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Shin Dong-bin
Shin Dong-bin (; born Akio Shigemitsu, 14 February 1956) is a South Korean business executive, and the chairman of Lotte Corporation since 2011. Early life and education Born in Japan as . Shin is the second son of Shin Kyuk-ho (Takeo Shigemitsu), founder and first CEO of Lotte and his Japanese wife. He is the younger brother of Hiroyuki Shigemitsu (Korean name Shin Dong-joo), CEO of the Japanese Lotte Group. Shin graduated from Aoyama Gakuin University in Tokyo with a B.A. in economics in 1977 and from Columbia University with an MBA. Career He started his career at Nomura Securities' London branch in 1980 and joined Lotte in 1988, when he started at Lotte Chemical. In 2011, he became Chairman of Lotte Korea. Upon taking control of the group, Shin embarked on a series of mergers and acquisitions, including the acquisition of Hi-Mart (now Lotte Hi-Mart), Hyundai Logistics (now Lotte Global Logistics), The New York Palace Hotel (now Lotte New York Palace Hotel), and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seoul
Seoul, officially Seoul Special Metropolitan City, is the capital city, capital and largest city of South Korea. The broader Seoul Metropolitan Area, encompassing Seoul, Gyeonggi Province and Incheon, emerged as the world's List of cities by GDP, sixth largest metropolitan economy in 2022, trailing behind New York metropolitan area, New York, Greater Tokyo Area, Tokyo, Greater Los Angeles, Los Angeles, Paris metropolitan area, Paris, and London metropolitan area, London, and hosts more than half of South Korea's population. Although Seoul's population peaked at over 10 million, it has gradually decreased since 2014, standing at about 9.6 million residents as of 2024. Seoul is the seat of the Government of South Korea, South Korean government. Seoul's history traces back to 18 BC when it was founded by the people of Baekje, one of the Three Kingdoms of Korea. During the Joseon dynasty, Seoul was officially designated as the capital, surrounded by the Fortress Wall of Seoul. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotte Chemical
Lotte Chemical Corporation () is a chemical company headquartered in Seoul, South Korea. Lotte Chemical is one of the largest chemical companies in the world by revenue. Lotte Chemical manufactures synthetic resins and other chemical products used for various industrial materials. History Lotte Chemical was established as Honam Petrochemical in 1976 and became part of Lotte Group after three years. After being integrated into Lotte, the company acquired various companies for business expansion. In 2010, Honam took over Malaysia's Titan Chemicals for US$1.27 billion to expand its business to the Southeast Asian market. In 2012, Honam merged with KP Chemical and was renamed Lotte Chemical. Lotte Chemical acquired Samsung's chemical businesses, including Samsung SDI's chemical unit, Samsung Fine Chemicals, and Samsung BP Chemicals for 3 trillion won in 2016. Products Lotte Chemical produces ethylene, polyethylene, and polypropylene by using naphtha extracted from crude oil. Su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Columbia Business School
Columbia Business School (CBS) is the business school of Columbia University, a Private university, private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and one of the oldest business schools in the world. History The school was founded in 1916 with 11 full-time faculty members and an inaugural class of 61 students, including 8 women. Banking executive Emerson McMillin provided initial funding in 1916, while A. Barton Hepburn, then president of Chase National Bank, provided funding for the school's endowment in 1919. The school expanded rapidly, enrolling 420 students by 1920, and in 1924 added a PhD program to the existing BS and MS degree programs. In 1945, Columbia Business School authorized the awarding of the MBA degree. Shortly thereafter, in the 1950s, the school adopted the Hermes emblem as its symbol, reflecting the entrepreneurial nature of the Greek god Hermes and his association with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duty-free Shop
A duty-free shop or store is a retail outlet whose goods are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods will be sold to travelers who will take them out of the country, who will then pay duties and taxes in their destination country (depending on its personal exemption limits and tariff regime). Which products can be sold duty-free vary by jurisdiction, as well as how they can be sold, and the process of calculating the duty or refunding the duty component. Tax Free World Association (TFWA) announced that in 2011 the Asia-Pacific region made 35% of global duty-free and travel retail sales, more than either Europe or the Americas, which accounted for 34% and 23% respectively. Fragrances and cosmetics, the largest category of goods, were 31% of all sales, while wines and spirits were 17%. Some countries impose duties on all goods brought into the country, even if the goods were bought duty-free in another coun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Park Geun-hye
Park Geun-hye (; ; born 2 February 1952) is a South Korean politician who served as the 11th president of South Korea from 2013 until Impeachment of Park Geun-hye, she was removed from office in 2017. Park was the first and to date only woman to be elected president of South Korea, and also the first woman to be List of elected and appointed female heads of state and government, popularly elected as a head of state in East Asia. She is also the first South Korean president to be born after the founding of South Korea. Her father, Park Chung Hee, was president from 1963 to 1979, serving five consecutive terms after he May 16 coup, seized power in 1961 and whom she served as First Lady of South Korea, first lady under from 1974 until his Assassination of Park Chung Hee, assassination in 1979. Before her presidency, Park was leader of the conservative Grand National Party (GNP) from 2004 to 2006 and leader of the Liberty Korea Party from 2011 to 2012. She was also a member of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of South Korea
