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President Nasser Al Mahasher of S-Oil.(Photo:S-Oil:article by SKL)S-Oil has been named the priority bidder by United Petroleum (UP), an oil retailer in Australia, to buy a stake in UP, S-Oil said recently.
The oil refiner in Korea said it participated in a bidding for a stake in UP and won exclusiv…
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Chairperson Choi Eun-young of Hanjin Shipping Co.Chairperson Choi Eun-young of Hanjin Shipping Co. has decided to turn over the company’s major areas of operation including the container shipping, bulk shipping, and harbor terminal operations to Hanjin Group and step down from managing the shipping…
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New President Pyo Hyun-myung of KT Kumho Rent-a-car (photo: courtesy of KT Kumho Rent-a-car, article by S. Y. Kim)KT Kumho Rent-a-car held a board of directors meeting and a shareholders’ meeting on Feb. 13 and approved the appointment of former KT Telecom & Convergence President Pyo Hyun-myung…
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A scene from the construction site of a 73-storey Wilshire Grand Center being built by Korean Air where a number of dignitaries gathered to hold a ceremony including L.A. Mayor Eric Garcetti, Chairman Cho Yang-ho of Korean Air and President A.C. Martin of AC Martin Partners, architect firm…
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POSCO Chairman-desigante Kwon Oh-joon
POSCO President and CTO Kwon Oh-joon has been nominated as the next chairman of POSCO, succeeding retiring Chairman Chung Joon-yang.
In a meeting on Jan. 16, POSCO’s board unanimously approved Kwon, 63, who was recommended by the CEO Succession Council and he…
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Samsung Group Chairman Lee Kun-hee
The phrase “Breaking Through the Limitations” popped up on Samsung Group’s intranet on the morning of Jan. 2 when the group held its New Year’s gathering at Shilla Hotel in downtown Seoul. The business buzzword also hung on the wall at the rostrum when the g…
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Yoon Boo-geun, president of Samsung Electronics Home Electronics Division, explains the “future home” at a news conference of CES 2014 in Las Vegas on Jan. 6.
Samsung Electronics announced on Jan. 1 the release of its 2014 Samsung Smart Control, the updated version of its Smart TV remote con…
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85” Bendable UHD TVSamsung Electronics Co., Ltd., the leader in TV technology for 8 years, announced on Jan. 8 it will bring its newly introduced 105” U9500 Curved Ultra High Definition (UHD) TV and 85” U9B Bendable UHD TV to consumers in the second half of 2014. Following the unveiling of these …
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Hyundai Motor Group Chairman Chung Mong-koo gives a speech at a ceremony to kick off the new year at the group's head office in Yangjae-dong, Seoul, on Jan. 2.
Chairman Chung Mong-koo of Hyundai Motor Group said the automaker will produce 7.86 million autos and market them around the world thi…
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SK SUPEX Committee Chairman Kim Chang-keun
SK SUPEX Committee Chairman Kim Chang-keun, in his New Year’s message, said, “SK Business Group aims at reaching 300 trillion won in its corporate value during this year in accordance with its new management system dubbed Separate & Together 3.0 Regi…
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President Lee Jae-myung shakes hands with Chinese President Xi Jinping prior to their summit talks at the Gyeongju National Museum on Nov. 1. (Photos on the courtesy of the Presidential Office)APEC 2025 Korea, which took place over a four-day run in …
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CEO Kang Yong-seok of Korea Marine Environment Management Corp. (KOEM) poses with attendees as they participated in the “Ocean Climate Change Surveillance and Prediction Forum” at Kensington Hotel in Yeouido, Seoul, on Oct. 22.Korea Marine Environm…
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Geyongsangbuk-do Gov. Lee Cheol-woo. (Photos: Gyeongsangbuk-do)The Gyeongsangbuk-do provincial government has unveiled next year’s 14,036.3 billion won budget plan, focusing on investments in five core areas by capitalizing on the successful hosting…
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President Jung Ki-suck of the National Health Insurance Service poses for a group photo with other attendees as they participated in the “NHIS UHC Global Academy 2025” at the Oak Valley Resort in Wonju, Gangwon-do, which took place from Nov. 3 unti…
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