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Economy/Finance
President Yoon Jong-won of the Industrial Bank of Korea (IBK) talks with the head of a small business struggling to cope with the damages, caused by the spread of COVID-19 on March 17. President Yoon Jong-won of the Industrial Bank of Korea (IBK) said, ¡°The collapse of SMEs will have a greater impa¡¦
Shinhan Bank President Jin Ok-dong. (Photos: Shinhan Bank)Shinhan Bank President Jin Ok-dong stressed the importance of bold decision-making to challenge old methods that have been verified, saying established business plans need to be continuously reviewed and reevaluated. President Jin made the re¡¦
Chairman Yoon Jong-kyoo of KB Financial Group. (Photo: KB Financial Group)KB Financial Group will acquire Prudential Life Insurance¡¯s Korean unit. The financial group held a board of directors¡¯ meeting on April 10 and approved its acquisition. KB Financial Group struck a sales and purchase agreeme¡¦
Hana Financial Group Chairman Kim Jung-tai, Hana President Ji Sung-kyu and Hana Card President Jang Kyung-hoon attend an emergency meeting of CEOs of the group¡¯s subsidiaries on March 2 to discuss ways of providing financial support to small businesses, buffeted by the spread of COVID-19. (Photos: ¡¦
Woori Financial Group Chairman Sohn Tae-seung, Woori Bank President Kwon Kwang-seok tours the bank¡¯s South Gate branch in Seoul and listens to voices of merchants grappling to cope with hardships, caused by the spread of COVID-19. (Photo: Woori Financial Group)Chairman Sohn Tae-seung of Woori Finan¡¦
Chairman Kim Gwang-soo of NongHyup Financial Group. (Photo: NongHyup Financial Group) Under the stewardship of Chairman Kim Gwang-soo, now in reelection term, NongHyup Financial Group is stepping on the gas to expand its business turf abroad, with the goal of posting 160 billion won in annual net pr¡¦
Mirae Asset Daewoo continues to increase investments at home and abroad by utilizing equity capital of more than a trillion won (based on consolidated financial statements as of the end of 2019), creating synergies with investment banks (IBs), trading firms, and overseas businesses.Mirae Asset Daewo¡¦
Korea Investment Holdings Chairman Kim Nam-goo. (Photos: Korea Investment & Securities)Kim Nam-goo, vice chairman of Korea Investment Holdings, was promoted to chairman. Kim is evaluated to have grown Korea Investment Holdings into one of the most profitable companies in the Korean securities in¡¦
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Business/Company
Vice Chairman & CEO Kim Jung-soo of Samyang Foods. (Photos: Samyang Foods)Samyang Foods, once a Korean ramen pioneer and legend, is making a splash in the global ramen market with Buldak Ramen, a spicy ramen brand. Buldak Ramen has establish¡¦
LG Chem CEO and Vice Chmn. Shin Hak-cheol and Sinopec Chmn. Hou Qijun applaud as both sides signed a deal to jointly develop core materials of the sodium-ion battery at LG Twin Tower in Yeouido, Seoul, Oct. 30. (Photo: LG Chem)LG Chem is joining forc¡¦
Chairman & CEO Choi Jin-shik of the Federation of Middle Market Enterprises of Korea (FOMEK), Minister for Trade Yeo Han-koo and Malaysian Amb. to Korea Dato' Mohd Zamruni bin Khalid pose with other attendees at speaking at ¡°2025 MME Internation¡¦
Dignitaries, including Chmn. Shin Dong-bin of Lotte Group and Indonesian President Prabowo Subianto, applaud as they participated in a ceremony to dedicate a petrochemical plant, dubbed ¡°Lotte Chemical New Ethylene (LINE),¡± in Cilegon on the island¡¦


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