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Lotte Group Chairman Shin Dong-binLotte Group Chairman Shin Dong-bin unveiled a plan to raise its annual investments by 40 percent in a meeting with reporters following a New Year meeting of businessmen at the Korea Chamber of Commerce & Industry (KCCI) on Jan. 5.Later, the group officially anno…
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Hyundai Motor Group Chairman Chung Mong-kooHyundai Motor Group will invest 14.1 trillion won this year into the group, up 15.6 percent from 12.2 trillion won last year, the group said recently. The huge increase in investments reflects Chairman Chung Mong-koo's idea that investment should be increas…
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Chairman Lee Kun-hee of Samsung GroupSamsung Chairman Lee Kun-hee in his address at the group's New Year ceremony held at Hotel Shilla in Seoul on Jan. 2, said the group will do all it can for the good of society as a member of society, since its power derives from society.The top executive of the n…
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Minister Rim Che-min of the Ministry of Health & Welfare delivers his speech at a ceremony to launch the ministry's 2012 business year.Minister Rim Che-min of the Ministry of Health & Welfare (MW) said, "The government will push ahead with measures to address health, medical, and social welf…
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Minister of Knowledge Economy Hong Suk-woo attends a meeting with the nation's top 30 business group leaders at the Seoul Renaissance Hotel on Jan. 13.The nation's top 30 conglomerates have decided to set aside a combined 151.4 trillion won in investments and create 123,000 new jobs during this year…
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CEO Hur Sae-hong of GS Caltex talks with GS Caltex staff members at GS Tower in Gangnam-gu, Seoul. (Photo: GS Caltex)GS Holdings said in an electronic notice released on May 13 that the holding company of GS Group posted 6,842.4 billion won in revenu…
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CEO Anwar A. Al-Hejazi of S-OIL. (Photos: S-OIL)S-OIL chalked up more than 1.2 trillion won in operating profit on the back of inventory profit, caused by crude oil price hikes for the first quarter of this year, in results that surprised analysts.Pr…
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Chairman Chang Sae-joo of Dongkuk Steel Group. (Photos: Dongkuk Steel Group)Dongkuk Steel announced on April 24 that it posted sales of 857.2 billion won, an operating profit of 21.4 billion won, and a net profit of 6.2 billion won in the first quart…
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Chairman Park Gee-won of Doosan Enerbility. (Photos: Doosan Enerbility)Doosan Enerbility said on April 23 that major Doosan Enerbility executives, including Chmn. Park Gee-won, embarked on efforts to promote cooperation to participate in a new power …
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