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Business/Company
Representatives from Samsung SDS and  its blockchain consortium partners for shipping and logistics pose during an inaugural meeting at its campus in Pangyo, Gyeonggi-do, on May 31. (Photo: Samsung SDS) The logistics sector has become the first area in Korea to employ a blockchain technology. …
Vice Chairman Chung Eui-sun introduces the Kona, Hyundai Motor’s new SUV in the B segment of the SUVs at the automaker’s new studio in Ilsan near Seoul on June 13. (Photos: Hyundai Motor) Vice Chairman Chung Eui-sun debuted the Kona at the Kona World Premiere, the first SUV in the B segment, prod…
LG Chem Vice Chairman Park Jin-soo. (Photo: LG Chem)LG Chem is concentrating its capabilities on the nurturing of core businesses, including basic materials, batteries, IT/electronics materials and life science. The company aims at becoming a “global top five” chemical company by advancing its bus…
A number of key officials of Lotte Group led by Chairman Shin Dong-bin clap hands at a ceremony to open the Lotte R&D Center in Magok, Seoul, on June 1. Lotte Group, Korea's food and retail giant, unveiled on June 1 its new research and development (R&D) center in eastern Seoul, vowing to s…
CJ Group Chairman Lee Jay-hyun (Photo: CJ Group)CJ Jeiljedang will formally make inroads into the frozen food market in Russia as the company now has taken over Ravioli, a frozen food company in Russia, for 30 billion won, the company announced on June 1. The company is on its way to taking a 90 per…
Hanwha Chemical President Kim Chang-beom hanwha Chemical has decided to mass produce an eco-friendly plasticizer that do not cause harm to human body. A plasticizer is added to rubbers and resins to impart flexibility, workability, or strechability.  Hanwha Chemical’s third plant at the Ulsa…
LSIS Chairman Koo Ja-kyun. (Photos: LSIS) LSIS said its executives and staff, together with members of the Environment Action Association, and 30 local residents, all chipped in to clean the Anyang Stream, flowing through Seoksu-dong, Anyang, Gyeonggi Province. The group cleared out all kinds of de…
Former Chairman Cho Suk-rae of Hyosung Group. (Photos: Hyosung Group) Hyosung Group published a collection of articles written by 80 people on its former Chairman Cho Seok-rae on May 31 through a Publication Committee led by Chairman Sohn Byung-doo, who also heads the Hoam Foundation as chairman. …
Chairman Suh Kyung-bae of AmorePacific Co.A view of Outrun, a sun cream to protect the skin of athletes who train under hot sun, developed by a Lean Startup, run by a number of volunteers among the employees to come with a brand new cosmetics brand for the company. Chairman Suh initiated the in-hous…
Chairman Shin Choon-ho of Nongshim Group.Vice Chairman Shin Dong-ik of Nongshim Mega Mart.Chairman Shin Choon-ho of Nongshim Group has been preparing for his eventual retirement by giving his shares in a number of key affiliates of the business group to his sons, the most recent being 100,000 shares…
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Policy/Politics
Seoul Mayor Park is heading a special envoy delegation to the ASEAN for President Moon Jae-in, including Rep. Kim Hyun-mi of the MPK, who was appointed to be minister of land, infrastructure and transport, and Rep. Shin Kyung-min. Seoul Mayor Park W…
Korean National Assembly Speaker Chung Se-kyun poses with foreign parliamentary leaders, including Indian House Speaker Sumitra Mahazan, during their meeting designed to discuss the 2nd Eurasian Parliamentary Summit in Seoul on April 2. (Photo: Natio…
Prime Minister Lee Nak-yon delivers his inaugural speech on June 1 after he was approved by the 1st premier of President Moon Jae-in government. Prime Minister Lee Nak-yon took office on June 1 after getting the nod from the National Assembly as the…
President Moon Jae-in delivers his congratulatory speech at the 2017 AIIB Annual Meeting at the Jeju International Convention Center on June 16. (Photo: Cheong Wa Dae) President Moon Jae-in on May 10 said the Silk Road by land and sea will be comple…


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