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Economy/Finance
Chairman & CEO Chang Young-chul of Korea Asset Management Corp. said the applications for replacement loans have been piling up sky high and KAMCO has been busy setting up an Internet Window for accepting the loan applications starting in July.KAMCO, which has already celebrated its half century…
'Roses Given to Koh So-young When Confessing Love'rofessor Ahn Jong-bae's professional book on contents marketing , “Contents Marketing” is a story-telling marketing, showing the features of  examples of the contents industry and contents marketing in 13 genres such as tourism, movies, and ga…
Chairman Jun Kwang-woo of the National Pension Service (NPS) said NPS might invest in Korean-type hedge funds to invigorate the hedge fund market in Korea at an international forum on Korea-type hedge funds and new challenge and opportunities held at the Westin-Chosun Hotel on June 14.The NPS CEO sa…
The Korea Financial Investment Association (KOFIA) and KOTRA signed an MOU on May 16 at the JW Marriot Hotel in downtown Seoul to speed up the globalization of Korean financial investment firms as well as cross-border M&As for Korean SMEs abroad, the two business associations said recently.The t…
Chairman Kim Jung-tae of Hana Financial Group made clear that the Korea Exchange Bank (KEB) will be a member of Hana Financial Group and, therefore, the group will meddle in its management as a holding company would with any affiliate of the group.Chairman Kim’s statement is designed to clear up a …
Woori Financial Group’s total financial assets amounted to 403 trillion won at the end of the first quarter this year, exceeding the 400 trillion won level for the first time among all financial groups in Korea, solidifying its position as the nation’s largest, the group said recently.The group sa…
KDB Financial Group has launched a study to export the Korea Development Bank’s growing experience as a state-run development financing bank that supported the rapid development of Korean industry to African nations, the group said recently.The key purpose is to help with the economic development o…
Mirae Asset Global Investments recently commenced operations since the completion of its merger with Mirae Asset MAPS Global Investments, its sister company specialized in alternative investments. Mirae Asset Global Investments, led by Vice Chairman Koo Jae-sang, 45, has become an undisputed po…
Kyobo Life Insurance Co. on May 4 hosted a reception at Lotte Hotel in Seoul for heads of asset management firms including foreign asset management firms in Seoul such as Goldman Sachs, Templeton and KTB Asset Management totaling 22 at the invitation of Chairman Shin Chang-jae. The occasion too…
Korea Life Insurance has been predicting that diverse retirement fund and guarantee type life insurance products in the age of an aging population would become key products in the life insurance industry this year and plans to introduce its own products to go with the market trends, the life insurer…
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Business/Company
Chairman Park Jung-won of Doosan Group. (Photo: Doosan Group) Doosan Group increased its cash holdings to 1 trillion won with sales of its affiliates, Doosan Engine and Doosan Portable Power, to pick up where it left off in May to rush its financial…
Samsung Group ‘s reshuffle is getting wider than expected to refresh its management amid a management vacuum, caused by the absence by Samsung Group Vice Chairman Lee Jay-yong. A first salvo in the upcoming widespread personnel change of the group…
An official at Hyundai Cradle test-operates a biorhythm measurement technology while sitting at the wheel as other officials look. Hyundai Motor is setting up Hyundai Cradle in Silicon Valley of the United States, which will serve as an advance cent…
Hanwha Group Chairman Kim Seung-youn. New Vice Chairman Cha Nam-gyu.New Vice Chairman Kim Chang-beom. Hanwha Business Group carried out a reshuffle of group and subsidiary CEOs, promoting two members on the Management Coordination Committee on …


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