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Chairman Chung Mong-koo of Hyundai Motor Group.An array of new car models to be introduced to the auto market in Korea and abroad this year in a bid to achieve the group’s sales target for this year set at 8.2 million units.
(Photos:Hyundai Motor Group)"As the market moves from bad to worse,…
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Samsung Electronics Vice Chairman Lee Jay-yong (Photo:Samsung Electronics)
Samsung Electronics has a two-track strategy: Ramping up its global competitive edge in mainstay businesses this year and maintaining a market leadership in advanced countries and emerging markets. The Korean electronics com…
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Chairman Kwon Oh-joon of POSCO.
POSCO finally got the Chinese authority’s approval on May 22 for its project to build a steel plant in Chongqing in China with the Finex steel making technology that produces crude steel without the use of a traditional blast furnace, the steel maker said on May 27.…
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Samsung Electronics Vice Chairman Lee Jay-yong.(Photo:Samsung Electronics)
Samsung Electronics Vice Chairman Lee Jay-yong, the heir-apparent and only son of the ailing Samsung Group Chairman Lee Kun-hee, moved closer to taking the helm of the conglomerate. Cheil Industries and Samsung C&T Corp.…
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Hyundai Motor Group Chairman Chung Mong-koo receives an honorary engineering doctorate from his alma mater, Hanyang University from Hanyang University President Lee Young-moon on May 29. Hyundai Motor Group Chairman Chung and Hanyang University officials attend a ceremony to dedicate the Chung Mong-…
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Dignitaries participate in a ceremony to open the first phase of Hyundai Mobis’ project to build so-called Mir Woods in Jincheon, Chungcheongbuk-do. Hyundai Mobis’s Mire Woods project opens a new chapter in corporate social responsibility. (Photos:Hyundai Mobis)
The first phase of Hyundai Mobis’…
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Kumho-Asiana Business Group Chairman Park Sam-koo. Kumho-Asiana Group reacquires Kumho Buslines.(Photo:Kumho-Asiana Group)Chairman Park Sam-koo of Kumho Asiana Group has succeeded in reacquiring Kumho Buslines, a predecessor of the group, whose management rights were handed over to creditors f…
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Chairman Chey Tae-won of SK Group.(Photo:SK Group)
SK Group has been considering to sell off SK Lubricants as part of its restructuring of its energy sector of its affiliates, one of the three main sectors of its operation, together with the SK Telecom and SK Hynix, but has been faced with major pr…
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OCI CEO Lee Woo-hyun.
OCI has made inroads into the lucrative Chinese distributed photovoltaic power generation market with the goal of becoming a global green energy leader. The company plans to beef up marketing activities by cashing in on the local network it has so far accumulated.
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President Jung Sung-leep of Daewoo Shipbuilding & Marine Engineering Co.A view of DSME’s Okpo shipyard in Geoje, Gyeongsangnam-do.(Photos:DSME)
Daewoo Shipbuilding & Marine Engineering Co. (DSME) President Jung Sung-leep indicated his determination to push ahead with massive restructuring …
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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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