Credit rating agency Rating and Investment Information (R&I) announced on Oct. 21 that it has raised Samsung C&T’s credit rating to A from its previous A-. R&I positively evaluated the company for its Engineering & Construction Group rapidly expanding its overseas operations with a firm policy of carefully selecting regions and fields. It also noted …
R&I upgrades Samsung C&T rating on sturdy performance Read More »
Samsung C&T posted Q3 2019 earnings of KRW 7.735tn in revenue and KRW 216bn in operating profit, marking a slight decline from Q2 due to a decrease in revenue at the Engineering & Construction Group and the Fashion Group entering the off-season Quarter-on-quarter revenue and operating profit down by KRW 237bn (3.0%↓) and KRW 5bn …
South Korea’s most popular theme park, Everland, has become the first zoo in Asia to obtain the world’s highest level of accreditation as assessed by the U.S.-based Association of Zoos & Aquariums (AZA). Everland’s Zootopia zone is home to tigers, lions, pandas and many more species housed in a varied and rich environment, including the …
Everland recognized alongside world-class zoos for welfare Read More »
Since ancient times, people have celebrated ghostly goings-on at this time of year. The origins of what we now call Halloween may be found in an old Celtic festival called Samhain, when people would do things that might seem surprisingly familiar – dressing up in costumes to fool ghosts that might want to harm them, but also …
The best place to spend Halloween and fall in Korea Read More »
Since it first opened in 1987, Singapore’s Mass Rapid Transit (MRT) subway system has expanded continuously. And this is no small achievement, as subway construction in Singapore is a significant challenge. For example, there is the difficulty of building underground in a densely populated island city-state with a total area of 724.2 square kilometers – not much larger than …
Making the impossible possible: Singapore T313 Subway Project Read More »
Samsung C&T announced on Sept. 30 that it has received a letter of award to build Meghnaghat Combined Cycle Power Plant from the project’s client Reliance Bangladesh LNG & Power Limited. An agreement-signing ceremony concerning the Meghnaghat Combined Cycle Power Plant is held on September 30 between representatives of Samsung C&T and Reliance Bangladesh LNG …
Samsung C&T awarded Bangladesh combined cycle power plant project Read More »
The term “experience economy,” which was first mentioned in 1998 and refers to the idea of seeking experiences over things, applies to all kinds of events and occasions – including theme parks. When global spending on theme parks hit a record $44.8 billion in 2017, the experience economy was cited as a cause. That year also saw an unprecedented figure …
Ultra-high-rise buildings act as landmarks across the world. Think of Dubai’s Burj Khalifa, the Shanghai Tower and New York’s One World Trade Center. Samsung C&T has extensive experience constructing such skyscrapers, including the Burj Khalifa, which was completed in 2010 and remains the world’s tallest building at 828m. The company’s Engineering & Construction Group was …
For the employees at Samsung C&T’s Asia-Pacific Regional Office (APRO), protecting the environment has become a daily habit. From setting waste reduction targets to switching off lights during lunch, the work routine for APRO staff is filled with actions that make their office eco-friendly. That status was confirmed on June 26 when APRO was recertified …
Online shopping is booming and showing no sign of slowing down. Reports in recent months have shown related records being broken repeatedly in South Korea, the home of K-shopping. For example, the country’s online retail sales jumped 15.9 percent in 2018 from the previous year, compared with just a 1.9 percent rise offline, according to the Ministry …
The online shopping mall riding a new Korean Wave Read More »
