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Economy/Finance
Chairman Lee Chan-woo of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group announced on April 30 that its net profit amounted to 714 billion won in the first quarter of 2025. This was a 10.7 percent increase from 64.48 billion won in the first quarter of 2024 a¡¦
President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on April 29 that it will hold a promotion to offer a preferential 100 percent exchange rate to foreign customers who remit their salaries in Korea to their home countries by Dec. 31 of 2025. This promotion is¡¦
President Lee Hwan-joo of KB Kookmin Bank. (Photos: KB Kookmin Bank)KB Kookmin Bank claimed first place in terms of returns on non-principal-guaranteed products of defined contribution (DC) retirement pensions and individual retirement pensions (IRPs) among all banks that are retirement plan provide¡¦
President Lee Ho-sung of Hana Bank. (Photos: Hana Bank)Hana Bank announced on May 2 that it has signed a business agreement with the Association of Vietnamese Residents in Korea, at the Vietnamese Embassy in Jongno-gu, Seoul, on April 29. The deal mean Hana Bank will provide financial education¡¦
Jung Jin-wan, president of Woori Bank, shakes hands with Ahn Jung-hwan, head of K-water¡¯s Ukraine Reconstruction Group at Woori Bank¡¯s Poland Branch on May 7. (Photo: Woori Bank)Woori Bank announced on May 8 that it held a meeting with Korea Water Resources Corporation (K-water) at Woori Bank¡¯s P¡¦
President Kang Tae-young of NongHyup Bank. (Photos: NongHyup Bank)NongHyup Bank announced on April 30 that it signed an export financing business agreement with the Korea Defense Guarantee Cooperative to support Korean defense companies¡¯ overseas expansion. The signing event took place at the ¡¦
President Park Chang-hoon of Shinhan Card. (Photos: Shinhan Card)Shinhan Card announced on April 21 that it has launched Shinhan Card Discount Plan and Shinhan Card Discount Plan+, which provide discounts of up to 20 percent according to the daily, monthly, and yearly spending schedules of customers¡¦
KB Kookmin Card President Lee Chang-kwon poses for a photo with Kim Hyun-mi, head of the Senior Welfare Center after delivering 150 million won in donations at KB Kookmin Card's headquarters on May 2. (Photos: KB Kookmin Card)KB Kookmin Card announced on May 2 that it will hold the ¡°Joyful Festival¡¦
President Kim Sung-hwan of Korea Investment & Securities. (Photos: KIS)As Korea¡¯s financial authorities speed up the introduction of the Investment Management Account (IMA) System, Korea Investment & Securities (KIS) is emerging as a potential candidate to start the IMA System. The IMA¡¦
Vice Chmn. Yoo Chang-soo of Eugene Investment (Photos: Eugene Investment)Eugene Investment said the company is operating 2025 Eugene Running Crew (ERC) Class event to promote healthy lives for investors.The class will be conducted on seven occasions at 7 p.m. every Thursday between April 10 and May ¡¦
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Industry/Energy
LS Cable & System President & CEO Koo Bon-kyu delivers a commemorative speech at a groundbreaking ceremony for the largest submarine cable manufacturing plant in Chesapeake, Virginia. LS Cable & System has become the first Korean com¡¦
President Kwon Myung-ho of Korea East-West Power (EWP). (Photos: EWP)Korea East-West Power Co. (EWP) revealed AI technologies for use in the energy sector at the 2025 World IT Show, which took place at COEX in Seoul from April 24 to April 26. Th¡¦
President Huh Se-hong of GS Caltex. (Photos: GS Caltex)GS Caltex¡¯s tedious efforts have paid off through private-public sector cooperation: persuading the International Maritime Organization (IMO) to allow general refueling ships to carry ¡°B30 bio ¡¦
President Kim Dong-cheol of Korea Electric Power Corp. inspects major facilities of the Shinuijeongbu Substation to expand the power grid and looks into countermeasures against abnormal climate phenomena, such as a spell of severe heat and downpours ¡¦


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