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LS Cable & System Chairman Koo Ja-yeop. (Photo: LS C&S)LS Cable & System (LS C&S) is accelerating efforts to ramp its global presence as the company has put into operation - or will open - an optical cable and an EV battery parks plants in Poland, serving as a foothold to tap the Eur…
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LG Chem Vice Chairman Shin Hak-cheol. (Photo: LG Chem)LG Chem has reorganized its business structure under the stewardship of new Vice Chairman Shin Hak-cheol. The restructuring calls for inaugurating a advanced materials business headquarters. LG Chem reshaped its business structure - four business…
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Vice chairman Kim Kyo-hyun of Lotte Chem.Lotte Chemical logged 16.545 trillion won in sales, 1.968 trillion won in operating profit and 1.678 trillion won in net profit in 2018. The company announced the provisional figures based on a consolidated financial statement. The 2018 sales represent a 4 pe…
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President Hur Sae-hong of GS Caltex.(Photo: GS Caltex)GS Caltex will invest 2.7 trillion won to build an olefin plant for completion in 2021 to turn out 700,000 tons of ethylene and 500,000 tons of polyethylene annually.The second-largest oil refinery in Korea signed an agreement with SK Energy to s…
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President & CEO Moon Dong-joon of Kumho Petrochemical. / Kim Sun-kyu, head of the management division of Kumho Petrochemical. / President Shin Woo-sung of Kumho B&P Chemical.Former President Moon Dong-joon of Kumho P&B Chemicals has been appointed president & CEO of Kumho…
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President Kim Young-sang of the Daewoo International unveils the new name in a ceremony held on Feb. 18 from POSCO Daewoo, its old name. (Photo: POSCO International)POSCO Group changed the name of POSCO Daewoo, its international integrated trading house, formerly Daewoo International, to POSCO Inter…
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The late chairman Cho Yang-ho of Hanjin Group. (Photo: Hanjin Group)The sudden death of Chairman Cho Yang-ho of Hanjin Group and Korean Air has put the business group into an emergency management mode, and his son and Korean Air President Cho Won-tae, is expected to emerge to the management front as…
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Samsung Electronics Vice Chairman Lee Jay-yong. (Photos: Samsung Electronics)As 5G smartphones are enjoying more early popularity than expected, Samsung Electronics plans to expand the production of modem chips for 5G telcom communications and solutions used for those smartphones. Samsung Electronic…
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Views of the best-selling “Water Sleeping Mask,” produced by AmorePacific.AmorePacific’s brand “Laneige” is entering the European market.Starting April, AmorePacific is opening Laneige outlets at about 800 Sephora shops in 18 European countries, including France, Russia, Spain and Italy, to tap…
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Hyosung Group Chairman Cho Hyun-joon.Hyosung Group is building up a shared growth regime based on the group’s management tenet: the competitiveness of its cooperative companies is a driving force behind its growth. Hyosung Group Chairman Cho Hyun-joon has stressed the significance of shared growth,…
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A poster to publicize a national briefing session on the three mega projects “for Korea’s Great Leap Forward” at the State Guest House of the Cheong Wa Dae on June 29. (Photo on the courtesy of the Office of the President)The Korean government wil…
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Min Hyung-bae, mayor of Jeonnam-Gwangju Special Metropolitan City, takes the oath of office at Main Assembly Hall of the City Council in Muan on July 1. (Photo: Jeonnam-Gwangju Special Metropolitan City)Min Hyung-bae, went down in history as the firs…
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Gyeongju Mayor Joo Nak-young explains the direction of city administration, including growth strategies to lead the future of Gyeongju and a vision for the next four years, in a meeting with reporters at Alcheon Hall in Gyeongju City Hall on July 15.…
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Seoul Mayor Oh Se-hoon delivers his inaugural address during the 40th Seoul Mayor’s inauguration ceremony at Seoul City Hall on July 1.On the first day of his fifth term in office, Seoul Mayor Oh Se-hoon again brought up ‘youth’ as the key keyword…
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