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Samyang Business Group is striving to reshape itself into a global R&D innovation corporation, particularly in pharmaceuticals and bio sectors. The business group plans to establish an R&D center in the new satellite city of Pangyo, Seongnam, Gyeonggi Province, by 2014 with an investmen…
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Kia Motors’ K9 has made its debut in Korea, making the market for domestic premium cars a hotly contested one. The nation’s second largest automaker held a ceremony to launch the K9 sedan at the Seoul Grand Hyatt Hotel on May 2. Among the more than 100 people on hand at the ceremony were Hyun…
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Doosan Corp. CEO Park Yong-man took office as the chairman of the Doosan Business Group at an inauguration ceremony in Seoul on April 2, taking over the leadership from Chairman Park Yong-hyun. In his inaugural speech at the Doosan Leadership Institute in Gil-dong, Gangdong-gu, the new Doosan G…
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SK Group has jumped into the race to take over Elpida Semiconductor Co. in Japan, which has been looking for a new owner since its bankruptcy last year.SK Hynix Semiconductor submitted its intention to join the bidding for the bankrupt Japanese chipmaker on March 30, in competition with a number of …
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Vice Chairman Suh Seung-hwa of Hankook Tire Co.Hankook Tire has been named the top company in the National Brand Competitiveness Index compiled by the Korea Productivity Center for four years in a row.The tire maker won the top spot in such areas as marketing activities, brand-name recog…
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Hanjin Express has been steadily expanding its home delivery operation with tailor-made services and a strengthened global network for the delivery of goods, particularly in the United States, with the segregated services to its customers securing a unique competitive edge over its rivals. The compa…
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CJ Group took over Korea Express Co., the largest logistics firm in Korea, last year through a public bid under the group’s plan to make the logistics business its future growth engine, along with CJ GLS to lead the group’s future growth. Chairman Lee Jae-hyun revealed the group’s master plan at …
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LS Group Chairman John Koo received the Businessman of the Year Grand Prize from the Korean Academic Society of Business Administration (KASBA), which held a plenary session at Korea University on Feb. 17.Every year, KASBA awards the coveted Businessman of the Year Grand Prize to an entrepreneur rec…
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( from left) POSCO Chairman & CEO Chung Jung-yang, President & CEO Park Han-yong, President Kwon Oh-joon,; POSCO E&C Vice Chairman Chung Dong-hwa, POSCO Energy President Oh Chang-gwan, POSCO P&S President Kwon Young-tae, and POSCO A&C CEO Lee Pil-hoon,POSCO Research Institute Pre…
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POSCO CEO Chung Joon-yang, Deputy Minister Le Duong Quang of Vietnam’s Ministry of Industrial Trade, Vice Chairwoman Phan Thi My Thanh of Dongnai Province, and Korean Ambassador to Vietnam Ha Chan-ho participate in a ceremony to complete a stainless cold-rolled steel factory within the Nhon Trach I…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group recorded a net profit of 1.1324 trillion won in the third quarter, a 2.1% decrease from the same period of 2024. Its cumulative net profit for the …
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President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on Nov. 3 that it will pilot its AI Moli Bank Service. AI Moli Bank is a digital bank branch powered by the core technologies and operational know-how of Shin…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group announced its Q3 2025 business results on Oct. 30. Despite declining interest rates, KB Financial Group’s third-quarter net income reached 1.686 trilli…
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NongHyup Financial Group holds the “Love Kimchi Sharing” Event in Wangdaechu Village, Hongcheon-gun of Gangwon Province with the participation of NongHyup Chairman Lee Chan-woo, employees and villagers on Nov. 11. (Photo: NongHyup Financial Group)N…
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