Investigation launched over claim of survivors in ship

The Korea Herald > Business > Industry

Hyundai Rotem preferred bidder for $1.4b Ivorian railroad project

An international consortium, including the Korean train maker Hyundai Rotem, has recently been named the sole preferred bidder for building a 1 billion euro ($1.4 billion) railway in Abidjan, the capital city of Ivory Coast, company officials confirmed Wednesday.On Friday, the Ivorian tran...

Updated : 2014.04.16 20:32

Large firms demand too much info from job seekers: survey

Large businesses in South Korea demand too much information from job applicants that violate privacy and can be used for discriminatory purposes, such as their religions, marital status and the academic backgrounds of their parents, a survey showed Wednesday.A team of four college students...

Updated : 2014.04.16 20:31

Hyundai Motor kicks off grassland development project in China

  Hyundai Motor Co., South Korea's No. 1 carmaker, said Wednesday that it will kick off a massive grassland development project in China as part of its effort to preserve the environment and reduce the frequency of sand storms that periodically blow into South Korea.   The company, whic...

Updated : 2014.04.16 19:30

Large firms demand too much info from job seekers: survey

Large businesses in South Korea demand too much information from job applicants that violate privacy and can be used for discriminatory purposes, such as their religions, marital status and the academic backgrounds of their parents, a survey showed Wednesday.A team of four college students...

Updated : 2014.04.16 11:17

GS E&C wins $5.35m Venezuelan plant supervision contract

GS E&C, one of South Korea’s leading builders, said Tuesday that it won a $5.35 million contract to supervise the expansion of an oil refinery plant in Venezuela.The company said it would serve as the project management company to check the engineering, procurement and construction proces...

Updated : 2014.04.15 20:59

Korean Air to resume Incheon-Irkutsk flights in May

Korea’s top carrier Korean Air said Tuesday that it would resume its flights between Incheon International Airport and Russian Siberia’s Irkutsk in May. The first flight of the year on the route will be made on May 19 with twice-weekly services scheduled until Oct. 25, Korean Air said. F...

Updated : 2014.04.15 20:59

Games lead Korea’s cultural exports

South Korea’s games exports in 2012 came to $2.6 billion, more than half of the country’s export of cultural products, far outdoing K-pop, a report showed Monday.The country’s export of computer an...

Updated : 2014.04.14 20:39

Sales of gadgets to slow: report

The global sales of smartphones, tablets, personal computers and video game consoles are expected to slow down starting this year as consumers are less eager to snatch up new products, according to a ...

Updated : 2014.04.14 20:25

Conglomerate Eland vows to develop popular soccer team

Eland on Monday expressed its ambition to create a Seoul-based soccer club.“We will try to put together the most popular football club in the nation,” said Park Sung-kyung, the company’s vice chair...

Updated : 2014.04.14 20:24

Korean Air, Asiana Airlines bet big on Paris routes

The nation’s two top airlines ― Korean Air and Asiana Airlines ― are pouring more resources into the lucrative Incheon-Paris route with the aim of appealing to high-spending travelers, and more imp...

Updated : 2014.04.14 20:24

South Korean companies ink $12b clean fuel project in Kuwait

South Korea‘s leading builders said Monday they sealed a $12 billion package deal to upgrade and set up the latest oil refinery and petrochemical facilities in Kuwait.The Clean Fuel Project, ordered by the Kuwait National Petroleum Co., calls for revamping eco-friendly production systems ...

Updated : 2014.04.14 20:23

[SUPER RICH] Sports stars become ‘superrich’

Global sports stars are becoming another breed of superrich.From jaw-dropping paychecks to endorsements and investment returns, the young, athletic and beautiful are raking in money with their talent ...

Updated : 2014.04.14 20:22

Samsung to make announcement on workers’ leukemia

Samsung Electronics on Monday said it would announce its formal position on the alleged link between deaths and leukemia among its staff and working conditions at its semiconductor plants, after activ...

Updated : 2014.04.14 15:29

Former Lotte Homeshopping head quizzed over alleged graft

The former head of television-based retailer Lotte Homeshopping Co. was called in by prosecutors Monday to face questioning over suspicions of receiving kickbacks from suppliers.Shin Heon, who headed the retailer from 2008 to 2012, entered the Seoul Central District Prosecutors' Office in ...

Updated : 2014.04.14 10:02

LG set to lead OLED TV market

LG Electronics, the nation’s second-largest television maker, is expected to have the upper hand in the growing organic light-emitting diode television markets with a higher yield rate and better tec...

Updated : 2014.04.13 19:52