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South Korea’s Hansae Looks to Europe for Growth, Questions Need for Seoul HQ

South Korea’s Hansae Looks to Europe for Growth, Questions Need for Seoul HQ

(Photo=The Worldfolio) South Korean apparel manufacturer Hansae is rethinking its global strategy-and its geographic center. In an interview with Singapore-based business outlet The Worldfolio on July 25, Vice Chairman Ikhwan Kim said, "There's no particular reason Hansae's global headquarters must remain in South Korea." He emphasized plans to maximize operational efficiency by leveraging regional advantages in Spain, the U.S., Vietnam,

Jul 29 2025
09:00 AM PDT
Export-Import Bank of Korea Signs Deal with Qatar’s State-Owned Shipping Firm Nakilat to Support Korean Shipbuilders

Export-Import Bank of Korea Signs Deal with Qatar’s State-Owned Shipping Firm Nakilat to Support Korean Shipbuilders

Photo=Export-Import Bank of Korea The Export-Import Bank of Korea (KEXIM) will provide financing for the construction of liquefied natural gas (LNG) carriers for Nakilat, Qatar’s state-owned shipping company. Nakilat announced on the 28th that it has launched its first ship financing package for 25 LNG carriers to be built in South Korea in partnership with KEXIM. The financing package is

Jul 28 2025
06:19 PM PDT
Daewoo E&C Pursues New Projects in Singapore Following Railway Success, Seeks Tender Manager

Daewoo E&C Pursues New Projects in Singapore Following Railway Success, Seeks Tender Manager

Photo=Daewoo E&C South Korean construction firm Daewoo Engineering & Construction (Daewoo E&C) is actively pursuing new business opportunities in Singapore by expanding its local workforce. On July 22, Daewoo E&C posted a job opening for a Marketing & Public Relationship Manager. The role includes attending bid and pre-qualification (PQ) briefings, coordinating bids with Daewoo E&C’s headquarters, networking with industry contacts,

Jul 28 2025
06:19 PM PDT
Thai Air Force Uses South Korean GPS-Guided Bomb in Cambodia Border Strike

Thai Air Force Uses South Korean GPS-Guided Bomb in Cambodia Border Strike

(Photo=South Korea's National Defense Research Institute) The Royal Thai Air Force has confirmed the use of South Korea’s GPS-guided bomb, the KGGB (Korean GPS-Guided Bomb), in recent airstrikes targeting Cambodian military positions near the disputed border. The deployment marks the first known combat use of the precision-guided system by Thailand and is likely to boost global interest in the weapon.

Jul 28 2025
10:00 AM PDT
E-Cigarettes Face Global Crackdown as More Countries Move to Ban Sales

E-Cigarettes Face Global Crackdown as More Countries Move to Ban Sales

(Photo=Pixabay) E-cigarettes are increasingly under pressure as governments around the world impose tougher regulations, citing health risks and rising teen usage. What began with early bans in Southeast Asia is now expanding to Western countries like Australia and the United Kingdom, signaling a global shift in tobacco control policy. In the U.K., a nationwide ban on disposable e-cigarettes that can't

Jul 28 2025
09:00 AM PDT