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Toray Advanced Materials Korea Chairman Lee Young-kwan shakes hands with Jeollabuk-do Gov. Kim Wan-joo after announcing a plan for Japan’s Toray Industries and its Korean unit to invest 300 billion won to build a plant capable of producing polyphenylenesulfide (PPS) resin and compound dev…
LG U+ has made a feat of achieving a net increase for the eighth straight month over its rival telecom service providers in the mobile phone number portability and carrier switching market.  KT, competing with LG U+  over the number two position in the G4 LTE (long-term evolution) servi…
Dignitaries attend a ceremony to launch Incheon International Airport’s second passenger terminal project on Sept. 26President Jung Chang-soo of Incheon International Airport Corp. (IIAC) speaks at the event.  Incheon International Airport’s second passenger terminal project to cope with ris…
President Park Jae-euk of Chunil Cargo Transportation Co., concurrently chairman of the K orea Integrated Logistics Association (photos: Chunil Cargo Transportation) The following is an excerpt of an interview with President Park Jae-euk of Chunil Cargo Transportation Co., who is also cha…
New Chairman Kim Yong-keun of the Korea Automobile Manufacturers Association.(photo courtesy of KAMA) The Korea Automobile Manufacturers Association (KAMA) board of directors elected Kim Yong-keun, former president of the Korea Institute for the Advancement of Technology (KIAT), as its new c…
   The government plans to expand support to accelerate the development of free economic zones (FEZs), but to dramatically phase out FEZ areas whose development is sagging. MOTIE Minister Yoon Sang-jick presided over the 59th Session of the FEZ Committee on July 3 and approved the first F…
Chairman Chung Mong-koo gives his celebratory speech at a ceremony for the dedication of the third blast furnace at the Hyundai Steel Complex in Dangjin, South Chungcheong Province on Sept. 13.(photos:  Hyundai Stee)   Sept. 13, 2013 is a memorable day for Hyundai Steel’s D…
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 …
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…
  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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Economy/Finance
Mirae Asset Securities Vice Chmn. Kim Mi-seob and Heo Sun-ho. (Photo: Mirae Asset Group)Mirae Asset Securities announced on Aug. 12 that it racked up a consolidated net profit of 1,905.2 billion won in the second quarter of this year, becoming the fi…
Chairman Ham Young-joo of Hana Financial Group. (Photos: Hana Financial Group)Hana Financial Group announced on Aug. 25 that it has opened the Gwangju Seo-gu AI & Digital Job Center in Seo-gu, Jeonnam Gwangju Special City to support the enhanceme…
President & CEO Park Chang-hoon of Shinhan Card. (Photos: Shinhan Card)Shinhan Card has launched the Kakao Bank Chakbut Shinhan Card, a private label credit card (PLCC) featuring trendy, lifestyle-oriented benefits, in collaboration with Kakao Ba…
Chairman Lee Jae-keun of KB Financial Group. (Photos: KB Financial Group)KB Financial Group operated the Global Demo Day Program in Singapore for two days from Aug. 26 to 27 in collaboration with the KOSME’s K-Startup Center Singapore to support Kor…


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