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K-water Weighs Investment in Liverpool Tidal Power Project; Daewoo E&C Seen as Potential Beneficiary

K-water Weighs Investment in Liverpool Tidal Power Project; Daewoo E&C Seen as Potential Beneficiary

Photo=K-water Korea Water Resources Corporation (K-water) is considering investing in a large-scale tidal power dam project on the River Mersey in Liverpool, England — a move that could create new opportunities for South Korean builder Daewoo Engineering & Construction (Daewoo E&C), which has previously collaborated with K-water on tidal energy projects. K-water signed a Memorandum of Agreement (MOA) with the

Nov 6 2025
12:00 PM PST
Paris Baguette Expands Rapidly in North America with Over 285 New Stores in 2024, Marking 19 Straight Quarters of Growth

Paris Baguette Expands Rapidly in North America with Over 285 New Stores in 2024, Marking 19 Straight Quarters of Growth

Photo=Paris Baguette Paris Baguette, the French-inspired bakery café chain owned by South Korea’s SPC Group, is accelerating its expansion across North America, underscoring its resilience amid a slowing food service market. The company has opened or signed contracts for roughly 285 new stores so far this year, while achieving its 19th consecutive quarter of revenue growth. According to Paris Baguette

Nov 6 2025
11:00 AM PST
How Lotte Turned a Korean Snack into a Global Hit

How Lotte Turned a Korean Snack into a Global Hit

(Photo=Pepero instagram) South Korean food giant Lotte Wellfood has found a new recipe for global success: blending a beloved local snack with the unstoppable force of K-pop. Sales of its chocolate-covered biscuit stick Pepero are projected to hit a record $167 million this year, a result not only of strong demand at home but also of the brand’s growing presence

Nov 6 2025
10:00 AM PST
South Korea’s Economic Gloom Signals Broader Risks for Global Recovery

South Korea’s Economic Gloom Signals Broader Risks for Global Recovery

(Photo=Pixabay) South Korea’s economic rebound is failing to lift public confidence, revealing a growing sense of fatigue among consumers in one of Asia’s most advanced economies — and raising questions about how far the global recovery can go without renewed optimism. A new survey from the Center for Social Value Enhancement Studies (CSES), a Seoul-based nonprofit research institute established by

Nov 6 2025
09:00 AM PST
Lotte Shopping Secures Major Funding Deal with Japan’s SMBC to Drive North American Expansion

Lotte Shopping Secures Major Funding Deal with Japan’s SMBC to Drive North American Expansion

Photo=SMBC Lotte Shopping, the retail arm of South Korea’s Lotte Group, has secured a significant financing deal with Japan’s Sumitomo Mitsui Banking Corporation (SMBC), marking a major step in its strategy to diversify global funding sources. The move underscores Lotte’s ambition to strengthen its presence in North America through proactive investment. The signing ceremony took place in Seoul on November

Nov 5 2025
12:00 PM PST