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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
현대자동차그룹이 글로벌 최대 자동차업체인 독일 폭스바겐그룹의 ‘아우디’와 손잡고 수소전기차 분야의 혁신 이니셔티브를 강화한다. 글로벌 수소전기차 시장의 저변을 확대하고, 확고한 기술 경쟁력을 바탕으로 미래 수소전기차 시장에서의패권 경쟁을 주도하기 위…
Samsung SDS President Hong Won-pyo. (Photos: Samsung SDS)Marie Wieck, IBM’s president in blockchain, speaks at the Think Korea Forum at the Grand Hyatt Hotel in Seoul on May 24. The two met at Samsung SDS headquarters in Jamsil, Seoul on May 29 to d…
LS C&S CEO Myung Roe-hyun and AG Group Chairman Panji Winata hold a copy of an agreement in which LS C&S and PT Artha Metal Synergy signed to set up a joint venture plant in Indonesia in Seoul on June 18. (Photo: LS C&S)LS Cable & Sys…
V. Chairman Park Jin-soo of LG Chem.LG Chem has been working on the projects to find new growth engines although the company already has a number of key industrial areas to keep itself going including basic materials, batteries, information electroni…


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