General Strike NowMay 1

Samsung Biologics union launches its first-ever general strike from May 1-5, demanding wage hikes and bonuses, with potential losses of up to 640 ...

Samsung Biologics union launches its first-ever general strike from May 1-5, demanding wage hikes and bonuses, with potential losses of up to 640 billion won per day of halted production.#SamsungBiologics #laborstrike #JohnRim #retirementageextension #KCTUgeneralstrike #Seoulyouthrentsupport #POSCOE&C #hyperscalercapex
Samsung Biologics Union Launches First-Ever General Strike on May 1

Samsung Biologics Union Launches First-Ever General Strike on May 1

Samsung Biologics union launches its first-ever general strike from May 1-5, demanding wage hikes and bonuses, with potential losses of up to 640 billion won per day of halted production.

Seoul Economic Daily
Yonhap Infomax NewsJan 9
POSCO E&C has announced its withdrawal from the Gadeokdo New Airport land development project, choosing to focus on major ongoing infrastructure projects such as the GTX-B rail line.
#YonhapInfomax #POSCOEC #GadeokdoNewAirport #InfrastructureProjects #DaewooEngineeringConstruction #GTXBLine #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99201
POSCO E&C Withdraws from Gadeokdo New Airport Construction Project

POSCO E&C has announced its withdrawal from the Gadeokdo New Airport land development project, choosing to focus on major ongoing infrastructure projects such as the GTX-B rail line.

Yonhap Infomax
Yonhap Infomax NewsDec 26
Korea Investors Service and NICE Investors Service downgraded POSCO E&C's credit outlook to 'Negative' amid mounting losses from safety incidents and unsold inventory, projecting annual operating losses to exceed 400 billion won ($306 million) and highlighting increased regulatory risks.
#YonhapInfomax
#POSCOEC #CreditRating #OperatingLoss #SafetyIncidents #KoreaInvestorsService
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97289
Yonhap Infomax NewsDec 26
Korea Investors Service downgraded POSCO E&C’s rating outlook to ‘Negative’ amid mounting losses from safety incidents and unsold inventory, signaling heightened financial risk for the construction unit of POSCO Holdings.
#YonhapInfomax #POSCOEC #KoreaInvestorsService #CreditRating #OperatingLoss #UnsoldInventory #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97277
Yonhap Infomax NewsDec 18
South Korea's Ministry of Land, Infrastructure and Transport pledged to prevent future accidents after a fatal rebar collapse at the Shinansan Line construction site in Yeouido, with investigations underway and construction halted pending results.
#YonhapInfomax
#ShinansanLine #MinistryOfLand #POSCOEC #ConstructionAccident #SafetyInvestigation
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96227
Ministry of Land Vows to Prevent Recurrence of Shinansan Line Rebar Collapse Accident

South Korea's Ministry of Land, Infrastructure and Transport pledged to prevent future accidents after a fatal rebar collapse at the Shinansan Line construction site in Yeouido, with investigations underway and construction halted pending results.

Yonhap Infomax
Yonhap Infomax NewsDec 8
POSCO E&C has unveiled an AI-powered system for real-time quality control and automated production of ready-mix concrete, aiming to enhance consistency and efficiency in the construction sector.
#YonhapInfomax #POSCOEC #AI #ReadyMixConcrete #QualityControl #SmartConstructionChallenge #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=94383
POSCO E&C Develops AI-Based Ready-Mix Concrete Quality Control and Production Technology

POSCO E&C has unveiled an AI-powered system for real-time quality control and automated production of ready-mix concrete, aiming to enhance consistency and efficiency in the construction sector.

Yonhap Infomax
Yonhap Infomax NewsOct 27, 2025
POSCO Holdings expects POSCO E&C to incur an additional KRW 230 billion ($169 million) in costs in Q4, following significant one-off expenses in Q3, but anticipates a return to profitability next year.
#YonhapInfomax
#POSCOHoldings #POSCOEC #OperatingLoss #OneOffExpenses #Profitability
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87467
POSCO Says POSCO E&C Faces Additional KRW 230 Billion in Costs in Q4

POSCO Holdings expects POSCO E&C to incur an additional KRW 230 billion ($169 million) in costs in Q4, following significant one-off expenses in Q3, but anticipates a return to profitability next year.

Yonhap Infomax
Yonhap Infomax NewsOct 27, 2025
POSCO projects that POSCO E&C will incur an additional KRW 230 billion in costs in the fourth quarter, signaling continued financial pressures for the construction unit.
#YonhapInfomax #POSCO #POSCOEC #Q4Costs #FinancialPressure #KRW230Billion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87464
POSCO Estimates Additional KRW 230 Billion in Costs for POSCO E&C in Q4

POSCO projects that POSCO E&C will incur an additional KRW 230 billion in costs in the fourth quarter, signaling continued financial pressures for the construction unit.

Yonhap Infomax
Yonhap Infomax NewsSep 12, 2025
South Korea's Sajo Committee has extended its investigation into the Gwangmyeong Shinansan Line tunnel collapse by four months, citing the need for further engineering analysis and additional site surveys after the fatal accident involving POSCO E&C.
#YonhapInfomax #SajoCommittee #ShinansanLine #POSCOEC #TunnelCollapse #InvestigationExtension #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=81464
Sajo Committee Extends Investigation into Gwangmyeong Shinansan Line Collapse by Four Months

South Korea's Sajo Committee has extended its investigation into the Gwangmyeong Shinansan Line tunnel collapse by four months, citing the need for further engineering analysis and additional site surveys after the fatal accident involving POSCO E&C.

Yonhap Infomax
Yonhap Infomax NewsSep 5, 2025
Construction site fatalities in South Korea surged 21.4% in H1 2025, with the sector accounting for 42% of all industrial accident deaths, despite President Lee Jae-myung's warnings and calls for stricter penalties against major builders.
#YonhapInfomax #ConstructionSector #IndustrialAccidents #POSCOEC #Fatalities #PresidentLeeJaeMyung #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80402
Construction Site Fatalities Persist Despite President's 'Implied Murder' Remarks

Construction site fatalities in South Korea surged 21.4% in H1 2025, with the sector accounting for 42% of all industrial accident deaths, despite President Lee Jae-myung's warnings and calls for stricter penalties against major builders.

Yonhap Infomax