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Economy/Finance
A view of the shipyards on Koje Island of Daewoo Shipbuilding and Marine Engineering Co.(Photo: Daewoo Shipbuilding)T he government's decision to salvage Daewoo Shipbuilding & Marine Engineering (DSME) by converting its multitrillion-won debt to equity is coming under, as critics say it’s a ca…
This photo shows how the “020” or online to office service introduced by Shinhan Card works, one of the credit card firm’s key growth engines.(Photo: Shinhan Card) Shinhan Card is ready to focus on “O2O,” or online to office service, as one of its growth engines. The new credit card service i…
Gov. Jim Yong Kim of the World Bank, L,  and Chairman Lee Dong-geol of the KDB Financial Group are all smiles holding a copy of the partnership agreement they signed recently for their respective financial institutions in managing the emerging Asia funds at the World Bank headquarters in Washin…
Chairman Park Hyun-joo of Mirae Asset Daewoo Securities.(Photo: Mirae Asset Daewoo) Mirae Asset Daewoo kicked off a new service to handle retirement fund savings accounts, considering that retirement funds also need to be managed like “the fitness of a human body.” Retirement funds have been lef…
CEO Suh Joon-hee of BC Card, R, and President Rudi G. Sadikin of Bank Mandiri hold a copy of the agreement they signed to set up a joint venture firm on credit card operation in Indonesia on Sept. 23 at Bank Mandiri’s head office in Jakarta, Indonesia.(Photo: BC Card) In fluent Indonesian, Kim Cha…
President Cho Yong-byung of Shihan Bank. (Photo: Shihan Bank)A mid low growth and low interest rates, the country's banking industry is suffering from poor profitability. Shinhan Financial Group, however, is finding business overseas based on the belief that globalization will enhance customer and s…
A model holds an ad on Shinhan Life Insurance Co.’s new life insurance product that pays annual interest to its holders.(Photo: Shinhan Life) Shinhan Life Insurance provides its services through distribution channels consisting of financial planners, telemarketers, agency marketers and bancassuran…
Chairman Han Dong-woo of Shinhan Financial Group.(Photo: Shinhan Financial Group) Chairman Han Dong-woo of Shinhan Financial Group stressed repeatedly the group’s new vision of being a global financial group in his speech at a ceremony celebrating the Shinhan Financial Holding Co.’s 15th annivers…
Chairman Yoon Jong-kyoo of KB Financial Group.(Photo:KFG) In response to the diverse changes taking place in the Financial environment worldwide, KB Financial Group came into being with the establishment of KB Financial Holding Inc. on Sept. 29, 2008, made possible by the comprehensive transfer of …
NongHyup Financial Group Chairman Kim Yong-hwan shakes hands with an official of NH Card Geyongnam Center. He toured the center to lend an ear to the voices of the rank and file of the financial group. (Photo: NongHyup Financial Group) NongHyup Financial Group has become the nation's second-largest…
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Business/Company
Samsung Electronics Chmn. Lee Jae-yong and Mistral AI CEO Arthur Mensch struck an investment agreement at the Elysee Palace in Paris on Aug. 8. (from left) Samsung Electronics Executive Vice President Lee Jong-myung, Samsung Electronics Chmn. Lee Jae…
Lotte Group Chmn. Shin Dong-bin, KAIST President Bae Choong-sik and other attendants cut the ribbons at a ceremony to dedicate the“Lotte X KAIST R&D Center” at KAIST head office in Daejeon on Sept. 11. (Photo: Lotte Group)KAIST held a ceremony …
Chairman Seo Kyung-bae delivers a commemorative address online to mark the 81st anniversary of Amorepacific Group on Sept. 4. (Photo: Amorepacific Group)Marking its 81st anniversary, Amorepacific Group will accelerate its push into the global market,…
Chairman Lee Jay-hyun of CJ Group. (Photos: CJ Group)CJ ENM announced on Sept. 7 that two branded FAST channels, “CJ ENM K-Stories” and “CJ ENM K-Pop,” launched on Prime Video in the U.S. Both are available for free on Prime Video, with programmi…


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