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Economy/Finance
Chairman Shin Chang-jae of Kyobo Life Insurance Co. (Photo: Kyobo life)Chairman Shin Chang-jae of Kyobo Life Insurance Co. has made a new proposal on the disposal of the shares held by the SE Private Equity and IMM PE totaling 4.92 million shares, or a 29.34-percent stake.According to IB sources on …
Chairman Eun Sung-soo of the Export and Import Bank of Korea (Eximbank)The Export and Import Bank of Korea (Eximbank) is ready to dish out some 62 trillion won in loans and guarantees this year, with a focus on the exploration of new markets for infrastructural projects both at home and aboard, Chai…
Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Shinhan Financial Group posted 3.156,7 trillion won in net profit in 2018, up 8.2 percent YoY. It is the largest net profit in its history, by affiliates such as Shinhan Bank, Shinhan Capital, and Shinhan Financial Investment, among ot…
Chairman Yoon Jong-kyoo of KB Financial Group. (Photo: KBFG)KB Financial Group logged a net profit of 3.068 trillion won last year, down 7.3 percent YoY due largely to boosts in general expenses. On the bright side, the firm still notched more than 3 trillion won for two consecutive years.The financ…
Chairman Kim Sung-tae of Hana Financial Group. (Photo: HFG)Hana Financial Group posted a record profit in 2018 amounting to 2.240 trillion won on consolidated basis, up 10 percent YoY,the largest since 2005 when the group was launched for the first time due mainly to substantial boosts in its major …
Chairman Kim Gwang-soo of NH Financial Group. (Photo: NHFG)NH Financial Group said its net profit in 2018 amounted to 1.218,9 trillion won, the largest in its history, up 41.8 percent YoY. It was the initial year for Chairman Kim Gwang-soo as the top manager of the financial group. NH Financial, lau…
Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Bank recorded one of its best-ever operating profits last year, totaling 2.019 trillion won in net profit in 2018, up 33.5 percent YoY, the bank announced on Feb. 11.The bank said its 2.29 trillion won operating profit for 2006 rema…
President Kim Do-jin of the Industrial Bank of Korea(IBK). (Photo: IBK)The Industrial Bank of Korea said its net profit amounted to 1.764,4 trillion won in 2018, up 17 percent YoY, the largest in its history. The bank said it and its affiliates’ outstanding loans with SMEs came to 151.6 trillion wo…
Chairman Park Hyeon-joo of Mirae Asset Daewoo Group. (Photos: Mirae Asset Daewoo)A bird’s eye view of the TSX Broadway Project for a 46-storey multiplex building including a hotel, offices and shops on the site of a 106 -year old theater in Broadway in New York in which Mirae Asset Daewoo invests $…
President Jeong Young-chae of NH Investment & Securities Co.“NongHyup seeks to expand mostly in Southeast Asia where it can help boost agriculture financing, investment banking, retail banking and microfinance. Our main Southeast Asian base will be Vietnam.”Vietnam’s population is “young” w…
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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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