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The National Pension Service (NPS) said the monthly stipend payment will increase by 2.2 percent from this month in reflection of the inflation rate last year.
The pension service also said from July those who earn more than 3.98 million won per month will have to pay 8,000 won more monthly for the…
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Top executives of Korean Re wash the feet of their employees during the reinsurance firm‘s 50th anniversary ceremony on March 19 at the company’ s head office in Susong-dong, Seoul.Korea Reinsurance Corp. celebrated its 50th anniversary on March 19 in a ceremony held at the company’ s h…
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President Kwon Jum-joo of Shinhan Life Insurance (center) congratulates the exemplary financial consultants for their contributions to the company’s growth in 2012 at the award presentation ceremony at Shinhan Life Insurance Co. Shinhan Life Insurance Co. held an award p…
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Top executives of Woori Financial Group led by Chairman Lee Pal-seung and President Chung Hyun-jin of Woori Card, cut the tape to celebrate the spin off of Woori Card on April 22.Woori Financial Group finally spun off its card unit on April 1 after receiving final approval from the F…
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President Min Byung-dok of Kookmin Bank listens to an official of a small company near Seoul he visited recently as he holds a product of the company. [ Photo on courtesy of Kookmin Bank]Kookmin Bank became the first major commercial bank in Korea to open a window for the genera…
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Hana Bank President Kim Jong-jun presents a certificate of donating 2,703 PCs and cash with Chairman Hwan Won-rae of the Korea Labor Welfare Center at a ceremony at the bank’s head office in Seoul on March 12.Hana Bank donated 2,703 personal computers and cash in a ceremony held at its he…
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President Park Jae-shik of Korea Securities Finance Corp. (KSFC)President Park Jae-shik of Korea Securities Finance Corp. (KSFC) announced on March 12 the launch of an online loan service called the E-share Loan, a small mortgage loan facility exclusively for individual borrowers, at a media br…
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President Kwon Jum-joo(3rd R) of Shinhan Life Insurance Co. holds a placard saying the company’s catchphrase, " Compassionate Finance, Compassionate Insurance," with executives and branch managers at a recent meeting.Shinhan Life Insurance Co. will judge the value of its management a…
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President Lee Soon-woo of Woori Bank visits a traditional blanket store in downtown Seoul, recently to show the bank’s concern for small businesses and individual borrowers whose credit capacities have reached limits.Woori Bank has been offering loans to customers whose credit capacities …
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CEOs and executives of NH Financial Holdings, including Chairman Shin Dong-kyu, 5th R, and NH Bank Shin Chung-shik, cut the cake in celebration of its 1st year anniversary on Feb. 28 at its head office in Seoul.NH Financial Holdings celebrated its one-year anniversary on March 2 at a ceremony h…
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Chairman and CEO Lee Hyungchul of Korean Register (KR). (Photos: KR)Korean Register (KR) has built an “Ammonia Bunkering Simulation System” at the LNG Fueled & Bunkering Simulation Center (LSC) at KR headquarters in cooperation with Trans Gas S…
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President Hong Jin-bae of the Institute of Information & Communications Technology Planning & Evaluation (IITP). (Photos: IITP)President Hong Jin-bae of the Institute of Information & Communications Technology Planning & Evaluation (I…
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Chairman Kang Seok-jin of Korea SMEs and Startups Agency (KOSME) poses with officials with Space Solution as he made an inspection toured the aerospace parts maker, based in Daejeon, on March 26 to listen to complaints and grievances the company expe…
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President Choi Moo-yeol of the Korea Forestry Promotion Institute (KOFPI).The Korea Forestry Promotion Institute (KOFPI) has discussed how to reduce damage caused by pine wilt disease and protect healthy forests. KOFPI officials toured the Chunc…
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