Governor Mike Dunleavy of Alaska is scheduled to visit South Korea from the 24th to the 25th to request investments from the Korean side for the Alaska liquefied natural gas (LNG) development project. As Japan and Taiwan express their investment intentions in the Alaska LNG project promoted by the D...
Yesco Holdings, the holding company of LS Group, announced on the 20th that it has changed its name to INVENI. This decision aims to strengthen its identity as an investment-type holding company. INVENI is a name inspired by the Latin word 'inveniō,' which means 'to discover.' It embodies the '2030 ...
POSCO Group will establish a global trade policy team directly under the chairman to enhance the group’s response capability to the rapidly changing domestic and international trade environment. The assessment criteria for the chairman's third term have also been raised. The group's holding company,...
Gu Ja-eun, chairman of LS Group, is accelerating ambidextrous management. Ambidextrous management is a strategy that strengthens the group's core power infrastructure and energy solution business while developing new businesses such as batteries, electric vehicles, and semiconductors to cultivate fu...
Korean Air will participate in the drone exhibition 'DSK (Drone Show Korea) 2025,' which will be held at BEXCO in Busan from the 26th to the 28th. DSK is the largest drone exhibition in Asia, hosted by the Ministry of Trade, Industry and Energy, Ministry of Land, Infrastructure and Transport, Minist...
Asiana Airlines will operate mileage-dedicated flights on routes to the United States starting in April. A total of six mileage-dedicated flights are planned on the gold routes of Incheon to Los Angeles and Incheon to New York. Asiana Airlines began accepting reservations for the international fligh...
LS ELECTRIC will add the LS brand to KOC Electric and THiRA-UTECH, which it acquired last year. On the 20th, LS ELECTRIC announced that its subsidiary KOC Electric will be renamed LS Power Solutions and THiRA-UTECH will be renamed LS THiRA-UTECH. LS ELECTRIC explained the name change as "a meas...
Samsung Heavy Industries and Hanwha Ocean recently secured shipbuilding contracts worth 5 trillion won over the past two days. As the U.S. government under Donald Trump heightens its efforts to contain the Chinese shipbuilding and shipping industry, orders are continuing to flow to South Korean ship...
LS ELECTRIC has secured a contract to supply a power system worth 160 billion won to a data center of a big tech corporation in the United States. LS ELECTRIC announced on the 18th that it has signed a contract worth 162.5 billion won ($111.71 million) for a big tech data center project with its U.S...
Hanwha Group has acquired equity in the Australian shipbuilding and defense company Austal, becoming a major shareholder. Hanwha Group plans to accelerate its push into the global shipbuilding and defense market. On the 18th, Hanwha announced that it directly purchased 9.9% of Austal’s equity throug...
