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Kumho Tire Central Research Institute boasts of the industry’s top-rated super computer, state-of-the-art physical testing equipment, chemical testing and instrumental analysis facilities, and characteristic research testing systems. Kumho Tire has become the first Korean tire …
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Hyundai Wia President Chung Myung-chul (photo: Hyundai Wia)Hyundai Wia is turning to the localization of turbochargers. The subsidiary of Hyundai Motor-Kia Motors Group has thrown down the gauntlet against global turbocharger makers, including Honeywell and BorgWarner, both of the United States…
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Chairman Park Yong-maan of Doosan Group delivers his inauguration speech at a ceremony on Aug. 21 at Seoul Chamber of Commerce and Industry as new chairman. The SCCI chairman automatically assumes chairmanship at the Korea Chamber of Commerce and Industry.(Photos:KCCI)&nb…
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Chairman Lee Jong-koo of the National Federation of Fisheries Cooperatives (Suhyup) speaks at the 3rd KNFC International Fishing Symposium.(Photos: Suhyup) The year 2013 is sure to be remembered as a significant year in the history of the Korean fisheries industry and fishing communi…
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President Park became the first Korean head of state to cut the tape to launch a submarine.(photos: Cheong Wa Dae)
The “214-class” Kim Jwa-jin, a 1,800-ton, SS-II submarine, was launched with a ceremony at the Okpo shipyard of Daewoo Shipbuilding & Marine Engineering Co. (DS…
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President Suk Tai-Soo of Hanjin-Kal Holdings, the newly created mother company for Hanjin Group.(Photo: Hanjin Group) Hanjin Group will be turned around and centered on Hanjin-KAL Holding Co., with six of its affiliates including Korean Air, Hanjin-KAL Holding, Korea Airport, Hanjin Ship…
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Chairman Koo Bon-moo of LG Group.(Photos: LG Group)LG Group has been considering a plan to focus its investments in four key areas including energy, auto parts, living eco, and healthcare as part of its future growth engines.
The areas include such key products as fuel cell batteries, batteries for…
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HHI CEO Lee Jae-seong and SEC Chairman Saleh bin Hussein Al Awaji sign a $3.3 billion deal on the Shuqaiq steam power plant project for state-run Saudi Electricity Company (SEC) in Riyadh on Aug. 4. (photos: HHI)Hyundai Heavy Industries (HHI) is the world’s biggest shipbuilder. But HHI ha…
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Officials of Daewoo International Corp., an affiliate of POSCO, and local Myanmar dignitaries led by Myanmar Vice President Nyan Tun, Chairman Chung Joon-yang of POSCO and Vice Chairman Lee Dong-hee of Daewoo International clap their hands at First Gas Ceremony of Shwe Project in Myan…
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Chairman Chung Mong-koo of Hyundai Motor Group.(photo: Hyundai Motor)
Hyundai Motor Co.’s Q2 sales of its cars will go down as the biggest quarterly sales in its history at 23.183 trillion won, which also boosted the first half sales record to 44.551 trillion won, thanks to hikes in overseas sales…
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President Kim Kyung-hwan of Korea Housing-Finance Corporation (HF). (Photos: HF)Korea Housing-Finance Corporation (HF) announced on June 12 that it held a business guarantee briefing jointly with the Korea Housing Association at the Construction Hall…
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President Jung Sang-hyuk of Shinhan Bank.Shinhan Bank held the 4th K-Global Leap Forward Win-Win Forum to support Korean companies’ entry into the U.S. Market, jointly with the Ministry of SMEs and Startups and the Korea Chamber of Commerce and Indu…
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President Lee Hwan-joo of KB Kookmin Bank. (Photos: KB Kookmin Bank)KB Kookmin Bank announced that it has introduced a Braille service to the main menus of its personal internet banking to improve financial accessibility for the visually impaired and…
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President Lee Ho-sung of Hana Bank. (Photos: Hana Bank)Hana Bank announced in late May that it will launch the “Long Live the Republic of Korea Installment Savings Account” for national merit recipients and military and public service members on Ju…
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