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Economy/Finance
Sohn Tae-seung, chairman of the Woori Financial Group, speaks at the 2020 Second Half Management Strategy Workshop for the Second Half of 2020 at Synergy Hall of Woori Bank Headquarters on Aug. 3. (Photo: Woori Financial Group)Woori Bank was recently selected as the foreign currency transaction bank…
Officials with Korea Credit Guarantee Fund (KODIT) hold a meeting designed to look at companies which have suffered losses and damages, caused by downpours on Aug. 10. (Photo: KODIT) Korea Credit Guarantee Fund (KODIT) announced on Aug. 21 that it has provided 360 billion won in new funds to compani…
Chairman Shin Chang-jae of Kyobo Life Insurance speaks at the online 2020 H1 strategic meeting at Kyobo Life Insurance headquarters in Gwanghwamun, Seoul, on July 3. Chairman & CEO Shin Chang-jae of Kyobo Life Insurance said, “The past’s proud history does not guarantee future survival.” He s…
Executive Vice Chairman Choi Hyun-man of Mirae Asset Daewoo, President Ma Deuk-rak, President Kim Sang-tae, Vice Chairman Cho Ung-gi and President Lee Sang-geol and President Lee Man-yeol attend a ceremony to declare a digital transformation vision at Mirae Asset Daewoo headquarters in Uljiro, Seoul…
President Wi Sung-baek of Korea Deposit Insurance Corp.(KDIC). (Photos: KDIC)Since taking office as president of the Korea Deposit Insurance Corporation, Wi Sung-baek, has put a lot of effort into solving the Camko City Project in Cambodia. “I have paid a lot of attention to the Camko City Project …
Chairman Eun Sung-soo of the Financial Services Commission (FSC) holds a meeting with chiefs of financial organizations, including Chairman Kim Yong-duk of the General Insurance Association of Korea, Chairman Kim Tae-young of the Korea Federation of Banks, Chairman Kim Joo-hyun of the Credit Financi…
Dignitaries, including Chairman Lee Kye-moon of Credit Counseling & Recovery Service, Chairman Park Jae-shik of Korea Federation of Savings Banks, President Moon Sung-yu of Korea Asset Management Corp. (KAMCO), and Vice Chairman Sohn Byung-doo of the Financial Services Commission, and Chairman K…
Chairman & President Bang Moon-kyu of Korea Eximbank and LH President Byun Chang-heum hold a copy of an MOU on overseas smart city infrastructure development projects after they signed the deal at Korea Eximbank headquarters in Yeouido, Seoul, on June 3. (Photos: Korea Eximbank)The Export-Import…
Yoon Jong-won, president of the IBK, poses for a photo shoot with employees in a ceremony to proclaim innovative management in a meeting of heads of nationwide branches at IBK Finance Tower in Seoul on July 27. (Photo: IBK)Industrial Bank of Korea (IBK) will make a new leap forward through “innovat…
Cho Yong-byoung, Chairman of Shinhan Financial Group. (Photo: Shinhan Financial Group)Although Shinhan Financial Group chalked up a loss in the second quarter due to the aftermath of the novel coronavirus and the Lime Fund Incident, it maintained its position as a leading financial group in the firs…
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Policy/Politics
Minister Hwang Jong-woo of the Ministry of Oceans and Fisheries (MOF), Vice Mayor Hwang Ki-yeon of Jeonnam-Gwangju Special Metropolitan City, and Gwangyang Mayor Park Sung-hyun and President Choi Kwan-ho of Yeosu Gwangyang Port Authority participate …
On Aug. 29, the government’s KDRT boards a helicopter for a search operation at a helipad of Kathmandu Airport, Nepal. (Photo: Ministry of Foreign Affairs)At 8:37 AM on Aug. 26, 2026, a massive glacier collapse occurred near the border between Nepal…
KBIZ Standing Vice Chmn. Oh Ki-ung, ISPF Chmn. Ahn Kyung-duk and President Lee Byung-hee of Korea Labor Research Institute pose for a photo as they attended a policy debate on eliminating of industry safety gap among large-sized companies and SMEs at…
President Byeon Jae-young of Ulsan Port Authority (UPA) signs a tripartite MOU with Royal Wagenborg and Korea Overseas Business Corp. to invigorate arctic shipping routes at BPA president’s office on Aug. 4.Ulsan Port Authority (UPA) said on Aug. 20…


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