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Economy/Finance
President Kwon Seon-joo is surrounded by Chairman Yim Jong-yong of the Financial Service Commission, to her right and Chairman Chang Dae-hwan  of the Maeil Economic Daily holding the Financial Man of the Year Award trophy she won at the Night of the Financial Community held at Westin-Chosun Hot¡¦
Chairman Shin Chang-jae opf Kyobo Life. Kyobo Life Insurance Co. held the 2015 Korea Women¡¯s Innovative Network Conference on Oct. 21 at Kyobo Building at Gwanghwamun, downtown Seoul, jointly with Standard Chartered Bank. Kyobo Life and Standard Chartered Bank (SC Bank) wanted to provide opportun¡¦
Chairman Lee Soo-chang of the Korea Life Insurance Association. Chairman Lee Soo-chang of the Korea Life Insurance Association (KLIA) said the government should expand incentives for financial products needed for retirement. He said that when people prepare for retirement by themselves, they save g¡¦
CEO Lee Cheol-young Lee of Hyundai Marine & Fire Insurance Co. Hyundai Marine and Fire Insurance Co. won the Korea Financial Grand Award in the non-life insurance section. The award was handed out at the Night of the Financial Community at Westin-Chosun Hotel in downtown Seoul on Dec. 7. Presi¡¦
Winners of the awards of the 3rd 2015 best advertisements for financial investments pose for a group photo session at an awards ceremony at the KOFIA building on Dec. 17.(Photo:KOFIA) The Korea Financial Investment Association (KOFIA) selected the best advertisements for financial investment this y¡¦
President Chung Hae-bong of Hana Card.(Photo:Hana Card) President Chung Hae-bong of Hana Card won the Korea Financial Grand Award in the credit section at the Night of the Financial Community held Dec. 7 at Westin-Chosun Hotel in downtown Seoul. On winning the award, President Chung said he would ¡¦
President Lee Kwang-goo of Woori Bank. Woori Bank reorganized its operational set up into three business groups; operation support, domestic; and global operations under a new management strategy to give more power and responsibility to heads of the groups, the bank said recently. The bank also ma¡¦
Chairman Hong Ky-ttack of the KDB Financial Group and also CEO of the Korea Development Bank.(Photo:KDB) Financial authorities have set out to reform the salary system of banks in Korea, with Korea Development Bank leading way by introducing a new salary system for its tellers and staff in charge o¡¦
Chairman Yoon Jong-kyoo of KB Financial Group.(Photo:KB Financial) KB Financial Group¡¯s third quarter profit increased from the previous quarter, but less than expected at 440 billion won. Chairman Yoon Jong-kyoo said the group will always aim to top other financial groups in Korea, but it appear¡¦
KDB Chairman Hong Ky-ttack.(Photo:KDB) Korea Development Bank (KDB) and Korea Investment Corp.(KIC) have agreed to help Korean firms¡¯ operations overseas. A fund will be jointly set up partly with the purpose of globalizing Korean corporations at this time when the AIIB (Asian Infrastructure Inves¡¦
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Business/Company
Nongshim CEO Jo Yong-chul makes a presentation on the success of Shin Ramyun at Lotte Hotel in Seoul on May 13. (Photos: Nongshim)Nongshim announced on May 13 that cumulative sales of Shin Ramyun, which marks its 40th anniversary this year, surpassed¡¦
Chairman Cho Won-tae of Hanjin Group. Korean Air has gotten a lot of ¡°love¡± from financial markets, in particular for the brainchild of the merger, Chairman Cho Won-tae of Hanjin Group. The historic M&A with Asiana Airlines is evaluat¡¦
A view of Samsung Electronics Suwon Digital City. (Photo: Samsung Electronics)Labor and management of Samsung Electronics reached a tentative agreement on incentives at the last minute on May 20, averting a strike one and half hours before the deadli¡¦
Hyundai Motor Vice Chair Chang Jae-hoon (right) poses for a photo with Vice Minister of Trade, Industry and Resources Moon Shin-hak at the 23rd Automobile Day Event on May 12.Hyundai Motor Group Vice Chair Chang Jae-hoon won the Gold Tower Order of I¡¦


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