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Korea Pledges Market Aid as Builder Asks to Reschedule Debt

Korea Pledges Market Aid as Builder Asks to Reschedule Debt
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Korea s major shipbuilders battle for lucrative LNG deals | Hellenic Shipping News Worldwide

Korea s major shipbuilders battle for lucrative LNG deals | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Boneless apartment scandal may hamper Korea s overseas construction boom

The government s recent disclosure of poorly built underground parking garages at apartment complexes nationwide has not only sparked fears about the safety of Korea s housing construction, but also caused concerns over a potential setback in Korea s ambitious plan to win $50 billion in overseas construction orders every year until 2027, industry experts said Wednesday.

GS shares nosedive on reconstruction of apartment complex

Shares of GS Engineering & Construction (GS E&C) fell sharply Thursday after the company announced its decision to completely rebuild an apartment complex after a collapse in an underground parking garage. The stock price of the construction company extended a loss of more than 18 percent following GS overnight announcement that it would demolish all 17 apartment buildings and rebuild them from scratch.

GS E&C, LH play blame game over apartment construction site collapse

GS E&C and Korea Land & Housing Corp. (LH) have drawn criticism for their attempts to shift the blame onto each other over the recent collapse of an apartment complex construction site in Incheon, according to industry officials, Thursday.

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