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Daewoo International
POSCO International Corporation (Korean: 포스코인터내셔널) is South Korea's largest trading company and a subsidiary of POSCO. The company was founded by Kim Woo-choong in 1967 as Daewoo Industrial Co., Ltd, which ran its business in trading and construction. In 1999, the company faced at least $50 billion in debt, and Daewoo became formally dismantled. In 2000, as Daewoo Group faced work-out program, Daewoo Industrial Co., Ltd's trading segment was split and established as "Daewoo International Corporation". Afterwards, it succeeded in general trading license and was listed on the stock market again. In 2016, the Company name changed from "Daewoo International" to "POSCO Daewoo". After merging with Posco P&S in 2017, the company name was changed to what it is currently, "POSCO International Corporation" in 2019 On 2 November 2020, POSCO International and Erae AMS was to supply the Vietnamese carmaker VinFast with electrical vehicle (EV) components. It aimed to issue ESG ...
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Incheon
Incheon is a city located in northwestern South Korea, bordering Seoul and Gyeonggi Province to the east. Inhabited since the Neolithic, Incheon was home to just 4,700 people when it became an international port in 1883. As of February 2020, about 3 million people live in the city, making it South Korea's third-most-populous city after Seoul and Busan. The city's growth has been assured in modern times with the development of its port due to its natural advantages as a coastal city and its proximity to the South Korean capital. It is part of the Seoul Metropolitan Area, along with Seoul itself and Gyeonggi Province, forming the world's fourth-largest List of metropolitan areas by population, metropolitan area by population. Incheon has since led the economic development of South Korea by opening its port to the outside world, ushering in the modernization of South Korea as a center of industrialization. In 2003, the city was designated as South Korea's first free economic zon ...
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Consumer Goods
A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike an intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good. When used in measures of national income and output, the term "final goods" includes only new goods. For example, gross domestic product (GDP) excludes items counted in an earlier year to prevent double counting based on resale of items. In that context, the economic definition of goods also includes what are commonly known as '' services''. Manufactured goods refer to products that have undergone processing or assembly, distinguishing them from raw materials. Law Various legal definitions exist for consumer products, depending on jurisdiction. One such definition is found in the United States' Consumer Product Safety Act, which provides extensive explanation of consumer products. CONSUMER PRODUCT.- The term ‘‘consumer product ...
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Companies Listed On The Korea Exchange
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporati ...
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Companies Of South Korea
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Korea Economic Daily
''The Korea Economic Daily'' (), nicknamed ''Hankyung'' (), is a conservative and business daily newspaper in South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and t .... It is the largest business newspaper by revenue in South Korea. It was founded on October 12, 1964, as the ''Daily Economic Newspaper'' and took its current name in 1980. References External linksOfficial websiteOfficial ''Hankyung'' website
Business newspapers Conservative media in South Korea
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Myanmar
Myanmar, officially the Republic of the Union of Myanmar; and also referred to as Burma (the official English name until 1989), is a country in northwest Southeast Asia. It is the largest country by area in Mainland Southeast Asia and has a population of about 55 million. It is bordered by India and Bangladesh to its northwest, China to its northeast, Laos and Thailand to its east and southeast, and the Andaman Sea and the Bay of Bengal to its south and southwest. The country's capital city is Naypyidaw, and its largest city is Yangon (formerly Rangoon). Early civilisations in the area included the Tibeto-Burman-speaking Pyu city-states in Upper Myanmar and the Mon kingdoms in Lower Myanmar. In the 9th century, the Bamar people entered the upper Irrawaddy River, Irrawaddy valley, and following the establishment of the Pagan Kingdom in the 1050s, the Burmese language and Culture of Myanmar, culture and Buddhism in Myanmar, Theravada Buddhism slowly became dominant in the co ...
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Palm Oil
Palm oil is an edible vegetable oil derived from the mesocarp (reddish pulp) of the fruit of oil palms. The oil is used in food manufacturing, in beauty products, and as biofuel. Palm oil accounted for about 36% of global oils produced from oil crops in 2014. Palm oils are easier to stabilize and maintain quality of flavor and consistency in ultra-processed foods, so they are frequently favored by food manufacturers. Globally, humans consumed an average of of palm oil per person in 2015. Demand has also increased for other uses, such as cosmetics and biofuels, encouraging the growth of palm oil plantations in tropical countries. The mass production of palm oil in the tropics has attracted the concern of environmental and human rights groups. The palm oil industry is a significant contributor to deforestation in the tropics where palms are grown and has been cited as a factor in social problems due to allegations of human rights violations among growers. In 2018, a repor ...
