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Economy/Finance
Chairman Sohn Tae-seung of the Woori Financial Group.The Seoul Administrative Court¡¯s ruling in favor of Woori Chairman Sohn Tae-sung has eliminated a big stumbling block standing in the way for his bid to be reelected for his second term during an upcoming regular shareholders' meeting. The court ¡¦
Chairman Kim Gwang-soo of NH Nonghyup Financial Group presides over a teleconference meeting at the financial group headquarters in Seoul on March 19 to provide financial support to companies, hit hardest by COVID-19. (Photos: NH Nonghyup Financial Group) Nonghyup Bank President-designate Son Byung-¡¦
Yoon Jong-won (first from left), president of the IBK, explains the IBK¡¯s special financial supporting programs for small and medium-sized enterprises (SMEs) after listening to difficulties facing SMEs in a meeting in Ulsan with representatives of SMEs in Ulsan, Busan, and Yangsan on Feb. 13. (Phot¡¦
Chung Young-chae, CEO of NH Investment & Securities. (Photo: NHIS) Chung Young-chae was reelected as CEO of NH Investment & Securities. NH Investment & Securities made the decision in a board meeting on March 5. Chung will head up the company for two more years, until March 2022.Chung gr¡¦
Chairman Kim Yong-duk of the General Insurance Association of Korea (GIAK) speaks at a New Year¡¯s meeting with reporters in Seoul on Jan. 20. The General Insurance Association of Korea (GIAK) is seeking to pursue institutional reform in indemnity insurance and car insurance as the loss rate is reac¡¦
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Hana Bank is seeking making strategic investments by acquiring a stake in a ranking Myanmar-based commercial bank to enter the Southeast Asian financial Market. The move is similar to Hana Bank¡¯s strategy of diversifying its business portfolio by acquiring an equity stake in the Joint Stock Commerc¡¦
Cho Yong-byung, chairman of the Shinhan Financial Group. (Photo: Shinhan Financial Group) Shinhan Financial Group recorded the highest-ever net profit since its establishment, with 3,403.5 billion won in net profit in 2019. This was an increase of 7.8 percent compared to the previous year. The group¡¦
Chairman Yoon Jong-kyoo of KB Financial Group. (Photo: KB Financial Group)KB Financial Group remained in the ¡°3 trillion won club¡± for net income for three consecutive years in 2019. The group announced on Feb. 6 that it posted 3,311.8 billion won in net income last year, including 534.7 billion w¡¦
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Industry/Energy
President Hwang Ju-ho of Korea Hydro & Nuclear Power (KHNP) (Photos: KHNP)Korea Hydro & Nuclear Power (KHNP) held the ¡°Team Korea Project Promotion Strategy Meeting for the Czech New Nuclear Power Project¡± to implement the new nuclear power¡¦
(from left) Chmn. Koo Ja-kyun of LS ELECTRIC, President Kim Dong-cheol of Korea Electric Power Corp. (KEPCO) and President Koo Bon-gyu of LS Cable & System attend a ceremony to strike an MOU on building a data center superconductivity power gird ¡¦
Chairman Koo Ja-eun of LS Group. (Photos: LS Group)The ¡°One Big Beautiful Bill Act (OBBBA)¡± which went into force after it was signed by U.S. President Donald Trump, has made Korean companies stand on the guard due to curtailment and early terminat¡¦
Chairman Park Jung-won of Doosan Group. (Photo: Doosan Group)Doosan Enerbility said on July 23 that it had obtained a type certification from Underwriters Laboratories (UL), the global leader in product safety testing and certification, for its 10MW ¡¦


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