Management | BusinessKorea

Friday, June 23, 2017

Management

The Hills are suffering from car crashing accident accompanying the death of their 7-year-old twin sons John and James Hill on New Year’s Eve in 2015. (Photo Courtesy: Herald Chronicle)
Due to Brake Defects?
22 June 2017 - 3:15pm
It has been found that Kia Motors was sued by the parents of twin brothers who died on December 31, 2015 from a collision occurring in Tennessee, USA, claiming for damages amounting to US$95 million...
There have been steady controversies over Shinhan Financial Group’s immoral hiring of sons or daughters of executives and breaching of trust due to illegal loans.
Immoral Management
19 June 2017 - 12:45pm
Controversy is brewing over the disclosure of Shinhan Bank’s preliminary transfer of a son of Han Dong-woo, a former chairman of the Shinhan Financial Group (SHG) to its New York branch. It was also...
Cho Ki-haeng, vIce chairman & CEO of SK E&C.
Innovative Legal Team
16 June 2017 - 1:00pm
SK E&C was selected as a company with an "innovative in-house legal team" in 2017 by the Financial Times. The Financial Times selected 18 companies for having innovative legal affairs teams in...
Nippon Steel & Sumitomo Metal sued POSCO for violating the Unfair Competition Prevention Act in Korea, the United States and Japan, but dropped all lawsuits with a negotiation disadvantageous to POSCO.
Price for Stolen Technology
15 June 2017 - 11:30am
“The 18th Iron Day Event” was held at the POSCO Center On June 9. In the ceremony, those working in the steel industry including POSCO chairman Kwon Oh-joon vowed to take off to smart manufacturing...
Park Byeong-ryong, CEO of Paradise City.
Unfavorable factors
14 June 2017 - 11:15am
The Paradise Group (Chairman, Jeon Phillip) is suffering from consecutive negative factors. Sales of its casinos, a major cash cow for the group, have been on decline for three months running. As if...
LG Group Vice Chairman Koo Bon-joon presides over the LG Group affiliates’ strategic briefing sessions
Roles of Vice Chairman
2 June 2017 - 11:00am
LG Group will go over its growth engines through the affiliates’ strategic briefing sessions presided over by Vice Chairman Koo Bon-joon, starting from the middle of June. As LG Group is expected to...
Hyundai Motor is planning to complete a special agreement to turn 6,000 irregular workers into regular ones.
Adoptive to Gov’t Policy
31 May 2017 - 11:30am
Hyundai Motor is expected to hire more subcontracted workers as regular employees. The company is planning to complete a special agreement to turn 6,000 irregular workers into regular ones, which was...
Chey Tae-won, chairman of the SK Group, is accelerating so-called “China Insider” strategy through which the SK Group operates like a Chinese company in China.
‘China Insider’ Strategy
29 May 2017 - 5:15pm
Chey Tae-won, chairman of the SK Group, is making big moves to find a breakthrough to the group’s Chinese business which has deadlocked since China’s fire storm sparked by South Korea’s decision to...
Hyundai Mobis’s 2017 sustainability report.
Focus on R&D
25 May 2017 - 12:45pm
Hyundai Mobis announced in its '2017 Sustainability Report' published on May 24 that it carried out about 1,100 research and development (R&D) projects for 96 models last year. Hyundai Mobis sets...
The Hyundai Motor Group will choose its partners solely based on the value of their business and adopt various methods in working with them.
Two Tracks
25 May 2017 - 12:00pm
It has been found that the Hyundai Motor Group recently set up a venture investment team in its Strategic Technology Research Institute. The team is to find and grow promising venture firms and...
Illegal Cash Withdrawal
19 May 2017 - 11:30am
Citigroup’s credit and debit cards, which suffered from illegal cash withdrawal incidents in Thailand last month, were also involved in hundreds of card frauds overseas in 2016.  According to...
Chairman Koo Ja-yeol is watching a process of casting copper at Smelter 1 Plant on May 15.
Digital Management
18 May 2017 - 12:30pm
LS Group chairman Koo Jae-yeol carried out on-the-scene management by visiting worksites of LS-Nikko Copper Inc., LS Industrial Systems and LS Metal for two days from May 15. According to the LS...

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