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Economy/Finance
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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Business/Company
Samsung Electronics President Kim Ki-nam delivers his New Year’s address at a ceremony to kick off the 2018 business year at the Samsung Digital City in Suwon on Jan. 2.(Photo: Samsung Electronics) Samsung Electronics posted 53.6 trillion won in op…
Hyundai Motor Vice Chairman Chung Eui-sun and Aurora CEO Chris Urmson pose together beside the NEXO the Korean automaker unveiled at its booth at the CES 2018 in Las Vegas on Jan. 9. (Photo: Hyundai Motor) Hyundai Motor Vice Chairman Chung Eui-sun, …
POSCO Chairman Kwon Oh-joon poses with the staff with slab-making plant at Pohang Steelworks where he made an inspection tour on Jan. 2.POSCO Chairman Kwon waves POSCO’s flag celebrating the 50th anniversary at a ceremony to kick off the 2018 busine…
Lotte Group Chairman Shin Dong-bin speaks at a ceremony to kick off the 2018 business year. (Photos: Lotte Group) In his New Year’s message, Lotte Group Chairman Shin Dong-bin urged his executives and staff members to add values to customers’ live…


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