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Vice Chairman Huh Jin-soo of GS Caltex.
GS Caltex has been focusing on the development of Biobutanol as a new next generation -environment friendly fuel oil among its R&D activities at its Technology Institute in the Yeosu Oil Refinery Complex in Yeosu, South Jeolla Province, which was set up t…
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President Jun Dong-soo of Samsung SDS.(Photos:Samsung SDS)
Samsung SDS is accelerating its efforts to restructure its business portfolios to enhance corporate values as the system integration unit of Samsung Business Group, which plays a pivotal role in corporate governance of Samsung Business Grou…
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SK Telecom’s acquisition of CJ Hellovision, the nation’s No. 1 cable TV company, may be construed as part of the nation’s largest telecom service provider’s strategy to solidify the media business the company seeks to nurture as a next-generation growth engine. The acquisition will likely earn…
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President Kwon Young-soo of LG Chemical Co.
LG Chemical signed a deal with Tesla Motors Inc. to supply batteries to its Roadster, an electric car that Tesla Motors launched in 2010. The production of the Roadster ceased in 2012, but Tesla is in the middle of talks with the owners of the Roadster to…
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Chairman Park Gee-won of Doosan Heavy Industries and Construction Co.
Doosan Heavy Industries and Construction Co. is very likely to clinch 10 trillion won worth of projects this year as the company continues to capture 1,000 mega-watt thermal power plant projects, Doosan said recently.
It will be…
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Shinsegae DF, a new affiliate of Shinsegae Group, set up to manage a duty free shop, plans to invest some 53 billion won in tourism infrastructure and commercial facilities over the next five years to give a boost to tourism in the heart of Seoul.
Recently Shinsegae won a license to operate…
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President Baek Bok-in of Korea Tobacco and Ginseng Co.(KT&G) delivers his inaugural speech at a ceremony held at KT&G on Oct. 7.(Photo:KT&G)
Baek Bok-in, vice president of Korea Tobacco and Ginseng Corp., has been promoted to take over as president of the state-run monopoly after shareh…
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Chairman Kwon Oh-joon of POSCO.
POSCO plans to boost its R&D in steel technology by expanding investments in the sector to catch up with Japanese steel makers, and at the same time stay ahead of Chinese steel makers, who have been growing fast. POSCO’s top management felt that the steel maker …
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Samsung Group Chairman Lee Kun-hee.
Samsung Group said on Oct. 22 that its executives will donate 25 billion won to Youth Hope Fund Korea, a charity designed to create jobs for youth.
The group said 20 billion won will be donated in the name of Samsung Group Chairman Lee Kun-hee, who is still in h…
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Vice Chairman Chung Ui-sun of Hyundai Motor Group.(Photos:Hyundai Motor Group)
Hyundai Motor Group has decided to spin off its Genesis passenger car unit as an independent car maker to compete in the global brand-name car market currently dominated by Lexus, Audi, BMW and Mercedes.
Vice Chai…
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Minister Hwang Jong-woo of the Ministry of Oceans and Fisheries (MOF), Vice Mayor Hwang Ki-yeon of Jeonnam-Gwangju Special Metropolitan City, and Gwangyang Mayor Park Sung-hyun and President Choi Kwan-ho of Yeosu Gwangyang Port Authority participate …
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On Aug. 29, the government’s KDRT boards a helicopter for a search operation at a helipad of Kathmandu Airport, Nepal. (Photo: Ministry of Foreign Affairs)At 8:37 AM on Aug. 26, 2026, a massive glacier collapse occurred near the border between Nepal…
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KBIZ Standing Vice Chmn. Oh Ki-ung, ISPF Chmn. Ahn Kyung-duk and President Lee Byung-hee of Korea Labor Research Institute pose for a photo as they attended a policy debate on eliminating of industry safety gap among large-sized companies and SMEs at…
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President Byeon Jae-young of Ulsan Port Authority (UPA) signs a tripartite MOU with Royal Wagenborg and Korea Overseas Business Corp. to invigorate arctic shipping routes at BPA president’s office on Aug. 4.Ulsan Port Authority (UPA) said on Aug. 20…
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