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GS Group Chairman Huh Chang-sooGS Group will invest 3.1 trillion won, up 48 percent from last year, in such areas as energy, retailing and construction so that its turnover this year would increase by 7 trillion won from last year to 75 trillion won, the group said recently. The group said that the …
Chairman Chung Joon-yang of POSCOChairman Chung Joon-yang of POSCO said the steelmaker will try to increase its operating profit 2 percent more than its closest rival steelmakers this year through the development of new steel products and cost cutting mixed with global total solution marketing under…
Chairman Chey Tae-won of SK GroupChairman Chey Tae-won of the SK Group said the group should invest more and create more jobs when the economy is going badly to put it on the right track for growth through aggressive management.During his New Year meeting with the group's key executives on Jan. 3, t…
Lotte Group Chairman Shin Dong-binLotte Group Chairman Shin Dong-bin unveiled a plan to raise its annual investments by 40 percent in a meeting with reporters following a New Year meeting of businessmen at the Korea Chamber of Commerce & Industry (KCCI) on Jan. 5.Later, the group officially anno…
Hyundai Motor Group Chairman Chung Mong-kooHyundai Motor Group will invest 14.1 trillion won this year into the group, up 15.6 percent from 12.2 trillion won last year, the group said recently. The huge increase in investments reflects Chairman Chung Mong-koo's idea that investment should be increas…
Chairman Lee Kun-hee of Samsung GroupSamsung Chairman Lee Kun-hee in his address at the group's New Year ceremony held at Hotel Shilla in Seoul on Jan. 2, said the group will do all it can for the good of society as a member of society, since its power derives from society.The top executive of the n…
Minister Rim Che-min of the Ministry of Health & Welfare delivers his speech at a ceremony to launch the ministry's 2012 business year.Minister Rim Che-min of the Ministry of Health & Welfare (MW) said, "The government will push ahead with measures to address health, medical, and social welf…
Minister of Knowledge Economy Hong Suk-woo attends a meeting with the nation's top 30 business group leaders at the Seoul Renaissance Hotel on Jan. 13.The nation's top 30 conglomerates have decided to set aside a combined 151.4 trillion won in investments and create 123,000 new jobs during this year…
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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…
President Hur Yin delivers his inaugural speech at a ceremony on Nov. 22. (Photos: KBFG)  New KB Kookmin Bank CEO Hur Yin said Nov. 22 he will serve as a bridge for the bank to continue pursuing its goal of being more client-centered. "My role…


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