Aju Business Daily

Daewoo workers vote to strike against acquisition by Hyundai shipyard

[Daewoo Shipbuilding & Marine Engineering] SEOUL -- The labor union of Daewoo Shipbuilding & Marine Engineering (…

2019-02-19 17:27:39

SK Telecom partners with financial companies for internet-only banking

[Courtesy of SK Telecom] SEOUL -- South Korea's top mobile carrier, SK Telecom (SKT), and two financial compa…

2019-02-19 10:57:59

Busan city seeks to resuscitate S. Korea's biggest desalination plant

[Aju News DB] SEOUL -- South Korea's biggest seawater desalination plant may come back to life, almost five y…

2019-02-18 16:45:17

Philippine banks agree to reschedule debt of Hanjin shipyard in Subic

[Yonhap Photo] SEOUL -- Hanjin Heavy Industries & Construction secured approval from Philippine banks to reschedu…

2019-02-15 12:44:29

SK's anti-epileptic drug gains foothold for commercialization in Europe

[Iclickart] SEOUL -- Arvelle Therapeutics, a European company, reached an exclusive licensing agreement to develo…

2019-02-14 18:20:42

Mobile carrier LGU+ signs deal to acquire top cable channel operator

[Yonhap Photo] SEOUL -- LGU+, a third mobile carrier, signed a deal to acquire a controlling stake in a top cable c…

2019-02-14 17:15:07

Lotte pledges aggressive investment in Vietnam and Southeast Asia

[Aju News DB] SEOUL -- Lotte, South Korea's fifth-largest conglomerate, will make its foray aggressively into…

2019-02-14 09:46:46

Hanjin unveils roadmap to improve transparency and corporate governance

[Yonhap Photo] SEOUL -- South Korea's troubled Hanjin Group came up with a roadmap for transparent management…

2019-02-13 17:58:30

Stock exchange suspends Hanjin shipyard for capital impairment

[Courtesy of Hanjin Heavy Industries & Construction] SEOUL -- Share trading of Hanjin Heavy Industries & Construc…

2019-02-13 16:11:10

Daewoo E&C secures $200 mln loan through UAE bank

[Yonhap Photo] SEOUL -- Daewoo E&C, a Seoul-based builder involved in a lot of construction projects in the Middl…

2019-02-13 13:03:48

Posco Daewoo acquires controlling stake in Ukraine grain terminal

[Courtesy of Posco Daewoo] SEOUL -- Posco Daewoo, a trading company affiliated with South Koren steel giant Posco…

2019-02-13 12:58:43

KB Financial jumps into race to acquire Lotte Capital

[KB Financial Group] SEOUL -- KB, a major financial group in South Korea, jumped in the race to acquire Lotte Cap…

2019-02-12 16:34:22

Hyundai shipyard selected as sole bidder for Daewoo shipyard

[Daewoo Shipbuilding & Marine Engineering] SEOUL -- Hyundai Heavy Industries (HHI), the world's largest shipb…

2019-02-12 14:09:54

Double bottom structure required for small tankers in S. Korea

[Yonhap Photo] SEOUL -- From 2020, all small tankers below 600 DWT (deadweight tonnage) in South Korea must have …

2019-02-12 13:08:16

National Assembly Building to house hydrogen fuel charging station to ease public safety concern

[Yonhap Photo] SEOUL -- In a symbolic move to ease public safety concerns, South Korea's parliament voluntee…

2019-02-11 16:48:56

Fintech unicorn Toss partners with Shinhan to launch internet-only bank

[Viva Republica] SEOUL -- Toss, a fintech unicorn, teamed up with South Korea's leading financial group, Shin…

2019-02-11 16:32:28

CJ E&M promises to make announcement later on proposed deal with LGU+

[CJ ENM] SEOUL -- CJ E&M, a key distributor and exporter of Hallyu (Korean cultural wave) in Asia, promised to ma…

2019-02-11 14:42:31

Room-finding app Yeogi Ottae starts curated accommodation service

[Yeogi Ottae] SEOUL -- After its successful test operation that focused on a limited number of expensive hotel ro…

2019-02-11 13:34:53

Samsung Bioepis forges licensing deal with Chinese private equity firm

[Samsung Bioepis] SEOUL -- Samsung Bioepis, a U.S. and South Korean joint venture company, established a licensin…

2019-02-11 11:03:03

Hyundai Glovis opens business stronghold in Vladivostok

[Hyundai Glovis] SEOUL -- Hyundai Glovis, the logistics wing of South Korea's Hyundai auto group, has opened …

2019-02-08 14:58:47