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A whole view of the headquarters of the Korea Federation of SMEs (KBIZ), celebrating the 60th anniversary. The Korea Federation of SMEs (KBIZ), celebrating its 60th anniversary, held a variety of events in 17 provinces and cities across the nation on the occasion of the 34th SME Week, which too…
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Spectators watch photos they took with Galaxy S22 via the NEO QLED 8K to demonstrate “Team Samsung Life,” a realization of differentiation daily life based on the connectivity of gadgets at the World IT Show 2022. (Photo: Samsung Electronics)Samsung Electronics showcased “Team Samsung Life,” a r…
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Chairman Chung Eui-sun of Hyundai Motor Group. (Photos: Hyundai Motor Group)Hyundai Motor saw Q1 sales and operating profit rise despite uncertainties such as vehicular chip shortages and parts supply-demand imbalances, launched by China. At a conference call at Hyundai Motor headquarters in Se…
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A bird’s eye-view of “VL Osiria,” a first silver town under the brand VL, to be built in Gijang, Busan. (Photo: Lotte Hotel)Lotte Group, setting the silver industry as its future growth engine, is stepping on the gas to explore the silver market. Lotte Hotel will be the industry’s first com…
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CJ Cheiljedang achieved its best-ever quarterly business performance on the back of the growth of its global business. CJ Cheiljedang posted 4,318.6 billion won in sales, excluding those of CJ Logistics, in the first quarter of this year, the company said on May 9. The figure represents a …
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Dongwon Group will be restructured, with Dongwon Industries emerging as the new holding company of the group. Dongwon Group submitted to the Korea Exchange on May 7 an application to have the listed Dongwon Industries absorb the unlisted Dongwon Enterprise, the current holding company of the group.&…
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An image of cacao chocolate products, released by Lotte Confectionery. (Photos: Lotte Confectionery)Global renowned scholars revealed diverse and affluent effects of Cacao. Cacao’s polyphenols has become the subject of concern among consumers from a long time ago. A recent report, citing the U…
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Crew members wash Boeing 747-8i aircraft at Korean Air’s hangar as the airliner is preparing for a rise in passengers who make overseas trips. Korean Air achieved its best-ever operating profit in the first quarter of this year by meeting rising flight transportation demand amid supply chain i…
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CEO Yang Dong-gi of Hyosung Heavy Industries. (Photo: Hyosung Heavy Industries)GalaxiaMoneytree, an IT subsidiary of Hyosung Group, inaugurated “GalaxiaNext.” The newly inaugurated corporate entity is planning its detailed business direction, but it is predicted to implement a new business re…
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At a meeting of reporters on the occasion of the 10th anniversary of the launch of Luxteel, Dongkuk Steel Vice Chairman Jang Sae-wook announces the new strategy, dubbed “DK Color Vision 2030.” (Photo: Dongkuk Steel)Dongkuk Steel’s decision to focus on premium brand strategies, rather than competi…
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Chairman Jin Ok-dong delivers greetings at the 24th Annual General Meeting of Shareholders at Shinhan Financial Group’s headquarters in Seoul, on March 26. (Photos: Shinhan Financial Group)Shinhan Financial Group Chairman Jin Ok-dong said on March 2…
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Chairman & CEO Shin Chang-jae of Kyobo Life Insurance. (Photo: Kyobo Life Insurance)Kyobo Life announced on March 21 that it has been designated as a trustee of the Financial Services Commission (FSC)’s Innovative Financial Services Project, "Ai…
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Lee Chan-woo, chairman of NongHyup Financial Group. (Photos: NongHyup Financial Group)“Unless we innovate now, there is no bright future for NongHyup Financial Group,” said Lee Chan-woo, chairman, in a meeting with NongHyup subsidiary employees on …
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On March 27, Hana Chairman Ham Young-joo visits a small restaurant to donate a high-efficiency air conditioner as part of his first act after starting his second term. (Photos: Hana Financial Group)Hana Financial Group announced in late March that it…
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