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Trio bidding for Congolese hydropower PPP

Chinese, South Korean and Spanish firms are all in the running to develop a hydropower PPP in the Congo. Three consortiums are in the running and preparing bids, including one led by China’s Three...

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Park: S. Korea willing to help N.K. rebuild infrastructure, joint...

SAINT PETERSBURG, Russia — President Park Geun-hye said South Korea is prepared to help North Korea rebuild its tattered infrastructure and join international organizations if the isolated communist...

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World’s largest vessel launched by Samsung

South Korean shipbuilder Samsung Heavy Industries has floated a tanker-shaped vessel tagged as the world’s largest “floating facility” with a length greater than the height of the Empire State...

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Theft of Data Fuels Worries in South Korea

SEOUL, South Korea — A string of senior executives at three credit card companies in South Korea offered to resign on Monday after a huge theft of client data that may have affected 20 million people...

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South Korea Plans Airport Near Disputed Islets

South Korea has a new plan to help bolster its sovereignty over islets disputed with Japan. By 2020, Seoul aims to build an airport on a nearby island that will drastically cut the travel time needed...

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Russia to extend Trans-Eurasian rail project to Korea

Russia will team up with North and South Korea in a railroad construction project that could restore peace between the two neighbors. The link will extend the world’s longest railroad, so goods can be...

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North Korea slams Kim assassination comedy as ‘act of terror’

SEOUL, South Korea – North Korea on Wednesday, June 25, denounced a new Hollywood comedy about an assassination bid on leader Kim Jong-Un as a “wanton act of terror” and warned of a “merciless...

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China invites Korea to join Asian Infrastructure Investment Bank

China has invited South Korea to join a project that involves setting up a new multilateral investment bank to fund infrastructure projects in Asia. The Chinese government recently requested for the...

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South Korea invited to join in establishing bank

China welcomes South Korea’s participation in the establishment of the Asian Infrastructure Investment Bank, President Xi Jinping said in Seoul on Friday. “Companies in the two countries may engage in...

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S. Korea bids to host China-initiated infrastructure bank HQ: report

South Korea has put in a bid to host the headquarters of a new infrastructure investment bank that China wants to set up as a counterbalance to the Asian Development Bank led by the United States and...

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Korea asks China for the AIIB headquarters

The Korean government asked China to put the headquarters of the Asia Infrastructure Investment Bank (AIIB) in Seoul or Songdo, according to sources confirmed by the JoongAng Ilbo yesterday. Korea was...

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