Hanwha Solutions will invest 3.2 trillion won to target the North American solar power market, which is expected to grow by around 20% annually, to create an integrated solar power production complex in Georgia, USA.
Samsung Electronics announced preliminary financial results for the fourth quarter last year with its consolidated sales and operating profit of 70 trillion won and 4.3 trillion won, respectively.
Hyundai Home Shopping will sell its 80% stake including the management rights of Hyundai Rental Care to Sierrainvestment, a private equity fund management company, for 137 billion won.
The Bank of Korea(BOK) said, “Next year’s growth rate is expected to be 1.7%, significantly lower than the previous estimate of 2.1%, and it is necessary to continue the interest rate hike for the time being.” In the 24th, the Monetary Policy Committee of BOK said, “We decided to raise the benchmark interest rate by 0.25%p from the current 3% to 3.25%.” Accordingly, the benchmark interest rate will be operated at the 3% level until the next decision.