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KEPCO President Cho Hwan-eik. (Photo: KEPCO) President Cho Hwan-eik of Korea Electric Power Corp. (KEPCO) is certain to be reelected for one more year for the second time after finishing his initial three-year term at a regular meeting of KEPCO’s board of directors slated for March 21.   Whe…
President Lee Kwan-sup of Korea Hydro & Nuclear Power Co.(Photos: KHNP) Korea Hydro & Nuclear Power (KHNP) has designated 2017 as the first year to make a leap forward by expanding its global presence. Last year, KHNP signed a $600 million Operating Supporting Services Agreement (OSSA) for …
KPX President Yoo Sang-hee. Korea Power Exchange (KPX) has begun to allow the transaction of renewable energy certificates (RECs) on the photovoltaic power that individuals and companies generate, which are put on the block, in accordance with the government’s policies to promote the new and renew…
Hyundai Motor Group Vice Chairman Chung Ui-sun test-drives Hyundai Motor’s self-driving car IONIQ at the CES 2017 in Las Vegas. Hyundai Motor Co. jumped 13 spots to the 6th and Kia Motors Co. rose to 11th in the U.S. vehicle dependability study index. The two Korean automakers rose to their highes…
LG Chem Vice Chairman Park Jin-soo. (Photo: LG Chem)LG Chem aims to be among the top five chemical companies in the world. To this end, the company plans to expand its business portfolio to include core business areas such as basic materials, battery, information electronics and life science, reinfo…
KDHC President Kim Kyung-won makes an inspection tour to examine the vulnerabilities during the thawing season. The Korea District Heating Corp. (KDHC) raised heating charges by 2.14 percent (consumers’ fares by 2.4 percent) effective March 1. Other community energy companies are expected to follo…
KEPCO President Cho Hwan-eik, recently reelected for one year in the second straight year, after finishing his initial full term. (Photo: KEPCO) Before and after the lunar New Year holiday on Jan. 28, Korea Electric Power Corp. (KEPCO)’s nuclear power technology export team has been humming with o…
KOMIPO President Chung Chang-kil and other executives vow their determination to realize a vision of no shutdowns at any of its units this year at a rally at the KIMIPO headquarters in Boryung, Chungcheongnam-do, on Jan. 9. (Photo: KOMIPO) Korea Midland Power Co. (KOMIPO) executives and senior offi…
President Kim Yong-jin of Korea East-West Power (EWP). Korea East-West Power Co. (EWP) is expanding its business portfolio from the conventional power generation business to related consulting and operation and services.  The power company is developing a way of optimizing the operation of po…
President Jung Ha-hwang of Korea Western Power Co. (KOWEPO). Korea Western Power Co. (KOWEPO) offers a one-stop service program to promote shared growth with cooperative SMEs, ranging from support for their operation funds to manpower development. Business leaders appreciate a program that is tailo…
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Economy/Finance
Chairman Hwang Rok of Korea Credit Guarantee Fund(KODIT) Chairman Hwang Rok of the Korea Credit Guarantee Fund (KODIT) said on Feb. 27 that he will run KODIT in such a way as to create jobs by extending financial guarantees to promising startups to …
Chairman Yoon Jong-kyoo of KB Financial Group, 5th R, and is welcomed by PM Nguyen Xuan Phuc of Vietnam, 4th R, at the Prime Minister’s Office in Hanoi, Vietnam, as they meet at a reception to celebrate the 25th anniversary of the opening of the dip…
President Wi Sung-ho of Shinhan Bank answers the reporters at a recent media meet following his official inauguration as the new CEO of Shinhan Bank. (Photos: Shinhan Bank) President Wi Sung-ho of Shinhan Bank said on March 7 that he will steer the …
Chairman Kim Jung-tae of Hana Financial Group.(Photos: KEB Hana Bank)Hana Financial Group posted 1.345 trillion won in net profit in 2016, up nearly 50 percent YoY, the largest net profit since 2012 when the Hana Bank merged with the Korea Exchange B…


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