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S. Korea’s Tallest Skyscraper Receives Eco-friendly Certification

S. Korea’s Tallest Skyscraper Receives Eco-friendly Certification

SEOUL, Jun. 22 (Korea Bizwire) — South Korea’s tallest skyscraper built by retail giant Lotte Group received a green building certificate from a U.S.-based environment organization, Lotte Corp. said Wednesday. The 123-story Lotte World Tower received a Gold rating in the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) system, the conglomerate [...]

Local Builders Jittery about New Gov’t Eco-Friendly Energy Policy

Local Builders Jittery about New Gov’t Eco-Friendly Energy Policy

SEOUL, May 25 (Korea Bizwire) – Environment-friendly energy policies pledged by the Moon Jae-in administration are raising concerns among local builders, which fear power plant construction projects may take a hit, industry officials said Thursday.  The chief executive said during his campaign that he will stop all new construction of coal-fired power plants and review [...]

SK China Appoints Ex-Investment Banker as CEO in Major Shake-Up

SK China Appoints Ex-Investment Banker as CEO in Major Shake-Up

SEOUL, May 16 (Korea Bizwire) — SK Group has appointed Jerry Wu, a former financial expert in investment banking, as the new CEO of SK China as part of a major shake-up to revamp its business strategy amid Chinese economic sanctions and anti-South Korean sentiment over the deployment of a THAAD missile defense system, the [...]

Samsung Apartments Equipped with Anti-Fine Dust Systems

Samsung Apartments Equipped with Anti-Fine Dust Systems

SEOUL, April 18 (Korea Bizwire) – Samsung Construction & Trading Corporation announced Monday that it is introducing fine dust filtering systems and air quality control devices at its upcoming Raemian apartments in Sinbanpo and Seokgwan-dong, Seoul.  The IoT Home Cube, a portable device developed by Samsung C&T’s residential engineering division, measures the fine dust concentration [...]

S. Korea’s Tallest Skyscraper Opens to Public

S. Korea’s Tallest Skyscraper Opens to Public

SEOUL, Apr. 4 (Korea Bizwire) — South Korea’s tallest skyscraper built by retail giant Lotte Group officially opened to the public on Monday, the group’s operating unit said, marking another milestone for the country’s fifth-largest business empire facing a slew of challenges. The opening ceremony of the 123-story Lotte World Tower was attended by top [...]

S. Korea to Start Building ‘Smart city’ in Kuwait in 2019

S. Korea to Start Building ‘Smart city’ in Kuwait in 2019

SEOUL, Apr. 4 (Korea Bizwire) — A consortium of South Korean construction companies will start building an eco-friendly residential city in Kuwait in 2019, the infrastructure ministry said Monday. The builders’ consortium led by POSCO A&C and Hyundai Architects and Engineers Associates Co. plans to build the “smart city” which is environmentally friendly, well-organized and [...]