LG Chem has signed a strategic partnership (MOU) with Finland's bio-diesel company Neste to expand its bio-based eco-friendly business, the company said on Nov. 5.Neste is a leading bio-diesel company with its own process technology, and 80% of the company's operating profit is generated from bio-ma
By Publisher Lee Kyung-sik of The Korea Post mediaAs part of his public diplomacy activities, Ambassador Abdulla Saif Alnuaimi of the United Arab Emirates in Seoul, delivered a lecture to students at the prestigious George Mason University in Songdo, Incheon on Nov. 3, 2020.According to the Embassy
Prosecutors raided the headquarters of McDonald's Korea in downtown Seoul over the alleged "hamburger disease (hemolytic uremic syndrome)" case.In response to a civic group's accusation against the company, the Seoul Central District Prosecutors' Office has executed a search and seizure warrant for
Shinhan Vietnam Bank, the Vietnamese subsidiary of Shinhan Bank, has signed a business agreement with Vietnam-Korea Business and Investment Association (VKBIA), a major Vietnamese economic cooperation organization, in Ho Chi Minh, Vietnam to strengthen business cooperation between Korea and Vietnam.
Hyosung T&C will invest 60 billion won ($53 million) in the Cerkezkoy area near Istanbul, Turkey, and expand its spandex production plant with an annual capacity of 15,000 tons by July next year, the company said on Nov. 2.When the expansion is completed, the production capacity of the spandex plant
SK Group said on Nov. 1 that its eight affiliates will join 'RE100' for the first time in Korea. The eight companies include SK Corp., SK Telecom, SK Hynix, SKC, SK Siltron, SK Materials, SK Broadband.Meanwhile, SK ie technology will submit its applications to the RE100 Committee of Korea on Nov. 2.
KT has partnered with Sri Lanka's business development company Moeul to cooperate in the project to build Sri Lanka Smart City, the company said on Oct. 30.The two companies plan to develop a new science and technology city based on artificial intelligence, the Internet of Things and big data near t
Samsung Biologics held an online opening ceremony for the CDO R&D Center in San Francisco on Oct. 29.In the video released on YouTube, Samsung Biologics presented its vision to become a 'Next Door CDO partner' that narrows physical distance from customers and provides prompt service.Owing to the COV
By Business Editor Lee Sam-sun Where is Korea’s biggest business conglomerate, Samsung Business Group, headed now after the passage of former Chairman Lee Kun-hee? It appears that the transition is taking place to his son, Vice Chairman Lee Jae-yong. In fact, the takeover of management of Korea’s to
Samsung C&T has decided to suspend all new coal-related investment, construction and trading projects, and withdraw existing projects sequentially following completion and termination of contracts.The decision was made at the company’s meeting of the board of directors on Oct. 27. Samsung C&T has es
"In the future, steel will be the most important material that will improve the quality of human life," POSCO Chairman Choi Jeong-woo said in a keynote speech on the theme of POST-COVID-19 Megatrends: A New Decade (Post Corona Mega Trend and Steel Industry: New Decade) at the WSD "Steel Success Stra
Korea Land and Housing Corp. (LH) will develop a smart city at an airport site in Peru, placing the groundwork for Korean companies to enter Peru.LH has signed a memorandum of understanding (MOU) with the Peruvian city of Cuzco for the development of smart cities and the overall cooperation in the d
Hanwha Energy was selected as the final contractor of the Kupehau Solar Project to build and operate a solar and energy storage systems (ESS) power plant organized by the Hawaiian Electric Company (HECO).The project is the one linking 60MW and ESS 240MWh of solar power generation. After signing cont
By Lee Sam-sun, business editor of The Korea Post media The late Chairman Lee Kun-hee of the Samsung Business Group in Seoul is well known for his witty remarks: “Politicians are No. 4, bureaucrats No. 3 and politicians No. 4!” Then who is “Number 1”? The answer came on April 11, 2020 when Chairman
Woori Investment Bank recorded a cumulative operating profit of 56.3 billion won and a net profit of 50.1 billion won in the third quarter of this year, the bank said on Oct. 26.It surpassed its annual operating profit of 53.9 billion won in just three quarters."In keeping with the rapidly changing
Samsung SDS attained its highest quarterly sales ever in the third quarter thanks to the expansion of IT strategic business and logistics BPO business and steady growth in external business.Samsung SDS’s consolidated sales reached 2.9 trillion won ($2.5 billion) in the third quarter of this year, up
Construction sites of Samsung C&T in Singapore have been selected as winners of six categories at the 2020 Annual SHE Award Convention hosted by the Singapore Land & Transport Authority.The Singapore authority has held a safety competition for infrastructure sites under construction every year. Sams
▲ "미래지향적이고 도전적인 경영을 통해 90년대까지는 삼성을 세계적인 초일류기업으로 성장시킬 것이다." (1987년 12월 01일 취임사)▲ "뛸 사람은 뛰어라. 바삐 걸을 사람은 걸어라. 말리지 않는다. 걷기 싫으면 놀아라. 안 내쫓는다. 그러나 남의 발목은 잡지 말고 가만히 있어라. 왜 앞으로 가려는 사람을 옆으로 돌려놓는가?" (1993년 06월 프랑크푸르트 회의)▲ "출근부 찍지 마라. 없애라. 집이든 어디에서든 생각만 있으면 된다. 구태여 회사에서만 할 필요 없다. 6개월 밤을 새워서 일하다가 6개월 놀아도 좋다. 논다고
Samsung Group Chairman Lee Kun-hee, who represents the Korean business community, died at the age of 78 at Seoul Samsung Hospital in Ilwon-dong, Seoul on Oct. 25.It has been six years since May 2014 when he collapsed at his home in Itaewon-dong, Seoul, due to acute myocardial infarction. "We decided
출생 1942. 01. 09.사망 2020. 10. 25.소속 삼성전자(회장)가족 배우자 홍라희, 아들 이재용, 딸 이부진, 딸 이서현, 아버지 이병철, 어머니 박두을, 누나 이인희, 형 이맹희, 형 이창희, 누나 이숙희, 동생 이명희