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A view of the Lotte World Tower, Korea’s highest landmark skyscraper. (Photos: Lotte Group)Lotte Group Chairman Shin Dong-binLotte Group Chairman Shin Dong-bin said, “(We have to) be thoroughly prepared with future predictions and each situation for our survival, and Lotte also should innovate to …
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CJ Group Chairman Lee Jay-hyun presides over this year’s management strategy meeting in Japan. (Photos: CJ)CJ Group Chairman Lee Jay-hyun presided over this year’s management strategy meeting in Japan to strengthen the ramp up of the group’s global field management. Such a meeting took place in t…
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CJ Group Chairman Lee Jay-hyun. (Photo: CJ)CJ Cheiljedang logged its best-ever annual sales and net profit last year with sales figures coming to 18.670,1 trillion won and net profit 925.4 billion won, up 13.3 percent and 124.5 percent, respectively, owing to its two leading sectors of operation, bi…
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LS Cable & System (LS C&S) Chairman Koo Cha-yup. (Photos: LS C&S)LS Cable & System (LS C&S) achieved the best performance in winning orders in five years from markets around the world, including Europe, the Middle East and Asia, last year. The Korean cable maker saw sales soar to…
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A slew of AmorePacific’s Sulwhasoo cosmetics in the Jinsul Line, a representative popular anti-aging cosmetics products made with the extracts from ginseng and red pines. (Photos: AmorePacific)Chairman Suh Kyung-bae of AmorePacific.Sulwhasoo, a luxury brand among AmorePacific’s anti-aging cosmetic…
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President Hur Sae-hong of GS Caltex Corp., 2nd L, is seen on a recent tour of a jobsite of the oil company.President Hur Sae-hong of GS Caltex traveled to the oil refinery’s research institute and the Yeosu Oil Refinery for the first time since taking over the oil refinery’s top office on Jan. 2, …
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LG Uplus Vice Chairman Ha Hyun-hoe (Photo: LG Uplus)LG Uplus took a step to signal the reshaping of the Korean pay TV broadcasting market. The nation’s No. 3 telecom service provider said on Feb. 14 the company will acquire a 50 percent stake plus one share in the cable TV operator CJ Hello, owned …
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Samsung SDS President Hong Won-pyo. (Photo: Samsung SDS)Samsung SDS, a system integration unit of Samsung Group, last year became the first Korean IT service company to post more than 10 trillion won in annual sales. On the back of rising revenues in IT services such as AI and smart factories, Samsu…
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Dong-A Pharmaceutical President Choi Ho-jin shakes hands with Minhwahyeop Chairman Kim Hong-geol after signing an MOU on the pharmaceutical company’s program for inter-Korea college students’ march across the Korean Peninsula at the Minwhahyeop Office in Mapo-gu, Seoul, on Jan. 22. (Photo: Dong-A …
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Hyundai Mobis devleoped a power generation system using a hydrogen fuel cell module to provide electricity at its fuel cell electric car parts plant in Chungju, Chungcheongbuk-do. Hyundai Mobis showcased a power generation system using a hydrogen fuel cell module to provide electricity at its fuel c…
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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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Korean and Vietnamese notables, including Minister of Land, Infrastructure and Transport Kim Yoon-deok, Vice Chairman of the Hanoi People’s Committee Trung Viet Dung, Daewoo E&C Chmn. Jung Won-ju, Chairman of the Vietnam Construction Association…
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Dignitaries, including Minister of Climate, Energy, and Environment Kim Sung-hwan and Samsung C&T CEO Oh Se-chul, attend a ceremony to dedicate Korea’s first off-grid green hydrogen production facility in Gimcheon, Gyeongsangbuk-do, on March 25.…
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Minister Kim Yun-duk of the Minstery of Land, Infrastructure and Transport (MOLIT) meets with Daewoo E&C Chmn. Jung Won-ju to discuss matters related to the site preparation work of the Gadeok Island new airport construction project at Seoul Nati…
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