Business - The Korea Times

Choi Nam-soo nominated as YTN CEO

Choi Nam-sooChoi Nam-soo, former Money Today Network (MTN) CEO, was nominated as CEO of news broadcaster YTN, Sunday.Choi, 56, earned his bachelor’s degree from Seoul National University in economics.Choi worked as a reporter for the Korea Economic Daily, Seoul Economic Daily and broadcaster SBS. He joined YTN in 1995, where he served as business editor and head of the management and planning department.He joined MTN in 2008 as head of the reporting department and later became CEO.Choi will be appointed to the position at a general shareholders’ meeting on Dec. 22. His term as CEO will be three years.YTN’s former CEO resigned before the termination of his term in May. YTN drew up a CEO candidate recommendation committee to carry out procedures to select his successor.However, the National Union Media Workers’ YTN branch expressed disappointment, citing Choi left the company twice when it faced a crisis.In 2008, YTN dismissed six reporters and punished 33 others for months-long protests against the then-Lee Myung-bak administration’s influence over the br

Nov 6, 2017

Free medical checkup

A doctor examines an elderly patient at a makeshift medical facility in Papua, Indonesia, Friday. In cooperation with Korea University Hospital and local NGO Byso Nanum Maul, POSCO Daewoo, steelmaker POSCO’s trading and resources development arm, organized the volunteer program from Oct. 21 to 27. The program is for people suffering from a range of illnesses in the Southeast Asian nation. / Courtesy of POSCO Daewoo

Oct 29, 2017

Preparing for Christmas

Models promote Starbucks bottles and planners for Christmas at the coffee shop chain’s Korea Press Center store in Seoul, Thursday. Marking its 18th anniversary here, Starbucks Coffee Korea said it will donate 180 million won ($160,000) to marginalized people at the end of the year from the profits of sales of the planners and beverages. / Courtesy of Starbucks Coffee Korea

Oct 26, 2017

S-Oil sponsors marathon

S-Oil President Ryu Yul, right, poses with former marathoner Lee Bong-joo, center, after donating 140 million won ($124,000) to support the 12th Heart-Touching Disabled Marathon Team at the refiner’s headquarters in Seoul, Thursday. The team of 21 marathoners with disabilities will take part in the 2017 Toronto Waterfront Marathon on Oct. 22. / Courtesy of S-Oil

Oct 20, 2017

Future of defense industry

A Hanwha employee briefs college students on the defense industry in Korea and other countries at the Seoul International Aerospace and Defense Exhibition at Seoul K-16 Airport in Seongnam, Gyeonggi Province, Thursday. / Courtesy of Hanwha

Oct 20, 2017

Collaboration with Thai healthcare group

Green Cross Medical Science President Kim Young-pil, front row third from right, poses with Suwadee Puntpanich, third from left, corporate secretary of the Thailand-based Thonburi Healthcare Group, after signing a memorandum of understanding (MOU) on cooperation in the diagnosis field at the Green Cross headquarters in Yongin, Gyeonggi Province, Wednesday. Sitting at second from left is Green Cross Laboratories CEO Lee Eun-hee. Under the MOU, Green Cross Medical Science agreed to collaborate with Thonburi in supplying diagnostic reagents, while Green Cross Laboratories promised to work with the Thai group to establish a clinical testing network. The group operates about 30 hospitals in Thailand, Sri Lanka, Myanmar and other Asian countries.  / Courtesy of Green Cross Medical Science

Oct 19, 2017

Collaboration with Thai healthcare group

POSCO chairman in Brussels

POSCO Chairman Kwon Oh-joon, left, poses with Nippon Steel & Sumitomo Metal Chairman Kosei Shindo during the annual meeting of the World Steel Association in Brussels, Belgium, Tuesday (local time). Kwon, elected as the association’s vice chairman this year, will become its chairman in 2018. / Courtesy of POSCO

Oct 18, 2017

Meeting clients in Shanghai

Hyosung Chairman Cho Hyun-joon, second from left, meets officials from Chinese textile companies at Intertextile Shanghai 2017 last week. He met with Hyosung’s clients at the world’s largest trade fair for textiles to look for collaborative marketing strategies. / Courtesy of Hyosung

Oct 17, 2017

Raising cancer awareness

Citizens take part in the 2017 Pink Run at Yeouido Park in Seoul, Sunday, an event organized by AmorePacific to raise public awareness of breast cancer. More than 10,000 people wearing pink T-shirts ran either five or 10 kilometers. Korea’s largest cosmetics firm also provided participants with useful information about breast health and self-examination methods. / Courtesy of AmorePacific 

Oct 15, 2017

Home plus helps children battling leukemia

Home plus eParan Foundation Chairman Ahn Hee-man, left, poses with actor Kim Bo-sung, center, and Lee Jung-myung, the chairman of the Korean Association for Children with Leukemia and Cancer (KACLC), Thursday, at the KACLC head office in Seoul. The foundation donated 300 million won ($265,000) for children with leukemia and other cancers. / Courtesy of Home plus

Oct 13, 2017

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