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Economy/Finance
Dir. Gen. Kim Yoon-kyung of the International Financial Cooperation Bureau at the Ministry of Strategy and Finance (MOSF). (Photo: MOSF) Deputy Prime Minister Yoo will deliver a speech at an opening session of the Board of Governors in which he is expected to announce a plan to expand Korea’s cont…
Gov. Lee Ju-yeol of the Bank of Korea. Gov. Lee Ju-yeol of the Bank of Korea cautioned that increases in exports due to optimistic economic views across the country cannot be sustainable due the protectionist sentiments in some major importer countries. The central bank governor issued the warning…
Chairman Lee Dong-geol of Korea Development Bank Group.(Photo: KDB) Korea Development Bank (KDB) has been at the forefront of ushering in the 4th Industrial Revolution by helping build a new “growth intelligence system” and strengthen financial loan capacity.  The state-owned bank has been …
Chairman Choi Jong-ku of the Export and Import Bank of Korea(Eximbank), right, shakes hands with Minister Ian Acosta Montalvan of the Finance Ministry of Nicaragua after signing an agreement to provide $70.59 million, an EDCF loan, to finance the Manama Circulatory Road Construction Project in Nicar…
President Moon Chang-yong of Korea Asset Management Corp.(KAMCO). Korea Asset Management Corp. (KAMCO) bought the assets of “C” Company, a maker of shipbuilding materials, for 19.3 billion won and leased them back to the company to help keep it operating. The move will help it pay off its financi…
President Gwak Bum-gook of Korea Deposit Insurance Corp. Korea Deposit Insurance Corp. (KDIC) paid 504 million won to compensate an informer to locate hidden assets of a savings bank, which is the largest ever amount paid by the company since its establishment some 20 years ago. The KDIC has been …
Chairman Cho Yong-byoung of Shinhan Financial Group delivers his speech at a meeting. When Cho Yong-byoung took over as chairman of Shinhan Financial Group recently, he laid out his “2020 vision” to lead the financial group to be No. 1 in Asia within three years. Shinhan is not the only financia…
Chairman Yoon Jong-kyoo of the KB Financial Group. (Photos:KFG) KB Financial Group will take up the Code 2017 Project as its strategic task for this year, Chairman Yoon Jong-kyoo declared in his New Year’s speech. The project is designed to push the digitalization of operations of the group and it…
Chairman Kim Jung-tai of Hana Financial Group said in his New Year's speech the key word that is most often repeated inside the group has been “digital,” not “deposits,” “interest rates” or “services,” demonstrating that the age has arrived for financial business firms to compete with non-…
NH Financial Group launched the All One Bank, a mobile banking service, on Aug. 8 last year led by Chairman Kim Yong-hwan, 4th left, in a ceremony held at its head office in Seoul.(Photo: NH Financial Group) NH Financial Group has decided to push the digital finance as its growth engine for this ye…
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Business/Company
LG executives, including LG Group Chairman Koo Bon-moo, Vice Chairman Koo Bon-joon, LG Chem Vice Chairman Park Jin-soo, LG U+ Vice Chairman Kwon Young-soo, and LG Display Vice Chairman Han Sang-beom, participate in an event to celebrate the 70th anni…
Lotte Group Chairman Shin Dong-bin delivers his speech at a ceremony to celebrated the 50th anniversary of the gorup’s founding at the Lotte Hotel World in Songpa-gu, Seoul, on April 3. (Photo: Lotte Group) At a ceremony to mark the 50th anniversar…
POSCO Chairman Kwon Oh-joon. (Photo: POSCO) POSCO Chairman Kwon Oh-joon disclosed his plan to nearly double POSCO’s operating profit in a consolidated financial statement to up to 5 trillion won during his three-year term. POSCO chalked up 2.8443 t…
SK Group Chairman Chey Tae-won looks at a semiconductor item at SK Hynix’s plant in Chongqing, China. (Photo: SK Group) SK, marking its 64th anniversary on April 8, is no longer a company dependent primarily on domestic demand, but an exporter comp…


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