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Industry/Energy
Korea District Heating Corp. (KDHC) is firing on all cylinders to implement low-carbon, green growth projects during the second half of this year, KDHC officials said.KDHC is striving to pursue sustainable low-carbon, green growth by spreading district heating and cooling services, and developing ne…
The Korea Electrical Safety Corp. (KESCO) held a prize ceremony to present the 2012 Korea Electricity Safety Award at the Convention Diamant in Samseong-dong, Seoul, on Sept. 7.Among those on hand at the 2012 Electricity Safety Day anniversary ceremony were Lee Kwan-sup, assistant minister of energy…
Authorities in the United Arab Emirates have given the green light to the construction of the Barakah Nuclear Power Units 1&2 being built with Korea’ s homegrown technology for the first time overseas.The Federal Authority for Nuclear Regulation (FANR) issued a license to construct two Korean-d…
Korea Post has become a savior among investors in securities as it continues to invest in securities firms whenever stock prices fall. On July 24, the postal authority had its insurance business unit invest 50 billion won each in the equity-linked securities (ELS) products of Woori Investment and Se…
STX Offshore and Shipbuilding continues to add to its series of successful orders for merchant ships and value-added vessels.The shipyard has received orders for two 50,000-DWT tankers from a Greek shipping company. It was followed by orders for two 6,500-CBM LPG carriers in Athens a week later. The…
Chairman Han Duck-soo of the Korea International Trade Association said the association will invest heavily in the surge in online trading in an effort to expand foreign trade for Korea.Chairman Han made the remark at KITA’s 66th anniversary on July 30 in a ceremony held at the InterContinental Hot…
Samsung Electro-Mechanics (SEM) President & CEO Choi Chi-joon has grabbed the Chung Jin-ki Media & Culture Award 2012 Grand Prize for his leading role in the development of the multi-layer ceramic capacitor (MLCC). Choi has been credited with transforming the MLCC business into one of S…
Samsung Electro-Mechanics (SEM) President & CEO Choi Chi-joon has grabbed the Chung Jin-ki Media & Culture Award 2012 Grand Prize for his leading role in the development of the multi-layer ceramic capacitor (MLCC). Choi has been credited with transforming the MLCC business into one of S…
Samsung Electronics announced on Aug. 7 the release of the Galaxy Note 10.1 in Germany, the United Arab Emirates, and other European and Middle Eastern countries. This is the latest version of the Galaxy Note, a new concept combining smartphone and tablet, which has created a sensation with its supe…
A  company named S concluded a three-year export contract for its solar modules worth some 1 trillion won and applied for a loan to buy materials and expand its plant facilities. But banks turned down the loan applications with the excuse that the solar energy industry is in a slump. Anoth…
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Economy/Finance
Chairman Kim Jung-tai of Hana Financial Group(HFG) shakes hands with Chairman Lee Myung-ho of Korea Sports Association for the Disabled at a ceremony on March 5 to provide support to the athletes participating in the Pyeonchang Paralimpics  in P…
President Kim Do-jin holds a copy of the agreement signed between the Industrial Bank of Korea(IBK) and Suwon City on cooperation to create jobs on Jan. 29.IBK President Kim Do-jin, left, holds a copy of the agreement signed with the Korea Technology…
President Chung Young-chae of NH Investment and  Securities Co.  (Photos: NH I&S) NH Securities selected President Chung Young-chae as CEO with the goal of uniting the company and refocusing the corporate culture on performance results…
Chairman Park Hyeon-joo of Mirae Asset Group.(Photo: Mirae Asset) Chairman Park Hyeon-joo’s Mirae Asset Financial Group is edging closer to being a global financial leader by taking over an ETF management firm in New York, which is the key ETF mark…


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