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Chairman Euh Yoon-dae of KB Financial Group.KB Financial Group netted 1.77 trillion won in profits in 2012 with 213.8 billion won in the fourth quarter last year. Annual profit fell 25.2 percent or 598.5 billion won on year, as 2011 annual profit included the sale of Hyundai Construction shares and …
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Chairman Park Jong-soo of the Korea Financial Investment Association.Chairman Park Jong-soo of the Korea Financial Investment Association (KOFIA) said the company will create a fund to invest exclusively in SMEs, which would also be a great help to not only businesses, investors, and the capital mar…
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Hanwha Life Insurance Vice Chairman Shin Eun-chulHanwha Life Insurance Co., the new name for Korea Life Insurance, considers this year as the initial year for its vision to become “a global life insurer growing together with its customers.”The vision means that every employee of the company …
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President Hwang Sung-ho of the Woori Investment and Securities Co.signs an agreement with the Parallel Oilfield Fund of the United States to subscribe for its shares for stability and profit potential on Jan. 24 at the company’s conference room in Seoul.President Hwang Sung-ho of Woori In…
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Minister of Strategy and Finance Bahk Jaewan, Chairman Kim Seok-dong and leading officers of the Financial Services Commission and financial institutions including banks and insurance firms are shown here during the New Year gathering hosted by FSC at Lotte Hotel in Seoul Jan. 3.The F…
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Following are excerpts from a written interview with Director Park Bum-su, Ph.D, of the Agricultural Financial Policy Division of the Ministry for Food, Agriculture, Forestry and Fisheries in which he talks about the reform of the business structure of the National Agricultural Cooperatives Federati…
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The Korea Exchange's KOSPI Index celebrated the 30th anniversary launched on Jan. 4, 1983. The photo is a scene from a ceremony for the launching of the derivative market at the stock exchange early in January with a number of dignitaries including Chairman Kim Seok-dong of the F…
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Vice Chairman Park Keun-hee of Samsung Life Insurance Co.Vice Chairman Park Keun-hee of Samsung Life Insurance Co. will take charge of the company’s overseas operations personally from this year, as the overseas sector lags behind more than expected in his judgment since he took over the company’s…
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President Suh Jin-won of Shinhan Bank.Shinhan Bank projects a banking environment with low interest rates and low growth in assets for this year and that profit levels may vary depending on how much effort each bank has put in this year. The bank described the tough banking environment as the ”new …
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President Min Byung-deok of Kookmin Bank gives his New Year speech at a ceremony to kick off the New Year at the bank's head office in Yeouido, Seoul, Jan. 4.Kookmin Bank plans to step up its overseas operations this year, centering on advanced countries and emerging markets at the same time. I…
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POSCO E&C President Song Chi-young. (Photos: POSCO E&C)POSCO E&C signed a supply contract for carbon reduction equipment to be installed at POSCO’s Pohang Steelworks with ThyssenKrupp Uhde, a German engineering firm specializing in plant…
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CAK Chmn. Han Seung-goo of the Construction Association of Korea, President Lee Han-woo of Hyundai E&C, President Lee Ki-jung of Hanyang University and President Lee Chung-jae of the Korea Construction Economy Institute of Korea pose with Hanyang…
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Chairman Han Man-hee of the International Contractors Association of Korea (ICAK).Amid growing expectations that the construction industry will win Middle East reconstruction projects following the US-Iran agreement, the Overseas Construction Associa…
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Samsung C&T President and CEO Oh Se-chul and Hitachi Energy CEO Andreas Schierenbeck pose with executives following the signing of a Memorandum of Understanding to expand power grid collaboration in Europe. (Photo: Samsung C&T)Samsung C&T…
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