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President Huh Se-hong of GS Caltex.GS Caltex will offer at least 100 billion won ($84.3 million) in green bonds to invest in eco-friendly production facilities, the oil refinery said in mid-October.Green bonds allow companies to borrow money at lower interest rates for eco-friendly products or servi…
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A view of the AmorePacific building in Seongsu-dong, Seoul.There are many sides to Seongsu-dong, but perhaps it is most commonly known for its alleys and one 40-year-old factory. Every weekend, its streets are thronged with artists and fashionistas who give the area a lively and bustling atmosphere.…
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Korean top managers, including Vice Chairman Huh Myung-soo of GS E&C and concurrently chairman of Korea Business Council for Sustainable Development (KBCSD), gesture as they attend the Sustainable Business Innovation Forum, hosted by KBCSD in Seoul on Oct. 25. (Photo: KBCSD)Top managers in Korea…
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A bird’s eye view of the former OCI Plant complex in the Yongin and Hakik No.1 Bloc Region(1.5 million sq. meters) in Incheon where a mini new city with 13,000 new residential houses are to be built. (Photo: HDC)Vice Chairman and CEO Lee Woo-hyun of OCI. (Photo: OCI)A former site of the OCI plant c…
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LS Group Chairman Christopher Koo makes an inspection tour to a specialized cable production line of LS Hongqi Cable & System, a Chinese operation of LS Cable & System (LS C&S) in Yichang City, HUbei Province, China, on Oct. 10. (Photos: LS Group)LS Group Chairman Christopher Koo toured …
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A view of the building in Seoul where CJ Cheiljedang has offices. (Photo: CJ)CJ Cheiljedang Corp. on Nov. 11 reported its third-quarter net income of 17.1 billion won (US$ 14.6 million), down 85.9 percent from a year earlier on sales of 5.858,1 trillion won, up 18.5 percent YoY. The company said in …
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A view of Asiana Airlines headquarters in Gangseo-gu, Seoul. (Photo: Asiana Airlines)The consortium of Hyundai Development Co. (HDC) and Mirae Asset Daewoo has been selected as the preferred bidder to take over Asiana Airlines. Kumho Industrial Co. announced Nov. 13 that the HDC-led consortium has b…
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Executive Vice Chairman Chung Ui-sun of Hyundai Motor Group explains the strategy for future cars on Oct. 15 at the ceremony for announcing the National Strategy for Future Cars. (Photo: HMG)Hyundai Motor Company announced key investments into three hydrogen companies - Impact Coatings, H2Pro and GR…
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Samsung Electronics logged 62 trillion won in third quarter consolidated quarterly revenue and 7.78 trillion won in quarterly operating profit, according to financial results ending Sept. 30 announced by the electronics giant. Third quarter profit fell sharply from a year earlier, but improved …
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<엔지니어들이 SOC실증연구센터에서 스마트 건설 방식으로 공사를 진행하고 있는 모습.>SK텔레콤은 한국건설기술연구원, 트림블, 현대건설기계, SK건설 등과 함께 SOC 실증연구센터에서 ICT를 활용한 도로공사 실증을 성공리에 마쳤다고 11월 21일 밝혔다. 이번 실증사업은 기존 전통방식과 스마트 건설방식으로…
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Hwang Ki-yeon, the 23rd president of the Export-Import Bank of Korea, delivers his inaugural address at the auditorium of the bank's Yeouido headquarters in Seoul on Nov. 6. (Photos: Korea Eximbank)“The Export-Import Bank of Korea should evolve beyo…
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FSC Chairman Lee Eok-won poses for a photo with Mirae Asset Chairman Park Hyeon-joo, Celltrion Chairman Seo Jung-jin and Korea Development Bank Chairman Park Sang-jin among others during the National Growth Fund Launch Ceremony at Korea Development B…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group won the Presidential Prize, the highest honor, at the 25th Korea Digital Management Innovation Awards on Nov. 27. The honor recognized KB Financial Grou…
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On Dec. 12, IBK established an international cooperation network in Luxembourg to support Korean SMEs and startups. Kim Sung-tae, CEO of IBK, poses for a photo with Gilles Roth, Luxembourg’s Minister of Finance and chairman of LHoFT at the Luxembour…
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