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Economy/Finance
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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Industry/Energy
President Cho Hwan-eik of Korea Electric Power Corp. (KEPCO) (Phoertos: KEPCO) Korea Electric Power Corp. (KEPCO) is considering acquiring a biomass power plant now under construction in Georgia, the United States. A biomass power plant uses waste t…
Samsung Electronics Vice Chairman Kwon Oh-hyun.A 1 terabit (Tb) 3D V-NAND flash memory, developed by Samsung Electronics for the first time in the world. Samsung Electronics has ushered in an era of 1 terabit (Tb) 3D V-NAND flash memory for the firs…
President Yoon Jong-geun of Korea Southern Power Co. (KOSPO)  other executives and staff members vow to achieve the”New/Renewal 3030 Target” a workshop at the Ibis Ambassador Hotel in Busan on July 31. (Photo: KOSPO) Korea Southern Power Co. …
Hyundai Motor shows off the self-driving vehicle Ioniq EV at the North America Auto Show in Detroit on Jan. 10, 2017. (Photos: Hyundai Motor) Hyundai Motor Group is concentrating on the development of autonomous autmobiles, connected vehicles and ec…


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