has signed a memorandum of understanding (MOU) with Indonesia's premier real estate ...
Oct 06, 2023 (Gmt+09:00)