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Monday, November 20, 2017

Management

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...
CJ Group chairman Lee Jae-hyun (center) is posing for a commemorative photo shoot after planting a tree after the opening ceremony for CJ Blossom Park.
Aggressive Management
18 May 2017 - 12:30pm
Lee Jae-hyun, chairman of the CJ Group, attended the group's official event in four years and said, “I will contribute to the national economy by securing a future growth engine, which is an urgent...
LG Chem plans to issue 800 billion won (US$713.01 million) of corporate bonds to expand production facilities at home and abroad and pay back its short-term debts.
Successful Corporate Bond Issuance
16 May 2017 - 3:15pm
LG Chem officially announced on May 15 that it plans to issue 800 billion won (US$713.01 million) of corporate bonds. The figure far exceeds the initial amount of 500 billion won (US$445.63 million...
Samsung Life had the lowest ratio of paying insurance money within three business days among 24 life insurers last year.
Paying Insurance Money
11 May 2017 - 1:00pm
According to data which the Financial Supervisory Commission (FSC) submitted to Park Yong-jin, a lawmaker of the Minjoo Party on May 4, Samsung Life Insurance had the lowest ratio of paying insurance...
Daniel Shin, CEO of Ticket Monster.
Frustrating Customers
10 May 2017 - 1:15pm
Ticket Monster, an e-commerce company in Korea, faced harsh media criticism recently for running an ad that reminds people of the sinking of the Sewol Ship amidst continuing marketing controversies...
Paradise Group Chairman Jeon Phillip.
Unfavorable Factors
10 May 2017 - 12:45pm
During a press conference to celebrate an official opening of the Paradise City casino resort on Yeongjong Island, Incheon, on April 20, Paradise Group Chairman Jeon Phillip said, “As the first multi...
Hanwha Group is expected to accelerate the reorganization of its defense business units under the next administration.
Defense Business Unification
10 May 2017 - 12:45pm
There is a rumor that Hanwha Group will reorganize its defense businesses when the new government takes office. The group has said that there will be no defense business reshuffle in the near future...
Korean Air has been grappling with a series of business scandals.
Continuous Scandals
4 May 2017 - 10:45am
Korean Air, the nation's largest airline, has been grappling with a series of unfavorable factors. The airline had been found to have failed to carry out proper maintenance inspections of aircraft...
GM Korea Labor Union is demanding a 500-percent performance-based bonus in their wage negotiation of this year.
Despite 530 Billion Won in Loss
28 April 2017 - 5:00pm
Controversy has been aroused by the GM Korea Labor Union’s demand for a 500-percent performance-based bonus in their wage negotiation of this year. It is pointed out that the trade union's demand...
Samsung Electronics will not adopt a holding company structure.
Samsung Governance Structure
28 April 2017 - 4:30pm
Samsung Electronics announced on April 27 that it would not adopt a holding company structure. “After deliberating on the matter for about five months, we have reached a conclusion that the structure...
A co-pilot’s sexual assault of a female flight attendant is stirring up controversy at Korean Air.
Sexual Assault
27 April 2017 - 3:45pm
A co-pilot’s sexual assault of a female flight attendant is stirring up controversy at Korean Air which was put in a hole by the nut rage of Cho Hyun-ah (former vice president of Korean Air). The 3rd...

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