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K-water President Choi Gye-woon and KEPCO President Cho Hwan-eik hold the certificate of an MOU on the integration of the remote reading of tap water and electricity, overseas projects, education, and other areas of mutual concern for technology cooperation after they signed the deal …
The SMART-Ua, an unmanned machining produced by Hwacheon. (photos: courtesy of Hwacheon) Hwacheon Group has grown into a household name as Korea’s representative machine tools maker since its inception 62 years ago. Hwacheon Group Chairman Kwon Young-ryual said his late father Kwon Seung-kwa…
Chairman Lee Jai-seong of Hyundai Heavy Industries receives a gift from Energy and Industry Minister Mohamed Bin al Sada of Qatar during the Gastech 2014 Conference and Exhibition held at Kintex near Seoul on March 24-27. Hyundai Heavy Industries Co. (HHI) has strengthened its marketing f…
CEO Ko Jae-ho of Daewoo Shipbuilding and Marine Engineering Co. Daewoo Shipbuilding and Marine Engineering Co. (DSME) is about to sign a shipbuilding order worth some $4.5 billion to build 15 ice-breaking LNG carriers with Russia’s Yamal LNG Co., a joint venture involving a number of international…
Chairman Chung Mong-koo of the Hyundai Motor Group stresses his points at a recent management strategy meeting of the group’s leading executives at the group’s headquarters in southern Seoul. Chairman Chung Mong-koo of Hyundai Motor Group announced the “Leading Management” to mak…
The Hi-MOLD6500, a high-speed machining center produced by Hyundai Wia. Hyundai Wia has been establishing itself as a global integrated machinery maker. The company boasts of a global competitive edge in many areas ranging from its mainstay machine tools sector to the automotive parts, heavy indust…
President Park Chang-min of Hyundai Development Co. Hyundai Development Co. has won the project in India to build the highest skyscraper on the subcontinent from RNA Co., a real estate development company, in January, which is the first project the company won in 23 years overseas after completing …
New Chairman Kwon Oh-joon delivers his inauguration speech at a ceremony held at POSCO Center in Seoul on March 14 to officially take over the helm of POSCO. (Photo: POSCO)Chairman Kwon Oh-joon officially has taken over the steelmaker as its top manager from March 14 with the slogan “Rebuildin…
SBC President Park Cheol-kyu holds a news conference to mark two years in office on Jan. 18. (photo: courtesy of SBC, article by S. Y. Kim)A global entry start-up academy program in which up-and-coming startup firms are given a helping hand to make their way overseas will be expanded so young C…
A survey of SK Business Group’s 15 listed subsidiaries showed that they racked up 76.732 trillion won in exports, surpassing the 71.173 trillion won in domestic sales during 2013. The export figure accounts for 51.9 percent of the group’s total sales. Even if the unlisted subsidiaries, including…
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Economy/Finance
Chairman Cho Yong-byoung of Shinhan Financial Group declares “One Shinhan” strategy during a ceremony for the 17th anniversary of the financial group held on July 3 at the group’s headquarters near South Gate in Seoul. (Photo: Shinhan Financial Gr…
Chairman Yoon Jong-kyoo of KB Financial Group. (Photo:KBFG)Chairman Yoon Jong-kyoo of KB Financial Group is ready to set up an investment banking unit to operate in New York next month to launch the group’s global IB plan. The move is intended to ex…
President Lee Dae-hoon visits a branch to encourage the staff and listen to any problems they might have. (Photo: NH Bank)President Lee Dae-hoon of NH Bank said he is sure the bank has a sound lead in digital banking facilities over other banks, and …
President Kim Do-jin delivers his congratulatory speech at a ceremony on Aug. 1 celebrating the 57th anniversary of the Industrial Bank of Korea(IBK) held at the bank’s head office in Eulziro, downtown Seoul. (Photos: IBK)The Industrial Bank of Kore…


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