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President Jun Dong-soo of Samsung SDS.(Photos:Samsung SDS)
Samsung SDS is accelerating its efforts to restructure its business portfolios to enhance corporate values as the system integration unit of Samsung Business Group, which plays a pivotal role in corporate governance of Samsung Business Grou…
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SK Telecom’s acquisition of CJ Hellovision, the nation’s No. 1 cable TV company, may be construed as part of the nation’s largest telecom service provider’s strategy to solidify the media business the company seeks to nurture as a next-generation growth engine. The acquisition will likely earn…
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President Kwon Young-soo of LG Chemical Co.
LG Chemical signed a deal with Tesla Motors Inc. to supply batteries to its Roadster, an electric car that Tesla Motors launched in 2010. The production of the Roadster ceased in 2012, but Tesla is in the middle of talks with the owners of the Roadster to…
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Chairman Park Gee-won of Doosan Heavy Industries and Construction Co.
Doosan Heavy Industries and Construction Co. is very likely to clinch 10 trillion won worth of projects this year as the company continues to capture 1,000 mega-watt thermal power plant projects, Doosan said recently.
It will be…
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Shinsegae DF, a new affiliate of Shinsegae Group, set up to manage a duty free shop, plans to invest some 53 billion won in tourism infrastructure and commercial facilities over the next five years to give a boost to tourism in the heart of Seoul.
Recently Shinsegae won a license to operate…
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President Baek Bok-in of Korea Tobacco and Ginseng Co.(KT&G) delivers his inaugural speech at a ceremony held at KT&G on Oct. 7.(Photo:KT&G)
Baek Bok-in, vice president of Korea Tobacco and Ginseng Corp., has been promoted to take over as president of the state-run monopoly after shareh…
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Chairman Kwon Oh-joon of POSCO.
POSCO plans to boost its R&D in steel technology by expanding investments in the sector to catch up with Japanese steel makers, and at the same time stay ahead of Chinese steel makers, who have been growing fast. POSCO’s top management felt that the steel maker …
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Samsung Group Chairman Lee Kun-hee.
Samsung Group said on Oct. 22 that its executives will donate 25 billion won to Youth Hope Fund Korea, a charity designed to create jobs for youth.
The group said 20 billion won will be donated in the name of Samsung Group Chairman Lee Kun-hee, who is still in h…
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Vice Chairman Chung Ui-sun of Hyundai Motor Group.(Photos:Hyundai Motor Group)
Hyundai Motor Group has decided to spin off its Genesis passenger car unit as an independent car maker to compete in the global brand-name car market currently dominated by Lexus, Audi, BMW and Mercedes.
Vice Chai…
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SK Group Chairman Chey Tae-won.
"Drastic innovation and Strong Corporate Culture” are the management buzzwords for the year 2016. SK Business Group promised to overcome the current crisis through endless innovation and strong corporate culture at an annual CEOs’ seminar on Jeju Island on Oct. 30.…
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Secretary General To Lam of the Vietnamese Communist Party, escorted by BPA President Song Sang-geun, looks around the seventh wharf of Busan New Port, the nation’s first fully automated terminal, on Aug. 13. (Photo: BPA)Busan and Vietnam are streng…
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Jeollanam-do Gov. Kim Young-rok and other participants pose for a group photo while attending a policy session on Yeosu and Gwangyang ports, hub ports for Artic routes at the provincial government building on July 11. (Photo: Jeollanam-do)Yeosu Gwang…
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President Lee Jae-myung and First Lady Kim Hae-kyung attend a ceremony to receive a letter of “light appointment” from 80 national representatives, at the Gwanghwamun Plaza in Sejong the Great Boulevard in Seoul on Aug. 15, symbolizing popular sove…
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Incheon Mayor Yoo Jeong-bok announces Incheon’s AI innovation vision at the AI vision announcement and contract signing ceremony at Incheon Startup Park in Yeonsu-gu, Incheon, on Aug. 4. (Photo: Incheon City)The Incheon City government said the muni…
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