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Kang Seung-woo

Korea Times Business Reporter

Kang Seung-woo is the Business Desk editor at The Korea Times. Prior to this position, he covered politics, national affairs, finance and sports.

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Companies

Grand Korea Leisure holds strategy meeting amid rising cyber threats

Grand Korea Leisure (GKL) said Friday it held a strategy meeting on information security in response to increasingly sophisticated cyber threats, including a recent large-scale data breach involving SK Telecom. The meeting, attended by GKL President Yoon Doo-hyun and key personnel from company headquarters and its three business sites, focused on strengthening the company's cybersecurity posture. The agenda included improving procedures for preventing and responding to cyber incidents, enhancing the management of access records to personal information, restructuring the authority management system for storage devices such as USB hardware and reviewing collaboration systems between the headquarters and branch offices. “Information security is not merely a technical issue, but the last line of defense in maintaining public trust,” Yoon said. “Even a single incident can damage the organization’s reputation, so all employees must remain security-conscious and respond collectively.” Looking ahead, GKL plans to not only upgrade its systems, but also to strengthen internal security tr

May 2, 2025By Kang Seung-woo
Grand Korea Leisure holds strategy meeting amid rising cyber threats
Opinion

New trade deal

The Korea-United States Free Trade Agreement (KORUS FTA) faces significant uncertainty as the Donald Trump administration is set to seek new trade deals with its trading partners.

Mar 19, 2025By Kang Seung-woo
Companies

KG Mobility debuts 1st electric pickup

KG Mobility Chairman Kwak Jae-sun poses with the Musso EV at a ceremony celebrating the launch of the carmaker’s first electric pickup at its headquarters in Pyeongtaek, Gyeonggi Province, Wednesday. Equipped with an 80.6-kilowatt-hour lithium iron phosphate battery, the Musso EV offers a driving range of 400 kilometers, making it Korea’s longest-range electric cargo truck. Courtesy of KG Mobility.

Mar 5, 2025By Kang Seung-woo
KG Mobility debuts 1st electric pickup
Companies

KOGAS returns to profitability in 2024 on higher operating income

Korea Gas Corp. reported Friday a strong return to profitability in 2024, driven by a surge in operating profit and efforts to reduce interest expenses.

Feb 21, 2025By Kang Seung-woo
KOGAS returns to profitability in 2024 on higher operating income
Companies

Jinju aims to promote K-entrepreneurship across Korea and beyond

JINJU, South Gyeongsang Province — Jinju, a medium-sized city in the southern part of the country, is gaining attention for its recognition as the birthplace of Korean entrepreneurship.

Jan 20, 2025By Kang Seung-woo
Jinju aims to promote K-entrepreneurship across Korea and beyond
  • Jinju K-Entrepreneurship Center: a tribute to Korea's innovation
Society

Jinju K-Entrepreneurship Center: a tribute to Korea's innovation

JINJU, South Gyeongsang Province — Jinju, a historic city in South Gyeongsang Province, is renowned for its rich cultural and intellectual heritage.

Jan 20, 2025By Kang Seung-woo
Jinju K-Entrepreneurship Center: a tribute to Korea's innovation
  • Jinju aims to promote K-entrepreneurship across Korea and beyond
Opinion

Martial law and ‘K-defense’

The abbreviation "K" for Korea is now a globally recognized symbol, and when attached, it signifies fame and trends.

Dec 25, 2024By Kang Seung-woo
Companies

LG donates W12 bil. for neighbors in need

Ha Beom-jong, left, president and chief financial officer of LG Corp., poses with Kim Byong-joon, chairman of the Community Chest of Korea (CCK), at the CCK's headquarters in Seoul, Friday, after the conglomerate donated 12 billion won ($8.35 million). Since 1999, LG has donated a total of 240 billion won to the nonprofit. LG affiliates, including LG Electronics, LG Energy Solution and LG Display, have also contributed to various charitable initiatives, such as distributing charcoal briquettes, daily necessities and scholarships. Courtesy of LG Group

Dec 15, 2024By Kang Seung-woo
LG donates W12 bil. for neighbors in need
People & Events

Korea Times signs MOU with Jinju to promote K-entrepreneurship

 

Dec 8, 2024By Kang Seung-woo
Korea Times signs MOU with Jinju to promote K-entrepreneurship
Companies

'SK Road' named in Hungary

SK On, the battery manufacturing unit of SK Innovation, announced on Thursday that the road connecting its Hungarian plant in Iváncsa to the nearby town has been officially renamed "SK Road" (SK út in Hungarian) to recognize the company's regional impact.

Nov 14, 2024By Kang Seung-woo
'SK Road' named in Hungary
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