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Economy/Finance
Woori Financial Co. warned that household debts have grown so big that many borrowers are facing default on some of their loans as concerned banks have made their borrowing conditions more difficult for home loan borrowers.Many young people are turning to capital loan companies for loans on credit a…
Hanwha Securities and Hanwha Investment Securities merged to be reborn as Hanwha Investment and Securities in order to act as an investment banking affiliate for the Hanwha Group and as a top-tier securities firm to more powerfully climb the ladder of greater challenges ahead. The newly-merged …
The life insurance industry has kicked off its social service activities with the Life Insurance Social Service Committee presenting 12 cars to social welfare institutions at a ceremony held at Han River Park in Yeouido, Seoul, on July 17, the Korea Life Insurance Association (KLIA) said recently.Ch…
Chairman Shin Dong-kyu of NH Financial Holding Co. has decided to increase the capital of its affiliates including NH Bank and NH Life Insurance by around 1.7 trillion won to boost their competitive strength. The increased funds will be invested largely in non-financial business sectors, the holding…
Hana Bank China Ltd has been considered the most successful overseas subsidiary not only at Hana Financial Group, but also inside the Korean financial industry due mostly to its outstanding localization characteristics, financial industry sources said recently under the brilliant leadership of Chair…
Chairman Han Dong-woo of Shinhan Financial Group said he will lead the financial group to turn around its strategy of pursuing only profits to one that will also carry out social contributions along with profits, thus “catching two rabbits at one time.”At a ceremony celebrating the group’s 11th a…
Woori Financial Group, as a follow-up measure after the meeting of the chairmen of major financial holding companies on Aug. 21, has decided to resolve the household debt crisis, expand loans to SMEs and the financially poor as well as promote exports and investments in support of the real economy t…
Woori Financial Group, as a follow-up measure after the meeting of the chairmen of major financial holding companies on Aug. 21, has decided to resolve the household debt crisis, expand loans to SMEs and the financially poor as well as promote exports and investments in support of the real economy t…
The following is a summary of a written interview with Chmn. Euh Yoon-dae in which he outlines the group’ s plans and strategies for both domestic and overseas operations °™Ed.One of the biggest management objectives for KB Financial Group has been risk management, especially in the area of house…
The Industrial Bank of Korea led by CEO Cho Joon-hee has been pushing its globalization under a strategy designed to set up a global belt in Asia and then to expand its operations to six continents by setting up operation bases in those regions.The IBK’ s major aim is to set up the bases in those k…
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Policy/Politics
권평오 KOTRA 사장코트라(KOTRA)가 선진국 무역관 인원을 성장 가능성이 큰 신흥국으로 재배치한다. 신북방·신남방 지역에 무역관을 신설하고 코트라 직원들이 주로 맡아온 해외무역관장 자리의 20%를 외부에 개방한다. 권평오 사장은 10일 서울 서초구 본사에서 열린 …
한국철도시설공단(이사장 김상균)은 동해선 포항∼삼척 철도건설 사업의 64개 터널 중 최장(最長)터널인 옥원터널(길이 5.63km)을 10월 11일(목) 무사고·무재해로 관통했다고 밝혔다. ○ 강원도 삼척시 원덕읍 옥원리와 임원리를 연결하는 옥원터널은 연약한 점토나 바…
DMZ 자생식물원산림청장 김재현산림청(청장 김재현)은 오는 18일 '제17회 산의 날'을 맞아 강원도 양구군 해안면 비무장지대(DMZ)자생식물원에서 산림유공자와 산림가족, 지역주민 등 300여명이 참석한 가운데 기념식을 갖는다.산림청은 국제연합(UN)이 2002년을 '세계 …
이철우 경상북도지사 경상북도는 11일(목) 서울 신라호텔에서 제19회 세계지식포럼의 일환으로 ‘스마트 X 프로젝트’를 주제로 한 경상북도 특별세션을 개최했다.‘스마트 X 프로젝트’특별세션은 침체돼 있는 제조업 분야의 혁신을위한 스마트 팩토리 구축 전략과 사…


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