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Economy/Finance
Chairman Lee Pal-seung of Woori Financial Group has been pushing the group’s strategy this year to enhance its competitive power by strengthening risk management, expanding the base to generate more profit, securing a leading position for its non-banking sector, speeding up globalization of the gro…
Chairman Euh Yoon-dae of KB Financial Group announced at the shareholders meeting on March 23 at the Kookmin Bank head office in Yeouido, Seoul, that the group will jump into the race to take over ING Life Insurance Co. in competition with other financial firms including Woori Financial Group. The f…
Korea Export and Import Bank has decided to participate in Sukuk bond issuing with Aramco to finance the Sadara Project, the largest petrochemical plant project ever undertaken in Saudi Arabia.Aramco is slated to issue $2 billion worth of Sukuk bonds in the fall and Exim Bank will guarantee anywhere…
We are ready to take about 400 billion won in losses by expanding our loans to SMEs this year,” said President Cho Jun-hee of the Industrial Bank of Korea (IBK) at his New Year media briefing on Jan. 2.Cho said the bank’s net profit projection for this year has been cut by 400 billion won from las…
Chairman and CEO Chang Young-chul of Korea Asset Management Corp. (KAMCO) said in his congratulatory speech on KAMCO’s 50th anniversary on April 6 that he will steer the company to be an investment bank for the national economy by taking care of state assets and defaulted assets of state companies …
Chairman Kang Man-soo of the KDB Financial Group said the group will look for proper-scale foreign banks for M&As if they are in the market during his visit to KDB Hungary in Budapest on March 19.Under the group’s M&A strategy, he told officials of the group’s Hungarian subsidiary that the…
The Market Oversight Commission (MOC), under the umbrella of the Korea Exchange (KRX), put into place a stock market alert system effective March 12. The revamped system is considered to have a cooling effect on rapid stock price fluctuations caused by speculation or fictitious demand, thus contribu…
The Monetary Policy Committee of the Bank of Korea decided to leave the Base Rate unchanged at 3.25% for the intermeeting period.Based on currently available information, the Committee considers some economic indicators in the US to have shown trends of further improvement, but economic activities i…
Minister Park Jaewan of the Ministry of Strategy and Finance has a busy schedule ahead as he heads to Manila to attend the annual conference of the Asian Development Bank and the meeting of the Finance Ministers and Central Bank Governors of ASEAN+3, also in Manila from May 2-5.The minister will als…
President Park Keun-hee along with a number of executives and staff join hands in an event during the March 6 Vision 2020 Declaration ceremony at the company’s head office auditorium in Seoul.Samsung Life Insurance Co., the big brother in the life insurance industry, unveiled its vision to be rebor…
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Industry/Energy
차성수 한국원자력환경공단 이사장(왼쪽)과 IAEA 원자력에너지부 Mikhail Chudakov 사무차장이 업무협약연장에 합의하고  협정서를 교환하고 있다.한국원자력환경공단은 18일 IAEA(국제원자력기구)와 방사성폐기물 관리분야 협력을 계속하기로 하고 2015년 체결한 …
4차 산업혁명과 방폐장의 발전세미나가 4, 5일 양일간 경주 방폐장 코라디움홀에서 열렸다.방폐장 안전관리에 드론, 인공지능(AI) 등의 4차 산업혁명 첨단기술 도입이 추진된다.한국원자력환경공단(이사장 차성수)은 5일 월성지역본부에서 4차 산업혁명 전문가, 공단 직…
SK하이닉스가 10월 4일(목) 충청북도 청주에서 신규 반도체 공장 M15 준공식을 개최했다.“함께 여는 미래, 새로운 도전” 이라는 주제로 열린 이 날 행사에는 문재인 대통령, 김동연 경제부총리, 성윤모 산업통상자원부장관, 이시종 충청북도지사, 한범덕 청주시장, 최…
한국중부발전 김호빈 기술본부장이 ‘2018년 세계표준의 날’ 국무총리표창을 수상받고 있다.10월 11일(목) 한국중부발전이 발전5사 최초로 국가표준화 대상을 수상하였다. (오른쪽 두 번째부터 한국중부발전 김호빈 기술본부장, 엄기영 품질경영부장)한국중부발전(박형…


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