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KEPCO President Kim Joong-kyum holds a contract to acquire a 14 percent stake in Strathmore Minerals Corp. with Strathmore CEO David Miller in Seoul on Feb. 1. Korea Electric Power Corp. (KEPCO) said on Jan. 31 it landed an $800 million project to build a 600MW diesel power plant in Jordan, the…
Korea Midland Power Co. (KOMIPO) President and CEO Nam In-sukKorea Midland Power Co. (KOMIPO) President and CEO Nam In-suk calls for expanding new power facilities and securing new future growth engines.In his New Year message, KOMIPO President Nam said, "All should make a concerted effort to realiz…
Chairman Chung Joon-yang of POSCO. The POSCO Group will invest 8.1 trillion won in facilities and total solution marketing areas, among others, up 17 percent from last year, including between 4.5 trillion won and 5.1 trillion won to keep its competitive advantage going this year, Chairman Chung…
Samsung Visual Display President Yoon Boo-keun and Executive Vice President Kim Hyun-suk pose before the futuristic new smart TV lineup, the ES8000 Samsung Electronics has released at the Samsung Electronics Seocho-dong headquarters on Feb. 8.Samsung Electronics releases new futuristic smart TV ES80…
Hyundai Motor Co. had an outstanding year in 2011, breaking all kinds of records in such key areas as sales and profit as one of its sedans, the Elantra (Avante in Korea), was named the Car of the Year in terms of quality in the United States.The largest auto company in Korea posted 77.79 trillion w…
New Chairman Chey Tae-won for Hynix Semiconductor Co. points his finger while inspecting a Hynix plant as the new chairman of the chipmaker on Feb. 14. He also heads SK Group as chairman."I will do my best to make Hynix a great success," proclaimed Chairman Chey Tae-won in his inaugural speech as ne…
Chairman Hur Dong-soo of GS Caltex Corp.GS Calex's Yeosu oil refinery complex in Yeosu, South Jeolla Province. GS Caltex Chairman Hur Dong-soo said it is too early to talk about GS Energy's initial public offering because the new energy affiliate of the GS Group launched in January still has a …
Chairman Chang Sae-joo of Dongkuk Steel Mill Co. shakes hands with Brazilian President Dilma Rousseff during a dedication ceremony on Aug. 11, 2011, for the wharf Cais Song-Won named after the chairman's late father's penname near from where the projected joint-venture steel plant is being built in …
Senior Vice President Kim Dong-chul of S-Oil, shakes hands with an official of Aramco upon signing an agreement to supply crude oil to S-Oil for 20 years at Aramco's head office in Dharan, Saudi Arabia, on Feb. 9. Minister Hong Suk-woo of the Ministry of Knowledge Economy, 2nd L, watches the exchang…
Officials of Hyundai Oilbank and Shell Eastern Co. hold hands each other including President Kwon Oh-kap and President Mark Gainsborough after signing an agreement in Singapore on Feb. 7 to jointly set up a base lubrication oil plant at the Hyundai Oilbank Daesan Complex in South Chungcheong Pr…
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Business/Company
Non-Koreans’ appetite for Korean red ginseng is getting hotter. Korea’s representative health food, red ginseng is enjoying increasing popularity among foreigners staying here or visitors who are on the rise.  Stats released by the Ministry…
Chairman Park Jung-won of Doosan Group. (Photo: Doosan Group) Doosan Group increased its cash holdings to 1 trillion won with sales of its affiliates, Doosan Engine and Doosan Portable Power, to pick up where it left off in May to rush its financial…
Samsung Group ‘s reshuffle is getting wider than expected to refresh its management amid a management vacuum, caused by the absence by Samsung Group Vice Chairman Lee Jay-yong. A first salvo in the upcoming widespread personnel change of the group…
An official at Hyundai Cradle test-operates a biorhythm measurement technology while sitting at the wheel as other officials look. Hyundai Motor is setting up Hyundai Cradle in Silicon Valley of the United States, which will serve as an advance cent…


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