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SK chief calls on CEOs to strengthen action plans amid uncertainty

SK Group Chairman Chey Tae-won called on chiefs of the group’s affiliates to set up organic responses, based on case-by-case scenarios, to various management uncertainties and opportunities, South Korea's second-largest business conglomerate said Friday. "We are now living in a global transition period where it is difficult to survive with the management approaches that we took in the past,” Che...

South-korea , Japan , China , Cho-dae-sik , Sk-supex-council , Sk-group , Sk-group-senior-vice , Chairman-chey-tae-won , Management-meeting , Senior-vice-chairman-chey-jae-won , Vice-chairman-chey-chang-won

[Photo News] LG promoting Busan's Expo bid in Paris

An LG banner promoting Busan's bid to host the 2030 World Expo is hung on the digital billboard near Charles de Gaulle International Airport in Paris on Thursday ahead of next week’s general assembly of the Bureau International des Expositions, the intergovernmental body that oversees the World Expo. LG Corp. said it will support the port city’s Expo bid by installing a total of 110 banners near the ...

Busan , Pusan-gwangyoksi , South-korea , Bureau-international-des-expositions , Lg-corp , Charles-de-gaulle-international-airport , Jie-ye-eun ,

Samsung Electronics picked as most preferred employer after a decade

Samsung Electronics has been picked as the most desirable company to work for among college students here this year, retaining the top spot for the first time in a decade, a tally from a job portal showed Wednesday. Incruit surveyed 872 job-seeking university students nationwide and the results showed 8.1 percent of them chose the tech giant out of 130 listed companies by market capitalization on South Korea’s ...

South-korea , Samsung-biologics , Samsung-electronics , Samsung , Hotel-shilla , Incruit , Hyundai-motor-group , Korean-air , Jie-ye-eun , The-korea-herald , Orean-news , Oreaherald

Samsung, SolarEdge team up for net-zero homes

Samsung Electronics said Tuesday it was teaming up with Israeli firm SolarEdge Technologies, the world's leading solar smart inverter company, to promote carbon-neutral homes. Under the new partnership, Samsung has established a foothold for expanding its SmartThings Energy business in Europe. Samsung has previously cooperated with global solar firms including Hanwha Q Cells, SMA Solar Technology and Maxeon Sola...

Seoul , Soult-ukpyolsi , South-korea , New-york , United-states , California , Germany , Munich , Bayern , Israel , Israeli ,

SK, UAE sovereign wealth fund to create carbon credit market

SK Group, South Korea’s semiconductor-to-telecommunications conglomerate, said Monday it had signed a partnership deal with the United Arab Emirates’ sovereign wealth fund to tackle climate change together by establishing a carbon credit market in Asia. SK Group Chairman Chey Tae-won, who doubles as chairman of the Korea Chamber of Commerce and Industry, signed a memorandum of understanding with Khaldoon...

United-arab-emirates , South-korea , Abu-dhabi , Abuz-aby , South-korean , Korea , Alpha-dhabi , Yoon-suk-yeol , Khaldoon-khalifa-al-mubarak , Korea-chamber , Sk-group , Aircarbon-exchange

SK, UAE sovereign wealth fund to create carbon credit market

SK Group, South Korea’s semiconductor-to-telecommunications conglomerate, said Monday it had signed a partnership deal with the United Arab Emirates’ sovereign wealth fund to tackle climate change together by establishing a carbon credit market in Asia. SK Group Chairman Chey Tae-won, who doubles as chairman of the Korea Chamber of Commerce and Industry, signed a memorandum of understanding with Khaldoon...

United-arab-emirates , South-korea , Abu-dhabi , Abuz-aby , South-korean , Korea , Alpha-dhabi , Yoon-suk-yeol , Khaldoon-khalifa-al-mubarak , Korea-chamber , Sk-group , Aircarbon-exchange

Seoul Fashion Week kicks off with in-person catwalk shows

Seoul Fashion Week, South Korea’s biggest fashion event held every March and October, kicked off Friday with physical catwalk shows and offline events for the first time in three years.

Seoul , Soult-ukpyolsi , South-korea , Japan , Paris , France-general- , France , London , City-of , United-kingdom , Han , Japanese

South Korea's ETF market likely to expand on eased regulations

　The exchange traded fund market in South Korea is soon expected to expand in size along with the government’s move to ease regulations regarding actively managed ETFs, a report showed on May 31. 　As the Korea Exchange has allowed the listing of active ETFs since August, eight new related products were launched on the nation’s main bourse Kospi on Tuesday. Previously, only bond ETFs could be listed on ...

South-korea , Korea , Korea-exchange , Korea-investment , Asset-global-investments , Samsung-asset-management , Timefolio-asset-management , Jie-ye-eun , தெற்கு-கொரியா , கொரியா , கொரியா-பரிமாற்றம்

Korean millennials say buying a house is difficult using only income

Korean millennials say buying a house is difficult using only income
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(123rf)
Amid soaring house prices, seven out of 10 South Koreans born in 1980s and 1990s believe having their own house is necessary but were pessimistic about purchasing residential property only with their income, a survey showed Wednesday.
According to the survey, conducted by Mirae Asset Investment and Pension Center and Hankook Research in May, 70.6 percent of respondents said buying a house is necessary, while 73 percent said they think it is difficult for the young generation to do so with their salary.
A separate question showed 68 percent of respondents were pessimistic over individuals’ capacity to accumulate wealth, citing lower economic growth compared to the country’s rapid growth in the 1970s and 1980s.

South-korea , South-koreans , Jung-nara , Pension-center , Mirae-asset-investment , Hankook-research , Jie-ye-eun , தெற்கு-கொரியா , தெற்கு-கொரியர்கள் , ஜங்-நாரா , ஓய்வூதியம்-மையம் , மீரே-சொத்து-முதலீடு

Most expensive house in Korea: Shinsegae chairwoman's W30b residence

Most expensive house in Korea: Shinsegae chairwoman’s W30b residence
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An exterior of Shinsegae Group Chairwoman Lee Myeong-hee’s house in Hannam-dong, Seoul (Yonhap)
A Hannam-dong residence in central Seoul owned by Shinsegae Group’s chief retained its top position as the most expensive house in Korea, data showed Friday.
The value of Shinsegae chairwoman Lee Myeong-hee’s 2,862-square-meter house, as assessed by the government, was 29.53 billion won ($26.88 million), up 6.6 percent from this year. Lee is the younger sister of late Samsung Group Chairman Lee Kun-hee.
Previously, the house’s declared price surged by 59.7 percent on-year from 16.9 billion won to 27 billion won in 2019. It rose by an additional 2.6 percent on-year to 27.71 billion won this year.

Seoul , Soult-ukpyolsi , South-korea , Hannam-dong , Samseong , Kyonggi-do , Kumho , Cholla-namdo , Lee-myeong-hee , Lee-kun-hee , Seo-kyung-bae ,