NEWS
Korean entrepreneurs pivot toward ASEAN on back of New Southern Policy
...as of transportation, infrastructure and energy in the region. In Indonesia in 2014, steel giant Posco opened Krakatau Posco, Southeast Asia’s first-ever integrated steel mill, with a production capacity of 3 million tons...
Dec 16, 2018
POSCO Daewoo to conduct exploration drilling at Myanmar offshore well
POSCO Daewoo Corp. said Monday that it will conduct exploration drilling at an offshore well in Myanmar. (Yonhap) The South Korean trading company said in a regulatory filing that it has secured th...
Dec 10, 2018
Posco to donate W10b for the needy
South Korea’s largest steelmaker Posco plans to donate 10 billion won ($8.88 million) to assist und...2 billion won to the Community Chest of Korea. Posco Chairman Choi Jung-woo (Posco) Posco has been...
Posco Daewoo to construct free solar plant in Myanmar
Posco Daewoo, the trading unit of Posco, held a groundbreaking ceremony for a solar plant that it will build for free of charge on an island in Myanmar in hopes of boosting ties with the country, the...
Dec 9, 2018
Top biz group operating profits down if Samsung Elec, SK hynix are excluded
...nglomerates, reported a 52 percent on-year gain in operating profit, with numbers also up for SK, POSCO, GS and Nonghyup. Others, such as Hyundai Motor Group, LG, Lotte, Hanwha and Hyundai Heavy Indu...
Seoul shares end lower on skepticism about US-China trade deal
... market bellwether Samsung Electronics Co. falling 2.29 percent to 40,500 won, leading steelmaker POSCO declining 0.40 percent to 248,000 won and No. 1 chemical firm LG Chem Ltd. shedding 0.28 percent...
Dec 6, 2018
Seoul shares extend losses in late morning trading
...falling 1.93 percent, No. 2 chipmaker SK hynix Inc. declining 2.20 percent and leading steelmaker POSCO shedding 0.60 percent. Among gainers, top carmaker Hyundai Motor Co. jumped 4.19 percent on new...
Posco C&C completes color steel plant in Pohang
Posco Coated & Color Steel Co. has completed the construction of a plant in Pohang, North Gyeongsan...f home appliances, the company