SEOUL, Dec. 7 (Korea Bizwire) — Hyundai Development Company is converting to a holding company through a major structure reshuffle. At a board meeting held on Tuesday, plans were announced to divide the current structure of HDC into two, including a holding company and a separate operating company with official names yet to be determined. Through [...]
MEXICO CITY, Sept. 27 (Korea Bizwire) — Spanish international news agency EFE reported on September 24 (local time) that Bolivia’s longest bridge was officially open to the public. According to Bolivian President Evo Morales, who attended the Puente Banegas (Banegas Bridge) opening ceremony, the bridge cost 49.9 million U.S. dollars. The Banegas Bridge is 1,440 [...]
SEOUL, June 2 (Korea Bizwire) – Eight Korean retail giants have thrown their hats into the ring in a bid to secure the rights to operate two new duty-free shops in Seoul. Duty-free businesses are considered to be geese that lay golden eggs. According to the Korea Customs Office, as of June 1, the closing [...]