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Chairman Huh Soo-young of the Korean Petrochemical Industry Association (KPIA) speaks at a New Year’s gathering of those in the Korean petrochemical industry at the Lotte Hotel in downtown Seoul on Jan. 17.Dignitaries on hand at a New Year’s gathering of those in the Korean petrochemical industry …
Chairman Kim Ho-sung of the Korea Energy Information Culture Agency (KEICA). The Korea Nuclear Energy Agency (KNEA) has changed its name to the Korea Energy Information Culture Agency (KEICA) and also updated its mission. The board of directors approved a name change to the KEICA and functions on N…
Minister of Trade, Industry and Energy Paik Un-gyu holds a certificate of an MOU for closer ties between the two countries in the nuclear energy sector with British Secretary of State for Business, Energy and Industrial Strategy (BEIS) Greg Clark after signing the agreement in London on Nov. 27. The…
GS Caltex is considering a plan to expand its NCC/PE (Polyethylene) production facilities by building a new production center for the petrochemical product. The oil refiner wants to boost its profit by producing more PE as its traditional oil business of refining and selling light oil has not bee…
President Moon Jong-bak on an inspection of the safety of Daesan Oil Refinery Complex.(Photo: Hyundai Oilbank) Hyundai Oilbank, one of the top refiners in Korea, said that the company would conduct maintenance activities at its Hyundai Oilbank Daesan Plant starting Aug. 22.  The company also …
Participants at the 2017 Bigaram International Exposition of Electric Technology (BIXPO 2017), join hands at the Kim Dae-joong Convention Center and Holiday Inn in Gwangju. (Photo: KEPCO) The 2017 Bigaram International Exposition of Electric Technology (BIXPO 2017), which ended at the Kim Dae-joong…
KHNP headquarters in Gyeongju City, Gyeongsangbuk-do. (Photos: KHNP)President Lee Kwan-sup of Korea Hydro & Nuclear Power Co. (KHNP). Korea Hydro & Nuclear Power (KHNP) made it onto the list of the “2017 Excellent Quality Competitiveness Enterprises” in the public entity category for the …
Korea Southern Power Co. is honored with the grand prize in the public entity in the Korean National Awards ceremony and three other awards. Korea Southern Power Co. (KOSPO) clinched the grand prize in the public entity category in the Korean National Quality Awards ceremony. KOSPO is one of the f…
Kwak Byung-sul, head of KOMIPO’s technology division, receives the 2017 Excellent Quality Competitiveness Enterprises Award for the 11th consecutive year. KOMIPO has become the first power company to be inducted into the Hall of Fame.(Photo: KOMIPO) Korea Midland Power Co. (KOMIPO) was honored wit…
Officials with Korea Western Power celebrate for their winning of six gold and one silver prizes at the International Convention for Quality Circles 2017 held in the Philippines on Oct. 26. Korea Western Power Co. (KOWEPO) is one of the five power companies that were spun off in accordance with the…
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Economy/Finance
Chairman Yun Jong-kyu of KB Financial Group KB Financial Group logged the best results in its history last year to take over the top position among rival financial groups in the country with its net profit coming to around 3 trillion won, the first …
Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG) Shinhan Financial Group netted 2.917 trillion won in net profit last year, the second biggest since 2011 when the financial group logged 3.100 trillion won in net profit, the group sa…
Chairman Choi Jong-ku of Financial Services Commission(FSC)(Photo: FSC) Starting Jan. 30, Korea will only allow authenticated bank accounts to be involved in virtual currency trading  Those with virtual currency accounts created by banks after…
New Chmn. Kwon Yong-won of Korea Financial Investment Association(KOFIA). Chairman Kwon Yong-won said he will be a leader in financial sector deregulation while running the Korea Financial Investment Association (Kofia) over the next three years. H…


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