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Industry/Energy
Presidential candidate Moon Jae-in speaks about steps to reduce fine dust at a meeting at the Minju Party of Korea headquarters on April 13. The government is expected to accelerate efforts to secure sites to build new and renewable energy power plants.  The Ministry of Trade, Industry and En…
KEPCO President Cho Hwan-eik. (Photo: KEPCO)Korea Electric Power Corp. is stepping on the gas to develop new energy business models. Shown (left) is an EV charging station, and a wind power plant. (Photos: KEPCO) In accordance with the new government’s policy of weaning Korea off nuclear and coal-…
Acting President Park Hee-sung of the Korea East-West Power Co. (EWP), President Kim Nam-kyun of the Korea Forestry Promotion Institute (KOFPI), and President Denaldy of Indonesian state-run forest company Perum Perhutani participated in a ceremony to sign an MOU on wood biomass planting, processing…
A view of the Shin Kori Nuclear Power Units, now under construction, which have been temporarily halted by the new government. The fate of the nuclear power units is to be decided by the outcomes of a public debate process. (Photo:KHNP) The fate of the Shin Kori Nuclear Power Units 5 & 6, now u…
Hyundai Steel Co. holds a session to ramp up customer marketing activities to promote earthquake-proof steel products. Hyundai Steel Co. is reinforcing customer marketing activities to cope with growing demand for the earthquake-proof steel products. As public concern over the safety of structures …
LG Chem, which yielded the No. 1 position to Lotte Chemical last year, is forecast to regain the top spot almost one year later. Lotte Chemical, which has adopted an all-in policy on petrochemicals, had seen market conditions slump, while on the other hand, LG Chem eliminated slack through the div…
President Yeo Sang-deok of LG Display inspects the company’s project to develop the transparent flexible display more than 77 inches in size at the company’s plant.(Photo: LG Display) The Ministry of Trade, Industry and Energy (MOTIE) held a meeting of the Korea Industrial Technology Evaluation C…
GS Group Chairman Huh Chang-soo makes an inspection tour to the recently dedicated Dangjin LNG Combined Cycle Power Unit 4. GS Group has become the largest private utility in Korea with the recent dedication of the Dangjin LNG Combined Cycle Power Unit 4. GS Group’s ascent to the top position in t…
Kori Nuclear Power Unit, the nation’s first nuclear power facility, is to be decommissioned. (Photo:KHNP) president Park Ju-heon of the Korea Energy Economics Institute (KEEI) has called for Korea to retain a “proper portion” of nuclear power generation in its energy portfolio. As the leader of …
President Cho Hwan-eik of Korea Electric Power Corp. (KEPCO) met with Toshiba President Satoshi Tsunakawa on June 14 and discussed ways of promoting cooperation in the nuclear power business.  Their meeting drew keen attention from market watchers as KEPCO is seeking to join the NuGen consor…
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Economy/Finance
Chairman Yoon Jong-kyoo of KB Financial Group.(Photo: KFG) KB Financial Group continued to make a record profit joining rival financial groups to have the best first half in recent years thanks for boosts in interest income and non-banking earnings …
Chairman Kim Jung-tai of Hana Financial Group, 4th L, joins recently the officers and staff of KEB Hana Bank to make kimchi for the needy families in Seoul. President Ham Young-joo of KEB Hana Bank is seen 2nd R. (Photo: Hana Financial Group) Chairm…
Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Shinhan Financial Group said its third quarter profit came to  817.3 billion won, up 25.1 percent YoY, which is over the third quarter profit average in the securities industry pro…
Chairman Jung Ji-won of the Korea Exchange delivers his inaugural speech at a ceremony on Nov. 3 at the Korea Exchange in Busan. (Photo: Korea Exchange) Jung Ji-won, chief executive officer of Korea Securities Finance Corp., was inaugurated on …


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