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Samsung C&T, Kolon Global, and ILSUNG Construction Bid for $2.3 Billion Ulaanbaatar Metro Project

Samsung C&T, Kolon Global, and ILSUNG Construction Bid for $2.3 Billion Ulaanbaatar Metro Project

(Photo=Ulaanbaatar) Samsung C&T, Kolon Global, and ILSUNG Construction have thrown their hats into the ring for the Ulaanbaatar metro project in Mongolia, a massive undertaking with a total budget of $2.3 billion. According to the Ulaanbaatar city government on the 29th, 27 companies, including Samsung C&T, Kolon Global, and ILSUNG Construction, participated in the initial bidding for the metropolitan subway

Apr 29 2025
07:00 AM PDT
Bidding Restarts for Vietnam LNG Power Plant Project with SK Innovation E&S and Gas Companies Participating… Deadline in June

Bidding Restarts for Vietnam LNG Power Plant Project with SK Innovation E&S and Gas Companies Participating… Deadline in June

(Photo=Thanh Hoa) The bidding process for the liquefied natural gas (LNG) power plant development project in Thanh Hoa Province, Vietnam, has resumed after a six-month hiatus. As the project is considered a key initiative for Vietnam’s energy transition, attention is focused on whether South Korean companies can secure the contract. According to the Nghi Son Economic Zone and Industrial Park

Apr 29 2025
06:00 AM PDT
Pope Francis Warned of AI Monopoly by a Few Before His Passing

Pope Francis Warned of AI Monopoly by a Few Before His Passing

(Photo=Pope Francis Instagram) Pope Francis, who consistently emphasized the safe use of artificial intelligence (AI) technology, has passed away. Throughout his life, he dedicated himself to the poor and marginalized, leaving a significant legacy in advocating for AI that serves all of humanity. Pope Francis passed away on the 21st (local time). The funeral of Pope Francis took place on

Apr 27 2025
07:37 PM PDT
China Dramatically Increases Crude Oil Imports from Canada, Replacing U.S. Supply

China Dramatically Increases Crude Oil Imports from Canada, Replacing U.S. Supply

(Photo=Motionelements) Amid escalating trade tensions between Washington and Beijing, China has significantly boosted its crude oil imports from Canada while cutting back on U.S. supplies. Last month, China’s crude oil imports from Canada surged to a record high of 7.3 million barrels, according to energy market analytics firm Vortexa. In contrast, purchases of U.S. crude—which peaked at 29 million barrels

Apr 27 2025
07:23 PM PDT
LG Electronics Display Secures Highest Rating in U.S. Hotel Industry Sustainability Assessment for 10th Consecutive Year

LG Electronics Display Secures Highest Rating in U.S. Hotel Industry Sustainability Assessment for 10th Consecutive Year

(Photo=posco holdings) LG Electronics has once again clinched the highest rating in the U.S. hotel industry’s sustainability assessment program, marking its '10th consecutive year' of achieving the top honor. The company has reaffirmed its eco-friendly technological competitiveness and plans to further accelerate its global 'Environmental, Social, and Governance (ESG)' initiatives. According to LG Electronics on the 24th, its hotel-dedicated TVs,

Apr 27 2025
07:00 AM PDT