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The National Pension Service (NPS) said the monthly stipend payment will increase by 2.2 percent from this month in reflection of the inflation rate last year.
The pension service also said from July those who earn more than 3.98 million won per month will have to pay 8,000 won more monthly for the…
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Top executives of Korean Re wash the feet of their employees during the reinsurance firm‘s 50th anniversary ceremony on March 19 at the company’ s head office in Susong-dong, Seoul.Korea Reinsurance Corp. celebrated its 50th anniversary on March 19 in a ceremony held at the company’ s h…
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President Kwon Jum-joo of Shinhan Life Insurance (center) congratulates the exemplary financial consultants for their contributions to the company’s growth in 2012 at the award presentation ceremony at Shinhan Life Insurance Co. Shinhan Life Insurance Co. held an award p…
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Top executives of Woori Financial Group led by Chairman Lee Pal-seung and President Chung Hyun-jin of Woori Card, cut the tape to celebrate the spin off of Woori Card on April 22.Woori Financial Group finally spun off its card unit on April 1 after receiving final approval from the F…
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President Min Byung-dok of Kookmin Bank listens to an official of a small company near Seoul he visited recently as he holds a product of the company. [ Photo on courtesy of Kookmin Bank]Kookmin Bank became the first major commercial bank in Korea to open a window for the genera…
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Hana Bank President Kim Jong-jun presents a certificate of donating 2,703 PCs and cash with Chairman Hwan Won-rae of the Korea Labor Welfare Center at a ceremony at the bank’s head office in Seoul on March 12.Hana Bank donated 2,703 personal computers and cash in a ceremony held at its he…
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President Park Jae-shik of Korea Securities Finance Corp. (KSFC)President Park Jae-shik of Korea Securities Finance Corp. (KSFC) announced on March 12 the launch of an online loan service called the E-share Loan, a small mortgage loan facility exclusively for individual borrowers, at a media br…
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President Kwon Jum-joo(3rd R) of Shinhan Life Insurance Co. holds a placard saying the company’s catchphrase, " Compassionate Finance, Compassionate Insurance," with executives and branch managers at a recent meeting.Shinhan Life Insurance Co. will judge the value of its management a…
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President Lee Soon-woo of Woori Bank visits a traditional blanket store in downtown Seoul, recently to show the bank’s concern for small businesses and individual borrowers whose credit capacities have reached limits.Woori Bank has been offering loans to customers whose credit capacities …
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CEOs and executives of NH Financial Holdings, including Chairman Shin Dong-kyu, 5th R, and NH Bank Shin Chung-shik, cut the cake in celebration of its 1st year anniversary on Feb. 28 at its head office in Seoul.NH Financial Holdings celebrated its one-year anniversary on March 2 at a ceremony h…
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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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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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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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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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