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Samsung’s Mobile Biz to Benefit from Anti-China Sentiment in India

Samsung’s Mobile Biz to Benefit from Anti-China Sentiment in India

SEOUL, July 11 (Korea BIzwire) — Samsung Electronics Co. is expected to increase its presence in the Indian smartphone market on growing anti-China sentiment in the South Asian nation, analysts here said Saturday. Sinophobia is growing in India with a public boycott of Chinese-made goods following the deaths of 20 Indian soldiers in last month’s [...]

Naver, Kakao Tipped to Report Strong Q2 Earnings amid Pandemic

Naver, Kakao Tipped to Report Strong Q2 Earnings amid Pandemic

SEOUL, July 11 (Korea BIzwire) — Naver Corp., South Korea’s top Internet portal operator, and Kakao Corp., the operator of the country’s top mobile messenger KakaoTalk, are forecast to report stronger-than-expected earnings for the second quarter amid the coronavirus pandemic, industry reports showed Saturday. The operating profit of Kakao is likely to soar by 136 [...]

Arrivals from High-risk Nations to be Asked to Submit Negative Virus Test Results

Arrivals from High-risk Nations to be Asked to Submit Negative Virus Test Results

SEOUL, July 10 (Korea Bizwire) — South Korea said Friday all foreign arrivals from countries with a high incidence of the novel coronavirus will be required to submit certificates that prove a negative test result as health authorities here try to stem a further rise in imported cases. Starting Monday, foreign nationals from countries that [...]

Seoul Citizens Adamantly Oppose Waste-related Sites in Their Neighborhood

Seoul Citizens Adamantly Oppose Waste-related Sites in Their Neighborhood

SEOUL, July 10 (Korea Bizwire) — The most unpleasant facilities for Seoulites are solid waste management sites such as landfills and incinerators. Seoul citizens are absolutely against waste management facilities in their neighborhood, according to a survey conducted by Seoul Metropolitan Government. The survey, titled ‘Research on Seoul Citizens’ Perception on the Least Favorable Facilities’, [...]

SK E&C Reaches Compensation Deal with Laos over Deadly Dam Collapse

SK E&C Reaches Compensation Deal with Laos over Deadly Dam Collapse

SEOUL, July 9 (Korea Bizwire) — SK Engineering & Construction Co. said Thursday that it has reached a deal with authorities in Laos to compensate victims of a deadly hydroelectric dam collapse in the Southeast Asian country. The Xe-Pian Xe-Namnoy Power Co., a joint venture involving the South Korean builder, inked the deal with the [...]

S. Korean Shipbuilders’ New Orders Tumble 67 pct in H1 as Pandemic Hits Demand

S. Korean Shipbuilders’ New Orders Tumble 67 pct in H1 as Pandemic Hits Demand

SEOUL, July 9 (Korea Bizwire) — New orders won by South Korea’s shipbuilders tumbled 67 percent in the first half of the year from a year ago as the coronavirus pandemic ravaged demand, industry data showed Thursday. In the first half of this year, South Korean shipbuilders’ new orders came to 1.18 million compensated gross [...]