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President Lee Myung-bak speaks at an emergency economic ministers’ meeting at the Korea Finance Corp. headquarters in Seoul as Minister of Strategy and Finance Bahk Jae-wan looks on. The government decided to set up a $500 million fund supporting Korean contractors’ activities in the Mideast. …
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President Kim Jae-yol, in charge of overall management planning for Samsung Engineering Co., has been widening his areas of management responsibility recently.Kim was with President Park Ki-seok in a signing ceremony for the company's winning a project to build an NGI plant in Abu Dhabi on Feb. 2 at…
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Korea Expressway Corp. (KEC) said it will execute 60 percent of its 3.2 trillion won budget for construction and expansion of highways around the country in the first half of this year aimed at saving 1.5 trillion won in logistics expenses nationwide and creating 60,000 jobs.The highway construction…
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Environment Vice Minister Yoon Jong-soo explains his ministry 's policies at a meeting with members of the Seoul Foreign Correspondents' Club.About 1,000 environment experts from around the world will assemble at the International Convention Center (ICC) Jeju from Sept. 6-15 to participate in t…
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A view of an iron ores and mineral carrier weighing 400,000 tons, the largest such ship in the world built and launched by Daewoo Shipbuilding and Offshore Co.President Nam Sang-tae of Daewoo Shipbuilding and Offshore Co. said recently that the shipyard signed a contract worth $1.1 billion to build …
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Korea Expressway Corp. (KEC) said it will execute 60 percent of its 3.2 trillion won budget for construction and expansion of highways around the country in the first half of this year aimed at saving 1.5 trillion won in logistics expensesnationwide and creating 60,000 jobs.The highway constru…
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A scene of the signing ceremony on Nov. 5, 2011 for the Petron Refinery Master Plan Phase 2 project in the Philippines as Daelim Industrial wins the project with Vice Chairman Lee Hae-wook and Vice Chairman Charles Y. Kim in attendance.Daelim Industrial Co. saw its operating profit in 2011 ris…
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Chairman Park Sam-koo of Kumho-Asiana Group.President Ki Ock of Kumho Eng-ineering and Construction Co. said strengthening the competitive power of the company will be the most important objective in his mana-gement strategy for this year.The CEO has chosen securing project orders, increased sales, …
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Officials of Samsung Engineering and Gas Corp. of Saudi Arabia pose for a photo session during a signing ceremony for the NGI plant construction project in Abu Dhabi on Feb. 2. President Kim Jae-yol in charge of planning and global strategy, 2nd L, and CEO Park Ki-seok are among the officials.…
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Chmn. Choi Kyu-sam of the Federation of Construction Associations.The Federation of Construction Associations held a New Year's ceremony at Lotte Hotel in Seoul on Jan. 6 with over 1,000 people attending including legislators led by Reps. Lee Sang-jong, chairman of the National Construction Policy C…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group joined the trend of logging record-breaking first-quarter earnings, achieving its highest performance since its merger with Korea Exchange Bank (KEB) wi…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group logged an all-time high net profit of about 1.9 trillion won in the first quarter of this year, driven by improved outcomes in the non-banking sector. K…
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Shinhan Bank President Jung Sang-hyuk poses for a photo with officials of FTP Corp. in Hanoi,Vietnam. (Photo: Shinhan Bank)Shinhan Bank announced on April 27 that it signed business agreements with major local financial and industrial institutions by…
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KODIT CEO Kang Seung-jun (fifth from the left) poses for a photo with participants in the NEST AI-Lab Launch Ceremony on May 8. (Photo: KODIT)Korea Credit Guarantee Fund (KODIT) announced on May 11 that it held a launch ceremony for NEST AI-Lab at NE…
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