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Economy/Finance
Hana Bank President Ji Sung-kyu.Hana Bank announced in late May that it has signed a business agreement with REMAX Korea and Dowoo GN on overseas real estate investment consulting services. By signing the agreement, Hana increased the number of its partners for overseas real estate investment consul¡¦
President Kwon Kwang-seok of Woori Bank.Public attention is being paid to financial products with higher interest rates amid a low-interest rate trend, which is related to the central bank¡¯s lower benchmark rate in the wake of the spread of COVID-19. Banks are coming up with diverse financial produ¡¦
NongHyup Financial Group Chairman Kim Kwang-soo (third from left), NH Nonghyup Bank President Son Byung-hwan (second from left), and Kim Jong-hee (first from left), head of Nonghyup Finance Myanmar, pose for a commemorative photo shoot with Soe Thein (fourth from left), vice governor of the Central ¡¦
On June 15, Kyobo Life Insurance launched non-participating Kyobo Mini Coverage Insurance which pays hospitalization fees from the first day and also pays for surgery when a consumer is hospitalized due to an illness or disaster. Non-participating Kyobo Mini Savings Insurance launched together along¡¦
Chairman Kim Yong-duk of the Social Contribution Committee of the General Insurance Association of Korea (GIAK).The Social Contribution Committee of the General Insurance Association of Korea (GIAK) held a performance-sharing session dubbed the ¡°Startup Nest¡± project to support youth¡¯s creation o¡¦
President Hur Yin of KB Kookmin Bank. (Photos: KB Bank)KB Kookmin Bank will become the largest shareholder of Indonesia's Bukopin Bank this year. The bank plans to invest a total of 400 billion won from 2018 to 2020 to secure at least 51 percent of the bank's equitiy. Analysts say KB Kookmin Bank, w¡¦
Yoon Dae-hee, chairman of the KODIT. The Korea Credit Guarantee Fund (KODIT) was selected as an organization to receive support via the 2020 Data Flagship Project in early July. It participated in the 2020 Data Flagship Project Contest by the Ministry of Science and ICT with the idea.The Data Flagsh¡¦
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Business/Company
Nongshim CEO Jo Yong-chul makes a presentation on the success of Shin Ramyun at Lotte Hotel in Seoul on May 13. (Photos: Nongshim)Nongshim announced on May 13 that cumulative sales of Shin Ramyun, which marks its 40th anniversary this year, surpassed¡¦
Chairman Cho Won-tae of Hanjin Group. Korean Air has gotten a lot of ¡°love¡± from financial markets, in particular for the brainchild of the merger, Chairman Cho Won-tae of Hanjin Group. The historic M&A with Asiana Airlines is evaluat¡¦
A view of Samsung Electronics Suwon Digital City. (Photo: Samsung Electronics)Labor and management of Samsung Electronics reached a tentative agreement on incentives at the last minute on May 20, averting a strike one and half hours before the deadli¡¦
Hyundai Motor Vice Chair Chang Jae-hoon (right) poses for a photo with Vice Minister of Trade, Industry and Resources Moon Shin-hak at the 23rd Automobile Day Event on May 12.Hyundai Motor Group Vice Chair Chang Jae-hoon won the Gold Tower Order of I¡¦


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