Chairman Suh Kyung-bae of AmorePacific Co. In 2015, AmorePacific came up with an in-house venture program in which a team of four company officials is tasked with producing and selling products. For one year, the team was not required to report their business performance to the company. This year, …

President Cho Hwan-eik of Korea Electric Power Corp. (KEPCO). (Photos: KEPCO) President Cho Hwan-eik of Korea Electric Power Corp. (KEPCO) disclosed his company’s willingness to participate in an international bid to acquire a British government project to build the Moorside Nuclear Power Station …

Korea Western Power Co. (KOWEPO) and SK E&S have teamed up with GE Power Korea to win an 8-billion-won gas combined cycle power plant project in Mozambique, which has been emerging as an African resources country in recent years. The deal marks the first time that Korean companies have been aw…

Lee Jong-suk, head of the Planning and Management Division at the Korea Southern Power Co. (KOSPO), poses with KOSPO officials and outside councilors after announcing strategies to implement the KOSPO Industry 4.0 Initiative at a seminar held at the Busan International Financing Center on March 24.&…

Researchers at KEPCO NF are working on a process of uranium refining. (Photo: KNF) KEPCO NF (KNF) has been implementing a program to educate KNF executives on integrity this year by taking its cue from ancient literature, for the second year in a row.  The program offers a lecture on integrat…

Hyundai Motor has unveiled the All-New Sonata, a face-lifet model of the Sonata New Rikse that debuted in Korea last March, during the Shanghai International Automobile Industry Exhibition 2017. (Photo: Hyundai Motor) Hyundai Motor and Kia Motors are trying to reverse setbacks in both the United St…

Samsung SDS President Chung Yoo-sung.  For Samsung SDS, the year 2017 is a significant year in which the company will have to produce tangible fruits from the exploration of foreign markets. To this end, Samsung SDS President Chung Yoo-sung has called for communication, speed and an improved c…

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 …