SEOUL, Sept. 4 (Korea Bizwire) — Hyundai Motor Co. and Kia Motors Corp., South Korea’s two biggest carmakers, saw their sales growth in Chile slow down this year due to the won’s strength, a state-run trade promotion agency said Monday. In the January-July period, Hyundai’s sales in the Latin American market grew 11 percent on-year to 17,276 [...]
SEOUL, May 29 (Korea Bizwire) — A South Korean consortium has held a ceremony to mark the completion of a gas-fired combined cycle plant in Antofagasta, Chile, that will supply electricity to BHP Billiton Ltd.’s copper mine. Samsung Engineering Co., a construction unit of Samsung Group, celebrated the opening of the 517 megawatt plant Friday [...]
NEW YORK and SANTIAGO, Chile, May 24 (Korea Bizwire) — Nasdaq, Inc. (Nasdaq:NDAQ) and Depósito Central de Valores (DCV) today announced a new landmark agreement to bolster the technological infrastructure of Chile’s central securities depository (CSD). “We are very satisfied with our thorough, year-long vendor partnership process in selecting the Nasdaq platform, which will replace the core [...]
BUSAN, Sept. 6 (Korea Bizwire) – The Esmeralda (BE-43) is the world’s longest sailing ship, and it made port at a naval base in the Korean city of Busan Tuesday morning. Weighing 3,763 tons, the Esmeralda was commissioned in 1954, and currently serves as a training ship for the Chilean Navy. The vessel is 110 [...]
SEOUL, May 20 (Korea Bizwire) – South Korea and Chile have agreed to speed up bilateral cooperation on the information, communication and technology (ICT) front, as the Latin American nation seeks to learn from Seoul’s experience, a government ministry here said Thursday. Choi Jae-you, vice minister of science, ICT and future planning, attended a ceremony [...]
SEJONG, Apr. 20 (Korea Bizwire) — Grape imports to Korea in 2014 reached record highs in both dollar value and import volume, at $US 189.52 million and 59,260 tons respectively, while domestic grape output and planted areas have halved over the last 15 years. According to the Korea Customs Service on April 19, grape imports [...]