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KT&G President Baek Bok-in.(Photo: KT&G) KT&G President Baek Bok-in has been reelected for a 3rd term despite opposition from the company’s second largest shareholder, Industrial Bank of Korea (IBK). President Baek suffered a setback with opposition from IBK, but his reelection was app…
“Cheon Nok Jung Every Time” is a deer antler extract product that people can carry with ease. KGC’s brand Cheon Nok logged 100 billion won in accumulated sales in three years since it was launched in December 2014. (Photo: KGC) The Korea Ginseng Corp. (KGC)’s “Cheon Nok” that made its debut i…
A general view of Wine Korea in Yeongdong, Chungcheongbuk-do. A view of Wine Korea’s foot bath tubs.The facade of Wine Korea headquarters decorated with breath-taking fall foliage.A view of the entrance of Wine Korea headquarters. Wine Korea is Korea’s representative winery based in Yeongdon…
POSCO Chairman Kwon Oh-joon declares a vision to become a centennial group in celebration of the 50th anniversary at POSTECH Gymnasium on April 1. (Photo: POSCO) POSCO, celebrating its 50th anniversary on April 1, declared a new vision to become a centennial group, aiming to post 500 trillion won i…
Samsung Electronics Vice Chairman Lee Jay-yong. (Photo: Samsung Electronics) Samsung Group celebrated its 80th anniversary on March 22, but the group did not hold a ceremony. The group has maintained a low profile as it has been victimized by “Samsung bashing” by some political parties and media …
Hyundai Motor Group Chairman Chung Mong-koo. Hyundai Motor Group announced on March 28 a plan to improve a corporate governance structure by making Hyundai Mobis a virtual holding company of the group and easing cross-shareholdings.  The plan calls for disposing Hyundai Motor Group Chairman C…
Lotte Chemical President Kim Gyo-hyun. (Photo: Lotte Chemical) Lotte Chemical, one of the nation’s top petrochemical companies, is focused on field management, with the goal of setting a milestone ― surpassing 3 trillion won in operating profit.  In particular, Lotte Chemical President Kim …
Serbian President Alexander Vucic and LG Group Chairman Christopher Koo join others, including  LS Vice Chairman Lee Kwang-woo and SPSX executives in a ground-breaking ceremony for Super Excess’s production operation in Zrehanin, Serbia. (Photo: LS Group) LS Group is setting up a production o…
CJ Group Chairman Lee Jay-hyun.Bibigo Mandu put on the Chinese market. (Photos: CJ) CJ is determined to lay a foundation this year to realize the vision “Great CJ,” calling for chalking up 100 trillion won in sales by 2020. To this end, the group is accelerating efforts to maintain sizeable growt…
A model, left, holds a bottle of the HappyBath Micro 2.5, Micella Oil,  recommended for removing fine dust with the property of Micella technology while the model, right, holds a bottle of the Fresh Pop Green Herb Recipe Shampoo good for removing pollutants in the scalps. The annual yellow dus…
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Policy/Politics
Deputy Prime Minister and Minister Kim Dong-yeon of the Ministry of Strategy and Finance (MOSF) delivers a key-note speech as a governor at the 51st Annual Meeting of ADB's Board of Governors at the Asian Development Bank (ADB) headquarters in Manila…
Dignitaries, including Slovak President Andrej Kiska, KITA Executive Vice Chairman Han Jin-hyun, and Executive Vice Chairman Kim Joon-dong of Korea Chamber of Commerce and Industry attend a dinner for the visiting Slovak president, hosted by five eco…
President Moon Jae-do of Korea Trade Insureance Corp.(K-sure)Korea Trade Insurance Corp.(K-sure) announced recently that it plans to sign trade insurance contracts worth 65 trillion won by 2022 to support Korea’s international trade while introducin…
President Kwon Pyung-oh of the Korea Trade-Investment Promotion Agency (KOTRA) said KOTRA will reorganize its overseas network with a focus on emerging countries, including India and VietnamKOTRA has decided to restructure its overseas network in lin…


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