The United Arab Emirates (UAE) is on track to execute $2 billion (2.63 trillion won) of investments in Korea s promising growth areas such as energy and information and communications technology (ICT), the Korea Development Bank (KDB) said in a statement Monday.
Korea Development Bank (KDB) has officially kicked off procedures to sell the management rights of HMM, a global shipping and logistics company. As KDB Chairman Kang Seog-hoon pledged to expedite the sale of the shipping firm, HMM s privatization process is expected to be carried out in a speedy manner.
South Korean electronics giant Samsung announced plans Tuesday to increase its investment in Vietnam from $18 billion to $20 billion. - VnExpress International
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The union of Korea Development Bank (KDB) has pledged to take legal measures against the state-run lender s move to relocate its headquarters to the nation s southeastern port city of Busan. According to the KDB union, Monday, the lender plans to carry out an organizational reshuffle by creating three new divisions in Busan where 100 employees and executives from the head office will be transferred.