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Indonesian authorities are investigating allegations of illegal loans linked to the bankruptcy of Sritex, the country’s largest textile
HD Hyundai has partnered with U.S. robotics firm Persona AI and industrial robotics specialist Basil Company. The collaboration
SK Pharmteco, a pharmaceutical contract development and manufacturing organization (CDMO) subsidiary of SK Group, has commenced operations at
LG Electronics participated for the first time in the North Carolina Energy Conference, targeting the growing demand for
(Photo=Indonesian Presidential Palace) Byun Jong-oh, president of KCC Glass, has proposed an expansion of subsidized industrial natural gas pricing (HGBT) to the Indonesian government. The move aims to secure favorable gas supply conditions in advance of a planned local glass factory expansion, accelerating the company’s strategy to target Southeast Asia and global markets with enhanced price competitiveness. According to the
(Photo=Motionelements) Cryptocurrency asset management firm Grayscale Investments recently met with the U.S. Securities and Exchange Commission (SEC) to discuss the potential introduction of staking functionality into Ethereum-based exchange-traded products (ETPs). The crypto market is speculating that this meeting could also influence the approval of ETFs tied to other coins, such as Solana. According to foreign reports on the Apr 29th,
(Photo=LG Energy Solution) LG Energy Solution is partnering with French battery recycling company Derichebourg to build a joint electric vehicle (EV) battery recycling plant. The facility, with an annual capacity of 20,000 tons, will be constructed in northern France and begin operations next year. The move is a proactive response to Europe’s mandatory battery recycling regulations and aims to secure
(Photo=Ulaanbaatar) Samsung C&T, Kolon Global, and ILSUNG Construction have thrown their hats into the ring for the Ulaanbaatar metro project in Mongolia, a massive undertaking with a total budget of $2.3 billion. According to the Ulaanbaatar city government on the 29th, 27 companies, including Samsung C&T, Kolon Global, and ILSUNG Construction, participated in the initial bidding for the metropolitan subway
(Photo=Thanh Hoa) The bidding process for the liquefied natural gas (LNG) power plant development project in Thanh Hoa Province, Vietnam, has resumed after a six-month hiatus. As the project is considered a key initiative for Vietnam’s energy transition, attention is focused on whether South Korean companies can secure the contract. According to the Nghi Son Economic Zone and Industrial Park
