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Vice Chairman Kwon Oh-kap of Hyudai Heavy Industries Group. (Photo: HHI)
Hyundai Heavy Industries (HHI) suffered about 5 trillion won in operating losses between 2014 and 2015 due to the slumping global shipbuilding industry. In September 2014, Hyundai Oil Bank President Kwon Oh-kap was appointed t…
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A group of dignitaries are lined up at a ceremony to open the Very(AJU) Good Dream Site at the site of the old home of late Chairman Moon Tae-shik, the founder of Aju Group for the children of the region led by Chairman Moon Gyu-young who led the project in mermory of his late father. The group incl…
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Chairman Cho Hyun-joon of Hyosung Group who has been named as chairman of the board recently. (Photos: Hyosung)
Chairman Cho Hyun-joon of Hyosung Group has been named chairman of the board on July 20, succeeding former Chairman Cho Suk-rae, who retired on July 14, completing the third generation ta…
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Samsung SDS, the nation’s largest IT service provider, has decided to jointly set up a “cloud innovation lab” with the world’s largest software company, Microsoft. On top of Samsung SDS, LG CNS and SK E&C, two of the Big Three Korean IC service providers are scrambling to forge cloud allia…
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Hyundai Heavy Industries (HHI) Group, the world’s largest shipbuilding company, announced on July 26 that it secured 1 trillion won to date this year as a part of the 3.5 trillion won Management Improvement Plan it has been implementing since June 2016 in an effort to rebuild trust in the market …
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President Koh Dong-jin of the Wireless Business Sector of Samsung Electronics Co. explains recently the Galaxy S8 handphone model just put on the market by the electronics giant.(Photo: Samsung Electronics)
Samsung Electronics kept its position as second biggest intellectual property rights r…
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The CEO of a tertiary cooperative company of Hyundai Motor worried about additional costs following the government’s decision to raise the country’s minimum wage.
But he was soon relieved upon hearing the news that Hyundai Motor and Kia Motors would provide financial support to their seco…
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Key executives of Hyundai Motor and Hyundai Capital, the two core affiliates of Hyundai Motor Group, hold a copy of MOU they signed to jointly enter the car sharing service on Aug. 6 through Deal Car, a joint-venture firm.
Hyundai Motor and Hyundai Capital, two affiliates of Hyundai Motor Group, ha…
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POSCO Chairman Kwon Oh-joon
POSCO has once again been named the world’s No. 1 steelmaker. Global steel information service provider World Steel Dynamics (WSD) announced the World-Class Steelmaker Rankings on June 13 in New York. POSCO has topped the list as the world’s best steelmaker for the eig…
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Japan Lotte Holdings held a regular shareholders’ meeting on June 24 in Japan to approve a reshuffle retaining Lotte Group Chairman Shin Dong-bin (center) and eliminating (left Lotte Group founder Shin Kyu-ho and ex-vice chairman Shin Dong-ju.
Lotte Group founder Shin Kyuk-ho has stepped down from…
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A poster to publicize a national briefing session on the three mega projects “for Korea’s Great Leap Forward” at the State Guest House of the Cheong Wa Dae on June 29. (Photo on the courtesy of the Office of the President)The Korean government wil…
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Min Hyung-bae, mayor of Jeonnam-Gwangju Special Metropolitan City, takes the oath of office at Main Assembly Hall of the City Council in Muan on July 1. (Photo: Jeonnam-Gwangju Special Metropolitan City)Min Hyung-bae, went down in history as the firs…
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Gyeongju Mayor Joo Nak-young explains the direction of city administration, including growth strategies to lead the future of Gyeongju and a vision for the next four years, in a meeting with reporters at Alcheon Hall in Gyeongju City Hall on July 15.…
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Seoul Mayor Oh Se-hoon delivers his inaugural address during the 40th Seoul Mayor’s inauguration ceremony at Seoul City Hall on July 1.On the first day of his fifth term in office, Seoul Mayor Oh Se-hoon again brought up ‘youth’ as the key keyword…
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