Daewoo Shipbuilding & Marine Engineering (DSME) was hit with a 15.3-billion-won ($13.8 million) fine for mistreating its subcontractors, including forcing them to accept contract prices below labor cost, the Fair Trade Commission (FTC) said Sunday.
Mirae Asset Daewoo has been listed on the Dow Jones Sustainability World Indexes (DJSI World) for the ninth consecutive year, announced the company Sunday.
Korea's new domestically produced 3,000-ton Jangbogo-III submarine, Ahn Mu, featuring advanced combat and sonar systems, is revealed in a Navy launching ceremony Tuesday at the Okpo Shipyard of Daewoo Shipbuilding and Marine Engineering in Geoje.
The shipbuilder on Tuesday said it has developed the world’s first AI-operated metalworking robot for constructing ships. The robot, called Goknuri, is installed at the shipyard in Geoje Island, South Gyeongsang.
Daewoo Engineering & Construction said Thursday it has finished the construction of Kazungula Bridge, which spans the Zambezi River that borders Botswana and Zambia in southern Africa.
Total client assets at Mirae Asset Daewoo broke 300 trillion won ($253 billion) at the end of August, the brokerage announced Wednesday, as stocks rallied and interest rates fell.
Seoul-based brokerage house Mirae Asset Daewoo posted its highest quarterly earnings since 2017 during the April-June period this year on the back of expanded investment profits and stock trade commissions.
Mirae Asset Daewoo on July 30 said it is buying back shares worth 113.4 billion won ($94.8 million) in an effort to raise shareholder value.
Daewoo Shipbuilding & Marine Engineering said Tuesday that it has agreed with the Netherlands' Port of Rotterdam Authority to develop ship-related smart technologies.
Daewoo E&C inked a $239 million deal with Singapore’s Land Transport Authority to build an urban railway.