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AmorePacific Chairman Suh Kyung-bae delivers his message at a ceremony to kick off the 2017 business year. (Photo: AmorePacific) AmorePacific Chairman Suh Kyung-bae is concentrating his focus on expanding the company’s global business territory: making inroads into the ASEAN’s market beyond China…
Kumho Asiana Group Chairman Park Sam-koo. (Photos: Kumho Asiana) Kumho Asiana Group has set the 2017 management task to spearhead a “4th Industrial Society.” In his New Year’s message delivered on Jan. 2, Kumho Asiana Group Chairman Park Sam-koo said, “The speed of the development of the 4th I…
Cho Huyn-joon gives a speech as he took office as Hyosung Group chairman. (Photo: Hyosung Group) It’s not a huge surprise that Cho Hyun-joon has taken the helm of Hyosung Group from his father, Cho Suk-rae. The 82-year-old senior Cho is ailing.  Hyosung Group selected 2016 as the year for th…
President Kim Joon of SK Innovation. SK Innovation will invest some 3 trillion won in chemical, oil exploration and battery projects this year as decided at the management meeting at the end of last year, the energy affiliate of SK Group said on Jan. 1. The company plans to hire some 1,200 new emp…
SK Telecom President Park Jung-ho accelerated efforts to spread the ICT eco-system as he toured the booths of innovative companies and discussed ways to promote cooperation at the Consumer Electric Show (CES) 2017 that opened in Las Vegas on Jan. 5 for a four-day run. President Park visited the p…
CEO Kim Heon-tak of EPC BG of Doosan Heavy Industrial and Construction Co., shakes hands with Chief Minister Akilesh Yadav of Uttar Pradesh, India, after the Korean construction firm   won the project to build  two thermal power plants in the Indian state on Dec. 28, 2016, for 2.8 trillion…
Hyundai Mobis President Lim Young-deuk. Hyundai Mobis unveiled advanced automotive parts related to smart cars and self-driving vehicles at the global consumer electronics and consumer technology tradeshow CES 2017 in Las Vegas from Jan. 5 through Jan. 8. The Korean automotive parts maker’s appear…
L G U+ Vice Chairman Kwon Young-soo said his company will introduce artificial intelligence technologies LG Electronics developed and launch a voice recognition service.  He made the remarks at a meeting with reporters on the sideline of the CES 2017 in Las Vegas, the United States, on Jan. 6…
The next-generation 5G mobile communications and the “GiGa Internet” have been selected as KT’s top achievements of 2016. KT held a ceremony to present the 5G task force and the team responsible for GiGa Internet services subscribers topping 2.5 million with the 2016 “Award of No. 1 KT Man.”…
Members of the university volunteering activity team, “Beyond” are participating in the construction of the POSCO Steel Village in Ba Ria-Vung Tau Province, Vietnam. (Photo: POSCO)POSCO has been conducting social contribution activities since its 1968 founding.Starting with volunteer activities in…
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Policy/Politics
Presidential hopefuls include (from left) Moon Jae-in, Ahn Hee-jung, and Lee Jae-myung, the three on the tick of the Democratic Party of Korea (DPK) as well as Ahn Cheol-soo of the People’s Party,  Yoo Sung-min of the Barun Party, and Hong Joon…
The Korea Institute for Advancement of Technology (KIAT) hosts a forum on startups’ future innovation.  The Korea Institute for Advancement of Technology (KIAT) hosted a session at the Daegu Venture Center of the Daegu Technopark on March 8 to…
Second Vice Minister Woo Tae-hee of the Ministry of Trade, Industry and Energy (MOTIE) speaks at the inaugural session of the Nuclear Power Export Consultative Committee at the Seoul Palace Hotel on Feb. 3. (Photo: MOTIE) The government has joined f…
Minister Kang Ho-in of the Ministry of Land, Infrastructure and Transport (MOLIT). The Ministry of Land, Infrastructure and Transport (MOLIT) plans to pour 470 billion won into research and development to foster new industry businesses and brace for…


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