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"I will do my best to make Hynix a great success," proclaimed Chairman Chey Tae-won in his inaugural speech as new chair-man of Hynix Semiconductor Co., which his business group took over recently, and following his selection as the top executive by the chipmaker's board on Feb. 14.At the Seoul offi…
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An A320 passenger plane of Airbus is shown taking off. Korea Aerospace Industries(KAI) won a bid to supply the wing bottom panels for some 500 A320 planes worth $600 million on Jan. 24 until 2025, the largest single contract to supply airplane parts won by KAI so far in its history.Korea…
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KOSEP President Jang Do-soo is flanked by KEPCO KPS President Tae Sung-eun and PTC Energy Chairman T. N. Thakur as they sign an MOU on the joint exploration of the Indian coal-fired power market at the KEPCO KPS headquarters on Jan. 10.A consortium led by Korea South-East Power Co. (KOSEP) wil…
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With 47 KNOC unit heads from 17 overseas units in 14 countries attending, the two-day meeting led by President Kang Young-won took up issues faced by each unit and issues facing the company as a whole that require immediate attention, especially those related to pushing the "Great KNOC 3020," such a…
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Minister of Knowledge Economy Hong Suk-wooA mong roughly 250 people on hand at the gathering were Minister of Knowledge Economy Hong Suk-woo,; GS Caltex Chairman Hur Dong-soo,; SK Innovation President Koo Ja-young,; S-Oil CEO Ahmed Subey,; Daesung Group Chairman Kim Young-hoon,; Korea Petroleum Asso…
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Our magazine's March issue will carry a special report on the 2012 Seoul Nuclear Security Summit, to be held in Seoul from March 26-27. The 2012 Seoul Nuclear Security Summit will coincide with 2012 Seoul Nuclear Industry Summit, to be held in the Grand Intercontinental Hotel in Seoul from March 23-…
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President Kang Young-won of Korean National Oil Corp.With 47 KNOC unit heads from 17 overseas units in 14 countries attending, the two-day meeting led by President Kang Young-won took up issues faced by each unit and issues facing the company as a whole that require immediate attention, especially t…
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KEPCO President Kim Joong-kyum holds a contract to acquire a 14 percent stake in Strathmore Minerals Corp. with Strathmore CEO David Miller in Seoul on Feb. 1. Korea Electric Power Corp. (KEPCO) said on Jan. 31 it landed an $800 million project to build a 600MW diesel power plant in Jordan, the…
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Korea Midland Power Co. (KOMIPO) President and CEO Nam In-sukKorea Midland Power Co. (KOMIPO) President and CEO Nam In-suk calls for expanding new power facilities and securing new future growth engines.In his New Year message, KOMIPO President Nam said, "All should make a concerted effort to realiz…
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Chairman Chung Joon-yang of POSCO. The POSCO Group will invest 8.1 trillion won in facilities and total solution marketing areas, among others, up 17 percent from last year, including between 4.5 trillion won and 5.1 trillion won to keep its competitive advantage going this year, Chairman Chung…
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Chairman Jin Ok-dong delivers greetings at the 24th Annual General Meeting of Shareholders at Shinhan Financial Group’s headquarters in Seoul, on March 26. (Photos: Shinhan Financial Group)Shinhan Financial Group Chairman Jin Ok-dong said on March 2…
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On March 27, Hana Chairman Ham Young-joo visits a small restaurant to donate a high-efficiency air conditioner as part of his first act after starting his second term. (Photos: Hana Financial Group)Hana Financial Group announced in late March that it…
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Lee Chan-woo, chairman of NongHyup Financial Group. (Photos: NongHyup Financial Group)“Unless we innovate now, there is no bright future for NongHyup Financial Group,” said Lee Chan-woo, chairman, in a meeting with NongHyup subsidiary employees on …
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Chairman & CEO Shin Chang-jae of Kyobo Life Insurance. (Photo: Kyobo Life Insurance)Kyobo Life announced on March 21 that it has been designated as a trustee of the Financial Services Commission (FSC)’s Innovative Financial Services Project, "Ai…
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