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Economy/Finance
Chairman Eun Sung-soo of the Export and Import Bank of Korea (Eximbank)The Export and Import Bank of Korea (Eximbank) is ready to dish out some 62 trillion won in loans and guarantees this year, with a focus on the exploration of new markets for infrastructural projects both at home and aboard, Chai…
Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Shinhan Financial Group posted 3.156,7 trillion won in net profit in 2018, up 8.2 percent YoY. It is the largest net profit in its history, by affiliates such as Shinhan Bank, Shinhan Capital, and Shinhan Financial Investment, among ot…
Chairman Yoon Jong-kyoo of KB Financial Group. (Photo: KBFG)KB Financial Group logged a net profit of 3.068 trillion won last year, down 7.3 percent YoY due largely to boosts in general expenses. On the bright side, the firm still notched more than 3 trillion won for two consecutive years.The financ…
Chairman Kim Sung-tae of Hana Financial Group. (Photo: HFG)Hana Financial Group posted a record profit in 2018 amounting to 2.240 trillion won on consolidated basis, up 10 percent YoY,the largest since 2005 when the group was launched for the first time due mainly to substantial boosts in its major …
Chairman Kim Gwang-soo of NH Financial Group. (Photo: NHFG)NH Financial Group said its net profit in 2018 amounted to 1.218,9 trillion won, the largest in its history, up 41.8 percent YoY. It was the initial year for Chairman Kim Gwang-soo as the top manager of the financial group. NH Financial, lau…
Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Bank recorded one of its best-ever operating profits last year, totaling 2.019 trillion won in net profit in 2018, up 33.5 percent YoY, the bank announced on Feb. 11.The bank said its 2.29 trillion won operating profit for 2006 rema…
President Kim Do-jin of the Industrial Bank of Korea(IBK). (Photo: IBK)The Industrial Bank of Korea said its net profit amounted to 1.764,4 trillion won in 2018, up 17 percent YoY, the largest in its history. The bank said it and its affiliates’ outstanding loans with SMEs came to 151.6 trillion wo…
Chairman Park Hyeon-joo of Mirae Asset Daewoo Group. (Photos: Mirae Asset Daewoo)A bird’s eye view of the TSX Broadway Project for a 46-storey multiplex building including a hotel, offices and shops on the site of a 106 -year old theater in Broadway in New York in which Mirae Asset Daewoo invests $…
President Jeong Young-chae of NH Investment & Securities Co.“NongHyup seeks to expand mostly in Southeast Asia where it can help boost agriculture financing, investment banking, retail banking and microfinance. Our main Southeast Asian base will be Vietnam.”Vietnam’s population is “young” w…
Chairman Lee Dong-geol of Korea Development Bank (KDB). (Photo:KDB)Korea Development Bank (KDB) has taken up an experiment to turn itself into an advance base for the 4th Industrial Revolution. How? It plans to funnel some 14.5 trillion won in loans and investments to business firms related to the n…
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Policy/Politics
Minister Sung Yun-mo of the Ministry of Trade, Industry and Energy (MOTIE) meets with Minister Sultan Ahmed Al Jaber of State in the UAE, concurrently CEO of the Abu Dhabi National Oil Company (ADNOC) on Jan. 13. (Photos: MOTIE)Minister Sung Yun-mo o…
 (left) the Stars and Stripes of the United States and the national flag of North Korea.U.S. President Donald Trump plans to meet with North Korean leader Kim Jong-un for a second summit in Hanoi, Vietnam from Feb. 27 to 28 to discuss North Kore…
 Kim Yong-chae, chief of the FEZ Planning Office.(Photo:MOTIE) / IFEZ Commissioner Kim Jin-yong. (Photo:IFEZ) YESFEZ Commissioner Hwang Sung-tae.(Photo:YESFEZ) / DGFEZ Commissioner Lee In-sun. (Photo:DGFEZ) GFEZ Commissioner Kim Kap-su…
President Lee Hak-soo delivers his New Year’s speech at a ceremony held on Jan. 2 at K-water head office to kick off the new year of 2019. (Photos: K-water)President Lee Hak-soo of Korea Water Resources Corp.President Lee Hak-soo of the Korea Water …


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