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Officials of POSCO’s Gwangyang Steel Works in Gwangyang, South Jeolla Province, led by Chairman Kwon Oh-joon, 5th R, push buttons at a launching ceremony of 7CGL at the steel complex on April 26, 2017.(Photo: POSCO) There were spectacular scenes at POSCO’s Gwangyang Steel Complex in Gwangyang, So…
Samsung Electronics has decided against shifting into a holding company structure. The move is expected to have a ripple-effect since it means that Samsung Electronics Vice Chairman Lee Jay-yong will give up efforts to reform governance to strengthen his control over the company. Samsung Electron…
Around 300 global Hyundai Motor dealers gathered for the 2017 Global Distributors Convention held in Seoul and Jeju Island on May 13 under a major purpose to rejuvenate the car maker’s sales around the world.(Photos: Hyundai Motor) Hyundai Motor Co. assembled the heads of dealerships around the wo…
SK Telecom President Park Jung-ho and Nvidia CEO Jensen Hwang hold a copy of an agreement on a joint development of self-driving car after they signed the deal. (Photos: SK Telecom) SK Telecom has signed an agreement on the joint development of self-driving automobile platforms with the global grap…
Lotte Group Chairman Shin Dong-bin ) lights the lamp “New Lotte” symbolizing a light of hope for the next 50 years at the group’s 50th anniversary event at Lotte Hotel in Songpa-gu, southeastern Seoul, on April 3. (Photos: Lotte Group) Lotte Group, the nation’s fifth largest conglomerate, is ch…
Chairman Lee Jay-hyun poses with CJ Corp. Vice Chairman Lee Chae-wook, CJ Jeiljedang Vice Chairman Kim Chul-ha, and others at a ceremony to open the CJ Blossom Park, which coincided with the ONLYONE Conference at Gwangjyo, Suwon, Gyeonggi-do, on May 17. (Photo: CJ Group) CJ Chairman Lee Jay-hyun ma…
Chairman Kim Seung-youn of Hanwha Group. Hanwha Group reported a surprise earnings boost in the first quarter due to good results from its major chemicals and finance sector, with the group announcing an operating profit of 645.8 billion won on sales of 13.346 trillion won in the quarter, up 57.2 p…
Chairman Christopher Koo of LS Group. LS Group is under stewardship of Chairman Christopher Koo, now five years in office. The group is entering the final stretch in its drive to restructure businesses and improve financial soundness. The business group keeps its mainstay businesses, including elec…
Chairman Huh Jin-soo of GS Caltex, 5th R in front row, is shown in this photo for the executives and staff who won the meritorious service awards during the oil refiner’s 50 anniversary ceremony held on May 18 at the oil company’s auditorium in the Yeosu Oil Complex in Yeosu, South Jeolla Province…
Hyosung Group Chairman Cho Hyun-joon. (Photo: Hyosung Group) Hyosung Group, which is now under the stewardship of Chairman Cho Hyun-joon, is expected to join the select club of companies posting more than 1 trillion won in operating profit this year for the second straight year. The group chalked …
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Policy/Politics
Deputy Chairman Jeong Eun-bo who also serves as Chairman of the Securities and Futures Commission, right, presides over a recent meeting of the Fintech Development Council.(Photo: FSC) South Korea launched the world’s first Fintech Open Platform to…
Mayor Song Gi-sub of Jincheon County, Chungcheongbuk-do. Mayor Song Gi-sub of Jincheon County, Chungcheongbuk-do, celebrated his first anniversary in office on April 14. Keen attention was the focus of Mayor Song, who served as the administrator of …
Director Ahn Joon-ho of the Tourism and Sports Bureau of the Seoul Metropolitan Government. Director Ahn Joon-ho of the Tourism and Sports Bureau of Seoul City Administration said the city will push the so called March 21 Measure, a tourism revival …
Gov. Lee Ju-yeol of the Bank of Korea.(Photo: BOK) The Bank of Korea revised up this year's growth forecast to 2.6 percent from the previous 2.5 percent estimated three months earlier, as both exports and private consumption showed signs of improvem…


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