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A view of POSCO Center in Seoul. (Photo: POSCO) POSCO 2nd Qtr. profit more than doubles profit rises to 530.1 billion won from 220.5 billion won, thanks to excellent results in construction, energy and trading affiliates to cover slowdown in steel sector,POSCO said July 20 its second-quarter net pr…
President Lee Tae-jong of Hanwha Corp.’s defense business who received the Korea Prime Company Award from the Korea Academic Society of Business Administration at an awards ceremony at the Kimdaejung Convention Center in Gwangju on Aug. 21. Hanwha Corp. won the Korea Prime Company Award from the K…
Samsung Electronics Vice Chairman Lee Jay-yong. (Photo: Samsung Electronics) Global attention is now squarely on how Samsung Business Group steers its management decisions after a district court hands down its verdict for the imprisoned Samsung Electronics Vice Chairman Lee Jay-yong on Aug. 25.&nbs…
The ESS model, RESU 6.5 Silver, produced by LG Chem. (Photo: LG Chem) LG Chem has joined forces with Swedish furniture company Ikea to make inroads into the British power market. Under the collaboration, a world-class household solar energy storage system LG Chem possesses will be sold through Ikea…
CJ Group Chairman Lee Jay-hyun.CJ’s “Bibigo Wanggyoja,” a king-sized dumping, has seen its cumulative sales amount to 300 billion won since it debuted three and eight months ago. CJ Cheiljedang posted 300 billion won in cumulative sales from sales of “Bibigo Wanggyoja” (king-size dumplings) in…
LS Cable & System President Myung Roe-hyun shakes hands with President Hilal Al-Kuwari of Qatar General Electricity & water Corporation after signing a 219 billion won contract to supply super-high voltage cables to the Qatar General Electricity and Water Corporation. (Photo: LS Cable & …
AmorePacific Chairman Suh Kyung-bae (Photos: AmorePacific) AmorePacific suffered a setback recently as the company was buffeted by China’s retaliatory steps against the installation of the U.S. Terminal High Altitude Area Defense (THAAD) system in Korea. Influenced by China’s retaliatory steps, A…
Chairman Kang Shin-ho of Dong A Socio Group.A photo of the participants in the 20th Dong A Pharmaceutical Co. College Students Long March and the 1,600  family members  of the past 19 long march events taken in commemoration of the long march on July 23 at Korea University’s Hwajeong Gym …
SM Group Chairman Woo Oh-hyun SM Group Chairman Woo Oh-hyun won the Mid-size Company CEO Grand Prize from the Korea Academic Society of Business Administration (KASBA) at the Kimdaejung Convention Center in Gwangju on Aug. 21. SM Group, established in 1988, is engaged in a diverse array of busines…
Vice Chairman Kwon Oh-kap of Hyudai Heavy Industries Group. (Photo: HHI) Hyundai Heavy Industries (HHI) suffered about 5 trillion won in operating losses between 2014 and 2015 due to the slumping global shipbuilding industry. In September 2014, Hyundai Oil Bank President Kwon Oh-kap was appointed t…
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Policy/Politics
Director General Lee Sung-hae of the Spatial Information Policy Bureau at the Ministry of Land, Infrastructure and Transport (MOLIT). The Smart Geospatial Expo 2017 will take place at the aT Center in Yangjae-dong, Seoul, from Aug. 30 to Sept. 1. Th…
Dignitaries, including Vice Minster Lee In-ho of the Ministry of Trade, Industry and Energy, and KOTRA President Kim Jae-hong, participate in an event cut a cake in celebration of KOTRA’s 55th anniversary at the KOTRA headquarters in Yeomgok-dong, S…
Residents from Ulju County in Ulsan march in a rally to protest the halting of the construction of Shin Kori Nuclear Power Units 5 & 6. They demanded for continuing construction as planned. A public debate committee on the construction of t…
President Moon Jae-in delivers a commemorative video message at a ceremony to celebrate the 50th Industrial Safety Health Emphasis Week at Coex in Seoul.Vice Minister Yi Sung-ki of the Ministry of Employment and Labor give a speech at the 50th Indust…


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