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Economy/Finance
President Lee Kwang-goo of Woori Bank. Woori Bank, South Korea's second-biggest bank by assets, on May 4 announced that it posted a 52 percent jump in first-quarter net profit from a year earlier on improved margins and lower costs. For the three months ended March 31, Woori Bank's net profit soar…
Shinhan Card President Wi Sung-ho, right, holds an agreement signed with President Ganzorig ULzilbayar of Golomt Bank of Mongolia on cooperation on Big Data between the two financial institutions on May 11 in Seoul. (Photo:Shinhan Card) Online fund sales based on around 2 trillion won worth of poin…
SKT Light Installment KB Kookmin Card KT Super Installment KB Kookmin CardLG U+ Light Installment KB Kookmin Card. KB Kookmin Card recently introduced three types of credit cards that can be used when purchasing communication equipment, and can give buyers a number of benefits including instal…
Chairman Park Hyun-joo of Mirae Asset Group. (Photo:Mirae Asset) Mirae Asset Daewoo Securities will merge with Mirae Asset Securities on Nov. 1, with Chairman Park Hyeon-joo taking over as the chairman and CEO of the newly merged securities firm. The boards of the two firms approved the merger, whi…
Chairman Yoon Jong-kyoo of KB Financial Group. KB Kookmin Bank eyes expansion overseas through strengthened ties with banks in Southeast Asia, officials of the bank said on April 31.  They said the bank will provide financing and IT to CHDB in Myanmar to help build residential houses in that …
President Hong Young-man of Korea Asset Management Corp. (KAMCO).KAMCO President Hong gives a speech at a ceremony to mark the 54th anniversary at Busan International Financial Center on April 6. (Photos:KAMCO) On the occasion of its 54th anniversary, Korea Asset Management Corp. (KAMCO) declared a…
President Gwak Bum-gook of Korea Deposit Insurance Corp. The Korea Deposit Insurance Corporation (KDIC), Korea Asset Management Corporation (KAMCO) and the United Asset Management Company (UAMCO) jointly organized a public-private workshop at the Bankers’ Club in the Korea Federation of Banks buil…
Chairman & CEO Lee Dong-geol of Korea Development Bank. Chairman & CEO Lee Dong-geol of the Korea Development Bank reiterated his firm management policy that KDB will extend financial help to firms under financial distress only if those firms try their best to save themselves.  The fi…
Chairman Lee Duk-hoon of Korea Eximbank The Export-Import Bank of Korea plans to tighten its overseas operation by setting up regional head offices to oversee the overseas offices located around the world. Officials of the state-run bank said regional meetings will be held at least once a year to d…
A view of a tape-cutting ceremony for the Manila Branch of the Industrial Bank of Korea in Manila on Dec. 8 by a slew of dignitaries including Deputy Gov. Nester Espenilla of the Central Bank of the Philippines, Director Choi Won-mok of the Asia Development Bank, Korean Amb. Kim Jae-shin assigned to…
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Culture/Tourism
Cho Won-yong, president of Gyeonggi Tourism Organization.The Gyeonggi Tourism Organization (GTO) announced on July 5th that it successfully conducted a peace and security site tour at the Camp Greaves area within the Civilian Control Zone in Paju for…
Night view of High1 Resort Grand Hotel. (Photo: Kangwon Land)Kangwon Land has been implementing the Korea-High1-Integrated Tourism (K-HIT) Project to make a global multi-purpose resort. Such efforts have begun to pay off on the back of exploring…
Acting President Nam Han-gyu of Kangwon Land. (Photos: Kangwon Land)Kangwon Land’s efforts to attract inbound tourists by making the most of the so-called K-culture have paid off. Kangwon Land said on April 1 that High1 Resort saw foreign visit…
New Acting President Nam Han-gyu (left) of Kangwon Land poses with former acting president Choi Cheol-gyu as the former took office at Kangwon Land Hotel on March 4 on March 3.Nam Han-gyu, head of the Management Support Division at Kangwon …


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