Tag Archives: Booyoung Group

In a sign that a roaring building boom will continue unabated for the foreseeable future, Cambodia’s construction and real estate sector, one of the four main pillars of the country’s economy, has drawn US$2.15 billion in investment projects in the first half of this year. The other three pillars are manufacturing (garment) sector, tourism, and […]

Investigations into personal wrongdoings of tycoons should not affect business By Yoon Ja-young The country’s leading conglomerates are facing unprecedented simultaneous bad events. On top of the current administration’s pressure to reform them, the tycoons of the top business groups are making headlines for personal problems such as embezzlement and divorce. Chaebol lobby groups which […]

[THE INVESTOR] Korean builder Booyoung Group is selling the office building of Samsung Fire & Marine Insurance it acquired a year ago to secure cash as it is suffering operating losses, according to industry sources said on May 17. Booyoung acquired the building, located in Euljiro, central Seoul, for 438 billion won (US$406 million) early last […]

South-Korea conglomerate and real-estate developer Booyoung Group, which was behind a $1.1 billion investment in the heart of Phnom Penh, plans to finally start construction after many years of delays since the project was launched in 2013. The company will also start selling units in the project after the 2018 general elections. Booyoung Group held […]