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Industry/Energy
Korea Western Power Co. (KOWEPO) and SK E&S have teamed up with GE Power Korea to win an 8-billion-won gas combined cycle power plant project in Mozambique, which has been emerging as an African resources country in recent years. The deal marks the first time that Korean companies have been aw…
Lee Jong-suk, head of the Planning and Management Division at the Korea Southern Power Co. (KOSPO), poses with KOSPO officials and outside councilors after announcing strategies to implement the KOSPO Industry 4.0 Initiative at a seminar held at the Busan International Financing Center on March 24.&…
Researchers at KEPCO NF are working on a process of uranium refining. (Photo: KNF) KEPCO NF (KNF) has been implementing a program to educate KNF executives on integrity this year by taking its cue from ancient literature, for the second year in a row.  The program offers a lecture on integrat…
Hyundai Motor has unveiled the All-New Sonata, a face-lifet model of the Sonata New Rikse that debuted in Korea last March, during the Shanghai International Automobile Industry Exhibition 2017. (Photo: Hyundai Motor) Hyundai Motor and Kia Motors are trying to reverse setbacks in both the United St…
Samsung SDS President Chung Yoo-sung.  For Samsung SDS, the year 2017 is a significant year in which the company will have to produce tangible fruits from the exploration of foreign markets. To this end, Samsung SDS President Chung Yoo-sung has called for communication, speed and an improved c…
KEPCO President Cho Hwan-eik. (Photo: KEPCO) President Cho Hwan-eik of Korea Electric Power Corp. (KEPCO) is certain to be reelected for one more year for the second time after finishing his initial three-year term at a regular meeting of KEPCO’s board of directors slated for March 21.   Whe…
President Lee Kwan-sup of Korea Hydro & Nuclear Power Co.(Photos: KHNP) Korea Hydro & Nuclear Power (KHNP) has designated 2017 as the first year to make a leap forward by expanding its global presence. Last year, KHNP signed a $600 million Operating Supporting Services Agreement (OSSA) for …
KPX President Yoo Sang-hee. Korea Power Exchange (KPX) has begun to allow the transaction of renewable energy certificates (RECs) on the photovoltaic power that individuals and companies generate, which are put on the block, in accordance with the government’s policies to promote the new and renew…
Hyundai Motor Group Vice Chairman Chung Ui-sun test-drives Hyundai Motor’s self-driving car IONIQ at the CES 2017 in Las Vegas. Hyundai Motor Co. jumped 13 spots to the 6th and Kia Motors Co. rose to 11th in the U.S. vehicle dependability study index. The two Korean automakers rose to their highes…
LG Chem Vice Chairman Park Jin-soo. (Photo: LG Chem)LG Chem aims to be among the top five chemical companies in the world. To this end, the company plans to expand its business portfolio to include core business areas such as basic materials, battery, information electronics and life science, reinfo…
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Economy/Finance
Chairman Kim Yong-hwan at a recent media briefing session explaining the group’s 2018 management plan. NH Financial Group aims to log 1 trillion won in net profit in 2018 by strengthening the Wealth Management and Corporate Investment Banking secto…
President Ham Young-joo of KEB Hana Bank.(Photo: KEB Hana Bank) KEB Hana Bank won the 6th Financial Consumer Protection Grand Award of the Financial Services Commission Chairman, which was designated by the Korea Economic Daily with the support of t…
A photo of the participants at KDB Next Round 100th Event held on Nov. 6 at Yeouido Grand Hotel where the arrival of the 4th Industrial Revolution was taken up as a main subject for discussion.(Photo: KDB) Gov. Lee Dong-geol of said Korea Developmen…
KIS President Ryu Sang-ho, 3rd R, holds hands with top officials of Danpac Sekuritas, an Indonesian securities firm, after signing an agreement to take over a 75 percent stake in Jakarta, Indonesia,  on Nov.12. (Photo: KIS) Korea Investment &am…


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