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POSCO Engineering and Construction Breaks Ground For 2 High Rises In Jakarta

POSCO Engineering and Construction Breaks Ground For 2 High Rises In Jakarta

SEOUL, Sept. 22 (Korea Bizwire) — POSCO Engineering & Construction Co. said Friday it has broken ground for two high rises in a central business district in Jakarta. The construction arm of South Korea’s top steelmaker POSCO said the buildings will be constructed at a cost of about US$300 million. The buildings are scheduled to [...]

SM Entertainment Plans Talent Audition in Indonesia

SM Entertainment Plans Talent Audition in Indonesia

SEOUL, March 16 (Korea Bizwire) – SM Entertainment will hold auditions in Indonesia to scout talent for its “NCT” idol group project, the nation’s top entertainment agency said Wednesday. Company founder Lee Soo-man unveiled the plan for its first-ever talent audition in Indonesia at a South Korea-Indonesia business summit in Jakarta the previous day.  “Last [...]

Doosan Heavy Bags 300 Bln-Won Deal to Upgrade Indonesian Power Plant

Doosan Heavy Bags 300 Bln-Won Deal to Upgrade Indonesian Power Plant

SEOUL, March 14 (Korea Bizwire) – Doosan Heavy Industries & Construction Co., South Korea’s top power equipment maker, said Tuesday that it has bagged a 300 billion-won (US$262 million) deal to upgrade an existing power plant in Indonesia.  Under the deal with the state-run Indonesian PLN, Doosan Heavy and a state-run Indonesian construction firm will [...]

Daewoo Shipbuilding Launches 2nd Submarine for Indonesian Navy

Daewoo Shipbuilding Launches 2nd Submarine for Indonesian Navy

GEOJE Island, South Korea, Oct. 24 (Korea Bizwire) – Daewoo Shipbuilding & Marine Engineering Co., a major South Korean shipbuilder, launched a 1,400-ton diesel submarine on Monday for the Indonesian navy, a company official said.  The submarine is the second of the three submarines being built under a 2011 deal worth US$1.1 billion. In March, [...]