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Industry/Energy
A lab of GS Caltex’s plant in Yeosu.A view of GS Caltex’s plant in Yeosu. (Photos: GS Caltex) GS Caltex is in its 50th year of operation this year. At the company’s new year ceremony on Jan. 1 at GS Tower in Nonhyun-ro, Seoul, Chairman Huh Jin-soo said the oil company will never let up on its ch…
A view of Hanwha Chemical’s plant in Ulsan. (Photo: Hanwha Chemical) Hanwha Chemical has accumulated a record amount of cash on back of its improving business performance. As a result, the company has seen its credit rating continue rise as it repays debts. Korea Ratings on Sept. 11 revised the o…
President Cho Hwan-eik of Korea Electric Power Corp. (KEPCO) (Phoertos: KEPCO) Korea Electric Power Corp. (KEPCO) is considering acquiring a biomass power plant now under construction in Georgia, the United States. A biomass power plant uses waste timber (wood pellets) to produce steam for power ge…
President Yoon Jong-geun of Korea Southern Power Co. (KOSPO)  other executives and staff members vow to achieve the”New/Renewal 3030 Target” a workshop at the Ibis Ambassador Hotel in Busan on July 31. (Photo: KOSPO) Korea Southern Power Co. (KOSPO) held a workshop designed to overhaul a sys…
Samsung Electronics Vice Chairman Kwon Oh-hyun.A 1 terabit (Tb) 3D V-NAND flash memory, developed by Samsung Electronics for the first time in the world. Samsung Electronics has ushered in an era of 1 terabit (Tb) 3D V-NAND flash memory for the first time in the world. The new flash memory is simil…
Hyundai Motor shows off the self-driving vehicle Ioniq EV at the North America Auto Show in Detroit on Jan. 10, 2017. (Photos: Hyundai Motor) Hyundai Motor Group is concentrating on the development of autonomous autmobiles, connected vehicles and eco-friendly technologies as it copes with uncertain…
A view of Hyundai Mobis’s plant in Chungju. (Photos: Hyundai Mobis)A crew at Hyundai Mobis test-operates a battery. Hyundai Motor Group has become the first company in the world to establish a system to mass produce core components of fuel cell electric vehicles (FCEV). The group’s achievement ma…
A vew of Doosan Bobcat Acceleration Center in North Dakota.A view of Doosan Infracore R&D Center in Incheon. Doosan Business Group has a global R&D network in place to develop future technologies as next-generation growth engines.  In 2014, Doosan Infracore opened a global R&D cen…
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-…
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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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