Author: Seoul Reporter

  A 115,000-ton petrochemical service constructed by Ok Shipbuilding (Picture courtesy of Ok Shipbuilding) Taekwang Group has entered the acquisition battle for Ok Shipbuilding alongside Texas Pacific Group (TPG), a worldwide personal fairness fund (PEF). In accordance with the funding banking (IB) trade on Nov. 13, Taekwang Group fashioned a consortium with TPG and just lately submitted a letter of intent (LOI) to the promoting facet for Ok Shipbuilding’s administration rights. The present largest shareholder of Ok Shipbuilding is the United Asset Administration (UAMCO) and KHI consortium, which holds a 99.58% stake. The…

S-OIL CEO Anwar Al Hejazi receives the Gold Tower Order of Industrial Service Benefit from Minister of Commerce, Trade and Vitality Kim Jung-kwan and poses for a commemorative photograph. / From left: Minister of Commerce, Trade and Vitality Kim Jung-kwan, S-OIL CEO Anwar Al Hejazi S-OIL CEO Anwar A. Al-Hejazi has received the Gold Tower Order of Industrial Service Benefit for considerably contributing to Korea’s financial system on the 2025 International Firm Day ceremony held at Grand Intercontinental Seoul Parnas on November thirteenth. He was acknowledged as an individual of advantage for his important contributions…

As the most recent Korean member of the FIFA Century Membership with over 100 worldwide caps, midfielder Lee Jae-sung stated Thursday he has by no means taken a chance to characterize the nation as a right.Lee, 33, earned his a hundredth cap on Oct. 10 in a pleasant towards Brazil, and performed his a hundred and first match 4 days later towards Paraguay. He was referred to as up once more for matches towards Bolivia on Friday and towards Ghana on Tuesday. The Korea Soccer Affiliation has scheduled a particular ceremony previous to Friday’s kickoff at Daejeon World Cup Stadium…

Juan Ponce Enrile, who administered martial regulation as Philippine protection minister underneath President Ferdinand E. Marcos, helped oust his autocratic mentor throughout the “individuals energy” revolution of 1986 and was implicated in coup makes an attempt towards the nation’s restored democracy, died Nov. 13. He was 101.

The protection ministry mentioned Thursday it has promoted 20 navy generals to three-star posts, a sweeping reshuffle geared toward restructuring the navy management after final 12 months’s botched martial regulation bid.Beneath the transfer, 20 navy generals — 14 from the Military and three every from the Navy and the Air Drive — have been promoted to lieutenant generals, in keeping with the ministry.It marked the most important promotion of three-star generals up to now decade.”The newest reshuffle targeted on overcoming the Dec. 3 martial regulation disaster and rebuilding the navy … in addition to stopping a safety vacuum and stabilizing…

Track Min-soon (second from left), who served as overseas and commerce minister beneath Roh Moo-hyun, offers a e-book discuss on his new launch “Good Fences, Good Neighbors” on the Seoul Press Heart within the Korean capital’s Jung District on Nov. 12, 2025. (Park Min-hee/Hankyoreh) Track Min-soon, a former South Korean overseas minister who helped form the settlement to denuclearize the Korean Peninsula reached throughout the six-party talks in 2005, acknowledged the significance of South Korea buying “nuclear latency” to cut back its reliance on the US for safety, however instructed that it ought to focus extra on enriching uranium than…

Samsung Electronics Co. Chairman Lee Jae-yong and Mercedes-Benz Chief Govt Ola Källenius met in Seoul on Thursday to debate increasing cooperation in next-generation automotive applied sciences, from batteries to digital cockpit techniques, as competitors within the world electrical and connected-car market intensifies.Källenius’ Seoul journey additionally drew an unusually high-powered turnout from Korea’s high industrial teams, similar to LG and HS Hyosung, as Korean conglomerates are strengthening their partnerships with the German automaker within the age of software-defined and electrified automobiles.DINNER AT SEUNGJIWON, SAMSUNG’S EXCLUSIVE GUESTHOUSEThe Samsung chairman, extensively identified within the West by his English identify Jay Y. Lee, hosted…

North Korea has held an educational debate denouncing Japan’s previous wrongdoings, labeling the nation an “inveterate enemy,” state media reported Thursday, whereas remaining silent on the brand new Japanese chief’s provide for a summit.A history-sector debate came about at a social science institute in Pyongyang on Wednesday, “divulging the wrongdoing of Japan from the previous, an inveterate enemy,” the Korean Central Information Company stated.The KCNA quoted contributors as saying in the course of the debate, “The historic wounds that the inveterate enemy, imperial Japan, inflicted on our individuals won’t ever heal even after the passage of time or a whole…

Rampant delirium. Terror. Beguiling perception.Honford Star, one of many main publishing homes for translated speculative Korean fiction, has launched three books stuffed with daring tales beneath the Lovecraft Reanimated Undertaking. They pay tribute to the American author H.P. Lovecraft (1890-1937), recognized for drawing from the gory bits of actuality and lavishing our actual world with supernatural horrors.On this trio comprising two novellas and a graphic novel, that very same Lovecraftian consciousness is dressed within the actuality of modern-day Korea. In a single story, a lady discovers a horrid stench coming not simply from herself, however from her office. In one…

Korea head coach Hong Myung-bo mentioned Thursday he’s relying on robust performances from his midfielders in an upcoming pleasant match in opposition to Bolivia, with some key gamers lacking from the group with accidents. Korea, world No. 22, will host 76th-ranked Bolivia at Daejeon World Cup Stadium within the central metropolis of Daejeon at 8 p.m. Friday, the primary of two friendlies scheduled for the Taegeuk Warriors this month. They may subsequent play Ghana in Seoul on Tuesday.Within the days main as much as this match window, three Korean midfielders suffered accidents that pressured them off the nationwide crew. First,…