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Business/Company
Chairman Huh Jin-soo of GS Caltex is seen during a tour of GS Caltex facilities at the GS Caltex Refinery Complex in Yeosu, South Jeolla Province. GS Caltex, the nation’s 2nd largest oil refinery, last year posted its largest operating profit of 2.1 trillion won since the oil refinery went online.…
CEO Othman A-Ghamdi of S-Oil. S-Oil achieved record-breaking operating profit last year, with its non-oil refining businesses, including petrochemical and lubricant base oil, exceeding 50 percent of the overall operating profit. S-Oil announced on Feb. 2 that it posted sales of 16.32 trillion won,…
Hyundai Elevator President & CEO Bob Jang. (Photo: Hyundai Elevator) Hyundai Elevator announced the 2016 consolidated financial statement on Feb. 9, logging 1.7589 trillion won in sales and 182.5 billion won in operating profit. The figures represent a 21.4 percent jump and a 16.4 percent surge…
Chairman Huh Chang-soo of GS Group. In his New Year’s address, Chairman Huh Chang-soo of GS Group asked that the group find new growth engines to build a broader base for a sustainable and profitable future. He asked the group to diversify its business portfolio and create a corporate culture to a…
KT Chairman Hwang Chang-gyu. KT Chairman Hwang Chang-gyu has been selected as one of the keynote speakers for the Mobile World Congress (MWC) 2017, slated for Feb. 27 in Barcelona, Spain. This is the second time Chairman Hwang will deliver a keynote speech at the MWC following his appearance at the…
Samsung Electronics Vice Chairman Kwon Oh-hyun delivers a speech at a ceremony to kick off the 2017 business year at Samsung Digital City in Suwon, south of Seoul on Jan. 2.  (Photos: Samsung Electronics)Samsung Electronics held a ceremony to kick off the 2017 business year at Samsung Digital …
Chairman Chung Mong-koo of Hyundai Motor Group. In his New Year’s message delivered on Jan. 2, Hyundai Motor Group Chairman Chung Mong-koo set the 2017 management task as responsible management. The group also decided to raise the 2017 car sales goal to 8.25 million units in Korea and abroad, 120,…
SK Group Chairman Chey Tae-wonSK Innovation President Kim JoonSK Telecom President Park Jung-hoK Hynix President Park Sung-wook. (Photos: SK Group) SK Group plans to shift into a “practicality mode” to break through the fixated low growth rate trend.  The group has deployed “practical” ma…
LG Group Chairman Koo Bon-moo speaks at the group’s New Year’s gathering at the LG Twin Tower in Youido, Seoul, on Jan. 2. LG Group Chairman Koo Bon-moo called for his executives and staff members to lay a foundation by seizing growth opportunities amid changes and overcoming crises. Chairman Koo…
A photo of Del Amo Bibigo Restaurant in the U.S. which opened last year.A Bibigo restaurant in Huamao Center in Beijing, China.(Photo: CJ Foodville) CJ Foodville, an affiliate of CJ Group, said on Dec. 26 that it has opened three new restaurants in the U.S. and China that serve “Bibigo,” bringing…
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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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