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Business/Company
Samsung Business Group has come up with massive plans to channel 240 trillion won in new investments over the next three years with a promise to hire 40,000 people. The de facto leader of Samsung Electronics, Lee Jay-yong, who was released on parole, made the decision to live up to public expectatio…
Business leaders, including Hyundai Motor Group Chairman Chung Eui-sun, SK Group Chairman Chey Tae-won, POSCO Group Chairman Choi Jeong-woo, Doosan Group Chairman Park Jeong-won, GS Group President Hur Sae-hong, Lotte Group Chairman Shin Dong-bin, Hanwha Group President Kim Dong-gwan, HHI Group Hold…
Lotte Group Chairman Shin Dong-bin.Lotte Corp., the holding company of Lotte Business Group, sees win-win strategies with partners as a driving force for sustainable growth, and is implementing a regime to effectively support partners. Lotte is promoting shared growth with partners by holding e…
Shin Hak-cheol, Vice Chairman of LG Chem (right) and ADM CEO Juan Luciano, pose after they signed a Heads of Agreement (HOA) for the establishment of a Lactic Acid (LA) and Poly Lactic Acid (PLA) joint venture on Sept. 13 at the ADM headquarters in Chicago, Illinois. (Photo: LG Chem)LG Chem and Arch…
Chairman Lee Jay-hyun of CJ Group. (Photo: CJ Cheiljedang)CJ Cheiljedang is shifting into a bio company. Its mainstay food business shows signs of somewhat sluggishness, but its bio business has seen an explosive growth to help the company achieve the best-ever Q2 business performance. CJ Cheiljedan…
LS Group Chairman Christopher Koo. LS Group Chairman Christopher Koo is pulling out all the stops to implement ESG management in earnest. LS Corp., the holding company of LS Group, has expanded the conventional committee on transactions among subsidiaries into the ESG Committee under the umbrella of…
Doosan Group Chairman Park Jeong-won looks at exhibits on display during H2 Mobility +Energy Show 2021 at KINTEX in Ilsan on Sept. 8. (Photo: Doosan Group)Doosan Fuel Cell Power Business Unit, Doosan Fuel Cell and Doosan Mobility Innovation participated in the H2 Mobility+Energy Show 2021, where the…
Amorepacific Chairman Suh Kyung-bae delivers a commemorative speech at the 76th anniversary in a metaverse format, a digital and non-contact space, on Sept. 5. (Photo: Amorepacific)Amorepacific Group held the 76th anniversary in a metaverse format, combining a digital and non-contact space, on Sept.…
Hyosung Group Chairman Cho Hyun-joon delivers to Tennessee Senator Bill Hagerty the plate of a first high-voltage transformer, produced by Hyosung Heavy Industries’ plant in Memphis. (Photo: Hyosung Group)Hyosung Group Chairman Cho Hyun-joon toured Hyosung Heavy Industries’ high-voltage transforme…
Spectators experience the new technologies of the M.Vision X, an AI-included concept car for full autonomous driving, at IAA Mobility 2021. (Photo: Hyundai Mobis)Hyundai Mobis will invest 1,321.6 billion won to build two hydrogen fuel cell production plants. The investment is 19 times more than the …
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Policy/Politics
President Kim Young-sam of Korean Electronics Technology Institute (KETI). (Photos: KETI)KETI is to expand its research capabilities as a leading technology platform provider, departing from the conventional “electronics parts” mold, President Kim …
Geyongsangbuk-do Gov. Lee Cheol-woo and other dignitaries pose with “Saeromi” and “Haengboki,” the mascots of the 102nd National Athletic Games and the 41st National Para Games in a ceremony to wish for the success of the sports festival at the c…
Korea Ocean Business Corporation (KOBC) holds a ceremony to open “Smart Marine Center” at Korea Job World in Bundang-gu, Gyeonggi-do, on July 8. (Photo: KOBC)Korea Ocean Business Corporation (KOBC) has so far provided 6,140.5 billion won in financi…
Chairman Koh Seung-beom of the Financial Services Commission (FSC) meets with Chairman Jeong Eun-bo of the Financial Supervisory Service (FSS) to discuss pending financial issues at the Seoul Government Complex on Sept. 2 for the first time since the…


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