How Korea's 'construction slump' could harm its economic growth

The domestic construction industry has been facing a prolonged downturn for more than a year, with renewed fears of bankruptcy and closure following the recent collapse of major firm Shindonga Construction.

2025-02-02

Peppers on hot streak, clinch third consecutive win in 3-1 victory over Hillstate

The Gwangju Pepper Savings Bank AI Peppers continued their best run in the V League with a 3-1 win over defending champions Suwon Hyundai Engineering & Construction Hillstate on Sunday, recording their first-ever third consecutive victory.

2025-01-13

Korean companies nab $34 million in overseas contracts for industrial plant construction

Korean companies secured $34 billion worth of overseas contracts for industrial plant construction in 2024, the Industry Ministry said Tuesday, marking the highest amount in nearly 10 years.

2025-01-07

Korean builders surpass $1 trillion in overseas construction deals

Korean builders have achieved more than $1 trillion in accumulated overseas construction deals, the Ministry of Land, Infrastructure and Transport said Friday.

2025-01-03

Pep in their step: Gwangju's V League team hits milestone with sixth win

The Gwangju Pepper Savings Bank AI Peppers secured their sixth win over defending V League champions Suwon Hyundai Engineering & Construction Hillstate on Sunday.

2024-12-30

Impeachment turmoil delays construction projects, including a Costco

Political turmoil in Korea is delaying construction projects, including Costco's plans for a new store, increasing bankruptcies in the industry.

2024-12-17

GS Engineering & Construction Q3 profit soars 940% to 120.8 billion won

GS Engineering & Construction on Thursday reported its third quarter net profit of 120.8 billion won ($87.5 million), up 939.5 percent from a year earlier.

2024-10-31

Consumers dig in at Korea International Construction Equipment Exhibition

Excavator attachment manufacturer Tiltpro demonstrates a product at the Korea International Construction Equipment Exhibition (Conex) 2024 at Kintex in Ilsan, Gyeonggi, on Thursday.

2024-10-24

Volleyball returns Saturday as Hillstate, Jumbos start long title defense

The 2024-25 V League season kicks off Saturday as the seven men's and seven women's teams begin a six-month fight for the regular season title and a ticket to the postseason.

2024-10-17

Offshore Korea 2024 brings 200 energy exhibitors to Busan

Offshore Korea 2024 featured 200 exhibitors in Busan, highlighting innovations in the offshore energy sector with discussions on technology trends.

2024-10-16

korea joongAng daily