The president of the Republic of Korea (), also known as the president of South Korea (), is the head of state and head of government of South Korea. The president directs the executive branch of the Government of South Korea, government and is the commander-in-chief of the Republic of Korea Armed Forces. The Constitution of South Korea and the amended Presidential Election Act of 1987 provide for election of the president by direct, secret ballot, ending sixteen years of indirect presidential elections under the preceding two authoritarian governments. The president is directly elected to a five-year term, with no possibility of re-election. If a presidential vacancy should occur, a successor must be elected within sixty days, during which time presidential duties are to be performed by the Prime Minister of South Korea, prime minister or other senior cabinet members in the order of priority as determined by law. The president is exempt from criminal liability (except for insur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Confidant
The confidant ( or ; feminine: confidante, same pronunciation) is a character in a story whom a protagonist confides in and trusts. Confidants may be other principal characters, characters who command trust by virtue of their position such as doctors or other authority figures, or anonymous confidants with no separate role in the narrative. Role The confidant is a type of secondary character in the story, often a friend or authority figure, whose role is to listen to the protagonist's secrets, examine their character, and advise them on their actions. Rather than simply acting as a passive listener for the protagonist's monologues, the confidant may themselves act to move the story forward, or serve to guide and represent the reactions of the audience. History The presence of the confidant in Western literature may be traced back to Greek drama and the work of Euripides. The characters of Agamemnon in ''Hecuba'' and Pylades in ''Orestes'' serve as confidants, acting as b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Choi Soon-sil
Choi Soon-sil (; born June 23, 1956) is a South Korean businesswoman known primarily for her involvement in the 2016 South Korean political scandal, stemming from her influence over the 11th President of South Korea, Park Geun-hye. In 2018, a court sentenced Choi to 20 years in prison on Corruption in South Korea, corruption charges. Due to Choi's concurrent involvement in her father's religious cult, reporting media have called her "South Korea's Rasputin", in reference to Russian Mysticism, mystic Grigori Rasputin. Biography Choi Soon-sil was born on June 23, 1956, as the fifth daughter in her family to Lim Seon-yi and Choi Tae-min, a former Buddhist monk and the leader of The Church of Eternal Life, a cult that combined various elements of Buddhism, Christianity, and traditional Korean Shamanism. Some media has reported that Choi Soon-il acted as a shaman (Mu (shaman), ''mudang'') for the sect, although the accuracy of this label, as well as the legitimacy of her practice ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korean Won
The South Korean won (symbol: ₩; code: KRW; ) is the official currency of South Korea. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and it appears only in foreign exchange rates. The currency is issued by the Bank of Korea, based in the capital city of Seoul. Etymology The old "won" was a cognate of the Chinese yuan, which was derived from the Spanish-American silver dollar. It is derived from the hanja (, ), meaning "round", which describes the shape of the silver dollar. The won was subdivided into 100 (), itself a cognate of the East Asian unit of weight mace and synonymous with money in general. The current won (1962 to present) is written in hangul only and does not officially have any hanja associated with it. First South Korean won History The Korean won, Chinese yuan and Japanese yen were all derived from the Spanish-American silver dollar, a coin widely used for international trade bet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Embezzlement
Embezzlement (from Anglo-Norman, from Old French ''besillier'' ("to torment, etc."), of unknown origin) is a type of financial crime, usually involving theft of money from a business or employer. It often involves a trusted individual taking advantage of their position to steal funds or assets, most commonly over a period of time. Versus larceny Embezzlement is not always a form of theft or an act of stealing ''per se'', since those definitions specifically deal with taking something that does not belong to the perpetrators. Instead, embezzlement is, more generically, an act of deceitfully secreting assets by one or more persons that have been ''entrusted'' with such assets. The persons entrusted with such assets may or may not have an ownership stake in such assets. Embezzlement differs from larceny in three ways. First, in embezzlement, an actual '' conversion'' must occur; second, the original taking must not be trespassory, and third, in penalties. To say that the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samsung
Samsung Group (; stylised as SΛMSUNG) is a South Korean Multinational corporation, multinational manufacturing Conglomerate (company), conglomerate headquartered in the Samsung Town office complex in Seoul. The group consists of numerous affiliated businesses, most of which operate under the Samsung brand, and is the largest (business conglomerate) in South Korea. Samsung has the world's List of most valuable brands, fifth-highest brand value. Founded in 1938 by Lee Byung-chul as a trading company, Samsung diversified into various sectors, including food processing, textiles, insurance, securities, and retail, over the next three decades. In the late 1960s, Samsung entered the electronics industry, followed by the construction and shipbuilding sectors in the mid-1970s—areas that would fuel its future growth. After Lee died in 1987, Samsung was divided into five business groups: Samsung Group, Shinsegae Group, CJ Group, Hansol Group, and JoongAng Ilbo, JoongAng Group. K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotte New York Palace Hotel
Lotte New York Palace Hotel is a luxury hotel in the Midtown Manhattan neighborhood of New York City, at the corner of 50th Street (Manhattan), 50th Street and Madison Avenue. It was originally developed between 1977 and 1980 by Harry Helmsley. The hotel consists of a portion of the Villard Houses, built in the 1880s by McKim, Mead & White, which are New York City designated landmarks and listed on the National Register of Historic Places. It also includes a 51-story skyscraper designed by Emery Roth & Sons and completed in 1980. The Villard Houses, arranged in a U-shaped plan, consist of three wings surrounding a central courtyard on the east side of Madison Avenue. The houses' center wing serves as a lobby, while the south wing serves as an event space. Behind the Villard Houses to the east is the modern skyscraper addition. , the hotel has 909 rooms and suites. The top floors of the skyscraper are known as the Towers, which consist of 176 luxury units. Among the units in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
