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A view of Daesang’s starch sugar plant in Indonesia. (Photos: Daesang)Daesang has an ambitious plan to dramatically expand its overseas business turf. The food company aims to raise sales in the Indonesian business to 1 trillion won and become a top 10 food maker in that market in next 10 years. Da…
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Chairman Lee Young-kwan of Toray Advanced Materials Korea joins in a “children’s traffic safety relay challenge” drive, designed to put into practice traffic safety within children safety zones on March 4. (Photo: Toray Advanced Materials Korea)Toray Advanced Materials Korea supplies essential ma…
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Hanjin Group Chairman Cho Won-tae. (Photos: Korean Air)Hanjin Group Chairman Cho Won-tae is calling for Korean Air to abandon the conventional mold, seizing a crisis caused by the COVID-19 pandemic as an opportunity of innovation. Chairman Cho made the remarks while delivering his commemorative spee…
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LS Cable & System struck a contract to supply super high-voltage undersea cables on a preferential basis with Ørsted, a Danish off-shore wind power developer, last Dec. 24. LS C&S officials talk with Ørsted officials via telemeeting. (Photos: LS C&S)LS Group is redoubling efforts to ex…
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POSCO’s demonstration lithium plant in Argentina. (Photo: POSCO)POSCO secured the mining rights in the Salar del Hombre Muerto salt lake in northern Argentina at a cost of 310 billion won in 2018. The move was part of efforts to secure lithium, one of the cathode materials used in secondary battery…
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Hyundai Motor Group Chairman Chung Ui-sun, POSCO Group Chairman Choi Jeong-woo, Senior Executive Vice President Kim Sae-yoon of Hyundai Motor and POSCO Senior Executive Vice President Yoo Byung-ok attend a ceremony to sign an MOU to cooperate in the hydrogen business at POSCO’s guest house in Pohan…
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<LS전선 구미사업장 전기차용 고전압 권선 첫 출하 기념>LS전선(대표 명노현)은 현대자동차와 기아의전기차, 아이오닉5와 EV6에 구동모터용 권선(Enamel wire)을 단독 공급한다고 3월 22일 밝혔다. LS전선은 국내 최초로 800V 전압에서 사용할 수 있는 권선을 양산, 관련 매출이 향후 6년간 2,000억원 이상이 …
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<인천공항 KAL 프레스티지 클래스 라운지 전경>대한항공이 오는 3월 15일부터 인천국제공항을 포함한 국내외 공항 라운지에 새로운 운영 관리 시스템을 도입한다. 대한항공은 원스톱 플랫폼으로 승객 대기 시간을 줄이고, 나아가 이용 수요를 미리 예측하여 라운지 혼잡도를 조절하는 등 빅데이터 활용을 통해 맞춤형…
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<LS일렉트릭이 자사 부산사업장이 위치한 부산시 강서구에 코로나19 극복 이웃돕기 성금 1억원을 전달했다. 사진은 4일 부산시 강서구청에서 열린 전달식에서 노기태 부산시 강서구청장(왼쪽)와 신대희 LS일렉트릭 부산공장장(오른쪽)이 기념촬영하고 있는 모습.>신종코로나바이러스 감염증(코로나19) 확산이 …
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POSCO Chairman Choi Jeong-woo.POSCO Group has solidified the groundwork for the growth of the secondary battery raw material business via the largest-ever rights offering for POSCO Chemical.POSCO, the biggest shareholder of the offering, announced a vision of nurturing the secondary battery raw mate…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group surpassed annual net profit of 5 trillion won in 2024, as its non-banking affiliates led the way in improving performance amid KB Kookmin Bank’s stagnant bu…
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Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a net profit of 4,571.5 billion won in 2024, an increase of 3.4 percent from the previous year. Shinhan Bank, in particular, is expec…
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Joo Hyung-hwan, vice chairman of the National Committee for Low Birthrate and Aging Society poses for a photo with KB Kookmin Bank officials in a work-life balance meeting on Feb. 25. (Photo: KB Kookmin Bank)KB Kookmin Bank is practicing win-win fina…
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IBK signs a business agreement with Germany's Commerzbank AG to support small and medium-sized enterprises. Kim Sung-tae, president of IBK poses for a photo with Michael Kotzbauer, vice chairman of Commerzbank AG. (Photo: IBK)IBK announced on March 7…
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