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Posco Energy
POSCO Energy is the largest private energy producer in South Korea.Won-sup Yoon and Sun-ah Kim"POSCO Energy secures fuel cell technology"''MK News'' November 13, 2012. Retrieved on April 24, 2013.Lee, Hyo-sik''Korea Times'' January 27, 2013. Retrieved on April 24, 2013. It is a member of the POSCO consortium, and was established in November 1969, in South Korea as the nation's first private electricity supplier. The main businesses are in coal-fired power generation,Ji-hyeong Kim and Ha'eun Bang"POSCO Energy acquires stakes in Indonesia's coal mine"''MK Business News'' July 20, 2012. Retrieved on April 24, 2013. fuel cells, liquid natural gas (LNG), and off-gas power. With the completion of construction on the Incheon LNG combined cycle power plant in 2012, POSCO Energy will have 3,300 MW of power generation facilities. It is headquartered in Seoul, South Korea. According to the group policy, it was merged into POSCO International as of January 1, 2023. History 1969 ...
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Daewoo Group
Daewoo ( ; ; ; ; literally "great universe" and a portmanteau of "''dae''" meaning great, and the given name of founder and chairman Kim Woo-choong) also known as the Daewoo Group, was a major South Korean chaebol (type of conglomerate) and automobile manufacturer. It was founded on 22 March 1967 as Daewoo Industrial and was declared bankrupt on 1 November 1999, with debts of about US$50 billion (equivalent to $ billion in ). Prior to the 1997 Asian financial crisis, Daewoo was the third largest conglomerate in South Korea, behind the Hyundai Group and Lucky-Goldstar (later became LG Corporation). There were about 20 divisions under the Daewoo Group, some of which survived as independent companies. History Beginning and development The Daewoo Group was founded by Kim Woo-choong in March 1967. He was the son of the Provincial Governor of Daegu. He graduated from the Kyonggi High School, then finished with an Economics Degree at Yonsei University in Seoul. During the 1 ...
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The Korea Economic Daily
''The Korea Economic Daily'' (), nicknamed ''Hankyung'' (), is a conservative and business daily newspaper in South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and t .... It is the largest business newspaper by revenue in South Korea. It was founded on October 12, 1964, as the ''Daily Economic Newspaper'' and took its current name in 1980. References External linksOfficial websiteOfficial ''Hankyung'' website
Business newspapers Conservative media in South Korea
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Yonhap News Agency
Yonhap News Agency (; ) is a major news agency in South Korea. It is based in Seoul, South Korea. Yonhap provides news articles, pictures, and other information to newspapers, TV networks and other media in South Korea. History Yonhap was established on 19 December 1980, through the merger of Hapdong News Agency and Orient Press. The Hapdong News Agency itself emerged in late 1945 out of the short-lived Kukje News, which had operated for two months out of the office of the Domei, the former Japanese news agency that had functioned in Korea during the Japanese Japanese colonial era. In 1999, Yonhap took over the Naewoe News Agency. Naewoe was a South Korea government-affiliated organization, created in the mid 1970s, tasked with publishing information and analysis on North Korea from a South Korean perspective through books and journals. Naewoe was known to have close links with South Korea's intelligence agency, and according to the British academic and historian James Hoar ...
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Korean Language
Korean is the first language, native language for about 81 million people, mostly of Koreans, Korean descent. It is the national language of both South Korea and North Korea. In the south, the language is known as () and in the north, it is known as (). Since the turn of the 21st century, aspects of Korean Wave, Korean popular culture have spread around the world through globalization and Korean Wave, cultural exports. Beyond Korea, the language is recognized as a minority language in parts of China, namely Jilin, and specifically Yanbian Korean Autonomous Prefecture, Yanbian Prefecture, and Changbai Korean Autonomous County, Changbai County. It is also spoken by Sakhalin Koreans in parts of Sakhalin, the Russian island just north of Japan, and by the in parts of Central Asia. The language has a few Extinct language, extinct relatives which—along with the Jeju language (Jejuan) of Jeju Island and Korean itself—form the compact Koreanic language family. Even so, Jejuan and ...
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