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Home » Archives for March 5, 2024 » Page 4

March 5, 2024

Daewoo EandC sells bonds worth 150 mln in Singapore dollars

March 5, 2024

SEOUL, Major South Korean builder Daewoo Engineering and Construction Co. (Daewoo EandC) said Tuesday it has successfully conducted a 150 million-Singapore dollar (some US$111 million) bond sale in the city-state.

The five-year bonds, which have rece…

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Science ministry to invest 730.8 bln won in software industry

March 5, 2024

SEOUL, The science ministry said Tuesday it will allocate 730.8 billion won (US$548.7 million) this year to bolster the local software industry, with a particular focus on the software as a service (SaaS) sector, as part of its effort to enhance South…

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DP leader Lee, ex-Justice Minister Cho pledge cooperation to win April elections

March 5, 2024

SEOUL, Opposition leader Lee Jae-myung and Cho Kuk, the scandal-tainted former justice minister who recently formed a new party, pledged Tuesday to work together to overcome what they call the Yoon Suk Yeol administration’s “prosecutor dictatorship.”
…

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U.S. warship enters naval base in Jeju for replenishment purpose

March 5, 2024

SEOUL, A U.S. Navy destroyer arrived at a naval base on the southern island of Jeju on Tuesday for a replenishment purpose, the South Korean Navy said.

The USS Higgins Arleigh Burke-class destroyer entered the base to replenish supplies and for crewm…

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4 budget airlines shortlisted as candidates for Asiana Airlines’ cargo unit

March 5, 2024

SEOUL, Four low-cost carriers have been shortlisted as suitable candidates to acquire the cargo division of full-fledged carrier Asiana Airlines Inc., according to industry sources Tuesday.

According to the sources, financial services firm UBS, taske…

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