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Wed, December 6, 2023 | 12:49

[INTERVIEW] Korea has great opportunity to lead green transition

INTERVIEWKorea has great opportunity to lead green transition

Deloitte globally launched GreenSpace Tech, a climate technology ecosystem initiative, in January this year, aiming to facilitate decarbonization and sustainability through its extensive global network of climate technology specialists and innovators. Since its launch, it is now operating in 23 countries, including the U.S., U.K., Australia and Korea, providing robust solutio...

2023-12-06 08:28

K bank names digital expert as new CEO

K bank names digital expert as new CEO

K bank has named former BNK Financial Group executive Choi Woo-young as its next CEO, the company announced, Tuesday.

2023-12-05 16:41

Finance minister nominee vows aggressive push for market-driven reforms

Finance minister nominee vows aggressive push for market-driven reforms

Finance minister nominee Choi Sang-mok vowed, Tuesday, to aggressively pursue market-driven reforms through innovation and deregulation, stressing the need for Korea to turn into a dynamic economy in the midst of an accelerated growth slowdown and persistently high inflation.

2023-12-05 16:24

Hana Financial Group donates $11 mil. to the underprivileged

Hana Financial Group donates $11 mil. to the underprivileged

Hana Financial Group donated 15 billion won ($11.4 million) to the Community Chest of Korea, so as to fulfill its social responsibility as a financial business and for the mutual prosperity of the community and the group, the financial group announced on Tuesday.

2023-12-05 15:10

Investors allowed to purchase stocks after knowing dividend payout from 2024

Investors allowed to purchase stocks after knowing dividend payout from 2024

Some investors in Korea will be allowed to purchase stocks after knowing information about their dividend payout, including the amount of dividends paid out to shareholders, from next year, officials said Tuesday.

2023-12-05 13:41

New finance minister faces tall task of revitalizing economy

New finance minister faces tall task of revitalizing economy

President Yoon Suk Yeol named Choi Sang-mok, his former senior secretary for economic affairs, to head the Ministry of Economy and Finance, Monday, in a Cabinet reshuffle ahead of next year’s parliamentary elections.

2023-12-04 17:03

Insurance firms' net income jumps over 47% on-year in first nine months of year

Insurance firms' net income jumps over 47% on-year in first nine months of year

The combined net income of insurance companies in Korea surged nearly 50 percent in the first nine months of the year from a year ago on advances by both life and non-life insurers, data showed Monday.

2023-12-04 09:26

2-year grace period to be sought for small firms from serious industrial accident penalties

2-year grace period to be sought for small firms from serious industrial accident penalties

An additional two-year grace period will be sought for small companies as the workplace safety law punishing employers for serious industrial accidents is set to expand to companies with less than 50 employees, ruling party officials said Sunday.

2023-12-03 18:09

Samsung’s financial units focus on transformation in year-end reshuffle

Samsung’s financial units focus on transformation in year-end reshuffle

According to industry sources, Sunday, Samsung Life Insurance nominated Samsung Fire & Marine Insurance CEO Hong Won-hak as its next leader.

2023-12-03 16:42

Deregulation fuels optimism for foreign buying spree in stock market

Deregulation fuels optimism for foreign buying spree in stock market

Foreign investors returned to a buying spree of Korean stocks for the first time in four months in November, adding to optimism that such a pattern of purchase will go on this month as Korea is set to end a regulation to make stock investing easier for them.

2023-12-03 16:19

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