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Toray Advanced Materials Korea Chairman Lee Young-kwan shakes hands with Jeollabuk-do Gov. Kim Wan-joo after announcing a plan for Japan¡¯s Toray Industries and its Korean unit to invest 300 billion won to build a plant capable of producing polyphenylenesulfide (PPS) resin and compound dev¡¦
LG U+ has made a feat of achieving a net increase for the eighth straight month over its rival telecom service providers in the mobile phone number portability and carrier switching market.  KT, competing with LG U+  over the number two position in the G4 LTE (long-term evolution) servi¡¦
Dignitaries attend a ceremony to launch Incheon International Airport¡¯s second passenger terminal project on Sept. 26President Jung Chang-soo of Incheon International Airport Corp. (IIAC) speaks at the event.  Incheon International Airport¡¯s second passenger terminal project to cope with ris¡¦
President Park Jae-euk of Chunil Cargo Transportation Co., concurrently chairman of the K orea Integrated Logistics Association (photos: Chunil Cargo Transportation) The following is an excerpt of an interview with President Park Jae-euk of Chunil Cargo Transportation Co., who is also cha¡¦
New Chairman Kim Yong-keun of the Korea Automobile Manufacturers Association.(photo courtesy of KAMA) The Korea Automobile Manufacturers Association (KAMA) board of directors elected Kim Yong-keun, former president of the Korea Institute for the Advancement of Technology (KIAT), as its new c¡¦
   The government plans to expand support to accelerate the development of free economic zones (FEZs), but to dramatically phase out FEZ areas whose development is sagging. MOTIE Minister Yoon Sang-jick presided over the 59th Session of the FEZ Committee on July 3 and approved the first F¡¦
Chairman Chung Mong-koo gives his celebratory speech at a ceremony for the dedication of the third blast furnace at the Hyundai Steel Complex in Dangjin, South Chungcheong Province on Sept. 13.(photos:  Hyundai Stee)   Sept. 13, 2013 is a memorable day for Hyundai Steel¡¯s D¡¦
Kumho Tire Central Research Institute boasts of the industry¡¯s top-rated super computer, state-of-the-art physical testing equipment, chemical testing and instrumental analysis facilities, and characteristic research testing systems.  Kumho Tire has become the first Korean tire ¡¦
Hyundai Wia President Chung Myung-chul (photo: Hyundai Wia)Hyundai Wia is turning to the localization of turbochargers. The subsidiary of Hyundai Motor-Kia Motors Group has thrown down the gauntlet against global turbocharger makers, including Honeywell and BorgWarner, both of the United States¡¦
  Chairman Park Yong-maan of Doosan Group delivers his inauguration speech at a ceremony on Aug. 21 at Seoul Chamber of  Commerce and Industry as new chairman. The SCCI chairman automatically assumes chairmanship at the Korea Chamber of Commerce and Industry.(Photos:KCCI)&nb¡¦
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Economy/Finance
Chairman Jin Ok-dong delivers greetings at the 24th Annual General Meeting of Shareholders at Shinhan Financial Group¡¯s headquarters in Seoul, on March 26. (Photos: Shinhan Financial Group)Shinhan Financial Group Chairman Jin Ok-dong said on March 2¡¦
On March 27, Hana Chairman Ham Young-joo visits a small restaurant to donate a high-efficiency air conditioner as part of his first act after starting his second term. (Photos: Hana Financial Group)Hana Financial Group announced in late March that it¡¦
Chairman & CEO Shin Chang-jae of Kyobo Life Insurance. (Photo: Kyobo Life Insurance)Kyobo Life announced on March 21 that it has been designated as a trustee of the Financial Services Commission (FSC)¡¯s Innovative Financial Services Project, "Ai¡¦
Lee Chan-woo, chairman of NongHyup Financial Group. (Photos: NongHyup Financial Group)¡°Unless we innovate now, there is no bright future for NongHyup Financial Group,¡± said Lee Chan-woo, chairman, in a meeting with NongHyup subsidiary employees on ¡¦


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