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President Lee Myung-bak and prize winners pose together for a group photo at a ceremony to mark the 49th anniversary of Trade Day at COEX in Seoul on Dec. 5.A ceremony to mark the 49th anniversary of Trade Day took place at COEX in Seoul on Dec. 5 with a festive mood in the air despite the glob…
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The Korean Standards Association (KSA) has signed a deal with the American Society for Training & Development (ASTD) to exclusively publish the Korean version of ASTD’s monthly, T+D Magazine, which will make its debut next January.T+D Magazine is a monthly of human resources development with a …
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"I declare the Doosan Way to lead the Doosan Business Group, now at 116 years, for another 100 years,” Doosan Chairman Park Yong-man said. The message was contained in a recently released booklet on the business group’s management tenets he had been conceiving for eight years. The palm-…
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Chairman Koo Ja-yol (Christopher) of LS Cable and System Co. took over as chairman of LS Group from his cousin Ja-hong (John), who has been the chairman of the splinter group from LG Group since 2003, based on a decision of the owner families of the three Koo brothers, the group announced on Nov. 11…
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Honorary chairman of E1 Corp. and a founding member of the LG Group, Koo Pyong-hwoi passed away on Oct. 20 from chronic diseases at Asan Medical Center in Seoul. The fourth younger brother of the late LG Group patriarch In-hwoi was 86 years old.President Lee Myung-bak paid his respects on Oct. 23 to…
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Hyundai Motor dedicated its plant in Brazil on Nov. 9 in a ceremony held in Piracicaba, the Sao Paolo State, Brazil, at the new car plant capable of turning out 150,000 sedans annually, the carmaker said recently.Chairman Chung Mong-koo in his dedication speech at the ceremony, said he hoped that th…
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Samsung Electronics is shifting to a new brand paradigm geared toward becoming a global top five company by 2020. The Korean electronics giant has so far followed fragmentary strategies to enhance the company and each product’s brand. From now on, Samsung Electronics has decided to set its bra…
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Chairman Lee Kun-hee of Samsung Group emphasized that the group should take on the development of electric batteries, solar batteries, LED, bio-pharmacy, and medical equipment as key growth engines for the group at a cost of 23 trillion won by 2020 at a lunch on Nov. 8 with the heads of the group’s…
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POSCO may launch emergency operations from next month to cope with the slowdown in the world economy, the excess output of steel products, and no sign of recovery yet in sight. Chairman Chung Joon-yang in what will be called the Innovative Festival, or IF, will officially declare the event on Dec. 5…
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Daesang Corp., under its vision to work for the creation of future wellbeing, has been going all out to boost its annual sales to 5 trillion won and operating profit to 500 billion won by 2016, the 60th anniversary of its founding in 1956.The food company has been pursuing the globalization and segr…
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Chairman Joo Young-jin, former chief of the National Assembly Budget Office, recently elected as chairman of the Korea Parliamentary Research Institute. (Photos : Korea Parliamentary Research Institute)Joo Young-jin is a recognized legislative b…
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Koo Ja-hong, the late first chairman of LG Group, died of 77 on Feb. 11.LS Nikko-Copper Chairman Koo Ja-hong, who shepherded the growth of LS Group, succumbed to a chronic disease he had been suffering from. He was 75. Chairman Koo, born in Jiny…
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By Park Jong-sun, a former professor with Jeonju University and ex-Korean consulate general in Qingtao, China.The global economy posted a high growth rate of 5.5 percent, as each country around the world employed expansionary fiscal and currency poli…
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Honorary Chairman Kim Jae-chul of Dongwon Group discusses on AI with KAIST President Lee Kwang-young at a talk show at KAIST’s main campus in Daejeon on April 2.Honorary Chairman Kim Jae-chul of Dongwon Group was once an old hand who had contributed…
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