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Economy/Finance
(from left) President Suh Hyun-ju of Jeju Bank. / President Lee Byung-chan of Shinhan Life Insurance Co. / President Min Jung-ki of Shinhan Parisbas Asset Management Co. / President Seol Young-oh of Shinhan Capital Co. / President Kim Young-pyo of Shinhan Savings Bank. / President Lee Shin…
Kookmin Bank's ad for its KBot Sam, an AI Robot advisor banking service, launched on Jan 29. Kookmin Bank launched on March 7 its Star Banking Service run by human expert and Robo algorism to take care of the asset management. The Robo Sam Portfolio is a solution developed by tailor-made portfolio…
Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG) Shinhan Financial Group netted 2.917 trillion won in net profit last year, the second biggest since 2011 when the financial group logged 3.100 trillion won in net profit, the group said Feb. 7. The 2017 net profit, up 5.2 percent YoY…
Chairman Yun Jong-kyu of KB Financial Group KB Financial Group logged the best results in its history last year to take over the top position among rival financial groups in the country with its net profit coming to around 3 trillion won, the first financial group to do so in history, the group sai…
Chairman Choi Jong-ku of Financial Services Commission(FSC)(Photo: FSC) Starting Jan. 30, Korea will only allow authenticated bank accounts to be involved in virtual currency trading  Those with virtual currency accounts created by banks after their real name has been verified will be allowed…
Chairman Kim Yong-hwan of NH Financial Group joins other officials and the Cambodian officials led by  Minister of Posts and Telecommunication, Tram Iv Tek, on Feb. 8 in Seoul for talks on  the financial group’s move to take over a microcredit firm in Cambodia.(Photo: NH Financial) NH Fi…
KEB Hana Bank President Ham Young-joo and POCOG President Lee Hee-beom hold a copy of a deal on the official bank partner of the PyeongChang Winter Olympic Games after they signed it at the bank’s headquarters in Myeongdong, downtown Seoul, last April 18.(Photo: KEB Hana Bank) KEB Hana Bank going …
Woori Bank President Sohn Tae-seung.(Photos: Woori Bank) Fitch Ratings has affirmed South Korea-based Woori Bank's Long-Term Issuer-Default Rating (IDR) at 'A-'. The Outlook is Stable. Fitch has also affirmed Woori Bank's Viability Rating at 'bbb+'. A full list of rating actions is at the end of th…
New Chmn. Kwon Yong-won of Korea Financial Investment Association(KOFIA). Chairman Kwon Yong-won said he will be a leader in financial sector deregulation while running the Korea Financial Investment Association (Kofia) over the next three years. He met reporters for the first time since getting e…
Senior Vice Chairman Choi Hyun-man of Mirae Asset Daewoo Securities Co. Senior Vice Chairman Choi Hyun-man of Mirae Asset Daewoo said some seniors use a principal bank from the age of the “development economy.” Now is the time to have a principal securities firm, he said, to keep up with changes …
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Industry/Energy
New KEPCO E&C President Lee Bae-soo. (Photos: KEPCO E&C) New KEPCO E&C President Lee Bae-soo took office as CEO of the company at an inauguration ceremony at its headquarters in Gimcheon, Gyeongsangbuk-do, on Feb. 13.  The inaugura…
Vice Chairman Huh Soo-young, head of Lotte Group’s Chemical Business Unit. (Photo: Lotte Chemical) Lotte Chemical is forecast to benefit from favorable factors such as a booming U.S. ethylene industry, Kiwoom Securities Co. said in a report.  …
A view of the KEPCO pavilion, titled “Smart Energy City Unfurls in PyeongChang,” during  2018 PyeongChang Winter Olympics. Beijing, the host city of the next Winter Olympic Games, Tokyo, the venue of the next Summer Olympiad, joined other cou…
An official with LSIS explains to a foreign visitor exhibits on display at the World Smart Energy Week 2018. (Photos: LSIS) LSIS has come up with total solutions ranging from photovoltaic power to ESS, direct current, alternate current power solutio…


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