State spending on strategic industries to surge 43% next year SEOUL, Nov. 17 (Yonhap) -- South Korean business leaders are set to meet Saudi Arabia's Crown Prince Mohammed bin Salman in Seoul on Thursday afternoon to discuss business cooperation, including the construction of a futuristic mega city. Samsung Electronics Executive Chairman Lee Jae-yong, SK Group

State spending on strategic industries to surge 43% next year By Kim Seung-yeon SEOUL, Nov. 11 (Yonhap) -- GS Caltex Corp., a major South Korean refiner, said Friday it has completed the construction of a new olefin cracking facility on the country's southwest coast, as it seeks to expand the petrochemical business. The new mixed

State spending on strategic industries to surge 43% next year SEOUL, Nov. 8 (Yonhap) -- Hyundai Motor Group said Tuesday it has signed an initial pact with a Chinese investment bank to push forward its commercial car business in the world's biggest automobile market. Hyundai Motor Group China has signed a memorandum of understanding with

State spending on strategic industries to surge 43% next year James Choi, executive vice president at Samsung Biologics, speaks on partnering with contract development and manufacturing organizations at the 2022 Convention on Pharmaceutical Ingredients Worldwide, in Frankfurt, Germany, Wednesday. (Samsung Biologics) FRANKFURT, Germany -- Samsung Biologics’ top official on Wednesday stressed the importance of contract

State spending on strategic industries to surge 43% next year SEOUL, Nov. 1 (Yonhap) -- POSCO International Corp. said Tuesday it has signed an initial deal with a Dutch partner for collaboration in a next-generation transportation system. The agreement with Hardt Hyperloop commits the South Korean company to providing rolled steel to the European Hyperloop

State spending on strategic industries to surge 43% next year Hyundai Motor Group Chairman Chung Euisun (left) and Prime Minister of Czech Republic Petr Fiala pose for a photo after holding talks on Busan’s bid to host the 2030 World Expo and on the electrification of the carmaker's manufacturing plant in the Czech Republic on

State spending on strategic industries to surge 43% next year SEOUL, Oct. 24 (Yonhap) -- South Korea and a group of Arab countries launched a new round of negotiations for their free trade deal in Seoul on Monday, the trade ministry here said. The sixth round of official talks for a bilateral free trade agreement

State spending on strategic industries to surge 43% next year SEOUL, Oct. 20 (Yonhap) -- South Korea and Oman agreed Thursday to boost cooperation on energy and in new industry fields to ensure stable energy supply chains, the trade ministry here said. The consensus was reached during a meeting between Trade Minister Ahn Duk-geun and

State spending on strategic industries to surge 43% next year This photo offered by GM Korea shows Shilpan Amin, GM's senior vice president and head of GM's overseas division. (GM Korea)   CHANGWON -- General Motors Co. said Wednesday it is targeting to transform its South Korean operations into a "profitable and sustainable business" next

State spending on strategic industries to surge 43% next year SEOUL, Oct. 14 (Yonhap) -- POSCO Group, South Korea's top steelmaking group, on Friday broke ground for a plant that refines high-purity nickel to be used for electric vehicle batteries in a move to further solidify its secondary battery material business. The facility with an