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Economy/Finance
Chairman Shin Chang-jae of Kyobo Life Insurance Co. (Photos: Kyobo Life)Chairman Shin Chang-jae of Kyobo Life Insurance Co. in his New Year’s address on Jan. 2 said Kyobo has to speed up digital reform centered on customers. “We should digitalize the entire operational processes from the subscript…
Chairman Park Hyeon-joo of Mirae Asset Group.Mirae Asset Daewoo took over a new logistics center being run by Amazon, the largest e-commerce firm in the world, for $78 million on Dec. 26 from its owner the USA Real Estate Co., the company said. The distribution center is located in Atlanta, Georgia,…
President Jeong Young-chae of NH Investment & Securities Co. NH Investment & Securities published a book on its achievement in having 40,000 times more capital on Jan. 16 - its 50th anniversary – than it did 50 years ago. The company also set up a memorial hall to remember the notable …
President Chung Il-moon delivers his inaugural speech at a ceremony held on Jan. 7 at Korea Investment & Securities Co.President Chung Il-moon of Korea Investment & Securities Co. (KIS) said the securities firm’s operating profit will be boosted to 1 trillion won this year and its net profi…
President Lee Dae-hoon of NH Bank explains the bank’s plan for the new year at a session of the HI Jobsite Management 2019 held at the NH Financial Group’s South Gyongsang Province Regional Headquarters in Changwon on Jan. 19. (Photo: NH Bank)President Lee Dae-houn of NH Bank in his New Year’s sp…
Chairman Eun Sung-soo of the Export-Import Bank of Korea (Eximbank).Chairman Eun Sung-soo of the Export and Import Bank of Korea (Korea Eximbank), in his New Year’s speech, said the bank will seek out export-type new growth companies in the new year, support them to expand the base of the country’…
Key executives of Woori Bank, led by President Sohn Tae-seung, are pictured holding each letter declaring 120th Anniversary of the bank at a ceremony held on Jan. 4 at Plaza Hotel in downtown Seoul. (Photo: Woori Bank)Woori Bank celebrated its 120th anniversary on Jan. 4 at the Plaza Hotel in down t…
Chairman Lee Dong-geol of Korea Development Bank(KDB) (Photo: KDB)Chairman Lee Dong-geol of Korea Development Bank(KDB) in his New Year’s address said that the bank will take care of those areas that need urgent changes one-by-one, saying that the areas that need changes include personnel, organiza…
President Jeong Won-jai of Woori Card clinched the 2018 Financial Grand Award in the credit finance sector in recognition for his achievements, including boosting the company’s profits thru a detailed analysis of Big Data on customer demand and the consumption patterns to pick the products that the…
President Ham Young-joo of KEB Hana Bank.KEB Hana Bank is out to boost its global operation this year by setting up a financial headquarters in key financial centers around the world, including the U.S., Europe and southeast Asia, among others. President Ham Young-joo announced on Dec. 30, 2018, tha…
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Business/Company
Kim Nak-jin, Head of Product Planning/Strategy in Mobility & IT Battery Division at LG Energy Solution (left) and Will Graylin, Chairman and CEO of indiGOtech pose after signing an MOU on Oct. 1. (Photo: LG Energy Solution)LG Energy Solution chal…
LG Chem Senior Vice President Kim Sang-min (L) poses with Stefan Gramse, executive vice president and head of the Exterior Materials Procurement Group at Volkswagen Group, after signing an MOU on the joint development of future mobility materials at …
Hyundai Motor Group Executive Chair Chung Eui-sun delivers a welcoming speech at a ceremony to dedicate a new smart manufacturing facility in Talegaon, Pune, Maharashtra, India, on Oct. 14. (Photo: Hyundai Motor)Hyundai Motor Group on Oct. 13 announc…
Samsung Electronics Chairman Lee Jae-yong. (Photo: Samsung Electronics)Samsung Electronics has became the world’s first company to top 100 trillion won in a quarterly operating profit among global tech companies, opened an era for the Korean powerho…


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