Established as Korea’s first steelmaker in 1953, Hyundai Steel has paved the way for sustainable growth by boosting blast furnace business as a new growth engine in addition to its existing electric arc furnace based operation. We will continue to prepare for a greater future with a vision of 'Leadi

“This year marks the 122nd anniversary of Woori Bank,” said CEO Kwon Kwang-seok of Woori Bank in his message to the clientele in Korea and around the world.Then he said, “Boosting the economy by facilitating financial support and contributing to the national economy is our motto."In 1899, Woori Bank

The name consists originally of two Chinese characters Nong (농) and Shim (심), where the former means a ‘Farmer’ and the latter ‘Mind.’ So, Nongshim, originally, means, “The mind of the farmers,” which, in a sense, is the ‘Mind of the People’ and in extension the ‘Mind of the Korean People’ as Korea,

“Where do you want to go and stay?” ask the management of the company. The company, headed by Chairman Kang Seung-soo with Honorary Chairman Cho Chang-geol, leads the transformation of Korea’s residential environment since the 1970s. Hanssem is a full-service interior company which provides furnitur

Booyoung in Korea is considered a ‘21st century’s global company and the 13th best company in the financial world (private enterprises). According to the public relations sources of Booyoung, the Group is aiming to grow into a global company of the 21st century, challenging the status quo with a pio

In 1983, Jungheung Housing was established and later the legal firms of Jungheung Construction and Jungheung Civil Engineering were established building the knowhow of construcion for nearly four decades.The management philosophy of Jungheung, according to the public relations materials of the compa

Chairman Kim Woo-nam of the Korea Racing Authority (KRA) is a very special person in the fact that he makes it a rule to increase international cooperation and friendship between Korea and all the wcountries of the world. In 2021, Chairman Kim attended the opening ceremony of the world rehabilitatio

Seo Chang-woo, chairman of Korea Papa John’s, a premium pizza brand, took office as governor of the Rotary International District 3650 for 2021 and 2022 at Grand Hyatt Seoul in Hannam-dong, Yongsan-gu, Seoul on July 1. His term of office runs from the same day to June 30 next year.Seo was also elect

Hanwha Group Chairman Kim Seung-yeon met with Edwin John Feulner Jr., chairman of the U.S. Heritage Foundation's Asia Research Center, for dinner at the Plaza Hotel in Jung-gu, Seoul on June 30, a group spokesman said.The dinner meeting took place on the occasion of Chairman Edwin Feulner's visit to

Kore.AI, a global interactive artificial intelligence (AI) and digital user experience (UX) company, made an announcement on June 17 that it has supplied 'Bank Assist', an interactive AI-based virtual assistant, to Mashreq Bank, an UAE financial institution.Mashreq Bank can help more than 500,000 re

Korea Energy Agency announced on June 17 that it held the "Korea-UAE Renewable Energy Business Meet-up Day" at Intercontinental COEX in Seoul to support domestic energy leading companies' overseas expansion and create new business opportunities.In 2018, the agency signed a "business agreement to pro

The following article is based on press materials provided by the Embassy of the Republic of Uzbekistan in Seoul for publication by The Korea Post media, publisher of 3 English and 2 Korean-language news publications since 1985.—Ed.On June 23-24, an international forum on Inter-Parliamentary Global

Hyundai Motor Group Chairman Chung Eui-sun has won the Issigonis Trophy at the 2021 Autocar Awards ceremony, the group said on June 9.Named in honor of legendary car designer Sir Alec Issigonis, the Trophy is Autocar's highest accolade. Each year it is presented to a stand-out individual within the

The Indian Chamber of Commerce in Korea (ICCK) and the Korea Non-ferrous Metal Association (KONMA) signed a mutual cooperation agreement on June 3 to promote exchanges between member companies and explore markets.The agreement ceremony, which was held to mark the 14th Non-ferrous Metal Day, was atte

Samsung Electronics has received the semiconductor industry’s first “Triple Standard” for carbon, water and waste by Carbon Trust, the company said on June 3.Samsung was awarded this certification by reducing the amount of carbon emissions, water use, and waste discharge over the past three years at

Chung Seung-il, CEO of Korea Electric Power Corp. (KEPCO), held an inauguration ceremony at KEPCO's headquarters in Naju, South Jeolla Province, on June 1, announcing his management policy as the 21st KEPCO head.In his inaugural address, CEO Chung stressed that it is time to seriously consider preem

SK Global Chemical Na Kyung-soo participated in the P4G (Partnering for Green Growth and the Global Goals 2030) Seoul Summit held from May 30 to 31 to represent the company at the panel discussion of the Circular Economy session., the company said on June 1.In the panel discussion of this session, C

Daewoo Engineering & Construction (Daewoo E&C) announced on May 31 that its CEO Kim Hyung met with Nguyen Vu Tung, the Vietnamese ambassador to Korea, on May 27 to discuss expanding investment development projects in Vietnam and strengthening business cooperation.At the meeting, CEO Kim thanked Viet

Samsung Electronics has introduced the LM301B EVO, a new mid-power LED package that has been designed to set the pace in light efficacy and color quality for indoor and industrial applications, the company said on May 27.Global regulations and standards for lighting, once centered on light efficacy,

Korea Aerospace Industries (KAI) aims to develop its indigenous transport and multipurpose aircraft for the South Korea military, the MilitaryLeak reported on May 16.KAI has reached a consensus with the South Korea Defense Acquisition Program Administration (DAPA) on the need to develop transport an