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Wed, October 4, 2023 | 17:56

Korea's biz circles make final pitch to host 2030 World Expo in Busan

Korea's biz circles make final pitch to host 2030 World Expo in Busan

Korea's business circles, led by big conglomerates like SK and LG, are making all-out efforts in the country's final pitch to host the 2030 World Expo in the southeastern port city of Busan.

2023-10-03 10:45

Korea makes last-ditch bid to host World Expo 2030 in Busan

Samsung chief visits Middle East to explore new businesses

Samsung chief visits Middle East to explore new businesses

Lee Jae-yong, executive chairman of Samsung Electronics and de facto leader of Samsung Group, visited Saudi Arabia, Egypt, and Israel during the Chseok holiday to explore new business opportunities.

2023-10-02 16:39

Samsung SDI to spend $1.97 bil. on 2nd joint US battery plant with Stellantis

Samsung SDI to spend $1.97 bil. on 2nd joint US battery plant with Stellantis

Samsung SDI will spend $1.97 billion on its second battery manufacturing facility it is building in the United States jointly with Stellantis N.V., the South Korean battery maker said in a filing Wednesday.

2023-09-27 15:30

Hyundai E&C to build upmarket apartment complex in Seoul's Gwanak District

Hyundai E&C to build upmarket apartment complex in Seoul's Gwanak District

Hyundai E&C has started selling its new premium apartments in southern Seoul, anticipating it to be a landmark in the region, bustling with new apartment town projects and a subway network.

2023-09-27 14:21

Lotte focuses on health care, mobility to spur growth

Lotte focuses on health care, mobility to spur growth

Lotte Group is pursuing growth with new businesses centered on four themes ? health and wellness, mobility, sustainability and its new life platform - as well as expanding its market dominance through M&As and reorganizing its business portfolio to beef up competitiveness, the group said Wednesday.

2023-09-27 12:54

Biz outlook stays flat for October amid slowing economy

Biz outlook stays flat for October amid slowing economy

Korea's business sentiment remained unchanged for October amid sluggish exports of the country's key products, a central bank poll showed Wednesday.

2023-09-27 09:50

LS Electric partners with CNCITY Energy to spur decentralized power distribution

LS Electric partners with CNCITY Energy to spur decentralized power distribution

Korea's major power distribution technology developer LS Electric has agreed with CNCITY Energy to jointly spur decentralized power distribution in the country by introducing a local-based power distribution system.

2023-09-26 16:51

Builders vie for leadership in modular construction

Builders vie for leadership in modular construction

Competition is heating up among major Korean builders to gain the upper hand in the market for modular construction, which involves producing standardized components of a structure in an off-site factory and assemblage on-site.

2023-09-26 16:41

Late Samsung chairman's love of animals helps change Korea's pet culture

Late Samsung chairman's love of animals helps change Korea's pet culture

Late Samsung Group Chairman Lee Kun-hee’s (1942-2020) love of animals is being rediscovered through his efforts to preserve Jindo dogs, an indigenous Korean breed, and transform the country’s pet culture. Samsung recently celebrated the 30th anniversary of its guide dog training school, also founded by the late leader, according to the group, Tuesday.

2023-09-26 15:58

Industry minister vows to nurture EV sector as new export growth engine

Industry minister vows to nurture EV sector as new export growth engine

New Industry Minister Bang Moo-kyu visited a factory of Hyundai Motor on Tuesday and vowed extended support for the electric vehicle (EV) sector to boost the country's exports and the overall economic growth, his office said.

2023-09-26 15:32

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Top 10 Stories

1	Public transit fares to increase in Seoul and Busan this week

2	Ruling party vows to investigate China's alleged influence operations

3	Genesis GV80 Coupe looks to compete with Mercedes-Benz, BMW

4	Korean steelmakers on alert over initiation of EU carbon border tariff

5	30 out of 74 major financial companies lack female board member

6	Korean shipbuilders seek lead over Chinese rivals in selling LNG carriers to Qatar

7	Hyundai, Kia to extend earnings rally on strengthening dollar, solid sales

8	Lawmakers want chairmen of financial firms held accountable over misconduct

9	Dong-A Socio Group’s honorary chairman passes away at 96

10	Returning home from Chuseok holiday

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