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Sun, October 1, 2023 | 16:42
Hosting golf tournament
Hana Financial Group Chairman Kim Jung-tai, fourth from left, joins hands with executives from the Korea Ladies Professional Golf Association (KLPGA) and its subsidiaries, including KEB Hana Bank CEO Ham Young-joo, left, after agreeing to hand over management of its golf tournament to KLPGA at the Paradise City Hotel & Resort in Incheon, Oct. 10. Hana Financial will host ...
'Let more women join workforce for growth'
The workplace especially in finance has a serious problem here, said Kim Sang-kyung, chair and chief executive of the Korea International Finance Institute (KIFI), a private institute that provides financial education and licenses. If the government does not address and try to resolve the rising gender inequality through legislative measures like Europe, the United States and...
Economic cooperation
Finance Minister Kim Dong-yeon, left, and Mexico's Finance Secretary and Public Credit Jose Antonio Gonzalez Anaya hold up their exchanged national soccer jerseys after concluding the first meeting of the joint committee for economic cooperation in Seoul, Wednesday. Both sides agreed to expand bilateral investment, with Mexico welcoming Korea to join the Pacific Alliance trad...
BOK faces test of independence
The Bank of Korea (BOK) is facing the test of independence as policymakers and politicians are putting mounting pressure for rate hikes.Over the past month, ranking government officials and lawmakers from the ruling party have been suggesting the BOK increase its key interest rate to curb bank lending and rising apartment prices.
Korea's manufacturers need major overhaul
The country's manufacturing is in crisis, and its days will soon be numbered if it continues to go on like it used to, analysts say. Its existing competitive market structure may have worked before the global financial crisis of 2008, which helped spur growth and lead job creation. With the dawning of the new digital era, analysts say Korea needs to change its strategy to agg...
I can speak Korean
Lee Dong-wook, third from left, managing director of KB Kookmin Card, holds the company's logo with foreign contestants who won prizes after playing a game at COEX in Seoul, Thursday, that tested their Korean language proficiency. The card company sponsored the game hosted by the King Sejong Institute to mark the 572nd Korean Alphabet Day, which falls on Oct. 9.
Actress Choo makes directorial debut
Choo Sang-mee, an actress known mostly for her TV soap opera and independent movie roles, will be releasing a feature-length documentary film in her directorial debut on Oct. 31. The film follows the true story of 1,500 North Korean children orphaned by the Korean War who were sent to the North's communist ally Poland after the cessation of the conflict. Thus, it is titled, “...
'Fuse already lit on household debt bomb'
The country's household debt has become a time bomb for the economy as government measures have failed to rein in its endless growth. The aggregate debt is about to reach 1,500 trillion won, according to data from the Bank of Korea and the Financial Services Commission.
Presenting the future
NongHyup Bank CEO Lee Dae-hoon takes the center stage to present the bank's future digital strategy and customer service to employees at company headquarters in Seoul, Tuesday. The bank held the innovation workshop for 400 employees. Courtesy of NongHyup Bank
Woori CEO's holding company takes shape
Woori Bank Group is on track and will be on schedule as planned to transform itself into a holding company that will give it more freedom to raise capital to finance acquisitions in the near future, according to the bank. Woori Bank is currently waiting for approval from the Financial Supervisory Service and the Financial Services Commission. Both regulators are expected to r...