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Industry/Energy
Hanwha Group Chairman Kim Seung-youn inspects Hanwha Q Cells’ photovoltaic power cell plant in Jincheon, Chungcheongbuk-do, on July 5. Hanwha is ready to produce solar power modules that are 11 percent more effective than existing ones from next year. Solar batteries are expected to go through a d…
President Kim Yong-jin of Korea East-West Power Co. (EWP). (Photo: EWP) Korea East-West Power Co. (EWP) accounts for 9.8 percent of the nation’s total annual power production. The power company operates the Dangjin, Ulsan, Honam, Donghae, and Ilsan thermal power complexes, while aggressively imple…
KEPCO President Cho Hwan-eik. Korea Electric Power Corp. (KEPCO) hosted a rally to encourage joint efforts towards the power industry’s goal of becoming an exporting industry. The meeting took place at the COEX in Samseong-dong, Seoul, on July 8. Participating in the event were about 200 officials…
Korea Western Power Co. (KOWEPO) President Cho In-kook.KOWEPO President Cho In-koo and Shinsung Solar Energy Chairman Lee Wan-geun pose with their company officials after signing a deal on a joint 300MW photovoltaic power plant project in the Central Highlands province of DakLak in Vietnam at Park H…
Chairman Kwon Oh-joon of POSCO. World Steel Dynamics (WSD) named POSCO the world’s most competitive steel maker for the seventh year in a row, POSCO said recently. The steel maker said WSD announced the list of the 37 most competitive steel makers in the world, with POSCO topping the list, at the…
Samsung Electronics Vice Chairman Lee Jay-yong. (Photos: Samsung Electronics)Samsung Electronics made an earnings surprise for the second quarter, with operating profit surpassing 8 trillion won for the first time in two years. An electronic disclosure made by Samsung Electronics on July 7 show…
Chairman Chung Mong-koo of Hyundai Motor Group.Hyundai Motor’s latest Azera model on display.(Photos: HMG) Hyundai Motor and Kia Motors have seen their automobiles’ reputation for quality get a big boost with J.D. Power, a famous car quality evaluation organization. J.D. Power placed Kia Motors a…
Chairman Chung Mong-koo of Hyundai Motor Group ignites third blast furnace of Dangjin Steel Plant to put the new blast furnace of the steel plant online sometime in 2013. Hyundai Steel announced recently that its Dangjin Steel Plant has produced over 60 million tons of steel products since Jan. 5, …
Top officials of both GS Energy and Korea National Oil Corp. and Abu Dhabi National Oil Corp.(ADNOC) are  shown in this photo after signing a contract allowing the Korean oil firms  to drill oil in the three oil blocks in the United Arab Emirates from the ADNOC in March 5 at the UAE oil co…
President Koo Ja-eun of LS Cable and System. (Photo: LS Cable)LS Cable and System Co. won the 2016 Korea Management Awards in the global management sector in recognition of the cable maker’s exclusive high-tech cable production technology that has led to a leading position in the global cable indus…
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Economy/Finance
Chairman Yoon Jong-kyoo of KB Financial Group.(Photo: KB Financial) KB Financial Group’s net profit for the first quarter of this year came in at an impressive 870.1 billion won, up 59.7 percent year-on-year.  The stellar performance was driv…
Chairman Kim Yong-hwan of NH Financial Group shakes hands recently with an official while on a tour of the IT Center of the group.(Photo: NH Financial) NongHyup Financial Group Chairman Kim Yong-hwan said he always puts principles above all in solvi…
Chairman Cho Yong-byoung of Shinhan Financial Group.(Photo: SFG) Shinhan Financial Group posted a net profit of 997.1 billion won in the first quarter, up 29.3 percent from 771.4 billion won in the same period last year. The result is a whopping 62.…
President Wi Sung-ho of Shinhan Card explains the advantages of the credit card firm’s FAN Pay Bots, an Artificial Intelligence(AI) consumption management service on March 15 President Wi has now been transferred to run Shinhan Bank as President and…


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