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The Pro.Cee’d, a new sedan model being marketed by Kia Motors won the 2013 Red Dot Design Award.Kia Motors has captured four major awards at the Red Dot Design Awards 2013 with the Cee’d clinching the Best of Best Award in the Product Design Sector, while the Carens, the Cee’d, and the Cee’…
Korea Electric Power Corp. has signed a deal on project financing for the construction and operation of the world’s largest diesel-powered internal combustion plant in Jordan.Korea Electric Power Corp. (KEPCO) has struck a deal to raise $600 million for the construction and operation of t…
A view of the main control room of Wolsung Nuclear Power Unit 1.Nuclear energy is almost the cleanest and cheapest energy source available on earth. But the downside of nuclear energy is that a disaster involving its production could conceivably wipe out every living thing on the planet, including h…
Korea Southern Power President Lee Sang-ho poses for the camera with KOSPO's "best suppliers of the year 2012" after holding a ceremony to designate the best suppliers and present awards to them on Jan. 10. KOSPO held a ceremony to designate the best suppliers of the year 2012 and pre…
An artist's conception shows a project to transform the Seoul Thermal Power Complex into an underground power plant-cum-tourist attraction.A  project to change the Seoul Thermal Power Complex into an underground power plant-cum-prestige historical culture space is gaining momentum with approval…
Korea South-East Power President Jang Do-soo exchanges New Year’s greetings with his executives and staff members at a ceremony to kick off the 2013 business year at KOSEP headquarters on Jan. 2.Korea South-East Power Co. (KOSEP) has teamed up with Sambu Construction Co., Lotte E&C, and STX E&a…
Korea Western Power President Kim Moon-dukKorea Western Power Co.’s new corporate culture, dubbed “Young & Dynamic KOWEPO,” has been selected as a best practice by the government.KOWEPO received the highest points in seven categories -- freshness, effectiveness, continuity, proliferation…
Korea Electrical Safety Corp. President Park Cheol-gon poses with his company officials for a group photo after receiving the 2013 Korea Customer Satisfaction + Management Award from Korea Sustainability Management Evaluation at the Westin Chosun Hotel in Seoul on Jan. 17.Korea Electr…
KEPCO KPS President Tae Sung-eun (at the rostrum) gives a speech at a ceremony to kick off the 2013 business year at the KEPCO KPS headquarters on Jan. 2.KEPCO KPS President Tae Sung-eun said, “All staff will be asked to dramatically renew their mindset and be aware of pending crises in o…
Korea National Oil Corp. (KNOC) President Suh Moon-kyu and CEOs of KNOC's cooperative partners attend a ceremony to sign an MOU on shared growth at KNOC headquarters on Jan. 28.Korea National Oil Corp. (KNOC) is well on its way to expanding its operations in the key areas of its operation …
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Economy/Finance
President Lee Hwan-joo of KB Kookmin Bank. (Photos: KB Kookmin Bank)KB Kookmin Bank announced on Sept. 29 that it signed a strategic memorandum of understanding with the Bank of New York Mellon Corporation (BNY) to bring innovation to cross-border di…
KEXIM CEO Hwang Ki-yeon poses for a photo with Lee Nam-woo, vice chairman of the KDIA at KDIA Headquarters on Oct. 6. (Photo: KEXIM)The Export-Import Bank of Korea (KEXIM) announced on Oct. 7 that it had signed a memorandum of understanding with the …
President Lee Ho-sung of Hana Bank. (Photos: Hana Bank)Hana Bank announced the relaunch of Daldal Hana Company, a salary account membership service that offers various monthly benefits to customers who receive their salary in their Hana Bank accounts…
Chairman Lee Jae-keun of KB Financial Group. (Photos: KB Financial Group)On Sept. 10, KB Financial Group held the KB Innovation HUB - IR Day at the Fairmont Ambassador Seoul hotel in Yeouido to support investment attraction for innovative Korean star…


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