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Economy/Finance
Chairman Kim Seung-yu of Hana Financial Group."Stable growth through managing the two factors well is the target of the bank this year. In order to achieve the objectives, the bank will go all out to find new growth areas such as crossover sales in its operations in order to diversify profit sources…
Chairman Euh Yoon-dae of KB Financial Group.Chairman Euh Yoon-dae of KB Financial Group is getting a plan ready to take over a foreign bank or buy stakes when banks impacted by the European debt crisis this year are up for sale. The chairman, who is a former chancellor of Korea University, told…
Chairman Han Dong-woo of Shinhan Financial Group.Chairman Han Dong-woo of Shinhan Financial Group said it is not a sure thing whether or not the group can sustain its pace of recent growth this year, even with the stellar results of last year."If our export industries falter due to a global slowdown…
President Lee Soon-woo of Woori  Bank.To advance the mid- to long-term vision to be among the global top 50 and the Asian top 10 players, Woori Financial Group (WFG) set its 2012 management target on building up business infra for the maximization of the Group's value. Key management strategies…
President Cho Jun-hee of the Industrial Bank of Korea."We are ready to take about 400 billion won in losses by expanding our loans to SMEs this year," President Cho Jun-hee of the Industrial Bank of Korea (IBK) said in his New Year media briefing on Jan. 2.Cho said the bank's net profit projection f…
Chairman and President Kim Yong-hwan of the Export-Import Bank of Korea.The Export-Import Bank of Korea (Korea Eximbank) announced that it has successfully issued global bonds totaling $2.25 billion to investors worldwide on the dawn of Jan. 5. The offering is the largest single Korean global bond o…
President Chang Young-chul of Korea Asset Management Corp.President Chang Young-chul of Korea Asset Management Corp. (KAMCO) said this is the 50th year for KAMCO, a company devoted to the stabilization of the financial market since its launching a half century ago."In order to be ready for the compa…
Chairman Kang Man-soo of KDB Financial Group.Chairman Kang Man-soo of KDB Financial Group said recently that the financial group will sell 10 percent of the 100 percent stake owned by the government and the Korea Investment Corp. (KIC) through the stock market this year.KDB Financial's plan has alre…
Minister of Knowledge Economy Hong Suk-woo attends a meeting with the nation's top 30 business group leaders at the Seoul Renaissance Hotel on Jan. 13.The nation's top 30 conglomerates have decided to set aside a combined 151.4 trillion won in investments and create 123,000 new jobs during this year…
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Construction
Late Chairman Chung Ju-yung of Hyundai Group, left, is on a tour of the Jubail Industrial Harbor expansion project in Saudi Arabia in 1976. (Photo: Hyundai E&C) Hyundai Engineering and Construction Co. (Hyundai E&C) went overseas for constru…
A bird’s eye view of the Godeok Lotte Castle Veneluce  with 1,859 apartments in 20 residential buildings,  each with 29 floors, put up for sale by Lotte E&C. (Photo: Lotte E&C) Lotte Engineering and Construction (Lotte E&C) ha…
A bird’s eye view of the Landmark City Central The Sharp with 3,472 apartments and 1,242 officetels in Songdo, Incheon, just put on the market by POSCO E&C. (Photo: POSCO E&C) POSCO Engineering and Construction Co. (POSCO E&C) will put …
Dignitaries on hand at a presentation session for a Saudi city project join hands. They are (from left) Hanwha E&C President Choi Kwang-ho,; Daewoo E&C President Park Chang-min,; Saudi Minister of Housing Majed al-Hogail,; Chairman Sulaiman S…


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