Seoul to sell naming rights for 58 additional subway stations

The Korea Herald > Business > Management

GS’s 4th generation owners increase stake

[ THE INVESTOR ] The great-grandchildren of GS Group(chairman Huh Chang-soo ) are steadily increasing their stake in the family business. On July 13, GS announced that GS Caltex executive vice...

Updated : 2016.07.14 10:43

Korean Air heiress promoted to executive vice president

[THE INVESTOR] Cho Hyun-min, youngest daughter of Hanjin Group chairman Cho Yang-ho was promoted to executive vice president at Jin Air, the group’s flagship Korean Air ’s budget airline. Cho wi...

Updated : 2016.07.08 14:59

Lotte founder and son banned from leaving Korea

[THE INVESTOR] Lotte Group founder Shin Kyuk-ho and his son Shin Dong-bin who is the group chairman have been banned from leaving South Korea, according to court sources on July 8. The ban comes...

Updated : 2016.07.08 09:28

CJ Group chairman recovering from surgery for lung cancer

[THE INVESTOR] CJ Group chief Sohn Kyung-shik is recovering from surgery to treat lung cancer, according to company sources. Sohn, who was diagnosed with the cancer this May, is said to be in a st...

Updated : 2016.07.07 14:36

Celltrion chairman pushes to build theme park in Incheon

[THE INVESTOR] South Korean pharmaceutical firm Celltrion ’s chairman Suh Jeong-jin has kicked off plans to build a large-scale theme park in Incheon’s Yeongjong-do, according to an exclusive n...

Updated : 2016.07.06 10:00

Lotte Group women rise to the surface due to scandal

[THE INVESTOR] Now that an arrest warrant has been issued for Lotte Foundation chief Shin Young-ja -- the first Lotte founding family member to face imprisonment in the firm’s latest embezzlement sc...

Updated : 2016.07.05 14:58

Lotte’s Shin Young-ja faces criticism for funneling company funds to her children

[THE INVESTOR] Embattled Lotte Foundation chief Shin Young-ja and her children are expected to face public scrutiny over some 4 billion won (US$3.47 million) worth of corporate funds they are suspect...

Updated : 2016.07.05 14:06

South Korean tycoons’ stock value falls

[THE INVESTOR] The majority of South Korean business tycoons saw a fall in the value of their stock assets this year, an analysis by a think tank showed on July 1. According to the think tank specia...

Updated : 2016.07.01 16:15

Sejung heiress promoted to COO

[THE INVESTOR] Sejung Group chairman Park Soon-ho’s daughter Park I-ra, 38, has been promoted to chief operating officer and executive vice president at her father’s fashion empire. According to t...

Updated : 2016.07.01 09:40

Lotte’s key finance man questioned in growing probe

Lotte Insurance chief executive Kim Hyun-soo. [THE INVESTOR] Lotte Insurance chief executive Kim Hyun-soo has been summoned for questioning in the prosecution’s probe into Lotte Group. He has been ...

Updated : 2016.06.23 18:06

Richest under 40: Koo Gwang-mo

[BORN TO BE RICH] Among South Korea's richest aged 40 years or younger, LG chairman’s the adopted son Koo Gwang-mo , 38, of LG Group is the wealthiest. His net worth is estimated at 751.8 billi...

Updated : 2016.06.22 14:10

Conglomerates selling stakes in money-making affiliates to raise funds

[THE INVESTOR] Owners of the nation’s top conglomerates are increasingly selling their stakes in various money-making affiliates to raise funds needed for participating in capital increases of other...

Updated : 2016.06.17 17:03

Divorce battle reveals unknown aspects of Samsung family

[THE INVESTOR] Packed with twists and turns, a divorce suit between former Samsung Electro-Mechanics vice president Lim Woo-jae and his wife and Hotel Shilla president Lee Boo-jin unveiled unknown ...

Updated : 2016.06.17 09:21

Top 10 chaebol owners rake in hefty dividends

[THE INVESTOR] The nation’s top 10 chaebol owners raked in hefty dividends from affiliates over the past five years, Chaebul.com, a local website that tracks chaebol, revealed on June 15. The total...

Updated : 2016.06.15 14:11

Family-controlled firms show higher profitability: report

Family-run companies were found to generate higher profitability compared to rivals, a report said on Thursday, claiming that involvement by "owner" families leads to good business results. Accordin...

Updated : 2016.03.31 14:02
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