South Korea’s government has dismissed claims from Korean opposition politicians that its bid to build two nuclear reactors in Czechia had been underpriced and that costs would inevitably increase once work began, the Korean Herald reports.

South Korean contractor Daewoo Engineering & Construction said yesterday that it had signed an agreement in principle to team up with China State Construction Engineering Corporation (CSCEC) to bid for…

South Korean food company Nongshim is planning to invest $143m in a “K-Food hub” in the southern city of Busan. The move is part of a drive among the country’s…

UK designers Heatherwick Studio are working with South Korea’s Haeahn Architecture on a makeover of Hanwha Galleria, a twin-building department store in Seoul’s Gangnam ward of Apgujeong-dong, close to the…

Korea Hydro & Nuclear Power (KHNP) has begun negotiations with the Czech Republic to build at least two full-scale reactors. The company, along with consortium partners Doosan Enerbility and Daewoo…

A team of business people and state officials from South Korea visited Vietnam last week to discuss large-scale projects such as urban development and high-speed rail. South Korea hopes to…

The government of South Korea believes its neighbour North Korea will send a force of military engineers to do reconstruction work in the Russian occupied Ukrainian oblast of Donetsk as…

A team made up of Denmark’s 3XN and two South Korean designers, Siaplan and MDA, has won a competition for the Chungnam Art Centre in Chungcheongnam-do, South Korea. The curved…

South Korean food companies are racing to invest in production facilities to meet growing worldwide demand for its national flavours.

UK-headquartered architect Heatherwick Studio has won a design competition for Soundscape to create a park on the artificial Nodeul Island on the Han River in the centre of Seoul, South…

South Korean aerospace and technology company Hanwha Systems has broken ground on a 11,500-sq-m satellite factory on Jeju Island about 100km offshore in the East China Sea. According to The…

South Korean chipmaker SK Hynix plans to invest almost $4bn in an advanced packaging, fabrication, and R&D facility for AI chips at Purdue University in Indiana. Its chief executive Kwak…

The chairman of South Korean residential developer Booyoung Group is offering employees a bonus of $75,000 if they have children, The Chosun Daily reports. 84-year-old Lee Joong-keun began the scheme…

Cambodia has invited South Korea to invest in its $37bn, 10-year programme of infrastructure improvements, the Khmer Times reports.

An international team of designers has unveiled plans for the world’s tallest, spokeless ferris wheel for Seoul, South Korea. The 180m-diameter “Seoul Twin Eye” takes the form of two intersecting…

South Korean construction firm Daewon plans to develop a 280ha eco-tourism and golf resort in the Forest of Hue in central Vietnam. The scheme is awaiting approvals from the government…

Two South Korean engineers working for Daewoo Engineering & Construction have been released, nearly three weeks after they were abducted by unidentified gunmen in Nigeria, the foreign ministry in Seoul…

Korea Hydro and Nuclear Power (KHNP) will carry out a feasibility study on building a new nuclear reactor in the Netherlands. There is currently only one nuclear power plant in…