SEOUL, Jul. 20 (Korea Bizwire) — SK Group will take steps to boost domestic consumption, including encouraging its employees to take long vacations and facilitate growth of subcontractors, corporate sources said Thursday. CEOs of the group’s key subsidiaries met in Seoul on Tuesday where they discussed enhancing work effectiveness and contributing to spurring local demand, [...]
SEOUL, Jul. 9 (Korea Bizwire) — SK Group Chairman Chey Tae-won recently met with government officials in China to discuss possible investments in a variety of business sectors, the company said Sunday. On Friday, SK Chairman Chey had meetings with officials from the Tianjin City to share views on petrochemicals, semiconductors, environment-friendly energy and bio [...]
SEOUL, Jun. 29 (Korea Bizwire) — SK Group, a South Korean energy and telecom conglomerate, said Thursday that it plans to strengthen business ties and expand investment in the U.S. shale gas sector. Chey Tae-won, chairman of SK Group, attended a ceremony in Washington on Wednesday (local time) to sign a memorandum of understanding with [...]
SEOUL, Jun. 20 (Korea Bizwire) — The head of SK Group, South Korea’s third-largest conglomerate, stressed on Monday a need for his firm to play a bigger role in “sharing the profit” with smaller companies, in an apparent move to be in step with the new government’s policy drive. “SK should feel deeply responsible for, [...]
SEOUL, June 7 (Korea Bizwire) – South Korean conglomerate SK Group held its 2017 SK Global Forum in New Jersey, America last Saturday in search of global human resources, as part of its preparation for a foray into the global market, the company said yesterday. Members of SK Group’s senior management team including SK Energy [...]
SEOUL, May 16 (Korea Bizwire) — SK Group has appointed Jerry Wu, a former financial expert in investment banking, as the new CEO of SK China as part of a major shake-up to revamp its business strategy amid Chinese economic sanctions and anti-South Korean sentiment over the deployment of a THAAD missile defense system, the [...]
SEOUL, April 14 (Korea Bizwire) – SK Group’s chief has shown a strong will to take over the memory division of Japanese tech giant Toshiba Corp., as the group’s chipmaking unit, SK hynix Inc., joined the race for the acquisition. “The bidding for Toshibia that is currently being processed is not binding. Accordingly, the price [...]
SEOUL, Mar. 15 (Korea Bizwire) — South Korea’s major business groups face another round of investigations for their alleged involvement in the bribery scandal that led to the impeachment of President Park Geun-hye, industry and legal sources said Tuesday.Prosecutors at the Seoul Central District Prosecutors’ Office took over the bribery case late last month when [...]
SEOUL, Nov. 24 (Korea Bizwire) – South Korea’s SK Group will work with oil producers of the Middle East to find new business models beyond developing petroleum products, the conglomerate said Thursday. The group’s chairman Chey Tae-won, visiting the region this week, met with CEOs of sovereign funds, oil companies and other partner firms, and [...]
SEOUL, March 11 (Korea Bizwire) – Chey Tae-won, chairman of SK Group, was spotted in the parking lot of SK Group’s headquarters riding a Socar vehicle. According to SK Group, Chey appeared in the parking lot of the headquarters building with Socar officials. After riding a Kia Ray for 10 minutes, attracting some attention, he [...]