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Korea Investment and Securities announced that it will implement a 400 billion won capital increase. Thanks to the capital increase, the securities company will be able to secure operating funds. At the same time, its equity capital exceeded 8 trillion won, enabling the company to enter ne…
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At a ceremony to mark its 47th anniversary at KODIT headquarters in Daegu on June 1, management and labor of Korea Credit Guarantee Fund (KODIT) vowed to put into practice ethics management. (Photos: KODIT) Korea Credit Guarantee Fund (KODIT) held a ceremony to mark its 47th anniversary at KODI…
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Chairman Chung Hee-soo of Korea Life Insurance Association (KLIA). (Photo: KLIA) Life insurance companies have come up with a variety of insurance products, in keeping with consumers’ rising concern over health insurance guarantees and the burden on households over medical costs, Korea Life In…
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Kyobo Insurance Co. CEO and Chairman of the Board Shin Chang-jae was inducted into the Insurance Hall of Fame Laureate on March 22. (Photos: Kyobo Insurance)Kyobo Insurance Co. CEO and Chairman of the Board Shin Chang-jae was inducted into the Insurance Hall of Fame Laureate, following his father’s…
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Chairman and CEO Sohn Byung-doo of the Korea Exchange (KRX) conducts promotional activities for the Korean capital market for global investors as he participated in the 2023 Milken Institute Global Conference held in Beverly Hills, Los Angeles, the United States, from April 30 to May 3. (Photo: KRX)…
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Chairman and CEO Choi Won-mok of Korea Credit Guarantee Fund (KODIT) poses with KODIT officials as he toured KODIT’s pavilion at Songdo Conventia, Incheon, the venue of the 56th Annual Meeting of the Board of Governors of the Asian Development Bank. (Photo: KODIT) Korea Credit Guarantee Fund (…
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Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a net profit of over 1 trillion won in the first quarter of this year. Despite a decline in interest income and the accumulation of provisions for internal and external uncertainties,…
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Chairman Yoon Jong-kyu of KB Financial Group. (Photo: KB Financial Group)KB Financial Group racked up a net profit of 1.5 trillion won in the first quarter of 2023. The financial group announced on April 27 that its net profit for the first quarter of this year was 1.4976 trillion won, up 2.5 p…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced on April 27 that it posted consolidated net profit of 1,102.2 billion won in the first quarter, up 22.1 percent year on year and will pay an interim dividend of 600 won per share. Comment…
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Chairman Lim Jong-yong of Woori Financial Group. (Photo: Woori Financial Group)Woori Financial Group announced on April 24 that it earned a net profit of 911.3 billion won in the first quarter (January-March) of 2023.This is almost 2 times the 480 billion won earned in the fourth quarter of 2022 and…
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Notables, including Prime Minister Kim Min-seok, Chmn. Han Seung-gu of the Federation of Construction Associations (FCA), Vice Minister Kim Yi-tak of the Ministry of Land, Infrastructure and Transport, and Chmn. Maeng Seong-gyu of the National Assemb…
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President Oh Se-chul of Samsung C&T Engineering & Construction Group attends a signing ceremony for Samsung C&T’s Marinus Link HVDC project in Australia.Samsung C&T Engineering & Construction (E&C) Group has secured a 470 bil…
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POSCO E&C President Song Chi-young. (Photos: POSCO E&C)POSCO E&C has successfully verified a remotely controlled excavator for the first time in Korea, further advancing unmanned construction sites and smart construction transformation.&n…
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Chairman Jung Won-ju of Daewoo E&C delivers a commemorative speech at a groundbreaking ceremony for the Jangseong Fine Datacenter at the publicity pavilion at the Gwangju Research Development Special Zone in Nam-myeon, Jangseong-gun, Jeollanam-do…
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