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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…
A group of dignitaries are lined up at a ceremony to open the Very(AJU) Good Dream Site at the site of the old home of late Chairman Moon Tae-shik, the founder of Aju Group for the children of the region led by Chairman Moon Gyu-young who led the project in mermory of his late father. The group incl…
Chairman Cho Hyun-joon of Hyosung Group who has been named as chairman of the board recently. (Photos: Hyosung) Chairman Cho Hyun-joon of Hyosung Group has been named chairman of the board on July 20, succeeding former Chairman Cho Suk-rae, who retired on July 14, completing the third generation ta…
Samsung SDS, the nation’s largest IT service provider, has decided to jointly set up a “cloud innovation lab” with the world’s largest software company, Microsoft. On top of Samsung SDS, LG CNS and SK E&C, two of the Big Three Korean IC service providers are scrambling to forge cloud allia…
Hyundai Heavy Industries (HHI) Group, the world’s largest shipbuilding company, announced on July 26 that it secured 1 trillion won to date this year as a part of the 3.5 trillion won Management Improvement Plan it has been implementing since June 2016 in an effort to rebuild trust in the market …
President Koh Dong-jin of the Wireless Business Sector of Samsung Electronics Co. explains recently the  Galaxy S8 handphone model just put on the market by the electronics giant.(Photo: Samsung Electronics) Samsung Electronics kept its position as second biggest intellectual property rights r…
The CEO of a tertiary cooperative company of Hyundai Motor worried about additional costs following the government’s decision to raise the country’s minimum wage.  But he was soon relieved upon hearing the news that Hyundai Motor and Kia Motors would provide financial support to their seco…
Key executives of Hyundai Motor and Hyundai Capital, the two core affiliates of Hyundai Motor Group, hold a copy of MOU they signed to jointly enter the car sharing service on Aug. 6 through Deal Car, a joint-venture firm. Hyundai Motor and Hyundai Capital, two affiliates of Hyundai Motor Group, ha…
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Policy/Politics
South Korean President Moon Jae-in delivers his maiden speech at the UN General Assembly in New York on Sept. 21. How can North Korean leader Kim Jong-un’s nuclear arms ambitions be stopped? Is it possible that the United Nations Security Council’…
Gov. Choe Heung-sik of the Financial Supervisory Service.(FSS)(Photo: FSS)Gov. Choe Heung-sik of the Financial Supervisory Service (FSS) stressed at his inaugural ceremony on Sept. 11 that the Financial Supervisory Service will perform its services c…
Dir.-Gen. Sohn Myung-soo of the Railway Bureau of the Ministry of Land, Infrastructure and Transport. Director-General Sohn Myung-soo of the Railway Bureau of the Ministry of Land, Infrastructure and Transport said in a recent written interview with…
Chairman Choi Jong-ku of the Financial Services Commission (FSC) will try to cut the maximum interest rate on defaulted loans, now standing at 14 percent per year. He also plans to make insurance firms to make payments to those who have yet to see …


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