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Leaders of S. Korea, Indonesia Agree to Upgrade Ties, Urge N. Korea to Give up Nukes

Leaders of S. Korea, Indonesia Agree to Upgrade Ties, Urge N. Korea to Give up Nukes

JAKARTA, Nov. 9 (Korea Bizwire) — The presidents of South Korea and Indonesia agreed Thursday to upgrade their relations to “special strategic partnership” to push forward all-compassing cooperation in economy, culture, politics and security issues. During their summit, Presidents Moon Jae-in and Joko Widodo also pledged efforts to sharply increase bilateral trade and diversify business [...]

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 [...]