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President Nam Sang-tae of Daewoo Shipbuilding and Offshore Co. said recently that the shipyard signed a contract worth $1.1 billion to build three submarines weighing 1,400 tons each for an Indonesian owner, the largest order ever for the defense industry in Korea. He said the project is a shot in t…
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GS Caltex Chairman Hur Dong-soo said it is too early to talk about GS Energy's initial public offering because the new energy affiliate of the GS Group launched in January still has a long way to go to be a full-fledged energy company.The energy firm will take charge of new and recycled energy, repl…
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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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Kangwon Land Acting President Choi Cheol-gyu. (Photos: Kangwon Land)Kangwon Land held “K-HIT Project Town Hall Meeting” with Kangwon Land executives, staffers, working-level officials of four cities and counties, and K-HIT Project consultants. …
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Artist Chang Woo-soon.Artist Chang Woo-soon is holding her solo exhibition, titled “The Heaven is Like Children,” at The Flux Gallery in Jongno-gu, Seoul, from Apr. 1 to Apr. 6. Artist Chang says that “little birds are bowing down under the b…
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CEO Choi Sung-hyun of Gangwon Tourism Organization (GTO).Gangwon State and Gangwon Tourism Organization (GTO) have been embarking on the “Gangwon Tourism Accommodations Sales Festa” on the occasion of “Visit Gangwon Year 2025-2026” in cooperation…
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President Baig Hyeon of Incheon Tourism Organization (ITO). (Photos: ITO)A whole view of an exhibition hall at an event of releasing BYD EVs to the public, hosted by Incheon Tourism Organization from Jan. 19 to Feb. 2.The Incheon Tourism Organization…
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