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Economy/Finance
Chairman Cho Yong-byeong of Shinhan Financial Group.(Photo:SFG) Chairman Cho Yong-byeong of Shinhan Financial Group called for reforms over and beyond those performed in the financial industry to achieve its target of being a leading financial group in Asia in 2020 and also its position as the top …
Chairman Yoon Jong-kyoo of KB Financial Group reelected for another term. (Photo: KB Financial Group) Chairman Yoon Jong-kyoo of KB Financial Group is certain to serve another term with the Expanded Managerial Structure Committee of the group ready to recommend him as the next chairman on Sept. 26.…
(from left) KEB Hana Bank President Ham Young-joo, Hana Financial Group Chairman Kim Jung-tai, President Min Ung-jun of Finnq Co., and SK Telecom President Park Jung-ho participate in a ceremony to release the financial application Finnq at the KEB Hana Bank headquarters in Myeongdong, downtown Seou…
President Eun Seong-soo of the Export and Import Bank of Korea. (Photos: Eximbank) President Eun Seong-soo of the Korea Export and Import Bank (Eximbank) said he will try to find export-type new industries in the 4th Industrial Revolution and engage in market-friendly restructuring on the existing …
A view of the Eximbank building in Seoul.(Photo: Eximbank) The Export and Import Bank of Korea (Eximbank) said Aug. 25 that it signed a facility agreement (FA) with the central bank of Iran to facilitate the provision of 8 billion Euro (10.6 trillion won) in loans to Korean firms operating in Iran.…
Shinhan Financial Investment, the control tower for Shinhan Financial Group’s investment banking sector, is in the middle of taking a stake in Nova Land Group, a real estate development company in Vietnam, jointly with Intarcia Therapeutics, a U.S. bio-technology company. The price tag is set at …
Woori Bank is slated to issue the Webee Coin based on blockchain technology at the end of the year in a move to secure a dominant share of the digital currency market.  The bank’s plan has been drawing the keen attention of the financial industry, as it would be the first move by a bank to …
A view of the Samsung Life Insurance building in Seoul.(Photo: Samsung Life) Land and Housing Corp. (LH) is exporting a homegrown model of smart city technologies that it has developed. The exporting model integrates a wide array of advanced ICT, ranging from tap water to energy, transpiration and …
The KDB Social Service Volunteer Team members who helped  to deliver Chusok gift packages to the needy senior citizens in 350 homes in Seoul this year pose for a photo session in front of the Senior Citizens Welfare Home in Seoul.(Photo: KDB) New President Lee Dong-gull of the Korea Developmen…
President Kim Do-jin of the Industrial Bank of Korea. (Photos: IBK) The Industrial Bank of Korea (IBK) announced on Sept. 7 that it will launch the Start-up Support Master Program as part of the Companion Fund in support of the government’s initiative to seek out reformative businesses and help le…
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Business/Company
An ad copy showing the idol group Twice advertising Pocarisweat produced and marketed by Dong-A Otsuka.(Photos: Dong-A Otsuka) Dong-A Otsuka recorded a huge profit three years in a row thanks to the enormous popularity of the Oronamin C beverage and…
LS Group Chairman Christopher Koo makes an inspection tour to Ls Nikko Copper plant in Ulsan last May. (Photos: LS Group)t LS Networks advanced the payment of supplies worth 8.2 billion won to its cooperative partners prior to the last Lunar New Yea…
Chairman Yun Dong-hwan of Korea Kolmar. Korea Kolmar’s 1.3 trillion won offer has been named as the priority bid for CJ Healthcare on Feb. 20, securing a base for its emergence as an integrated healthcare business firm. The company grew continuous…
Shown here is acrylonitrile butadiene styrene (ABS) resin. LG Chem maintains the global No. 1 position in the value-added ABS resin business. (Photo: LG Chem) LG Chem is Korea’s representative exporter company, earning more than 60 percent of its a…


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