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Vietnamese PM Calls for SK Group’s Investment in Privatization of State Firms

Vietnamese PM Calls for SK Group’s Investment in Privatization of State Firms

SEOUL, Nov. 9 (Korea Bizwire) — Vietnamese Prime Minister Nguyen Xuan Phuc has asked the chairman of South Korea’s SK Group to participate in the privatization of state-owned companies in one of the world’s fastest growing economies, the conglomerate said Friday. “We will spare no effort in providing comprehensive assistance in cooperation with SK,” Phuc [...]

Use of Disposable Cups to be Halted at SK Building as Part of an Environmental Campaign

Use of Disposable Cups to be Halted at SK Building as Part of an Environmental Campaign

SEOUL, Nov. 5 (Korea Bizwire) — SK Group has vowed to create more social value within the community by kicking off an environmental campaign that aims to reduce the use of disposable cups within the company. According to a source within SK Group, companies currently situated within the SK Building in Jongno, Seoul including SK [...]

SK Hynix to Set Up Foundation

SK Hynix to Set Up Foundation

SEOUL, Jun. 5 (Korea Bizwire) — SK hynix Inc., the world’s second-largest memory chip manufacturer, said Tuesday that it will set up a foundation as part of SK Group’s broader efforts to create social value. The foundation is designed to, among other things, foster experts in such fields as safety, health and environment by offering [...]

Social Enterprise Upcycles Leather from Car Seats into Quality Bags

Social Enterprise Upcycles Leather from Car Seats into Quality Bags

SEOUL, May 3 (Korea Bizwire) — When studying in Britain in 2010, Choi Ian was shocked one morning to find his old yet beloved Rover Mini parked on the street and crushed so heavily in both the front and rear that repairs made no sense. The insurance firm offered money in exchange for scrapping the [...]

SK Invests in Singapore’s Ride-hailing Firm Grab

SK Invests in Singapore’s Ride-hailing Firm Grab

SEOUL, Apr. 5 (Korea Bizwire) — SK Holdings Co., the holding firm of South Korean energy and telecom conglomerate SK Group, has invested in Singapore-based ride-hailing firm Grab, a company official said Thursday. SK Holdings made the investment in mid-March, Lee Young-suk, an official handling brand management at SK Holdings, said. “We are interested in [...]

SK Pursues Shareholder-Friendly Management

SK Pursues Shareholder-Friendly Management

SEOUL, Dec. 22 (Korea Bizwire) – SK Holdings is increasingly pursuing shareholder-friendly polices, including an e-voting system, in a move to improve shareholder value and help satisfy all the interested parties including customers, stockholders and society. According to SK Holdings, a plan to introduce an electronic voting system next year was passed during a board [...]