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Wed, June 29, 2022 | 23:00
Montes the ’Ripoff’ Alpha
The high price tag of the Chilean Montes Alpha wine has raised eyebrows in Korea.
Hyundai Heavy halts solar panel plant
Hyundai Heavy Industries, the top shipbuilder in South Korea, has suspended production at its 50-megawatt No. 1 solar panel plant since June, as the solar energy industry declines in the aftermath of the economic slowdown in the United States and Europe, officials of the firm said Tuesday.
Nonghyup opens first organic farm food cafe
It’s almost a ritual in Korea for office workers to stop at a coffee shop after lunch for a jolt of caffeine. Koreans love coffee but for both one’s health and budget an option is to replace coffee and all related concoctions with juice.
GS Construction going 3D
GS Engineering & Construction (E&C), a top-tier builder in Korea, plans to adopt an up-to-date technology of creating a digital, three-dimensional model of the physical and functional elements of a building project, the firm said Thursday.
Hanwha chairman calls for amending fossil fuel subsidies
Hanwha Group Chairman Kim Seung-youn called for global efforts to phase out fossil-fuel subsidies Wednesday in bids to raise national revenues and reduce greenhouse-gas emissions.
Construction of new KEPCO main office begins
Construction began Wednesday to build a new, state-of-the-art headquarters for the Korea Electricity Power Corporation (KEPCO) in Naju, South Jeolla Province. The eventual relocation will end the state-controlled power company’s 50 years of Seoul-based operations and open a new chapter for more energy-efficient, eco-friendly power generation.
Overseas construction orders reach $41 billion
Korean construction companies have secured orders worth $41 billion from overseas, according to the International Construction Association of Korea (ICAK) Tuesday, with expectations high that total orders by the year’s end will near the target of $60 billion.
Lotte, Shilla set to clash in Hong Kong
Korean rivals Lotte Duty Free and Shilla Duty Free are set to face off in Hong Kong with both looking to open outlets at the airport there.
Hanwha plans to build hot-spring resort in China
Hanwha China, a business arm of Korea’s Hanwha Group, plans to build a hot-spring resort in a leisure complex in Dalian, Liaoning Province, in collaboration with China’s Yida Group.
GS Construction wins German design award
GS Engineering & Construction won the iF communication design award in Germany for its FAMI-TOGRAM, which is a pictogram of family members, Monday. Signboards with the pictogram design are used in showing visitors around an apartment complex, a GS official said.
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