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Kia Motors Co., an affiliate of Hyundai Motor Group, along with Hyundai Motor, won the $15 billion Export Tower award at the 49th Trade Day ceremony on Dec. 5 at COEX in southern Seoul this year.After the carmaker’s launch in 1944, it wasn’t until 1975 that it first exported its vehicles abroad °…
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SK Business Group has decided to introduce a new management system, dubbed the “Separate & Together 3.0 Regime,” to hand over the holding company’s responsibilities to each subsidiary’s board of directors and committee. SK Business Group held the 2nd CEOs’ Seminar at the Acadia Trainin…
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LG Group has carried out a massive personnel reshuffle, moving out the old guard such as LG Corp. Vice Chairman Kang You-shik, the number two man at LG Group, and LG Chem Vice Chairman Kim Ban-seok, as well as promoting 110 executives of the group. LG Corp. Vice Chairman Kang has been transferr…
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Samsung Electronics Chief Operating Officer Lee Jae-yong, the eldest son of Samsung Group Chairman Lee Kun-hee, has been promoted to vice chairman of the Korean electronics giant, solidifying his position over management.The business group carried out its annual massive reshuffle of presidents on De…
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The Korean export industry achieved the feat of surpassing $1 trillion in trade on Dec. 10, breaking the mark for the second consecutive year and joining the ranks of global top eight trade countries, knocking Italy down a notch. “External trade uncertainties, including future developments of …
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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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Acting President Nam Han-gyu of Kangwon Land. (Photos: Kangwon Land)Kangwon Land’s efforts to attract inbound tourists by making the most of the so-called K-culture have paid off. Kangwon Land said on April 1 that High1 Resort saw foreign visit…
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New Acting President Nam Han-gyu (left) of Kangwon Land poses with former acting president Choi Cheol-gyu as the former took office at Kangwon Land Hotel on March 4 on March 3.Nam Han-gyu, head of the Management Support Division at Kangwon …
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BTS performs a comeback concert to celebrate the release of “BTS Comeback Live: Arirang” at Gwanghwamun Square in Seoul on Mar. 21. (Photo: Big Hit Music and Netflix)BTS made a long-awaited comeback by holding a concert in Seoul, Korea on Mar. 22.&…
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Seoul Tourism Organization announced Seoul’s tourism trends for the year 2026 “V·I·T·A·L·I·T·Y.” (Photos: STO)Seoul Tourism Organization (STO) announced Seoul’s tourism trends for the year 2026 - “V·I·T·A·L·I·T·Y.” With a goal of …
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