SEOUL, Aug. 14 (Korea Bizwire) — President Lee Jae Myung spoke by phone with Philippine President Ferdinand Marcos Jr. on Thursday and discussed ways to expand cooperation in trade, infrastructure and shipbuilding, Lee’s office said. In their first conversation since Lee took office in early June, the two leaders noted that South Korea has become [...]
SEOUL, July 15 (Korea Bizwire) — Sulbing Co., a South Korean dessert cafe chain, said Tuesday it plans to enter the Philippine market this year as part of its overseas expansion strategy. Sulbing has signed a master franchise (MF) agreement with Beyond Bingsu Cafe Inc., an affiliate of Philippines’ Fredley Group of Companies, to open [...]
SEOUL, Oct. 15 (Korea Bizwire) — Two Filipinas, who were apprehended after leaving the Seoul metropolitan government’s pilot program for foreign domestic helpers without permission, have returned home, the South Korean justice ministry said Monday. The workers were forced to leave Thursday following several weeks of unauthorized absence from their jobs, according to the ministry. [...]
SEOUL, May 12 (Korea Bizwire) — Hanwha Systems Co., the defense and ICT unit of South Korea’s Hanwha Group, said Friday it has won a US$34.5 million contract to supply its combat management system (CMS) to the Philippine Navy. Hanwha’s indigenous combat system will be installed in six 2,400-ton offshore patrol vessels, in a deal [...]
MANILA, Dec. 16 (Korea Bizwire) — Philippine legislator and House of Representatives Assistant Minority Leader France Castro has warned that the U.S. Federal Communications Commission’s (FCC) decision to ban China Telecom will affect the ability of its partners and affiliates around the world, such as Dito Telecommunity in the Philippines, to operate and serve its customers effectively [...]