SEOUL, Nov. 20 (Korea Bizwire) — Daewoo Engineering & Construction Co., a major construction firm here, said Monday it will partner with Tata Projects Ltd. to build a 953 billion-won (US$863 million) bridge in India. Daewoo E&C and TPL won the order from the Mumbai Metropolitan Region Development Authority (MMRDA). MMRDA plans to build the [...]
SEOUL, Nov. 10 (Korea Bizwire) – The exhausting, polarizing race for the White House has finally ended, and to the world’s surprise, Donald Trump will become the 45th President of the United States. The result was a heavy blow to a majority of Koreans, the country’s financial market, and political circles, as the now president-elect [...]
SEOUL, July 31 (Korea Bizwire) – A study said the average tenure of top-30 group CEOs is only 2.6 years. According to CEO Score, a website tracking corporate performances, based on a survey on 576 former professional CEOs except those related with owner families who were hired since January 1, 2000, the average lifespan of these corporate [...]
SEOUL, June 26 (Korea Bizwire) –As the Fair Trade Commission pressures the construction contractors ever harder for colluding in biddings, the total bill for penalties for the past two years has surpassed 450 billion won. Accordingly, some contractors with poor results this year had to pay fines in excess of their profits. According to construction industry [...]