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Hyundai Motor posted the largest H1 operating profit in its history this year at 25.023 billion won, up 11.4 percent, second only to a 12 percent jump for BMW in the world auto industry, with 85 percent of its car sales coming from overseas, the auto maker said recently.The significance of the feat …
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K Business Group has been updating its shared growth model focusing on “teaching how to catch fish” instead of “giving fish.” The nation’s third largest conglomerate has decided to expand its shared growth management to three categories °™ education, technology, and funding °™ in order to h…
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Chairman Park Sam-koo of Kumho-Asiana Group said, “We have just completed our reorganization and it’s about time to work for the creation of our group for the second time in the second half.”The chairman at the welcoming ceremony for newly-hired employees on July 2 at the group’s headquart…
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Korea Trade Insurance Corp. celebrated its 20th anniversary on July 6 at its head office in Seorin-dong, downtown Seoul, with a slew of dignitaries attending led by Minister Hong Suk-woo of the Ministry of Knowledge Economy and hundreds of officers and staff of the company including Chairman and Pre…
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Samsung Group’s new Corporate Strategy Office Chief Choi Gee-sung is seeking to spread Samsung Electronics’ “success DNA” - globalization mindset - to the group’s subsidiaries, business sources said.Samsung Electronics CEO and Vice Chairman has been promoted to head the group’s Corporate Strat…
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The Ministry of Strategy and Finance (MOSF) and the American Chamber of Commerce Korea jointly held the KOR-US FTA Utilization Seminar at the Lotte Hotel in downtown Seoul on May 3. The event was attended by over 400 key leaders from both sides including Vice Minister Kim Dong-yon of the MOSF and Ch…
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President Lee Myung-bak delivers a congratulatory speech at a ceremony for KOTRA's 50th anniversary on June 5 at the Korea Journalism Foundation building in Seoul.Korea Trade-Investment Promotion Agency (KOTRA), a major player in the promotion of Korea’s exports, celebrated its 50th anniversary on …
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High 1 Resort, aiming at being Asia’s top four-season, family resort destination, will host the 48th FIS Congress 2012, the first Asian venue for the international meeting.Roughly 1,000 delegates from all 110 FIS (Federation de International Ski) member countries will make their way to the Kangwonl…
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President Shin Woo-sung of Korea BASF Co., a wholly-owned subsidiary of BASF Co. of Germany, a global chemical concern, said Korea is such a small country that a substantial portion of products made in the country have to be exported and despite such a vital handicap, Korea’s technologies are in ma…
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Samyang Business Group is striving to reshape itself into a global R&D innovation corporation, particularly in pharmaceuticals and bio sectors. The business group plans to establish an R&D center in the new satellite city of Pangyo, Seongnam, Gyeonggi Province, by 2014 with an investmen…
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Chairman Park Gee-won of Doosan Enerbility. (Photos: Doosan Enerbility)Doosan Enerbility is accelerating efforts to expand its SMR production capacity to meet a surge in demand for SMRs abroad.Doosan Enerbility plans to launch a project to build a pl…
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President Kim Tae-kyun of KEPCO E&C. (Photos: KEPCO E&C)KEPCO E&C struck a contract for the design of power supply equipment for the Yongin Datacenter and auxiliary equipment with KAAM Square Yongin datacenter PFV Co. on March 27, the com…
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The official homepage of “Wise Electric Life” (Photo: KPX)The Korea Power Exchange (KPX) announced that it has officially launched “Wise Electric Life,” an energy-saving platform that comprehensively compiles previously scattered energy service i…
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KEPCO President Kim Dong-cheol poses for a photo with PVN Chmn. Le Manh Hung after striking an MOU to cooperate in supply chains for the construction of the Ninh Thuan-2 nuclear power plant project with President Lee Jae-myung and General Secretary T…
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