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Undersea cables, produced by LS Cable & System’s Donghae plant, which weigh 6,600 tons and stand at 100 km in length, are delivered to Qatar aboard a ship.(Photo:LS Cable & System) LS Cable & System (LS C&S) has won a $45 million underground cable contract from Singapore PowerGrid.…
Chairman Shin Dong-bin of Lotte Group.(Photo: Lotte Group) "Don’t fear failure. Continue to go out of the country for business,” urged Chairman Shin Dong-bin of Lotte Group as soon as he was named head the 5th biggest business group in Korea in 2011, taking over from his father, whose title was c…
A  view of a Lotte Chemical plant in Yeosu, S. Jeolla Province, producing 680,000 tons of  polyethylene annually.(Photo:Lotte Chemical) Lotte Chemical Corp. took its first steps in the petrochemical business through the Yeosu Petrochemistry Industrial Complex in 1976. This led to the grow…
Kumho Petrochemical Group Chairman Park Chan-koo.Kumho Petrochemical Group is expanding its business portfolios to wind power generation. (Photos:Kumho Petrochemical) Kumho Petrochemical has forged a strategic alliance with Unison to enter the wind power generation market. Kumho Petrochemical’s i…
President Yoon Kyung-eun of Hyundai Securities Co.(Photos:Hyundai Securities)CEO Yoon Kyung-eun of Hyundai Securities, left, shakes hands with President Kim Il-soo of Wisdomain after signing an MOU on the development of solutions for investors to invest in the shares listed companies considered unde…
Chairman Chung Mong-koo meets with a number of officials of Kia Motors auto plant in Mexico during his recent visit to inspect the auto maker’s operation in the Latin American country with the auto maker getting ready to kick off the sale of its cars throughout Latin America as Mexico as its base f…
Vice Chairman Woo Yoo-cheol of Hyundai Steel Co.(Photo:Hyundai Steel) Vice Chairman Woo Yoo-cheol of Hyundai Steel said the steelmaker should be a fast mover rather than a “fast follower” in his congratulatory speech to celebrate its 62nd anniversary on June 10. The vice chairman said that this …
Samsung Electronics Vice Chairman Lee Jae-yong. Samsung Electronics Vice Chairman Lee meets with Google CEO Larry Page at Samsung Electronics’ headquarters in Seocho-dong, Seoul.(Photos:Samsung Electronics) One year has passed after Samsung Group Chairman Lee Kun-hee left management following a st…
Vice Chairman Lee Hae-wook said to be ready to assume top management of Daelim Industrial Group.(Photo:Daelim Industry) Daelim Industrial Group has been speeding up its plan to have the grandchildren of its founders take over its management, with Vice Chairman Lee Hae-wook at the helm. At its boar…
  New President-CEO Kim Hee-chul of Hanwha Total  /   New President Hong Jin-soo of Hanwha General Chemicals(Photo:Hanwha Group) By acquiring Samsung’s two chemical units, Hanwha Group has become the nation’s largest petrochemical group. Hanwha now has 21.173 trillion won wort…
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Policy/Politics
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 …
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…
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…
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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