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Business/Company
Chairman Cho Suk-rae of Hyosung Group. Hyosung Group is urging its officers and staff to practice responsible management in order to maintain stability, particularly with an uncertain business outlook next year both at home and abroad. The group will continue to build its global production network¡¦
Vice Chairman Huh Jin-soo of GS Caltex. GS Caltex has been focusing on the development of Biobutanol as a new next generation -environment friendly fuel oil among its R&D activities at its Technology Institute in the Yeosu Oil Refinery Complex in Yeosu, South Jeolla Province, which was set up t¡¦
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¡¦
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¡¦
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¡¦
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¡¦
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¡¦
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¡¦
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 ¡¦
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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Policy/Politics
President Lee Jae-myung shakes hands with Chinese President Xi Jinping prior to their summit talks at the Gyeongju National Museum on Nov. 1. (Photos on the courtesy of the Presidential Office)APEC 2025 Korea, which took place over a four-day run in ¡¦
CEO Kang Yong-seok of Korea Marine Environment Management Corp. (KOEM) poses with attendees as they participated in the ¡°Ocean Climate Change Surveillance and Prediction Forum¡± at Kensington Hotel in Yeouido, Seoul, on Oct. 22.Korea Marine Environm¡¦
Geyongsangbuk-do Gov. Lee Cheol-woo. (Photos: Gyeongsangbuk-do)The Gyeongsangbuk-do provincial government has unveiled next year¡¯s 14,036.3 billion won budget plan, focusing on investments in five core areas by capitalizing on the successful hosting¡¦
President Jung Ki-suck of the National Health Insurance Service poses for a group photo with other attendees as they participated in the ¡°NHIS UHC Global Academy 2025¡± at the Oak Valley Resort in Wonju, Gangwon-do, which took place from Nov. 3 unti¡¦


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