Business - The Korea Times

Homeplus' court rehabilitation catches NPS, Meritz off guard

The National Pension Service (NPS), which co-invested in Homeplus with MBK Partners, and Meritz Financial Group, which has lent money to the supermarket chain, are on edge as the retailer has entered court-led rehabilitation proceedings after struggling to secure cash amid liquidity concerns, industry officials said Wednesday.

Mar 5, 2025By Jun Ji-hye

Homeplus' court rehabilitation catches NPS, Meritz off guard

Owner families in midsized firms need 3.8 years to rise to executive roles

Family members of owners of midsized companies in Korea take less than four years on average to be promoted to executive management positions, a market tracker said Wednesday.

Mar 5, 2025By Yonhap

Owner families in midsized firms need 3.8 years to rise to executive roles

Banks ramp up YouTube marketing to attract younger customers

Commercial banks are actively using YouTube for marketing to attract younger customers, as securing this demographic is key to building a loyal customer base in the future, industry officials said Tuesday.

Mar 4, 2025By Jun Ji-hye

Banks ramp up YouTube marketing to attract younger customers

Why activist investors remain quiet ahead of shareholders' meetings this year

Activist shareholders have been rarely visible ahead of the shareholders' meetings of listed companies later this month, a stark contrast to their active public relations activities in the past few years, industry officials said Tuesday.

Mar 4, 2025By Yi Whan-woo

Why activist investors remain quiet ahead of shareholders' meetings this year

Internet-only banks to keep household loan increase at 4.8% this year

Korea's three internet-only banks will limit the rise in their household loan extensions this year to less than 5 percent, data showed Tuesday.

Mar 4, 2025By Yonhap

Internet-only banks to keep household loan increase at 4.8% this year

KOMSCO partners with Hana to transform banknote byproducts into eco-friendly merchandise

The Korea Minting and Security Printing Corp. (KOMSCO) announced on Monday that it has partnered with Hana Bank in a campaign to generate profits by using recyclable materials left over from the production of banknotes and coins.

Mar 3, 2025By Yi Whan-woo

KOMSCO partners with Hana to transform banknote byproducts into eco-friendly merchandise

Eximbank chair celebrates LSE bond listing

Export-Import Bank of Korea (Eximbank) Chairman and CEO Yoon Hee-Sung, front right, applauds during a ceremony to mark Eximbank’s issuance and listing of a bond worth $3 billion on the London Stock Exchange (LSE), Friday. The chairman said that the LSE listing demonstrates investors’ “unwavering trust” toward the state-run bank despite political turmoil in Korea, as the company plans to raise approximately $14 billion in 2025. Courtesy of Eximbank

Mar 3, 2025By Yi Whan-woo

Eximbank chair celebrates LSE bond listing

INTERVIEW Musicow pioneers new path for music copyright investment

Music copyright royalties have long been considered exclusive to artists. But entrepreneur Jung Hyun-kyung recognized their potential as a new financial investment product, offering an attractive option for investors seeking portfolio diversification.

Mar 1, 2025By Jun Ji-hye

[INTERVIEW] Musicow pioneers new path for music copyright investment

Korea's 3 major mobile payments expand overseas amid travel boom

Last December, a mother of two elementary students chose an unfamiliar payment option while traveling to Fukuoka, Japan. She used Kakao Pay, following a recommendation from a friend. Previously, she had never used the service, even in Korea.

Feb 28, 2025By Lee Yeon-woo

Korea's 3 major mobile payments expand overseas amid travel boom

KEPCO to pay dividend for 1st time in 4 years

Korea Electric Power Corp. (KEPCO) said Friday that it will resume dividend payments for the first time in four years, driven by strong earnings performance in 2024. However, concerns persist that the state utility should prioritize financial recovery amid its snowballing debt.