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Hyundai Motor achieved a 21.9 percent year-on-year jump in operating profit during the fourth quarter of 2021 on the back of improving product mix and the favorable effects of foreign currencies.Hyundai Motor announced its business performance for the quarter in a business conference call at Hyundai…
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Chairman Shin Dong-bin of Lotte Group., Kim Kyo-hyun, head of Lotte Group’s Chemical Business Unit, and other CEOs of the group’s subsidiaries, attend the Value Creation Meeting (VCM) at the Lotte Manpower Development Institute in Osan, Gyeonggi-do, on Jan. 20. (Photos: Lotte Group)Lotte Group hel…
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Chairman Lee Jay-hyun of CJ Group. (Photos: CJ Cheiljedang)CJ Cheiljedang topped 15 trillion in sales last year for the first time on the back of the global K-food craze and new businesses. The food company renewed its best-ever business results for the 11th consecutive year. In an electronic f…
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Amorepacific Group Chairman Suh Kyung-bae. (Photos: Amorepacific Group)Amorepacific Group chalked up 5,326.1 billion won in sales and 356.2 billion won in operating profit last year on a consolidated basis. The figures represent an 8 percent rise in sales and a 136.4 percent jump in operating p…
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President Jeon Hae-sang of Toray Advanced Materials Korea (TAK) gives his New Year’s message at a ceremony to kick off the 2022 business year at TAK headquarters in Magok, Gangseo-gu, Seoul.Toray Advanced Materials Korea (TAK) held a ceremony to kick off the 2022 business year, heralding a fresh st…
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LG Uplus President Hwang Hyun-shik delivers his New Year’s video message to his executives and staffers on Jan. 3. LG Uplus is introducing “agile project management” in earnest in the new businesses. The move may be construed as a reflection of LG Uplus President Hwang Hyun-shik’s dete…
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Daesang Corp. CEO and director Lim Jung-bae. (Photos: Daesang Corp.)Daesang Corp. President Lim Jung-bae said, “Daesang will expand businesses with a focus on growth through innovative thinking and ESG management.”President Lim delivered his New Year’s message, titled “2022, a year of making a f…
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President Kim Yang-soo of Korea Ocean Business Corporation (KOBC) attends a ceremony to sign an MOU on the development of the maritime industry with President Kim Jong-duk of Korea Maritime Institute at KOBC headquarters on Jan. 26. (Photos: KOBC)Korea Ocean Business Corporation (KOBC) will pour mor…
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Senior Executive Vice President Kim Dong-myung, head of LG Energy Solution (LGES) Advanced Automotive Battery Division speaks about a plan to invest $2.6 billion into a third EV battery plant of Ultium Cells at Lansing, Michigan, on Jan. 25.LG Energy Solution (LGES) has joined forces with GM in buil…
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Chairman Cho Bong-hwan of Small Enterprise and Market Service (SEMAS) holds a New Year meeting with reporters at the K-BIZ Building in Yeouido, Seoul, on Jan. 26. (Photos: SEMAS)Chairman Cho Bong-hwan of Small Enterprise and Market Service (SEMAS). Small Enterprise and Market Service (SEMAS) wi…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group won the Presidential Prize, the highest honor, at the 25th Korea Digital Management Innovation Awards on Nov. 27. The honor recognized KB Financial Grou…
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Hwang Ki-yeon, the 23rd president of the Export-Import Bank of Korea, delivers his inaugural address at the auditorium of the bank's Yeouido headquarters in Seoul on Nov. 6. (Photos: Korea Eximbank)“The Export-Import Bank of Korea should evolve beyo…
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FSC Chairman Lee Eok-won poses for a photo with Mirae Asset Chairman Park Hyeon-joo, Celltrion Chairman Seo Jung-jin and Korea Development Bank Chairman Park Sang-jin among others during the National Growth Fund Launch Ceremony at Korea Development B…
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President Kang Tae-young of NongHyup Bank. (Photos: NongHyup Bank)NongHyup Bank announced on Dec. 3 that its self-developed “AI Supervisor” and “EW-AR” technologies have been registered with the Korean Intellectual Property Office (KIPO), marking…
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