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AmorePacific held a ceremony to celebrate its 72nd anniversary at the AmorePacific Manpower Development Institute in Giheung, Yongin City, Gyeonggi-do, on Sept. 5. AmorePacific Chairman Suh Kyung-bae, stepping onto the podium, appeared to be resolute.  The cosmetics company has been experien…
KT Chairman Hwang Chang-kyu met with Nokia Chairman Rajeev Suri and discussed ways of promoting cooperation in technologies related to 5G mobile network services at KT’s office in Gwanghwamun, downtown Seoul, on Aug. 25. The two CEOs exchanged views on the upcoming pilot 5G mobile network service…
Samsung Electronics President Koh Dong-jin has been riding a rollercoaster from the hell since last August. He confidently unpacked the Galaxy Note 7 in New York, but the episode surrounding the device’s faulty batteries dashed Samsung Electronics and President Koh’s hopes immediately. The glitc…
SK Telecom, the nation’s largest telecom service provider, has succeeded in exporting its AI network solution to Bharti Airtel, India’s largest communications service provider. It takes on significance that a software solution produced based on a Korean telecom service provider’s operation expe…
Daesang has released the Chuseok, traditional Korean holiday, gift sets for 2017. Entering the first quarter of 2017, the Korean economy has showed signs of recovery on the back of rising exports. As the consumer sentiment index continued to hover over 100 until July, consumer expectation senti…
Chang Hyun-jeong, a staff with KT&G Gyeonggi Province Headquarters on a paternity leave. KT&G has been stepping up moves to support expecting mothers by extending paternity leave and childcare allowances. KT&G is changing its corporate regulations to allow employees to take time off fr…
A view of the POSCO Center building in Seoul.(Photo: POSCO) POSCO share price has been rising thanks to the improved results in the first half related to the restructuring of its operation ordered by Chairman Kwon Oh-joon. Analysts project its stock price to range between 366,000 won and 410,000 wo…
Hyundai Motor test-opeates a next-generation fuel cell vehicle at the “Hydrogen Electric House” that opened at a Han River park in Yeouido, Seoul on Aug. 17. (Photo: Hyundai Motor Group) Hyundai Motor Group is dramatically expanding its eco-friendly car lineup as part of efforts to secure future …
The Ho Chi Minh City Lotte Center built by Lotte Group. (Photo: Lotte Group) Lotte Business Group is striving to build a foundation for its continued growth amidst the business hardships the group has been experiencing in Korea. Lotte Group Chairman Shin Dong-bin told a meeting with CEOs last mont…
LSIS COO Park Yong-sang poses with his staff members after winning he Minister of Trade, Industry and Energy Award in the organization category of compliance program (CP) during a ceremony to celebrate 2017 Trade Security Day at the Korea Chamber of Commerce and Industry in Seoul on Sept. 19. LSIS …
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Economy/Finance
Chairman Kim Yong-hwan at a recent media briefing session explaining the group’s 2018 management plan. NH Financial Group aims to log 1 trillion won in net profit in 2018 by strengthening the Wealth Management and Corporate Investment Banking secto…
President Ham Young-joo of KEB Hana Bank.(Photo: KEB Hana Bank) KEB Hana Bank won the 6th Financial Consumer Protection Grand Award of the Financial Services Commission Chairman, which was designated by the Korea Economic Daily with the support of t…
A photo of the participants at KDB Next Round 100th Event held on Nov. 6 at Yeouido Grand Hotel where the arrival of the 4th Industrial Revolution was taken up as a main subject for discussion.(Photo: KDB) Gov. Lee Dong-geol of said Korea Developmen…
KIS President Ryu Sang-ho, 3rd R, holds hands with top officials of Danpac Sekuritas, an Indonesian securities firm, after signing an agreement to take over a 75 percent stake in Jakarta, Indonesia,  on Nov.12. (Photo: KIS) Korea Investment &am…


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