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Business/Company
Chairman Kwon Oh-joon of POSCO.(Photo: POSCO) POSCO has tapped Kwon Oh-joon to serve another three-year term as its chairman and CEO. The steelmaker¡¯s board at its meeting on Jan. 25 agreed to retain him for another term. His nomination will become official after it gains approval at a shareholder¡¦
(from left) New President Sung Sang-rok, New Senior Executive Vice President Chung Young-chul, New Senior Executive Vice President Park Soo-nam(from left) New Senior Executive Vice President Yang Seung-wook, New Deputy Director Jang Woong-joon, New Executive Vice President Cho Mi-jin (Photos: Hyunda¡¦
SK Group Chairman Chey Tae-won deliver a speech at a ceremony to kick off the 2017 business year at the group¡¯s headquarters in Seoul. (Photo: SK Group) SK Group¡¯s move to acquire a stake in a Chinese livestock enterprise is consistent with the group¡¯s strategy to foster new growth engines by co¡¦
LG Chem Vice Chairman Park Jin-soo. LG Chem is mass-producing an advanced material that is 100 times stronger than steel and possesses higher heat and electrical conductivity. The step is part of the company¡¯s strategy to shift the paradigm to a focus on value-added product portfolios since the co¡¦
CJ¡¯s Bibigo Mandu (Dumpling) put on the Chinese market. CJ Jeiljedang chalked up the best operating profit in its history, led by its mainstay food business. The bio and feed & livestock businesses also saw better business performances. CJ Logistics, a subsidiary of CJ Jeiljedang, surpassed 6 ¡¦
Chairman Park Jong-won of Doosan Group. All of Doosan Group¡¯s affiliates were profitable last year, despite a general downturn sweeping the world.  The group has been trying to maintain its upward trajectory and seek new growth engines with a solid financial structural base. Doosan Heavy Ind¡¦
A view of Hanwha Techwin¡¯s booth at the Eurosatory 2016, the largest land and air-land defense trade show in Paris, France in which homegrown self-propelled artillery K-9 is displayed.A view of Q CELLS¡¯ pavilion at the PV EXPO 2016 in Tokyo in which the company showcases leading Technologies. (Pho¡¦
Chairman Cho Hyun-joon of Hyosung Group.(Photo: Hyosung Group) Hyosung chalked up more than 1 trillion won in operating profit in 2016, the first time it surpassed the milestone since its founding in 1966. Hyosung has maintained steady growth in all businesses ranging from conventional mainstay syn¡¦
Vice Chairman Kwon Oh-gap of Hyundai Heavy Industries. Hyundai Heavy Industries, which is due to split its corporate structure in April, had a very good fourth quarter last year, with operating profit rising with the positive news that the U.S. marine plant market has been improving. Unlike shipbu¡¦
Lotte Chemical CEO Huh Soo-young.(Photos: Lotte Chemical) Lotte Chemical has risen to the No. 1 position in the Korean petrochemical business industry after overtaking LG Chem in operating profit for the first time since its founding in 1976.  The company¡¯s strategy to go all out in the petr¡¦
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Policy/Politics
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¡¦
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¡¦
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.¡¦
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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