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Toray Advanced Materials Korea (TAK) Chairman Lee Young-kwan attends a meeting on the development of Saemangeum in which the Ministry of Land, Infrastructure and Transport (MOLIT) presided over at the Saemangeum Public Relations Center on March 16. (Photo: MOLIT)Toray Advanced Materials Korea (TAK) …
KGC officials explain CheongKwanJang Plus and other products to buyers visiting KGC’s booth at in the 2018 TFWA World Exhibition & Conference that took place in Singapore from May 6 to May 10. The Korea Ginseng Corp. (KGC) participated in the 2018 TFWA World Exhibition & Conference that too…
Hyundai Mobis test-operates its own radar technology, whose development is to be finished soon. (Photo: Hyundai Mobis)Hyundai Mobis, completing its own development of radar technology this year, is accelerating efforts to secure core technologies for self-driving cars, company officials said. The co…
Vice Chairman Park Jin-soo of LChem.LG Chem will invest 240 billion won to establish a joint venture with the world’s No. 1 cobalt refinery. The move is designed to secure a stable supply of cobalt as one of key raw materials for producing EV batteries. Cobalt prices have surged. LG Chem said on Ap…
A view of Kumho Petrochemical’s second energy plant in Yeosu.Kumho Petrochemical shares have shown signs of rising on the back of the company’s better-than-expected 1st quarter business performance. Kumho Petrochemical shares closed at 109,000 won on May 3, up 500 won or 0.64 percent center over t…
A lot of visitors look at smart energy solutions on display at LSIS’s pavilion at an exhibition fair at Hannover Messe, Germany, on April 24. (Photo: LSIS)Despite the strong won, LSIS chalked up its largest-ever 1st quarter operating profit on the back of even growth in all business areas. LSIS log…
Lotte Shopping Co. President Kang Hee-tae unveils a plan to invest 3 trillion won to ramp up the on-line business on May 15. (Photo: Lotte Shopping)Lotte, the nation’s largest distribution juggernaut, has decided to integrate its online shopping malls in order to take a leadership position in the o…
Hanwha Group Chairman Kim Seung-youn. (Photo: Hanwha Group)Three years have passed since Samsung General Chemical and Samsung Total, acquired by Hanwha Group, changed their name to Hanwha General Chemical and Hanwha Total, respectively. Following the deal with Samsung Group, Hanwha Group has fulfill…
Diverse designs of Lotte Confectionery’s “Buon Gelato” ice cream package whose entry won the Silver A’ Design Award in the packaging design competition category at the 2018 A’ Design Award & Competition. (Photos: Lotte Confectionery)Lotte Confectionery’s “Buon Gelato” ice cream package w…
Chairman Koo Bon-moo of LG Group waves his group’s flag as he took the helm of the group on Feb. 22, 1995.Chairman Koo Bon-moo of LG Group, one of Korea’s representative conglomerates, passed away at the age of 73. The late Koo, born in Jinju, Gyeongsangnam-do, took the helm of the group as the th…
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Economy/Finance
Chairman Yoon Jong-kyoo of KB Financial Group.KB Financial Group plans to continue to retain its position as a leading financial group in Korea as the first financial group to join the envious 3 Trillion Club in net profit.The group set out to streng…
New Chairman Kim Kwang-soo of NH Financial Group and key executives joined by important guests pose for a group photo session following the inaugural ceremony for the new chairman on April 30 held at the financial group’s head office in Seoul.Kim Kw…
The winners of the 2018 State Industry Grand Awards including Pres. Shin Hong-seob of KB Savings Bank, pose for a photo session at Grand Hilton Hotel Ballroom in Seodaemoon Ward in Seoul, where the event took place on May 17.(Photos: KB Savings Bank)…
President Ham Young-joo of KEB Hana Bank. (Photo: KEB Hana Bank)KEB Hana Bank has been leading the retirement fund market, led by its Target Date Fund (TDF) that was launched two years ago. It’s said to be selling well among customers, which is help…


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