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  DRB Industrial shares soar 19% on supply deal with Caterpillar

  DRB Holding Co. also gained 12.5 percent to 6,210 won. The contract with Caterpillar, a U.S. construction and civil engineering machinery manufacturer, is worth about 77.6 percent of DRB Industrial’s entire sales of 357.7 billion won in 2023. It...

  2024.05.28
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  Korea’s factory output gains 1.1% in April

  s industrial output index increased 1.1 percent in April from a month earlier. The gain came after a 2.3 percent decline in March after four straight months of growth since November 2023. The mining and manufacturing output increased 2.2 percent...

  2024.05.31
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  Korea’s Transport Ministry to name contractor for Saemangeum Airport

  Hyundai Engineering and Construction Co., and HJ Shipbuilding & Construction Co., which passed the preliminary review in March 2023, will participate. Under the transport ministry’s basic plan announced in 2022, Saemangeum Airport will be built...

  2024.05.28
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  K-SURE to provide $1.3 bn credit for Saudi petrochemical project

  the mega-scale Amiral petrochemical complex project in Saudi Arabia won by South Korean construction company Hyundai Engineering and Construction Co. The Amiral project involves the construction of a petrochemical plant at the Jubail Industrial...

  2024.05.24