Korea Development Bank (KDB) is speeding up efforts to sell off a string of tax-financed companies, including HMM and KDB Life Insurance, after repeatedly making multiple, unsuccessful attempts to do so.
CJ Logistics, a major Korean logistics company, said Wednesday it will invest 600 billion won ($460.3 million), along with the Korea Ocean Business Corp. (KOBC), to build three new logistics centers in the United States by 2027.
CJ Logistics, KOBC to Invest 600 bln Won to Open 3 New Logistics Centers in U S koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
Des Plaines-based CJ Logistics America said it will build three distribution centers, including two in the Chicago area, as it expands its business importing goods from South Korea.
Global tech behemoth Samsung Electronics remained Korea s largest company by sales in 2022, with 42 businesses newly making the country s top 500 firms list, a corporate tracker said Wednesday.