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Industry/Energy
Korea Electric Power Corp. (KEPCO) is devoting itself to realizing the goal of becoming a global power utilities company. In the latest development, KEPCO signed a letter of intent on Nov. 18 to build a smart campus at Montgomery College in Maryland, Washington DC. Attending at the signing cere…
KOMIPO President Chung Chang-kil Korea Midland Power Co. (KOMIPO) has become the first Korean power company to log no shutdowns for 6,000 consecutive days for its thermal power plant. The Boryung Thermal Power Unit 3 set a world record for no shutdowns for 6,000 days of operation at 2:56 p.m. on Se…
  KHNP President Cho Seok (Photos: KHNP) Korea Hydro & Nuclear Power (KHNP) said on Oct. 5 that the company landed a $530 million (590 billion won) hydro power project in Pakistan.  The project calls for the construction of a 350MW hydro power plant 210 km northeast of the Pakis…
A view of the POSCO pavilion at the ‘4th Korea International Steel & Nonferrous Metal Industry Expo (SMK)' at KINTEX in Goyang Gyeonggi-do. (Photo: POSCO) POSCO has become the first Korean steelmaker to produce 0.8 mm-thick hot-rolled coil. POSCO said on Oct. 10 the company had succeeded in t…
Samsung Electronics Vice Chairman Lee Jay-yong Contracts for DRAM orders through the first quarter of next year are almost fully booked, officials from semiconductor makers Samsung Electronics and SK Hynix have said.  Semiconductor makers are apparently satisfied with the state of the global …
Hyundai Motor Group Chairman Chung Mong-koo puts his signature on the hood of the first car produced by the Korean automaker’s plant in Changzhou, China on Oct. 17 after attending a ceremony to dedicate the plant, its fourth one in China. (Photo: Hyundai Motor Group) Hyundai Motor Group Chairman C…
Chairman Koo Bon-moo (8th from the left) of LG Group is shoveling at the groundbreaking ceremony for LG Chem’s Poland EV Battery plant project at Wroclaw, Poland. Seen on the right of Chairman Koo is Deputy Prime Minister Mateusz Morawiecki of Poland. (Photo: LG Chem) LG Chem’s launch of an elect…
A view of the main gate of a chip plant of SK Hynix in Icheon, Gyeonggi Province.(Photos: SK Hynix) SK Hynix, which recorded sluggish performance in the first half of this year, is seeing its operating results rebound sharply in the latter half. SK Hynix is highly likely to record an "earnings surp…
A group of dignitaries led by Vice Chairman and CEO Huh Jin-soo of GS Caltex is shown here at a ceremony to kick off the construction of a biobutanol demo plant at the oil refinery’s Yeosu Oil Refinery Complex in Yeosu, South Jeolla Province on Sept. 29 this year.(Photo: GS Caltex) Korea’s second…
Doosan Heavy Industries Vice Chairman Chung Ji-taik (Photos: Doosan Heavy Industries)A map of Saudi Arabia showing where the Rabigh 2 thermal power plant is located near Jedda. (Photos: Doosan Heavy). Doosan Heavy Industries has won a combined cycle thermal power plant project worth 1 trillion won…
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Economy/Finance
Chairman Han Dong-woo of Shinhan Financial Group. Shinhan Financial Group's net profit surpassed 2 trillion won for the second year in a row, the company said recently. The group posted 2.37 trillion won ($1.91 billion) in net profit last year, up 1…
Chairman Kim Jung-tae of Hana Financial Group. Hana Financial Group posted 1.345 trillion won in net profit in 2016, up nearly 50 percent year-on-year, the group said on Jan. 24. It’s the largest net profit since Hana Bank merged with Korea Exchang…
Chairman Yoon Jong-kyoo of KB Financial Group. KB Financial Group’s saw its share price outstrip its rival Shinhan Financial Group in January for the first time in four years. KB Financial’s shares jumped 2.66 percent as of the close on Jan. 25 to…
Chairman Kim Yong-hwan of NH Financial Group shakes hands with a staff as he visits the NH  Investment and Securities Co. head office with President Kim Won-kyu of the securities affiliate of the group behind him.(Photo: NH Financial Group) NH …


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