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Chairman Moon Chang-yong of Korea Asset Management Corp(KAMCO), 4th R, and heads of the shipping firms hold an agreement on KAMCO purchasing 20 of their vessels they signed on May 15 to ease their financial pinches.
Korea Asset Management Corp. (KAMCO) will buy 20 ships from firms in financial dist…
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Dir. Gen. Kim Yoon-kyung of the International Financial Cooperation Bureau at the Ministry of Strategy and Finance (MOSF). (Photo: MOSF)
Deputy Prime Minister Yoo will deliver a speech at an opening session of the Board of Governors in which he is expected to announce a plan to expand Korea’s cont…
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Gov. Lee Ju-yeol of the Bank of Korea.
Gov. Lee Ju-yeol of the Bank of Korea cautioned that increases in exports due to optimistic economic views across the country cannot be sustainable due the protectionist sentiments in some major importer countries.
The central bank governor issued the warning…
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Chairman Lee Dong-geol of Korea Development Bank Group.(Photo: KDB)
Korea Development Bank (KDB) has been at the forefront of ushering in the 4th Industrial Revolution by helping build a new “growth intelligence system” and strengthen financial loan capacity.
The state-owned bank has been …
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Chairman Choi Jong-ku of the Export and Import Bank of Korea(Eximbank), right, shakes hands with Minister Ian Acosta Montalvan of the Finance Ministry of Nicaragua after signing an agreement to provide $70.59 million, an EDCF loan, to finance the Manama Circulatory Road Construction Project in Nicar…
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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…
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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 …
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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…
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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…
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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-…
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LG Chem CEO and Vice Chmn. Shin Hak-cheol and Sinopec Chmn. Hou Qijun applaud as both sides signed a deal to jointly develop core materials of the sodium-ion battery at LG Twin Tower in Yeouido, Seoul, Oct. 30. (Photo: LG Chem)LG Chem is joining forc…
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Vice Chairman & CEO Kim Jung-soo of Samyang Foods. (Photos: Samyang Foods)Samyang Foods, once a Korean ramen pioneer and legend, is making a splash in the global ramen market with Buldak Ramen, a spicy ramen brand. Buldak Ramen has establish…
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Dignitaries, including Chmn. Shin Dong-bin of Lotte Group and Indonesian President Prabowo Subianto, applaud as they participated in a ceremony to dedicate a petrochemical plant, dubbed “Lotte Chemical New Ethylene (LINE),” in Cilegon on the island…
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Chairman & CEO Choi Jin-shik of the Federation of Middle Market Enterprises of Korea (FOMEK), Minister for Trade Yeo Han-koo and Malaysian Amb. to Korea Dato' Mohd Zamruni bin Khalid pose with other attendees at speaking at “2025 MME Internation…
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