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Industry/Energy
Chairman Huh Chang-soo of GS Group Chairman Huh Chang-soo of GS Group announced that the group has allocated 3 trillion won for investment this year, more than 1 trillion won more than last year under an idea that crises also create opportunities for companies. The chairman¡¯s announcement came ¡¦
KAI¡¯s FA-50s. Korea Aerospace Industries, Ltd. (KAI) has signed a $420 million deal to export 12 FA-50s to the Philippines.  KOTRA and the Defense Acquisition Program Administration (DAPA) said on March 28 that KAI landed a Philippine Air Force multi-purpose fighter purchase project for 12 F¡¦
Korea Electric Power Corp. (KEPCO) has decided to dispose of its 8.6 percent stake in LG U+ and a 29 percent interest in Korea Electric Power Industrial Development Corp. (KEPID). The decision is part of KEPCO¡¯s efforts to reduce its debt ratio by 14.7 trillion won to 143 percent in three years.&n¡¦
RasGas Chief Executive Officer, Hamad Rashid Al Mohannadi speaking on an executive leadership panel discussion on the inaugural day of Gastech in Kintex in Goyang, Gyeonggi-do, South Korea. (Photo: RasGas of Qatar)Asia¡¯s growing energy requirements calls for supply from a diverse portfolio of ¡¦
New President Lee Sang-kwon of Korea Electrical Safety Corp.(Photo: KESCO)Lee Sang-kwon, former legislator of the ruling Saenuri Party, has been named as President of Korea Electrical Safety Corp. effective Feb. 20.  The new president who is a former senior prosecutor with the Incheon Regional¡¦
President Kim Young-hak of Korea Trade Insurance Corp.(Photo: KTIC) ¡°I will push for more support to help SMEs exports to double in the three years of my tenure at Korea Trade Insurance Corp. (KTIC),¡± said President Kim Young-hak recently. During his first interview with local media since his in¡¦
President Jang Seok-hyo of Korea Gas Corp.(Kogas) delivers his opening speech at Gastech 2014 Conference and Exhibition which got underway at Kintex in Goyang, Gyeonggi-do, on March 24. (Photo: Gastech 2014)Korea Gas Corp. (Kogas) held ¡°Gastech 2014¡± with 383 gas related companies f¡¦
New President Kang Young-il makes his inaugural speech at a ceremony on Feb. 18 at Korea Rail Network Authority.President Kang Young-il of the Korea Rail Network Authority said at his inauguration ceremony on Feb. 18, ¡°I feels a great responsibility as I takes over the helm of Korail and would¡¦
Minister of the Ministry of Trade, Industry and Energy (MOTIE) Yoon Sang-jick and Korea Electric Power Corp. (KEPCO) President Cho Hwan-eik pose for a group photo for the camera as they make an inspection tour of the construction site of the Barakah nuclear power units in the United Arab E¡¦
East-West Power (EWP) President Chang Joo-ok and some 150 Donghae Thermal Power Complex staff and family members climb up the observation tower of the Donghae Thermal Power Complex in Donghae, Gangwon-do, to view the first sunrise of 2014. (photos: courtesy of EWP, article by S. Y. Kim)Eas¡¦
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Business/Company
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