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Economy/Finance
Former Chairman Kim Seung-yu of Hana Financial Group who has recently been named as an advisor of the Korea Financial Investment Co. Former Chairman Kim Seung-yu of Hana Financial Group has been named as an advisor to Korea Financial Investment Co., financial industry sources said June 30. Kim wil¡¦
President Ahn Min-soo of Samsung Fire and Marine Insurance Co., left, shakes hands with his counterpart at PJICO, a casualty insurance company set up  by Petrolimex, after signing a deal for Samsung Fire to take over 20 pct stake in the Vietnamese insurance firm on May 5 in Hanoi. (Photo: Samsu¡¦
Chairman Cho Yong-byoung of Shinhan Financial Group holds a copy of the strategic collaboration agreement signed between the financial group and the Amazon Web Services on June 29 in New York with Vice President Frank Fallon of the U.S. web services firm.(Photo: SFG) Chairman Cho Yong-byoung of Shi¡¦
President Lee Kwang-goo of Woori Bank. Woori Bank will inject $100 million into its Indonesian subsidiary to bolster its capital base and groom it to be one of the top five lenders in the Southeast Asian country. According to multiple sources from the financial industry on June 28, PT Bank Woori S¡¦
President Kim Do-jin of the Industrial Bank of Korea(IBK). The Industrial Bank of Korea (IBK) said it has successfully set up a fund of 100 billion won for investments in SMEs to support their early stages of growth. Called, ¡°IBK-KIP Stepping Stone Growth Fund,¡± SMEs with excellent technologies a¡¦
Chairman Hwang Young-key of the Korea Financial Investment Association.(Photo:Kofia) Chairman Hwang Young-key of the Korea Financial Investment Association has called for South Korea set up a financial hub in Seoul by inviting the international financial community to locate their operations there. ¡¦
President Kim Won-kyu of NH Investment and Securities Co. NH Investment and Securities Co., the only large securities firm operating a hedge fund, plans to boost its 300 billion won fund to as much as 1 trillion won by next year, securities sources said on July 3. The securities firm is out to doub¡¦
Chairman Hwang Rok of the Korea Credit Guarantee Fund(KODIT). The Korea Credit Guarantee Fund (KODIT) celebrated its 41st anniversary on June 1 with a ceremony at its head office in Daegu. All of the entire officers and staff signed ¡°E-Clean¡± Affidavits in which they swore to be ¡°clean¡± at work¡¦
President Kim Jae-chun of Korea Housing Finance Corp.(Photo: KHFC) Korea Housing Finance Corp. (KHFC) provides housing finance in Korea. It offers long-term mortgage loans; housing guarantees for individuals, such as guarantees for rental, installments, and home purchases; housing guarantees for ho¡¦
President Lee Kwang-goo of Woori Bank. Shares of Woori Bank have been rising rapidly this year with the expectation that the bank would do well in the first year of its privatization. The government sold most of its stake in the bank to multiple private sector investors last November for $2.1 billi¡¦
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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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