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A group of leading executives of both HHI and GE clap hands as they join for a photo session following the signing of an MOU on cooperation in various areas such as turbine engines development for ships, technology for plants, medical equipment and robotics between the two companies led by HHI Chair…
LS Cable & System Chairman Koo Cha-yup. LS Cable & System has developed a marine and ship cable capable of enduring temperatures 70 degrees below Centigrade for the first time in the world. The company said on May 31 that it acquired a quality certification for a marine and ship cable that…
Chairman Park Jeong-won of Doosan Group.(Photos:Doosan Group) Doosan Group has begun a drive to expand its power plant service business by integrating power plant engineering with the latest information and communication technology (ICT). The group announced the opening of the new Software Center …
Hanwha Group Chairman Kim Seung-youn (Photos:Hanwha Group) Hanwha Chemical announced the company chalked up sales of 2.16 trillion won in the first quarter of this year, an increase of 17.8 percent YoY, and 142.8 billion won in operating profit, a 457.8 YoY jump.  The company posted the highe…
Hyosung Business Chairman S. R. Cho. Despite uncertainties related to external business circumstances, Hyosung Business Group is managing to tide over a crisis based on proprietary technology and the high quality of globally leading products such as spandex and tire cords. The group is now moving f…
A view of ‘Freedom,’ a ‘smart tent’ with modules to control air, temperature and sound inside the new tent for outdoor camping introduced by Kolon Sports.(Photo:Kolon Sports) Kolon Group has been forging ahead to lead the growth of “Smart Camping,” a new sports culture born out of the combina…
Buhmwoo Group Chairman Kim Myung-won. Buhmwoo Group became the subject of much attention after a humidifier disinfectant was confirmed to be linked to the deaths of 142 Koreans. “I watch our staff sell the VegeAQUA, an eco-friendly cleaning agent. But I’ve decided to take up the issue of using c…
Spectators at the Kt booth can take a look at what 5G Telecom Olympics will look like at the World IT Show 2016 at KOEX in Seoul on May 17.(Photo:Kt) Kt’s theme at World IT Show 2016 was “A Look Ahead at 5G Telecom Olympics Based Perfect Network.” Kt’s booth was divided into three zones: perfe…
SK Chemicals President Park Man-hoon. SK Chemicals won permission from the U.S. Food and Drug Administration (FDA) to sell the hemophilia drug NBP601, which is a new bio-medicine it developed on its own. It’s the first time a Korean pharmaceutical company has obtained marketing approval of a gener…
A slew of dignitaries including Panamenian President Juan Carlos Varela, Chairman Ricardo Glukis of AES Panama Co., and President Han Chan-keun of POSCO E&C shovel earth to kick off the construction of the Colon Multi-Thermal Power Plant in a ceremony held on April 27 in the Telfers Industrial C…
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Economy/Finance
A group of dignitaries led by Chairman Kim Jung-tai of Hana Financial Group, 3rd L, and leaders of local banks in Taipei, Taiwan, pose for a photo session at a launching ceremony of the Hana Bank’s overseas electronic payment service at the bank’s …
Chairman Yoon Jong-kyoo of KB Financial Group. (Photo:KB Financial Group)KB Financial Group posted 845.7 billion won in net profit in the first quarter of this year a little down YoY but three times more than the preceding quarter, the group said on …
Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Shinhan Financial Group Co. reported a 7.1 percent increase in its net profit for the first quarter ending March from a year earlier, thanks to gains from the insurance unit, Orange Lif…
President Lee Dong-cheol of KB Card, left, delivers a check for 120 million won in donation to the Mirok Umbrella Children’s Foundation on May 3. (Photo: KB Card)KB Card donated 120 million won to the Mirok Umpbrella Children’s Foundation to help t…


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