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Industry/Energy
KEPCO President Cho Hwan-eik visits Asia Paper Mfg. Co. on June 4 on a leg of his inspection tours of electricity-engulping firms to solicit their participation in demand management systems.Korea Electric Power Corp. (KEPCO) is devoting all its energies to spearhead a nationwide campaign to con…
KEPCO KPS holds a meeting of the heads of the thermal power offices of the Maintenance Business Division at the KEPCO KPS headquarters on June 17 to cope with a power shortage crisis.KEPCO KPS has signed an agreement to improve shared growth and fair trading with its 42 cooperative companies. …
The High-tech Algae Center at the Hadong Thermal Power Complex in November 2011 as a test-bed to produce value-added items, including bio-oil, cosmetics, and medicines, by incubating algae feeding on CO2. (photo : KOSPO)Korea Southern Power Co. (KOSPO) was presented with the Prime Min…
A view of the 4th heavy oil cracking tower at GS Caltex, boosting the oil refinery’s heavy oil cracking capacity to 268,000 bpd.  (Inset) V.Chmn. Huh Jin-soo of GS Caltex Corp. (Photo: GS Caltex)Vice Chairman Huh Jin-soo of GS Caltex, in his New Year’s speech, said the management crisis …
MOTIE Vice Minister Kim Jae-hong at the rostrum.(Photos: MOTIE)The Ministry of Trade, Industry and Energy (MOTIE) has inaugurated the Energy Tech Innovation Forum, which is designed to pursue the interdisciplinary integration of energy technologies and other industrial sectors. Lee Hee-beom, chairm…
KEMCO CEO Byun Jong-rip gives his inaugural speech as he took the helm at the corporation on June 10. (Photo: KEMCO)Korea Energy Management Corp. (KEMCO) CEO Byun Jong-rip said, “The power supply-demand situation will likely take a turn for the worst from the second week of August as the natio…
A group of dignitaries including Minister Yoon Sang-jick of the Minsitry of Trade, Industry and Energy, Gov. Park Joon-young of South Jeolla Province, President Suh Moon-kyu of the Korea National Oil Corp., President Baek Moon-hyun of the Yeosu Oil Hub Korea, Yeosu Mayor Kim Choong-sik and…
Foreign and Korean power grid experts pose for a group photo at the 9th Seoul International Conference on the Electricity Market 2013 (SICEM 2013) at the COEX InterContinental Hotel in Seoul on June 12.   Korea Power Exchange (KPX) has discussed ways of promoting cooperation in the tr…
 Leading executives of Korea Gas Safety Corp. raise their arms to stress the importance of safe use of gas at the the 20th Gas Safety Grand Awards presentation ceremony led by President Jun Dae-chun held on May 31 at the 63 Building in Yeouido, Seoul. [Photos on courtesy of  Kore…
Notables attend the Iron Day anniversary event at POSCO Center on June 10. They include Minister of Trade, Industry and Energy Yoon Sang-jick; Chairman Chung Joon-yang of the Korea Iron & Steel Association (KOSA); KOSA Vice Chairman Oh Il-hwan; Hyundai Steel Vice Chairman Park Seung-ha…
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Economy/Finance
A group of dignitaries led by Chairman Kim Jung-tai of Hana Financial Group, 3rd L, and leaders of local banks in Taipei, Taiwan, pose for a photo session at a launching ceremony of the Hana Bank’s overseas electronic payment service at the bank’s …
Chairman Yoon Jong-kyoo of KB Financial Group. (Photo:KB Financial Group)KB Financial Group posted 845.7 billion won in net profit in the first quarter of this year a little down YoY but three times more than the preceding quarter, the group said on …
Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Shinhan Financial Group Co. reported a 7.1 percent increase in its net profit for the first quarter ending March from a year earlier, thanks to gains from the insurance unit, Orange Lif…
President Lee Dong-cheol of KB Card, left, delivers a check for 120 million won in donation to the Mirok Umbrella Children’s Foundation on May 3. (Photo: KB Card)KB Card donated 120 million won to the Mirok Umpbrella Children’s Foundation to help t…


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