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Hyundai Motor Group Chung Mong-koo. The 2017 Genesis EQ900, the G90 in the North American car market, has been selected as one of three finalists for the North American Car of the Year (NACOY) award. (Photo: Hyundai Motor Group) The Genesis brand that made its debut one year ago has established its…
Hyundai Heavy Industries Vice Chairman & CEO Kwon Oh-kap. (Photo: HHI) Hyundai Heavy Industries (HHI) has decided to split the company into six separate entities to salvage itself amidst the sagging global economy. The shipbuilding and marine plant businesses, which account for more than 80 pe…
LSIS Chairman & CEO Koo Ja-kyun (Photos: LSIS) LSIS has been selected to implement an independent microgrid project in Singapore, setting a platform to tap the Asian MG market.  LSIS has joined such global companies as GE-Alstom and Schneider to participate in a renewable energy-powered i…
A view of LSIS’s R&D campus in Anyang, Gyeonggi-do. (Photo: LSIS)To this end, the company is focusing on localizing core technologies through R&Ds and securing future growth engines to secure sustainable growth.In January 2015, LSIS dedicated an eco-friendly, intelligent building based on t…
President Lee Sang-kwon, R, of the Korea Electrical Safety Corp. and President Jang Chul-h, L, of Korea Electrical Contractors Association, hold a copy of the Memorandum of Technical Cooperation on Electrical Safety signed with the Ministry of Industry and Trade of Vietnam represented by Minister Vu…
Korea Hydro & Nuclear Power (KHNP) has been presented with the Safety Management Grand Prize at the 2016 Global Standard Management Awards ceremony at the Seoul Grand Hilton on Nov. 2. (Photo: KHNP) Korea Hydro & Nuclear Power (KHNP) was presented with the Safety Management Grand Prize at t…
Scenes from Daelim Industrial’s overseas worksites where its employees hustle to complete the various construction projects including hotels, residential houses and plants.(Photos: Daelim Industrial) Daelim Industrial Corp., a major Korean builder, said recently that its net income rose 51.3 perce…
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…
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Economy/Finance
Chairman Yoon Jong-kyoo of KB Financial Group. KB Financial Group has been doing very well this year when it comes to expanding its operation. Under Chairman Yoon Jong-kyoo, the group’s leadership managed to take over Hyundai Securities last year …
President Wi Sung-ho of Shinhan Bank. President Wi Sung-ho of Shinhan Bank, true to his reputation as an digital banking expert when he was with Shinhan Card, has put in motion a plan to expand the bank’s digitization moves, including boosting the …
President Ham Young-joo of KEB Hana Bank. KEB Hana Bank is slated to officially open its new building Gran Seoul in Cheongjin-dong, downtown Seoul. The offices and desks in the new building will be arranged similar to those of start-ups in that will…
Chairman Park Hyeon-joo of Mirae Asset Group delivers his congratulatory speech at a ceremony to celebrate the 20th anniversary of the group at Four Seasons Hotel in Gwanghwamun, Seoul, on July 1.(Photo: Mirae Asset) "Mirae Asset is 20 years old, bu…


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