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Minister Park Jaewan of the Ministry of Strategy and Finance has a busy schedule ahead as he heads to Manila to attend the annual conference of the Asian Development Bank and the meeting of the Finance Ministers and Central Bank Governors of ASEAN+3, also in Manila from May 2-5.The minister will als…
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President Park Keun-hee along with a number of executives and staff join hands in an event during the March 6 Vision 2020 Declaration ceremony at the company’s head office auditorium in Seoul.Samsung Life Insurance Co., the big brother in the life insurance industry, unveiled its vision to be rebor…
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President Yun Yong-ro of Korea Exchange Bank President Yun Yong-ro of Korea Exchange Bank said he will go as far as hiring more people if it is needed to strengthen the bank’s core capacities including the recovery of the bank’s role as the top bank in foreign exchange dealings in Korea.CEO Y…
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Hana Financial Group Chairman Kim Jung-taeHana Financial Group said Choi Heung-shik has been named president of the group and Kim Jong-joon was tapped as president of Hana Bank in a reshuffle of its top executives on March 5 following the resignation of Chairman Kim Seung-yu.Their appointments…
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Chairman Sohn Kyung-shik of Seoul Chamber of Commerce and Industry who was named to service another three-year term at the chamber’s board meeting on Feb. 24 in Seoul. Chairman Sohn was also appointed to serve another term at the Korea Chamber of Commerce and Industry recently.The Seoul Chamber of …
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KDB Daewoo Securities Co. has long been known for its investment banking operations and therefore has solidified its reputation as a traditional IB firm in Korea.The company, born out of the merger between Sambo Securities and Dongyang Securities in 1983, both ranked numbers one and two in the indus…
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Samsung Life Insurance Co. is said to have changed its management style after decades from a conservative style to an aggressive one, as if copying the management style of affiliate Samsung Electronics, industry sources said recently.In the center of the change is President Park Keun-hee who took ov…
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Korea Trade Insurance Corp. (Ksure) pledged to lead the nation's total trade to the $2 trillion level as early as possible as the state-run firm celebrates its 20th anniversary this year.Ksure has been given huge credit for helping Korea's total trade reach $1 trillion last year by doubling its trad…
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Chairman Kang Duk-soo of STX Group.STX Group will take on the grain business in earnest from this year involving many areas including storage, transportation, and trading aimed at synergy among its affiliates now that its grain storage terminal in the United States is completed, the group said recen…
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Chairman Han Dong-woo of Shinhan Financial Group.Shinhan Financial Holdings Co. underwent a massive restructuring on Jan. 26 under its so called 'Shinhan-type Matrix System' followed by a personnel shake-up on Jan. 30 to start the new year in a brand new environment, industry sources said recently.T…
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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…
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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…
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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…
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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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