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CJ CheilJedang posted 18.7 trillion won in sales in 2022, up 19.3 percent year-on-year, and 1.2 trillion in operating profit, up 7.6 percent year-on-year on the back of the continuous rise of its global businesses, such as “K-food” and biotech. The figures excluded CJ Logistics.CJ CheilJedang…
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HD Hyundai Chairman Kwon Oh-gap poses with Minister Lee Chang-yang of the Ministry of Trade, Industry and Energy after the former was presented with the Order of Industrial Merit, Gold Tower at a ceremony to celebrate the 50th anniversary of Commerce Day at the Korea Chamber of Commerce and Industry…
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A view of three new products under the lineup “Anjuya Meoktaeyeolpung,” released by Daesang Chungjungone in an easy-to east format. Daesang Chungjungone launched new products under the lineup “Anjuya Meoktaeyeolpung” — “Meoktaeyeolpung Ganjang Teriyaki,” (soy sauce) “Meoktaeyeolpun…
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A view of Sulwhasoo’s First Care Activating Serum VI.Amorepacific is expected to fully overcome the sagging business caused by the COVID-19 pandemic. As the beauty market is mounting a comeback, Amorepacific saw its operating profit for the 4th quarter of 2022 surge more than 40 percent over t…
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Chairman Park Sung-hyo of the Small Enterprise and Market Service (SEMAS) explains on policy support to traditional markets and listens to demands from representatives of the Daejeon Central Traditional Market on Jan. 11.The Small Enterprise and Market Service (SEMAS) has been highlighted as a stron…
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Samsung Electronics chalked up 302.23 trillion won in sales last year, representing the best-ever annual business performance, renewing a record previously set in 2021. Samsung Electronics on Jan. 31 reported financial results for the fourth quarter and the fiscal year 2022.The company posted 7…
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Hyundai Motor Group, which achieved its best-ever business performance last year, is now poised to become a global top-three electrification company. Hyundai Motor and Kia Motors, setting greater sales goals for this year, is stepping on the gas to become a global top-tier. Hyundai Motor G…
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Lotte is opening Lotte Mall Hanoi in Tay Ho, the new city of Hanoi, in August. The shopping mall will have 23 floors with two basement floors and about 350,000 sq. meters in floor space. A bird’s-eye view of Lotte Mall Hanoi. (Photo: Lotte E&C)Lotte Group is stepping on the gas to create a “Ne…
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Chairman Koo Ja-eun of LS Group sticks a badge on the chest of one of the year 2023 freshmen employees at LS Future Institute in Anseong City, Gyeonggi-do, on Jan. 19. Chmn. Koo has been managing “LS Futurists” to achieve the “Vison 2030.” (Photos: LS)LS Group is accelerating efforts to explore …
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Hallyu (Korean Wave) afficionados fill the “bibigo Food Street,” opened by CJ Cheiljedang on the sideline of the KCOIN 2022 LA Festival held in Los Angeles last year. (Photo: CJ Cheiljedang)CJ Cheiljedang is accelerating efforts to expand the new K-food global market scope by actualizing the entry…
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Chairman & CEO Shin Chang-jae of Kyobo Life Insurance. (Photos: Kyobo Life Insurance)Kyobo Life announced on Aug. 7 that a complex underwriting rider included in Kyobo K-Customized Health Insurance (non-participating, complex underwriting type) a…
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Chairman Kim Chul-ju of the Korea Life Insurance Association (KLIA). (Photo: KLIA)From now on, customers will no longer need to personally obtain and submit a family relationship certificate during the processes of signing up for insurance policies, …
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Hwang Ki-yeon, president of Korea Eximbank, pose with Bill Gates, founder of next-generation nuclear power company TerraPower on Aug. 14. (Photo: Korea Eximbank)Hwang Ki-yeon, president of the Export-Import Bank of Korea (Korea Eximbank), met with Bi…
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Chairman Yang Jong-hee of KB Financial Group. (Photo: KB Financial Group)KB Financial Group’s net profit for the first half of 2026 stood at 3.8846 trillion won, an increase of 13.1% compared to the same period of 2025. Its ROE was 14.09%. Desp…
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