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Economy/Finance
Chairman Choi Jong-ku of the Export and Import Bank of Korea. (Photo: Eximbank) President Choi Jong-ku of Seoul Guarantee Inc. has been selected to succeed Lee Duk-hoon as the chairman and president of Export and Import Bank, who is set to retire on May 5 as his term expires. The former Assistant ¡¦
President Kim Do-jin of the Industrial Bank of Korea. (Photo:IBK) The Industrial Bank of Korea (IBK) said it will provide a total of 100 billion won ($87 million) in special loans for those small and medium-sized enterprises whose businesses have been hurt by China¡¯s latest restrictions on travel ¡¦
President Kim Won-kyu of NH Investment and Securities Co. President Kim Won-kyu of NH Investment and Securities Co. has been retained to serve another year by the board of directors at its meeting held on March 8 at the company¡¯s head office in Yeouido, Seoul. Kim¡¯s term has been extended to Marc¡¦
Samsung Fire and Marine Insurance Co. posted 840.9 billion won in net profit for 2016, an increase of 7.4 percent year-on-year, and for the first time the company¡¯s annual net profit surpassed 800 billion won, the company said on March 15. In announcing its 2016 performance results, the non-life ¡¦
President Kim Chang-soo of Samsung Life Insurance Co. named to serve another term recently. (Photo: Samsung Life) President Kim Chang-soo of Samsung Life Insurance Co. has won the Board of Directors recommendation to serve another term, pending the shareholders¡¯ approval when they meet later this ¡¦
Korea Development Bank Head of Project Finance Lim Maeng-ho holds a copy of an MOU on business cooperation signed with the Palaszczuk Gov¡¯t of Queensland, Australia, with Deputy Premier  and Minister for Trade and Investment Jackie Trad at a signing ceremony held at KDB head office in Seoul Ma¡¦
President Lim Young-jin of Shinhan Card. (Photos: SFG)Vice President Kim Hyun-jin of Shinhan FG. Wi Sung-ho and Lim Young-jin began their duties as the new chief executives of Shinhan Bank and Shinhan Card, respectively, upon confirmation by shareholders on the same day. Lim, vice president at Shin¡¦
Chairman Moon Chang-yong of Korea Asset Management Corp.(Photo: Kamco) The ship financing unit of South Korean finance house Korea Asset Management Corporation (KAMCO) has introduced a new $85.7 million ship financing scheme.  KAMCO Ship Investment Management Corporation, in collaboration wit¡¦
Chairman Han Dong-woo of Shinhan Financial Group. Shinhan Financial Group's net profit surpassed 2 trillion won for the second year in a row, the company said recently. The group posted 2.37 trillion won ($1.91 billion) in net profit last year, up 14 percent from 2.08 trillion won the year before. ¡¦
Chairman Yoon Jong-kyoo of KB Financial Group. KB Financial Group¡¯s saw its share price outstrip its rival Shinhan Financial Group in January for the first time in four years. KB Financial¡¯s shares jumped 2.66 percent as of the close on Jan. 25 to 46,300 won per share, an astounding rise of 56.2 ¡¦
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Industry/Energy
President Baek Jong-hoon of Kumho Petrochemical, Yeosu Mayor Chung Ki-myung and other dignitaries cut the tap at a ceremony to dedicate a CCUS facility at the first lubber plant of Kumho Petrochemical in the Yeosu National Industrial Complex last Jul¡¦
President Kim Dong-cheol of Korea Electric Power Corp. (KEPCO) gives a welcoming speech at a ceremony to open ¡°KEPCO Pavilion¡± at CES 2026 in Las Vegas, the United States, which took place form Jan. 6 to Jan. 9. (Photo: KEPCO) President Kim Do¡¦
A whole inside view of Korea Power Exchange¡¯s Central Power Control Center. (Photo: KPX)Korea Power Exchange (KPX) plans to launch a ¡°quasi-centrally scheduled load system¡± in which renewable energies and virtual power plants are used as scheduled¡¦
Chmn. Park Jeong-won of Doosan Business Group makes an inspection into the worksite of Doosan Enerbility in Changwon, Gyeongsangnam-do, on Feb. 11. (Photo: Doosan Group)In his New Year¡¯s message, Chairman Park Jeong-won of Doosan Group urged his bus¡¦


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