Foreign business news in brief


  • Business
  • Saturday, 08 Mar 2003

SEOUL: Samsung Heavy Industries Co Ltd has won orders to build 13 container ships and seven oil carriers for about US$1.1bil from Canadian and European companies. 

The contracts bring the total number of orders received by the company in the three months to March to US$2bil, which represents about 60% of its US$3.5bil target for the full year. – AFX 

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