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Economy/Finance
Chairman and CEO Lim Jong-ryong of Nonghyup Financial GroupThe NH Financial Group has taken over three affiliates of Woori Financial Group in a package that included Woori Investment and Securities (I&S) Co., Woori Life Insurance Co., and Woori Savings Bank in an open bidding held on Dec. 16 bea…
Korea Asset Management Corp. President Hong Young-manPresident Hong Young-man of Korea Asset Management Corp. (KAMCO) said in his New Year’s speech that this year should be the year for KAMCO to become a state-owned company that the people love by resetting its corporate culture based on trust and …
Chairman Hong Ky-ttack of KDB Financial Group.(Photo:Courtesy of KDB)Chairman Hong Ky-ttack of KDB Financial Group said in his New Year’s speech that KDB has been given back its role to act as a state financial group, a window of government policy loans, as it did last year in order to contribute t…
IBK President Kwon Seon-jooKwon Seon-joo, the senior executive vice president of the Industrial Bank of Korea, has taken over as the  CEO of the state-run IBK on Dec. 27   She is the first female president of a bank in Korea as she was officially installed to head the IBK on Dec. 27, last…
Chairman Kim Yong-hwan of Korea Export and Import Bank holds a bouquet and the Dasan Financial Award for his achievements in the area of public finance, along with Chairman Shin Je-yoon of the Financial Services Commission, left.(Photo: Courtesy of Korea Exim Bank)Chairman and CEO Kim…
President Kim Ju-ha of NH Bank.(Photo:Courtesy of NH Bank)Vice President Kim Ju-ha of NH Financial Holdings Co. was promoted to president of NH Bank and officially installed in his new position on Jan. 2 in a ceremony. The new president said in his inaugural address that he will lead the bank to be …
Chairman Choi Kyung-soo of the Korea Exchange gives his New Year speech at a ceremony on Jan. 2 at the Korea Exchange(KRX).(Photo:Courtesy of KRX)Chairman Choi Kyung-soo of Korea Exchange (KRX) said in his New Year’s address that KRX should explore new earnings sources through Creative Finance…
Chairman Park Jong-soo of the Korea Financial Investment Association (KFIA)Chairman Park Jong-soo of the Korea Financial Investment Association (KFIA) said in his New Year’s statement that the economy is expected to improve this year, but the financial environment would not likely favor the financi…
President Ryu Sang-ho of Korea Investment and Securities Co.(Photo:Courtesy of KIS)President Ryu Sang-ho of Korea Investment and Securities Co. (True Friend) won the 23rd Dasan Financial Award for recording the largest first-half profit in 2013 amounting to 65.8 billion won in the industry, accounti…
Shinhan Investment Corp. President Kang Dae-sukShinhan Investment Corp. has launched the Sales and Trading Group to make the interrelationship between the manufacturing and distribution of goods smooth so that the company will not have to rely heavily on brokerage fees for its income. The company al…
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Business/Company
One of the best-selling Korean ice cream products of all time, the World Cone, is an ice cream product made by Lotte Confectionery. Roughly 80 billion won of the product was sold last year, helping it retain its No. 1 position in the ice cream market…
Samsung SDS President Hong Won-pyo reveals his company’s plan at the “Real 2019” the company hosted at Shilla Hotel in Seoul on May 8. (Photo: Samsung SDS)Samsung SDS is strengthening projects to help companies pursue digital transformation. The c…
A fascinating view of the blossoming of fireworks along the Lotte World Tower, the 123-story landmark skyscraper in Seoul on May 4.Lotte Group Chairman Shin Dong-bin (Photos: Lotte Group)Many people still recall a breathtaking fireworks event held on…
Sulwhasoo Sullin Cream Sulwhasoo Yebit CreamSulwhasoo, a luxury brand among AmorePacific’s anti-aging cosmetic product lines, has signalled the renewal of the representative anti-aging Sulllin Line, marking its inclusion as its own anti-aging brand.…


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