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KT Wins US$101-mln Energy Solution System Deal from Uzbekistan

KT Wins US$101-mln Energy Solution System Deal from Uzbekistan

SEOUL, May 11 (Korea Bizwirep) — South Korea’s No. 2 mobile carrier KT said Monday it has won a US$101 million deal from Uzbekistan to provide a smart-energy solutions system that improves efficiency of power management. Under the contract with state-owned power generation company Uzbekenergo, KT will supply energy-metering solutions, such as the Advanced Electricity Metering, that [...]

Korean Economy Slowest among Asian Economic Powerhouses

Korean Economy Slowest among Asian Economic Powerhouses

SEOUL, Korea, April 7 (Korea Bizwire) – Although the Korean economy is expected to make a long-awaited recovery this year, its growth rate is estimated to be much lower than those of Asian major economies. According to the Asian Development Bank, Korea’s economy is expected to grow 3.7 percent this year, nearly one percentage point [...]