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The Ministry of Knowledge Economy (MKE) and Korea Gas Corp. (KOGAS) announced recently that a large gas deposit was found in the Area 4 Mining District in the Northern Sea off Mozambique on Aug. 1.The announcement said the gas deposit would contain some 2.3 billion tons of gas in the 5th exploration…
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Former Vice President Suh Moon-kyu has been inaugurated as the new CEO of Korea National Oil Corp. on Aug. 17 in a ceremony held at the company’ s head office in Seoul. At the inaugural ceremony, the new president said he would lead the state-run oil company to build a global operation network thro…
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Former Vice President Suh Moon-kyu has been inaugurated as the new CEO of Korea National Oil Corp. on Aug. 17 in a ceremony held at the company’ s head office in Seoul. At the inaugural ceremony, the new president said he would lead the state-run oil company to build a global operation network thro…
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Korea Southern Power Co. (KOSPO) is firing on all cylinders to expand its business environs abroad by securing a foothold in the Southeast Asian region. KOSPO and the Vietnamese Ministry of Science and Technology (MOST) jointly organized a workshop on combined cycle power in Hanoi on July 3. Th…
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Korea Southern Power Co. (KOSPO) is firing on all cylinders to expand its business environs abroad by securing a foothold in the Southeast Asian region. KOSPO and the Vietnamese Ministry of Science and Technology (MOST) jointly organized a workshop on combined cycle power in Hanoi on July 3. Th…
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Korea East-West Power (EWP) is stepping on the gas to lay a solid foundation for sustainable growth by spreading models for advancing shared growth and differentiating itself from others with reinforced social contribution activities. EWP is focusing on standardizing and spreading corporate mod…
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Former Korea Electronics Technology Institute (KETI) President Choi Pyeong-rak took helm at the Korea Midland Power Co. (KOMIPO) as the sixth president at the KOMIPO head office on July 16.He delivered his inaugural speech in which he declared his new catchphrase, “Korea’ s Power Plant of Happines…
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Korea South-East Power Co. (KOSEP) has an intrapreneurship program in place as part of its efforts to innovate management with the goal of tapping staff members’ capacities.KOSEP has become the first Korean power company to implement intrapreneurship in which each team, department, and site office …
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The Ministry of Knowledge Economy (MKE) approved a plan to raise electricity charges an average of 4.9 percent effective Aug. 6.The announcement of the rise in electricity charges came shortly after the board of directors of Korea Electric Power Corp. (KEPCO) on Aug. 3 agreed to do so, with addition…
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Samsung Electronics and Apple have not yet reached an out-of-court settlement during their second round of closed negotiations in the ongoing patent war between the global smart phone and tablet juggernauts. Samsung CEO Choi Gee-sung, now chief of Samsung Group Future Strategy Office, accompani…
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Jin Ok-dong, chairman of Shinhan Financial Group and Jung Sang- hyeok, president of Shinhan Bank poses for a photo with Lee Chan-jin, governor of the Financial Supervisory Service, Ryu Je-myeong, second vice minister of science and ICT and Kim Young-…
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Park Sang-jin, chairman of KDB poses for a photo with Lee Eok-won, chairman of the FSC, Jang Jae-hoon, vice chairman of Hyundai Motor Group, Jang Min-young, president of IBK, Hwang Ki-yeon, president of Korea Eximbank and Kang Seung-jun, chairman of …
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced that it is intensively promoting the service of the “Hana Happiness Dream Bus,” a portable total care solution introduced to improve financi…
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Hwang Ki-yeon, president of Korea Eximbank poses for a photo with Rosan Roeslani, CEO of Danantara Sovereign Wealth Fund after signing an MOU in the presence of Korean President Lee Jae-myung and Indonesian President Prabowo Subianto at Chung Wa Dae …
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