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Hyundai Motor Group Chairman Chung Eui-sun. (Photo: Hyundai Motor Group)Despite the shock caused by the COVID-19 pandemic, Hyundai Motor’s annual sales surpassed 100 trillion won last year for the second straight year. Even though Hyundai Motor recorded negative growth, the automaker saw the portio…
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LG Chem Vice Chairman Shin Hak-cheol. (Photos: LG Chem)LG Chem chalked up more than 30 trillion won in 2020, the largest-ever yearly sales since its founding. The company also saw its operating profit surpass the 2 trillion won threshold, a nearly two-fold jump on a year-on-year basis. The battery b…
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Lotte Chemical President & CEO Kim Kyo-hyun, concurrently head of Lotte Group’s Chemical Business Unit, and Kim Yeon-sup, chief of Lotte Chemical’s ESG Management Division, pose together with others after declaring the ‘Green Promise 2030’ initiative on Feb. 2. (Photo: Lotte Chemical)Chemica…
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Chairman Lee Jay-hyun of CJ Group. CJ Cheiljedang is predicted to post more than 4 trillion won in overseas sales of processed food products last year, its best year ever in terms of sales. Even though its business performance for 2020 Q4 was not disclosed, given that the company logged more than 1 …
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Hyundai Heavy Industries Group’s Chairman Kwon Oh-gap.Hyundai Heavy Industries (HHI)’s winning orders to build five LNG carriers is imminent, business sources said. HHI was discussing a contract to build five LNG carriers for an LNG project dubbed “Project Rose,” being implemented by Nigeria, th…
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Doosan Group Chairman Park Jeong-won.Doosan Group is accelerating efforts to build three growth engine businesses to tap opportunities in the hydrogen, drone and robot sectors.Doosan Fuel Cell, Doosan Mobility Innovation and Doosan Robotics, the subsidiaries of Doosan Group, are implementing hydroge…
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A view of Amorepacific’s brand “Soluderm” skin care products, which can be both eaten and applied.Amorepacific has released the brand “Soluderm” for skin care products, which can be both eaten and applied.The Soluderm consists of two versions - “VITA Collagen Ample Program” that can be applie…
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A view of LS Cable & System’s cable plant in Egypt. (Photos: LS C&S)LS Cable & System (LS C&S) has dedicated a cable production plant in Egypt, its first one in Africa. LS C&S established LS Man Cable (LSMC), a joint venture with Egypt’s cable maker MAN, in Ramadan City near Ca…
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Chairman Kim Ki-moon of Korea Federation of SMEs (KBIZ) gives his opening speech at a New Year’s meeting of SME businessmen at the KBIZ headquarters in Yeouido, Seoul, on Jan. 19.Korea Federation of SMEs (KBIZ) held a committee meeting on arbitration of SME payments of goods and services from large…
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<대상 인도네시아 전분당 공장 전경>대상이 향후 10년 내 인도네시아 사업 매출액을 1조 원 더 늘리겠다고 밝혔다.대상의 인도네시아 사업 매출액은 2020년 3,697억 원을 기록해 전년 3,464억 원 대비 7% 성장했다. 대상은 2030년 매출액 1조 4,000억 원 달성을 통해 ‘인도네시아 TOP 10 종합 식품기업’과 ’동남아…
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President Lee Jae-myung announces a joint fact sheet on the conclusion of the “Korea-U.S. trade and security negotiations, one of the biggest variables for the Korean national economy and security, at the Presidential Office in Yongsan, Seoul, on No…
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President Lee Jae-myung (right) presents the Order of Mugunghwa, Korea’s highest honor, and a replica of the Cheonmachong gold crown to U.S. President Donald Trump, who made a state visit on the occasion of the APEC 2025 Korea, at the Gyeongju Natio…
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President Lee Jae-myung shakes hands with U.S. President Donald Trump following their summit talks with the White House in Washington DC on Aug. 25. (Photo on the courtesy of the Presidential Office)President Lee Jae-myung returned home from his visi…
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U.S. President Donald Trump poses with a Korean trade negotiation delegation, including Deputy Prime Minister-Minister of Economy and Finance Koo Yoon-cheol, Minister of Trade, Industry and Energy Kim Jung-kwan and Minster for Trade Yeo Han-koo at th…
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