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Industry/Energy
A scene from a Hyundai Mobis plant in Georgia, the United States.(Photo: Hyundai Mobis) Hyundai Mobis is proud of the fact that its overseas orders jumped five times in the past 12 months, with orders picked up in North America and China coming to $4.8 billion as of Aug. 30. The moves are all the m…
President Moon Jong-bak of Hyundai Oilbank.(Photo: Hyundai Oilbank) In 2014, the oil industry hit rock bottom as oil prices crashed and the global economy was in doldrums, straining the demand for petroleum products across the board. With oil prices cheaper than water in some places, “the more oil…
A view of Korea Midland Power Co. (KOMIPO) in Boryeong, Chungcheongnam-do. Korea Midland Power Co. (KOMIPO) is accelerating efforts to cut fine dust emissions from its power plants. KOMIPO plans to pour 1.653 trillion won into lowering pollution emissions from power facilities in the Boryung Power…
Korea Southern Power Co. (KOSPO) is making massive investments into new and renewable energy projects with the goal of making a shift in the energy paradigm to promote public safety.  The power company is accelerating efforts to expand new and renewable energy industry infrastructure with th…
Korea Electric Power Corp. President Cho Hwan-eik visits the Big Data Center of LG U+ in Yongsan-gu, Seoul, on Sept. 14. (Photos: KEPCO) Korea Electric Power Corp. (KEPCO) President Cho Hwan-eik toured the Big Data Center of LG U+, a company specializing in the 4th Industrial Revolution, which is l…
A view of LG Chem’s plant in Daesang, Chungcheongnam-dop. (Photo: LG Chem) LG Chem has seen its corporate value surge 12.8 trillion won over ten months. LG Chem shares were traded for 390,000 won per share on the Korean bourse on Sept. 12, an 81 percent jump over 10 months ago. The company saw its…
A lab of GS Caltex’s plant in Yeosu.A view of GS Caltex’s plant in Yeosu. (Photos: GS Caltex) GS Caltex is in its 50th year of operation this year. At the company’s new year ceremony on Jan. 1 at GS Tower in Nonhyun-ro, Seoul, Chairman Huh Jin-soo said the oil company will never let up on its ch…
A view of Hanwha Chemical’s plant in Ulsan. (Photo: Hanwha Chemical) Hanwha Chemical has accumulated a record amount of cash on back of its improving business performance. As a result, the company has seen its credit rating continue rise as it repays debts. Korea Ratings on Sept. 11 revised the o…
President Cho Hwan-eik of Korea Electric Power Corp. (KEPCO) (Phoertos: KEPCO) Korea Electric Power Corp. (KEPCO) is considering acquiring a biomass power plant now under construction in Georgia, the United States. A biomass power plant uses waste timber (wood pellets) to produce steam for power ge…
President Yoon Jong-geun of Korea Southern Power Co. (KOSPO)  other executives and staff members vow to achieve the”New/Renewal 3030 Target” a workshop at the Ibis Ambassador Hotel in Busan on July 31. (Photo: KOSPO) Korea Southern Power Co. (KOSPO) held a workshop designed to overhaul a sys…
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Policy/Politics
Rep. Kim Han-jung Special Committee on Political Reform of the National Assembly.  Political reform will have to be made in such a way that it can be representative of the people’s will, said Rep. Kim Han-jung, who serves as a member of the Sp…
A group of key participants raise arms led by Busan Mayor Suh Byung-soo at the 4th International Conference held on  Nov. 28 at the Federation of Korean Industries building in Seoul hosted by Busan Metropolitan City in a bid to bring World Expo …
The participants in the 5th International Forum on Housing and Urban Finance including Minister Kim Hyun-mee of the Ministry of Land, Infrastructure and Transport, pose for a photo during the international event held on Dec. 14 at Conrad Hilton Hotel…
President Moon Jae-in shakes hands with Chinese President Xi Jinping at the Great Hall of the People in Beijing on Dec. 14. (Photo: courtesy on the website of Cheong Wa Dae) President Moon Jae-in returned home on Dec. 16 after wrapping up a three-da…


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