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Tongil Group
Tongil Group ( ko, 통일그룹) is a Korean business group (chaebol) associated with the Unification Church (UC). (“Tongil” is Korean for “unification,” the name of the Unification Church in Korean is “Tongilgyo.”) It was founded in 1963 by Unification Church founder Sun Myung Moon (following the purchase of a surplus Japanese lathe in 1962 page 151.) as a nonprofit organization which would provide revenue for the UC. Its core focus was manufacturing but in the 1970s and 1980s it expanded by founding or acquiring businesses in pharmaceuticals, tourism, and publishing. In 1998 Tongil Group was about 35th in size among South Korean business groups and was in the process of expanding into North Korea, with the blessing of the South Korean government which had previously forbidden relationships between North Korea and South Korean businesses. In the 1990s Tongil Group suffered as a result of the 1997 Asian Financial Crisis. By 2004 it was losing money and was $3.6 billi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chaebol
A chaebol (, ; ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group whose power over the group often exceeds legal authority. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebols have also played a significant role in South Korean politics. In 1988, a member of a chaebol family, Chung Mong-joon, president of Hyundai Heavy Industries, successfully ran for the National Assembly of South Korea. Other business leaders were also chosen to be members of the National Assembly through proportional representation. Hyundai has made efforts in the thawing of North Korean relations, despite some controversy. Many South Korean family-run chaebols have been criticized for low dividend payouts and other governance practices that favor controlling shar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tongil Industries Company
Tongil Group ( ko, 통일그룹) is a Korean business group ( chaebol) associated with the Unification Church (UC). (“Tongil” is Korean for “unification,” the name of the Unification Church in Korean is “Tongilgyo.”) It was founded in 1963 by Unification Church founder Sun Myung Moon (following the purchase of a surplus Japanese lathe in 1962 page 151.) as a nonprofit organization which would provide revenue for the UC. Its core focus was manufacturing but in the 1970s and 1980s it expanded by founding or acquiring businesses in pharmaceuticals, tourism, and publishing. In 1998 Tongil Group was about 35th in size among South Korean business groups and was in the process of expanding into North Korea, with the blessing of the South Korean government which had previously forbidden relationships between North Korea and South Korean businesses. In the 1990s Tongil Group suffered as a result of the 1997 Asian Financial Crisis. By 2004 it was losing money and was $3.6 bil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chaebol
A chaebol (, ; ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group whose power over the group often exceeds legal authority. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebols have also played a significant role in South Korean politics. In 1988, a member of a chaebol family, Chung Mong-joon, president of Hyundai Heavy Industries, successfully ran for the National Assembly of South Korea. Other business leaders were also chosen to be members of the National Assembly through proportional representation. Hyundai has made efforts in the thawing of North Korean relations, despite some controversy. Many South Korean family-run chaebols have been criticized for low dividend payouts and other governance practices that favor controlling shar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unification Church Affiliated Organizations
Unification or unification theory may refer to: Computer science * Unification (computer science), the act of identifying two terms with a suitable substitution * Unification (graph theory), the computation of the most general graph that subsumes one or more argument graphs (if such a graph exists) * Han unification, an orthographic issue dealt with by Unicode Physics * Unification (physics) of the observable fundamental phenomena of nature is one of the primary goals of physics * Grand Unified Theory, a model in particle physics * Unified field theory, a type of field theory Popular culture * ''Unification'' (album), a 1998 album by the band Iron Savior * "Unification" (Star Trek: The Next Generation), a two-part episode of ''Star Trek: The Next Generation'' Sport * The act of producing an undisputed championship in boxing * The act of producing an undisputed championship in professional wrestling Other uses * Semantic unification, in philosophy, linguistics, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
