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Chairman Suh Kyung-bae of AmorePacific Group.(Photo Courtesy:AmorePacific: article by SK Lee)AmorePacific Group recorded a 14 percent boost in its sales revenue in 2013 thanks to a jump in profits in its overseas operations with sales rising to 3.895 trillion won and operating profit climbing to 469…
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(left) Samyang Co. has signed a deal to set up a joint-venture company to produce ion exchange resion. (right) Samyang Group Chmn. Kim Yoon, recently elected as the chairman of the Korea-Japan Economic Association.(Photos: Samyang Grouparticle by SKL)Samyang Co. and Mitsubishi Chemical Co.…
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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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CEO Anwar A. Al-Hejazi of S-OIL. (Photos: S-OIL)To mark its 50th anniversary, S-Oil is boosting its petrochemical competitiveness and accelerating the establishment of a foundation for future growth, centering on the Shaheen Project.On June 28, in ho…
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Chairman Kim Sung-jin of Korea Power Exchange (KPX) delivers his inaugural speech as he took office at an inauguration ceremony at KPX headquarters in Naju, Jeollanam-do, on May 6.As Chairman Kim Sung-jin of Korea Power Exchange (KPX) took office, he…
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Dignitaries, including Vice Minister Moon Shin-hak of the Ministry of Trade, Industry and Resources, KOSA Chairman Jang In-hwa, POSCO President Lee Hee-geun, President Lee Bo-ryong of Hyundai Steel, President Choi Sam-young of Dongkuk Steel, Chmn. Kw…
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President Ha Dong-geun of Korea District Heating Corp. (Photos: KDHC)Korea District Heating Corporation (KDHC) announced on May 28 that it was selected as an “excellent” enterprise for enhancing corporate value in 2026 by the Korea Exchange (KRX) a…
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