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Economy/Finance
President Moon Chang-yong of Korea Asset Management Corp.(KAMCO). Korea Asset Management Corp. (KAMCO) bought the assets of ¡°C¡± Company, a maker of shipbuilding materials, for 19.3 billion won and leased them back to the company to help keep it operating. The move will help it pay off its financi¡¦
President Gwak Bum-gook of Korea Deposit Insurance Corp. Korea Deposit Insurance Corp. (KDIC) paid 504 million won to compensate an informer to locate hidden assets of a savings bank, which is the largest ever amount paid by the company since its establishment some 20 years ago. The KDIC has been ¡¦
Chairman Cho Yong-byoung of Shinhan Financial Group delivers his speech at a meeting. When Cho Yong-byoung took over as chairman of Shinhan Financial Group recently, he laid out his ¡°2020 vision¡± to lead the financial group to be No. 1 in Asia within three years. Shinhan is not the only financia¡¦
Chairman Yoon Jong-kyoo of the KB Financial Group. (Photos:KFG) KB Financial Group will take up the Code 2017 Project as its strategic task for this year, Chairman Yoon Jong-kyoo declared in his New Year¡¯s speech. The project is designed to push the digitalization of operations of the group and it¡¦
Chairman Kim Jung-tai of Hana Financial Group said in his New Year's speech the key word that is most often repeated inside the group has been ¡°digital,¡± not ¡°deposits,¡± ¡°interest rates¡± or ¡°services,¡± demonstrating that the age has arrived for financial business firms to compete with non-¡¦
NH Financial Group launched the All One Bank, a mobile banking service, on Aug. 8 last year led by Chairman Kim Yong-hwan, 4th left, in a ceremony held at its head office in Seoul.(Photo: NH Financial Group) NH Financial Group has decided to push the digital finance as its growth engine for this ye¡¦
President Lee Kwang-koo of Woori Bank.(Photo: Woori Bank) Woori Bank was the first financial institution in the country to introduce a mobile banking service that allowed users to apply for and receive loans completely through an app. The loans offered through Woori¡¯s WiBee Bank app had so mid-ran¡¦
Chairman Kim Do-jin of Industrial ¡®Bank of Korea(IBK) speaks during a meeting of all branch managers and affiliates of IBK totaling around 1,000 gathered on Feb. 10 at the bank¡¯s head office in downtown Seoul(Photos: IBK) In a speech at the 2017 Branch Managers Meeting on Feb. 10, Chairman Kim Do¡¦
Samsung Group retains most of the current CEOs of its financial affiliates including President Kim Chang-woo, left, of Samsung Life, President Ahn Min-soo, middle, of Samsung Fire and Marine Insurance, and President Won Ki-chan, right. of Samsung Card.(Photos: Samsung Group) President Kim Chang-soo¡¦
Chairman Lee Soo-chang of the Korea Life Insurance Association (Photo: KLIA) The 4th Industrial Revolution is expected to open up a new world that humans have never experienced. The new revolution will emerge as a new paradigm for competition, changing the existing economic topography.  AI, R¡¦
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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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