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Business/Company
Chairman Park Sung-hyo of the Small Enterprise and Market Service (SEMAS) explains on policy support to traditional markets and listens to demands from representatives of the Daejeon Central Traditional Market on Jan. 11.The Small Enterprise and Market Service (SEMAS) has been highlighted as a stron…
Samsung Electronics chalked up 302.23 trillion won in sales last year, representing the best-ever annual business performance, renewing a record previously set in 2021. Samsung Electronics on Jan. 31 reported financial results for the fourth quarter and the fiscal year 2022.The company posted 7…
Hyundai Motor Group, which achieved its best-ever business performance last year, is now poised to become a global top-three electrification company. Hyundai Motor and Kia Motors, setting greater sales goals for this year, is stepping on the gas to become a global top-tier. Hyundai Motor G…
Lotte is opening Lotte Mall Hanoi in Tay Ho, the new city of Hanoi, in August. The shopping mall will have 23 floors with two basement floors and about 350,000 sq. meters in floor space. A bird’s-eye view of Lotte Mall Hanoi. (Photo: Lotte E&C)Lotte Group is stepping on the gas to create a “Ne…
Chairman Koo Ja-eun of LS Group sticks a badge on the chest of one of the year 2023 freshmen employees at LS Future Institute in Anseong City, Gyeonggi-do, on Jan. 19. Chmn. Koo has been managing “LS Futurists” to achieve the “Vison 2030.” (Photos: LS)LS Group is accelerating efforts to explore …
Hallyu (Korean Wave) afficionados fill the “bibigo Food Street,” opened by CJ Cheiljedang on the sideline of the KCOIN 2022 LA Festival held in Los Angeles last year. (Photo: CJ Cheiljedang)CJ Cheiljedang is accelerating efforts to expand the new K-food global market scope by actualizing the entry…
President Lim Jung-bae of Daesang Corp. (Photos: Daesang)President Lim Jung-bae of Daesang Corp. said, “Now is the time when we have to change the way we do things on our own to overcome changes, and furthermore, take a lead.”In his New Year’s message, released on Jan. 2, President Lim said, “Ch…
(from left, above row) President Lee Hoon-ki of Lotte Corp.’s ESG Management Innovation Office, Lotte Hotel President Lee Wan-shin and Vice Chairman Park Hyun-cheol of Lotte E&C. (from left, below row) Lotte Members President Kim Hae-joon, Lotte Confectionery President Lee Chang-yeop and L…
Chairman Christopher Koo of the Korea International Trade Association delivers his New Year’s message at a ceremony to kick off the 2023 business year at Trade Tower in Samseong-dong, Seoul, on Jan. 2. Chairman Christopher Koo of the Korea International Trade Association called for taking a le…
Chairman Chung Tae-soon of Korea Shipowners’ Association (KSA). (Photos: KSA)Chairman Chung Tae-soon of Korea Shipowners’ Association (KSA) said, “How the Korean shipping industry will brace for IMO’s greenhouse gas emission restrictions and the future digital shipping market will be a yardstick…
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Policy/Politics
Minister Won Hee-ryong of the Ministry of Land, Infrastructure and Transport (MOLIT) announces steps to prevent jeonse gap investing cheating during a joint briefing session with related ministries on Feb. 2. (Photo: MOLIT)The government decided to l…
Officials of Korea Trade-Investment Promotion Agency (KOTRA), including KOTRA President Yu Jeoung-yeol, attend online emergency strategy meetings to boost exports at KOTRA headquarters in Yeomgok-dong, Seoul, which took place from Feb. 1 to Feb. 3. (…
Gov. Kim Jin-tae of the Gangwon-do Special Self-Governing Province delivers his speech at a general meeting of Gangwon-do provincial council at Sky Bay Hotel in Gangneung on Jan. 19 in which councilors vowed to make the province the nation’s best li…
Minister Chung Hwang-keun of the Ministry of Agriculture, Food and Rural Affairs speaks at a ceremony to inaugurate a food tech industry development consultation committee at aT Center in Yangjae-dong, Seoul, on Feb. 14. MAFRA Minister Chung, concurr…


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