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Representatives from Samsung SDS and  its blockchain consortium partners for shipping and logistics pose during an inaugural meeting at its campus in Pangyo, Gyeonggi-do, on May 31. (Photo: Samsung SDS) The logistics sector has become the first area in Korea to employ a blockchain technology. …
Vice Chairman Chung Eui-sun introduces the Kona, Hyundai Motor’s new SUV in the B segment of the SUVs at the automaker’s new studio in Ilsan near Seoul on June 13. (Photos: Hyundai Motor) Vice Chairman Chung Eui-sun debuted the Kona at the Kona World Premiere, the first SUV in the B segment, prod…
LG Chem Vice Chairman Park Jin-soo. (Photo: LG Chem)LG Chem is concentrating its capabilities on the nurturing of core businesses, including basic materials, batteries, IT/electronics materials and life science. The company aims at becoming a “global top five” chemical company by advancing its bus…
A number of key officials of Lotte Group led by Chairman Shin Dong-bin clap hands at a ceremony to open the Lotte R&D Center in Magok, Seoul, on June 1. Lotte Group, Korea's food and retail giant, unveiled on June 1 its new research and development (R&D) center in eastern Seoul, vowing to s…
CJ Group Chairman Lee Jay-hyun (Photo: CJ Group)CJ Jeiljedang will formally make inroads into the frozen food market in Russia as the company now has taken over Ravioli, a frozen food company in Russia, for 30 billion won, the company announced on June 1. The company is on its way to taking a 90 per…
Hanwha Chemical President Kim Chang-beom hanwha Chemical has decided to mass produce an eco-friendly plasticizer that do not cause harm to human body. A plasticizer is added to rubbers and resins to impart flexibility, workability, or strechability.  Hanwha Chemical’s third plant at the Ulsa…
LSIS Chairman Koo Ja-kyun. (Photos: LSIS) LSIS said its executives and staff, together with members of the Environment Action Association, and 30 local residents, all chipped in to clean the Anyang Stream, flowing through Seoksu-dong, Anyang, Gyeonggi Province. The group cleared out all kinds of de…
Former Chairman Cho Suk-rae of Hyosung Group. (Photos: Hyosung Group) Hyosung Group published a collection of articles written by 80 people on its former Chairman Cho Seok-rae on May 31 through a Publication Committee led by Chairman Sohn Byung-doo, who also heads the Hoam Foundation as chairman. …
Chairman Suh Kyung-bae of AmorePacific Co.A view of Outrun, a sun cream to protect the skin of athletes who train under hot sun, developed by a Lean Startup, run by a number of volunteers among the employees to come with a brand new cosmetics brand for the company. Chairman Suh initiated the in-hous…
Chairman Shin Choon-ho of Nongshim Group.Vice Chairman Shin Dong-ik of Nongshim Mega Mart.Chairman Shin Choon-ho of Nongshim Group has been preparing for his eventual retirement by giving his shares in a number of key affiliates of the business group to his sons, the most recent being 100,000 shares…
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Economy/Finance
Chairman Yoon Jong-kyoo of KB Financial Group.(Photo: KFG) KB Financial Group continued to make a record profit joining rival financial groups to have the best first half in recent years thanks for boosts in interest income and non-banking earnings …
Chairman Kim Jung-tai of Hana Financial Group, 4th L, joins recently the officers and staff of KEB Hana Bank to make kimchi for the needy families in Seoul. President Ham Young-joo of KEB Hana Bank is seen 2nd R. (Photo: Hana Financial Group) Chairm…
Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Shinhan Financial Group said its third quarter profit came to  817.3 billion won, up 25.1 percent YoY, which is over the third quarter profit average in the securities industry pro…
Chairman Jung Ji-won of the Korea Exchange delivers his inaugural speech at a ceremony on Nov. 3 at the Korea Exchange in Busan. (Photo: Korea Exchange) Jung Ji-won, chief executive officer of Korea Securities Finance Corp., was inaugurated on …


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