Page 30 - Daewoo News Today

Korea's family-owned conglomerates have enjoyed their privileges for decades. That may be set to end. Lee Jae-Young was halfway through a five-year jail sentence for fraud, embezzlement and bribing Korea's then-president when he was granted a special presidential pardon in August 2022. Lee, heir to the multi-billion dollar Samsung corporation and a former chief executive, [...] The post Korea's chaebol set to enter the twilight zone? appeared first on 360.

Daewoo Shipbuilding and Marine Engineering (DSME) is set to be rebranded as Hanwha Ocean as its takeover by Hanwha Group is completed.

The board of directors of Daewoo Shipbuilding & Marine Engineering cleared the way for the recapitalization of the financially troubled shipbuilder to...

Korean shipyard Daewoo Shipbuilding Marine Engineering (DSME) said Monday it will acquire an additional 4.7 percent stake in its ship parts subsidiary Samwoo Heavy Industry for 35 billion won ($26.5 million).

If the National Economic and Development Authority (NEDA) approves the additional funding, the total cost of the project balloons to at least P15 billion

Police have asked for witnesses to come forward.

Police are looking for the driver of a blue ute and trailer who allegedly collided with another vehicle and cleared off without exchanging details.

The Chevrolet Bolt was GM's first stab at an affordable EV with good driving range, but it will...

The Chevrolet Bolt was GM's first stab at an affordable EV with good driving range, but it will...

The Chevrolet Bolt was GM's first stab at an affordable EV with good driving range, but it will...