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Chairman Kim Seung-youn of Hanwha Business Group shakes hands with a foreign crew during his recent tour to the construction site of the Bismayah New City in Iraq. (Photo:Hanwha) Chairman Kim Seung-youn of Hanwha Business Group made another feat in Iraq. Chairman Kim won an additional $2.12 billion…
A drawing of a row of Prugio apartment buildings to be built in Bukahyon-dong, Seoul, by Daewoo E&C for completion in November, 2017.(Photo:Daewoo E&C)Daewoo Engineering and Construction Co. opened a model house on April 10 for the Ahyon Prugio apartment complex, which will be built in the B…
President Lee Jae-young of Korea Land and Housing Corp.(Photo:LH) Korea Land and Housing Corp. (LH) posted over 1 trillion won in net profit last year, while the company’s debts were reduced for the first time since 2009 when the new company was born from the merger of the Korea Housing Corp and K…
This photo shows the route of the projected Seoul Jemulpo Tunnel.  A project to build a 7.53 km-long underground tunnel below Jemulpo Road, which leads from Shinwoel Interchange — the existing representative traffic bottleneck junction between the Gyeongin Expressway and Nambu Ring …
President Chung Su-hyun of Hyundai Engineering and Construction Co., and Vice Chairman John Rice of General Electric hold the copy of an MOU they signed for their  companies on cooperation on a wide range of areas from energy and infrastructure to construction, including  hospitals at the …
A view of a construction site somewhere in the Middle East.(Photos:Daewoo E&C) Daewoo E&C has been turned around, posting a profit last year, erasing the deficit it recorded the year before under the leadership of President Park Young-shik, who took over the helm of the ailing company in Ju…
Rep. Huh Sun-haeng of the Plant Division of GS E&C shakes hands with President Anton Castillo of PDVSA Gas, the owner of the project, after signing an agreement assigning the Korean builder to take charge of the huge Pirital-I Project in Caracas, Venezuela recently. The project to build  ga…
Members of Samsung C&T social service team gives a key to  a house they built overseas to the residents who will occupy the new house. (left photo). The Social Service Team  gives a sheep to a villager so that he can grow it.(right photo)Samsung C&T Co., together with Korea Habita…
POSCO E&C and Sun Metals sign a deal for a steelmaking and rolling mill.  POSCO Engineering & Construction Co. signed a $400 million (415.8 billion won) contract for a steelmaking and rolling mill plant with Sun Metals LLC in Oman on Nov. 24.  Attending the contract signing cerem…
Officials from Daelim Industrial and Abeinsa Co. pose for a group photo after the two companies signed an MOU to cooperate in the latter's projects.Daelim Industrial Co. signed an MOU with Abeinsa Co. to cooperate on the Spanish company’s projects on hydro-electric generation dam, portable water …
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Economy/Finance
최종구 금융위원장이 고(高) 총부채원리금상환비율(DSR) 기준에 대해 은행업권 별로 차등화한다는 입장을 밝혔다.또 고DSR 기준으로 취약계층 차주들이 겪는 대출의 어려움을 고려해 DSR이 제외되는 서민상품금융을 확대하는 방안을 마련하기로 했다.16일 최종구 금융위…
Chairman Yoon Jong-kyoo of KB Financial Group speaks at a ceremony for the opening of KB Kookmin Bank’s third branch in Cambodia early last year. (Photo: KB Financial Group)Chairman Yoon Jong-kyoo has been on a trip to Southeast Asia after stopovers…
Chairman Eun Song-soo of the Import and Export Bank of Korea(Korea Eximbank),left, beams after signing an EDCF loan agreement with Chairman Tarek Gamal El-Din Galal of the Egyptian Authority for Tunnels on Aug. 28 at Korea Eximbank’s Seoul head offi…
President Sohn Tae-seung of Woori Bank. (Photo: Woori Bank)Woori Bank is on track to accomplish the seven management tasks laid out by Chairman Sohn Tae-seung when he took over the helm of the bank last December.The tasks included securing a foundati…


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