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Industry/Energy
Chairman Huh Chang-soo of GS Group Chairman Huh Chang-soo of GS Group announced that the group has allocated 3 trillion won for investment this year, more than 1 trillion won more than last year under an idea that crises also create opportunities for companies. The chairman’s announcement came …
KAI’s FA-50s. Korea Aerospace Industries, Ltd. (KAI) has signed a $420 million deal to export 12 FA-50s to the Philippines.  KOTRA and the Defense Acquisition Program Administration (DAPA) said on March 28 that KAI landed a Philippine Air Force multi-purpose fighter purchase project for 12 F…
Korea Electric Power Corp. (KEPCO) has decided to dispose of its 8.6 percent stake in LG U+ and a 29 percent interest in Korea Electric Power Industrial Development Corp. (KEPID). The decision is part of KEPCO’s efforts to reduce its debt ratio by 14.7 trillion won to 143 percent in three years.&n…
RasGas Chief Executive Officer, Hamad Rashid Al Mohannadi speaking on an executive leadership panel discussion on the inaugural day of Gastech in Kintex in Goyang, Gyeonggi-do, South Korea. (Photo: RasGas of Qatar)Asia’s growing energy requirements calls for supply from a diverse portfolio of …
New President Lee Sang-kwon of Korea Electrical Safety Corp.(Photo: KESCO)Lee Sang-kwon, former legislator of the ruling Saenuri Party, has been named as President of Korea Electrical Safety Corp. effective Feb. 20.  The new president who is a former senior prosecutor with the Incheon Regional…
President Kim Young-hak of Korea Trade Insurance Corp.(Photo: KTIC) “I will push for more support to help SMEs exports to double in the three years of my tenure at Korea Trade Insurance Corp. (KTIC),” said President Kim Young-hak recently. During his first interview with local media since his in…
President Jang Seok-hyo of Korea Gas Corp.(Kogas) delivers his opening speech at Gastech 2014 Conference and Exhibition which got underway at Kintex in Goyang, Gyeonggi-do, on March 24. (Photo: Gastech 2014)Korea Gas Corp. (Kogas) held “Gastech 2014” with 383 gas related companies f…
New President Kang Young-il makes his inaugural speech at a ceremony on Feb. 18 at Korea Rail Network Authority.President Kang Young-il of the Korea Rail Network Authority said at his inauguration ceremony on Feb. 18, “I feels a great responsibility as I takes over the helm of Korail and would…
Minister of the Ministry of Trade, Industry and Energy (MOTIE) Yoon Sang-jick and Korea Electric Power Corp. (KEPCO) President Cho Hwan-eik pose for a group photo for the camera as they make an inspection tour of the construction site of the Barakah nuclear power units in the United Arab E…
East-West Power (EWP) President Chang Joo-ok and some 150 Donghae Thermal Power Complex staff and family members climb up the observation tower of the Donghae Thermal Power Complex in Donghae, Gangwon-do, to view the first sunrise of 2014. (photos: courtesy of EWP, article by S. Y. Kim)Eas…
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Economy/Finance
Mirae Asset Securities Vice Chmn. Kim Mi-seob and Heo Sun-ho. (Photo: Mirae Asset Group)Mirae Asset Securities announced on Aug. 12 that it racked up a consolidated net profit of 1,905.2 billion won in the second quarter of this year, becoming the fi…
Chairman Ham Young-joo of Hana Financial Group. (Photos: Hana Financial Group)Hana Financial Group announced on Aug. 25 that it has opened the Gwangju Seo-gu AI & Digital Job Center in Seo-gu, Jeonnam Gwangju Special City to support the enhanceme…
President & CEO Park Chang-hoon of Shinhan Card. (Photos: Shinhan Card)Shinhan Card has launched the Kakao Bank Chakbut Shinhan Card, a private label credit card (PLCC) featuring trendy, lifestyle-oriented benefits, in collaboration with Kakao Ba…
Chairman Lee Jae-keun of KB Financial Group. (Photos: KB Financial Group)KB Financial Group operated the Global Demo Day Program in Singapore for two days from Aug. 26 to 27 in collaboration with the KOSME’s K-Startup Center Singapore to support Kor…


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