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SK Chairman’s Daughter Continues to Chart Her Own Course

SK Chairman’s Daughter Continues to Chart Her Own Course

SEOUL, Sept. 4 (Korea Bizwire) – Chey Min-jeong, the younger daughter of SK Group chief Chey Tae-won, is again drawing attention nationwide for an unconventional career path. According to Korea’s third-largest conglomerate, the younger Chey, 27, landed a job in July 2018 at the global merger and acquisition team of Hony Capital, an investment firm [...]

SK Holdings, SoCar Launch Car-sharing Business in Malaysia

SK Holdings, SoCar Launch Car-sharing Business in Malaysia

SEOUL, Jan. 26 (Korea Bizwire) — SK Holdings, the holding firm of South Korean energy and telecom conglomerate SK Group, said Thursday it has launched a car-sharing business in Malaysia by joining hands with South Korea’s No. 1 car-sharing startup SoCar. SoCar Malaysia — a joint venture between SK Holdings and SoCar — kicked off [...]

SK Says Its AI Platform Drastically Cut Time Spent Evaluating Cover Letters

SK Says Its AI Platform Drastically Cut Time Spent Evaluating Cover Letters

SEOUL, Jan. 26 (Korea Bizwire) — SK Holdings Co., the holding firm of South Korean energy and telecom conglomerate SK Group, said Thursday its artificial intelligence platform has successfully found the right cover letter in a flash, a technology that could ease the burden of human resources officials. Last year, Aibril Employment Helper evaluated 10,000 [...]

Government Offers Mobile Carriers Discounts for 5G Frequency Band to Encourage Price Cuts

Government Offers Mobile Carriers Discounts for 5G Frequency Band to Encourage Price Cuts

SEOUL, Jan. 23 (Korea Bizwire) — The government will offer telecom providers discounted prices for the use of 5G frequency bands in a move to encourage data plan price cuts. The Ministry of Science and Technology announced plans on Sunday to push through with reforms to the radio waves act, laying the legal groundwork for incentives [...]

“Value”, “Customer”, “Innovation” Keywords of Choice Among Conglomerate Heads

“Value”, “Customer”, “Innovation” Keywords of Choice Among Conglomerate Heads

SEOUL, Jan. 3 (Korea Bizwire) – Aside from “business”, “value”, “customer” and “innovation” were the keywords most commonly uttered by the leaders of South Korea’s top 10 conglomerates in their New Year’s addresses. Data provided by leadership assessment service CEOscore revealed that after “business”, which was uttered a leading 32 times, value, customer and innovation [...]

FTC to Investigate Private Foundations Owned by Major Companies

FTC to Investigate Private Foundations Owned by Major Companies

SEOUL, Nov. 2 (Korea Bizwire) – The head of the Fair Trade Commission, Kim Sang-jo, announced plans to investigate the management of private foundations owned by major companies, as part of efforts to reform conglomerates and improve transparency, during a policy meeting today. The FTC made the announcement at today’s policy gathering in Seoul with [...]