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Economy/Finance
President Moon Sung-yu of Korea Asset Management Corp. (KAMCO) and trade union head Kim Seung-tae participate in an event to join forces in overcoming a crisis, caused by the spread of COVID-19 on March 9. (Photos: KAMCO)Korea Asset Management Corp. (KAMCO) has played the part of economic safety net…
President Wi Seong-bak of Korea Deposit Insurance Corporation (KDIC) and IBK President Yoon Jong-won pose after they signed an MOU at IBK headquarters in Seoul on Feb. 28. (Photo: KDIC)The relentless spread of the novel coronavirus is expected to put increasing pressure on debtors who are carrying o…
KODIT Chairman Yoon Dae-hee listens to the voices of the management and employees at Kiseung Industrial Co., a car parts manufacturer in Daegu on April 9. (Photo: KODIT)The Korea Credit Guarantee Fund (KODIT) announced on April 13 that it was actively expanding guarantee-based support for small and …
The Export-Import Bank of Korea holds a meeting presided over by Bang Moon-kyu (before the monitor at the center), chairman-president of the state-run Export-Import Bank of Korea in order to help Korean companies suffering from the spread of the COVID-19 virus with emergency financial support throug…
An view of KDB headquarters in Yeouido, Seoul. (Photo: KDB)The Korea Development Bank (KDB) will buy 1.9 trillion won worth of corporate bonds in order to keep the Korean financial market stable in April. Corporate bonds of grade A or higher worth up to 200 billion won per company will be purchased …
President Yoon Jong-won of the Industrial Bank of Korea (IBK) talks with the head of a small business struggling to cope with the damages, caused by the spread of COVID-19 on March 17. President Yoon Jong-won of the Industrial Bank of Korea (IBK) said, “The collapse of SMEs will have a greater impa…
Shinhan Bank President Jin Ok-dong. (Photos: Shinhan Bank)Shinhan Bank President Jin Ok-dong stressed the importance of bold decision-making to challenge old methods that have been verified, saying established business plans need to be continuously reviewed and reevaluated. President Jin made the re…
Chairman Yoon Jong-kyoo of KB Financial Group. (Photo: KB Financial Group)KB Financial Group will acquire Prudential Life Insurance’s Korean unit. The financial group held a board of directors’ meeting on April 10 and approved its acquisition. KB Financial Group struck a sales and purchase agreeme…
Hana Financial Group Chairman Kim Jung-tai, Hana President Ji Sung-kyu and Hana Card President Jang Kyung-hoon attend an emergency meeting of CEOs of the group’s subsidiaries on March 2 to discuss ways of providing financial support to small businesses, buffeted by the spread of COVID-19. (Photos: …
Woori Financial Group Chairman Sohn Tae-seung, Woori Bank President Kwon Kwang-seok tours the bank’s South Gate branch in Seoul and listens to voices of merchants grappling to cope with hardships, caused by the spread of COVID-19. (Photo: Woori Financial Group)Chairman Sohn Tae-seung of Woori Finan…
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Culture/Tourism
<서울시 강서구 공항동 소재 대한항공 본사 격납고에서 보잉 747-8i 항공기 헤파 필터를 교체하고 있는 모습>대한항공이 코로나19 바이러스로부터 안전한 기내 환경을 만들기 위한 항공기 기내 공기순환 시스템 및 헤파필터에 대한 특별 점검을 실시했다.대한항공…
A fascinating view of Signial Busan, overlooking the Haeundae Beach in Busan. (Photos: Lotte Group)Signiel Busan, Lotte Hotel’s premium landmark hotel brand, was opened in Busan on June 17. It is the second hotel from the brand Signiel following Sig…
A poster to publicize the 2020 World Heritage Festival-Korean Seowon.Andong and eight local governments who have Confucian academies and eight other Confucian academies, designated as UNESCO World Heritage sites are holding the 2020 World Heritage Fe…
아시아나항공(사장 한창수)이 코로나19 종식에 대비해 항공기를 비행에 즉시 투입할 수 있도록 안전 정비에 만전을 기하고 있다. ▶ 중정비 조기 수행 및 자체 정비 전환아시아나항공은 코로나19로 인해 장기 주기 된 항공기가 증가함에 따라 중정비 조기 수행을 …


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