Korail to join Manila railway maintenance project

Korail to join Manila railway maintenance project

South Korea's state-run railway company Korea Railroad Corporation (Korail) said on Monday that it participates in the operation and maintenance (O&...

Woojin selected as preferred bidder for Inglewood light rail project

Woojin selected as preferred bidder for Inglewood light rail project

Woojin Industrial Systems Co., a South Korean railway vehicle manufacturer, said on Friday that it has been selected as the preferred bidder for the...

Hyundai Rotem leads manufacture of next-generation railway

Hyundai Rotem leads manufacture of next-generation railway

CHANGWON, South Gyeongsang Province – Engineers at Hyundai Rotem Co.'s rolling stock factory in South Korea have their hands full manufacturin...

S.Korea promotes export of $3.8 bn railcars to Morocco

S.Korea promotes export of $3.8 bn railcars to Morocco

The South Korean government is promoting exporting Korean-style railway cars (K-rail), including high-speed trains worth $3.8 billion, to Morocco.Th...

Korea Eximbank provides $810 mn credit to Bangladesh

Korea Eximbank provides $810 mn credit to Bangladesh

The Export-Import Bank of Korea (Eximbank) announced on Sunday that it will provide a credit of $810 million for the construction of the Karnaphuli ...

Dongbu Corp exceeds $730 bn in new orders

Dongbu Corp exceeds $730 bn in new orders

South Korea's Dongbu Corporation surpassed 1 trillion won ($727 million) in new orders this year by securing a 200 billion won ($145 million) railwa...

NPS corp governance committee taps SNU professor as member

NPS corp governance committee taps SNU professor as member

A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...

LS Electric wins $23 mn order for Thai railway signal system

LS Electric wins $23 mn order for Thai railway signal system

South Korea's LS Electric Co. won a contract from the State Railway of Thailand to construct a railway signaling system for a 177 km section between...

Sampyo targets India’s railway track parts market

Sampyo targets India’s railway track parts market

 Sampyo Railway Co., South Korea’s No. 1 railway turnout manufacturer, plans to launch a joint venture with an Indian company within the ...

Hyundai Rotem reveals actual product of hydrogen-powered train

Hyundai Rotem reveals actual product of hydrogen-powered train

Hyundai Rotem, a South Korean railway system maker under Hyundai Motor Group, participated in the largest domestic railway exhibition to showcase ad...

Hyundai Rotem, Hana Bank to promote private railway project

Hyundai Rotem, Hana Bank to promote private railway project

Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, announced on Monday that it has signed an infrastructure fund inve...

Korail wins $13 million consulting project for Philippines' railway

Korail wins $13 million consulting project for Philippines' railway

South Korea's state-run railway company Korea Railroad Corporation (Korail), announced on Monday that it has secured a consulting contract to manage...

S.Korean state-run railroad companies meet Czech Minister of Transport

S.Korean state-run railroad companies meet Czech Minister of Transport

South Korea's state-run railway companies Korea Railroad (KORAIL) and Korea National Railway (KR) announced on Thursday that they had met with repre...

Hyundai Rotem releases data on eco-friendly railway businesses

Hyundai Rotem releases data on eco-friendly railway businesses

Hyundai Rotem, the railway system subsidiary of Hyundai Motor Group, announced on Monday it has published information about its sales and research a...

Japan, Spain firms join forces with Woojin for Korean bullet train bid

Japan, Spain firms join forces with Woojin for Korean bullet train bid

A Japanese company and a Spanish firm have joined hands with a South Korean company for a local bullet train supply deal as the country is expected ...

Hyundai E&C wins $158 mn order for port facility construction in Kuwait

Hyundai E&C wins $158 mn order for port facility construction in Kuwait

South Korea’s Hyundai Engineering & Construction Co. announced Tuesday it won a 220 billion won ($157 million) deal from Kuwait to add sev...

Hyundai wins $1.2 bn railway order from Philippines

Hyundai wins $1.2 bn railway order from Philippines

South Korea’s Hyundai Engineering & Construction Co. has won a $1.2 billion order from the Philippines to build a railway connecting the c...

Hyundai Rotem wins $296.5 mn electric train deal from Tanzania

Hyundai Rotem wins $296.5 mn electric train deal from Tanzania

Hyundai Rotem won a $296.5 million electric train deal from Tanzania as the South Korean railway system maker aims to expand business in Africa.Hyun...

Korean investors may own half of UK high-speed railway after UK firms’ resale

Korean investors may own half of UK high-speed railway after UK firms’ resale

After the National Pension Service (NPS) agreed to buy a 30% stake in Britain’s High Speed 1 (HS1) for around 400 billion won ($355 million) in July, ...

NPS to buy stake in UK high-speed railway for $350 mn in InfraRed-led investment

NPS to buy stake in UK high-speed railway for $350 mn in InfraRed-led investment

South Korea’s National Pension Service (NPS) is expected to invest around 400 billion won ($353 million) in acquiring a 30% stake in Britain’s High Sp...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared