SEOUL, Aug. 16 (Korea Bizwire) — SK Group has decided to work with other global corporations over the next three years to build international standards to measure the ‘social value’ generated by businesses. SK announced that the Value Balancing Alliance (VBA), a non-profit organization in Frankfurt, Germany, will begin carrying out the task of jointly [...]
SEOUL, Jun. 20 (Korea Bizwire) — South Korean energy and telecom conglomerate SK Group is likely to be the top debt seller in the first half of the year, industry data showed Thursday, as it attempted to refinance maturing debts and invest in promising businesses. According to the data compiled by Infomax, the financial news [...]
HANOI/SEOUL, Jun. 9 (Korea Bizwire) — SK Group, South Korea’s third-largest conglomerate, said Sunday it will provide US$30 million to support the building of Vietnam’s tech innovation center. SK Group Chairman Chey Tae-won reached a funding agreement with Vietnamese Prime Minister Nguyen Xuan Phuc during his three-day visit to the Southeast Asian nation last week, [...]
SEOUL, May 29 (Korea Bizwire) – Social value, a concept defined as the product of resolving various social issues such as environmental problems and employment, is an inevitable trend of today’s era, experts argue. Panels at Social Value Connect 2019, held on Tuesday at the Grand Walkerhill Hotel Seoul, agreed that the act of seeking social [...]
SEOUL, May 21 (Korea Bizwire) – Energy-to-telecom conglomerate SK Group on Tuesday unveiled a system to measure the social value created by its affiliates, emphasizing its new business philosophy to share benefits with society. Social value refers to the achievements of a company in resolving various social issues, such as pollution and jobs, through its [...]
SEOUL, May 16 (Korea Bizwire) — Energy-to-telecom conglomerate SK Group said Thursday it will invest US$ 1 billion in Vietnam’s leading conglomerate in a bid to expand its presence in the Southeast Asian market. SK Group said it has signed a deal to buy a 6.1 percent stake in Vingroup, with the deal also calling [...]
SEOUL, Feb. 24 (Korea Bizwire) — SK Holdings Co., the holding firm of South Korean conglomerate SK Group, ranked No. 1 among all stocks listed on the main bourse in terms of conversion prices, the Korea Exchange (KRX) said Sunday. The conversion price of SK Holdings was 6,775,000 won (US$6,022) based on Friday’s closing price [...]
SEOUL, Nov. 30 (Korea Bizwire) — Chey Tae-won, the chairman of SK Group, has revealed that the company is willing to boost investment in a new electric car battery plant in the U.S. state of Georgia. Construction of the plant is expected to kick off next year. Chey visited SK’s Washington D.C. office on November [...]
WASHINGTON, Nov. 28 (Korea Bizwire) — The chairman of South Korea’s SK Group was in Washington on Wednesday, vowing to make a commitment not only to the U.S. market but also its people and society. Chey Tae-won, who heads South Korea’s third-largest conglomerate by assets, formally opened the Washington office of chipmaker SK hynix Inc. [...]
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 [...]