| Economy/Finance |
 |
|
 |
President Moon Sung-yu of Korea Asset Management Corp. (KAMCO) and trade union head Kim Seung-tae participate in an event to join forces in overcoming a crisis, caused by the spread of COVID-19 on March 9. (Photos: KAMCO)Korea Asset Management Corp. (KAMCO) has played the part of economic safety net…
|
|
 |
President Wi Seong-bak of Korea Deposit Insurance Corporation (KDIC) and IBK President Yoon Jong-won pose after they signed an MOU at IBK headquarters in Seoul on Feb. 28. (Photo: KDIC)The relentless spread of the novel coronavirus is expected to put increasing pressure on debtors who are carrying o…
|
 |
KODIT Chairman Yoon Dae-hee listens to the voices of the management and employees at Kiseung Industrial Co., a car parts manufacturer in Daegu on April 9. (Photo: KODIT)The Korea Credit Guarantee Fund (KODIT) announced on April 13 that it was actively expanding guarantee-based support for small and …
|
 |
The Export-Import Bank of Korea holds a meeting presided over by Bang Moon-kyu (before the monitor at the center), chairman-president of the state-run Export-Import Bank of Korea in order to help Korean companies suffering from the spread of the COVID-19 virus with emergency financial support throug…
|
 |
An view of KDB headquarters in Yeouido, Seoul. (Photo: KDB)The Korea Development Bank (KDB) will buy 1.9 trillion won worth of corporate bonds in order to keep the Korean financial market stable in April. Corporate bonds of grade A or higher worth up to 200 billion won per company will be purchased …
|
 |
President Yoon Jong-won of the Industrial Bank of Korea (IBK) talks with the head of a small business struggling to cope with the damages, caused by the spread of COVID-19 on March 17. President Yoon Jong-won of the Industrial Bank of Korea (IBK) said, “The collapse of SMEs will have a greater impa…
|
 |
Shinhan Bank President Jin Ok-dong. (Photos: Shinhan Bank)Shinhan Bank President Jin Ok-dong stressed the importance of bold decision-making to challenge old methods that have been verified, saying established business plans need to be continuously reviewed and reevaluated. President Jin made the re…
|
 |
Chairman Yoon Jong-kyoo of KB Financial Group. (Photo: KB Financial Group)KB Financial Group will acquire Prudential Life Insurance’s Korean unit. The financial group held a board of directors’ meeting on April 10 and approved its acquisition. KB Financial Group struck a sales and purchase agreeme…
|
 |
Hana Financial Group Chairman Kim Jung-tai, Hana President Ji Sung-kyu and Hana Card President Jang Kyung-hoon attend an emergency meeting of CEOs of the group’s subsidiaries on March 2 to discuss ways of providing financial support to small businesses, buffeted by the spread of COVID-19. (Photos: …
|
 |
Woori Financial Group Chairman Sohn Tae-seung, Woori Bank President Kwon Kwang-seok tours the bank’s South Gate branch in Seoul and listens to voices of merchants grappling to cope with hardships, caused by the spread of COVID-19. (Photo: Woori Financial Group)Chairman Sohn Tae-seung of Woori Finan…
|
|
|
|
 |
Prime Minister Kim Min-seok, MSIT Vice Minister Koo Hyuk-chae, Chairman Kwon Oh-nam of the Korean Federation of Science and Technology Societies (KOFST), and ICT Chmn. Noh Joon-hyung as well as prize winners attend a ceremony to celebrate the 2026 an…
|
 |
Chmn. Moon Dong-min of Korean Standards Association, Senior Executive Vice Presdient Moon Jong-seung of Samsung Electronics’ Digital Appliances (DA) Division, and CEO Per Ove Øyberg of Nemko Group attend a ceremony in which Samsung Electronics’ Ho…
|
 |
President Kwon Seok-yoon of the Korea Research Institute of Bioscience and Biotechnology (KRIBB) poses with related KRIBB researchers during a briefing session on the launch of “mission-oriented visionary projects” (MVPs) at KRIBB head office in Yu…
|
 |
People Power Party (PPP) candidate Lee Cheol-woo, seeking reelection for his 3rd term as Gyeongsangbuk-do governor, exchanges greetings at the 2026 Gyeongsangbuk-do Children’s Festival, at the Gyeongbuk Millennium Forest Garden on May 5. (Photo: PPP…
|
|
|
