[By NBC-1TV H. J Yook]Citibank Korea Inc., (CKI, CEO YK Ha, www.citibank.co.kr) today reported net income of KRW 40.5 billion for the second quarter 2012, on revenues of KRW 388.0 billion. Net income was 71.9% lower than the second quarter 2011 and 55% lower than the first quarter 2012 while revenues were 14.9% lower than the prior year period and 8.0% lower than the first quarter 2012. CKI’s Basel II Capital Adequacy Ratio and Tier 1 Capital Ratio at June 30, 2012 were 16.94% and 13.94%, respectively. Interest revenue was down 2.4% year over year and down 4.8% from the prior quarter to KRW 37
[By NBC-1TV H. J Yook]Dental equipment manufacturer Maruchi Co., Ltd. (CEO Sung-Wook Jang, www.endocem.com) announced to have acquired Venture Company Certificate (No. 20120106106) from KIBO last June 28th. Venture Company Certificate system is to select small and medium enterprises with excellent technology or innovation which satisfy venture certification criteria in accordance with Act on Special Measure for the Promotion of Venture Company, and it provides various benefits in tax reduction and financing. Maruchi announced that “we could acquire Venture Company Certificate with our dental c
[By NBC-1TV H. J Yook]Citibank Korea Inc. (CKI, CEO Yung-Ku Ha, www.citibank.co.kr) and Korea Trade-Investment Promotion Agency (KOTRA, President Young-Ho Oh, www.kotra.or.kr) have announced that CKI and KOTRA sign the Memorandum of Understanding (MOU) on the bilateral cooperation for the high potential middle market enterprises operating the overseas business at the HQ of KOTRA in Seoul on Aug. 29, 2012 (Wed.). CKI and KOTRA will cooperate closely by utilizing their global network in order to provide services for the middle market companies operating the global business. The MOU conclusion be
[By NBC-1TV H. J Yook]American Wave Machines, Inc. (AWM), the leading wave technology innovation company, announced the debut of the world's largest standing wave surfing machine, the SurfStream® model SS5032, in Nashua, New Hampshire. This will be the first multi-sport venue with surfing and skydiving. Called Surf‘s Up New Hampshire, it’s part of an expansion of SkyVenture NH, a profitable massive indoor skydiving venue. The all-season indoor SurfStream® will be connected to the skydiving facility and features a retractable glass roof for seasonal open air operation, glass walls for enhanced
[By NBC-1TV H. J Yook]LG Electronics (LG) revealed its newest premium mobile device with the announcement of the Optimus G, a high-end smartphone that offers powerful performance, an elegant and sleek design, and an innovative user experience. As the first LTE device featuring Qualcomm’s Snapdragon™ S4 Pro Quad-Core processor, Optimus G will set the foundation for every future premium smartphone from LG. Best-of-Best Technologies To offer the best smartphone to consumers, LG gathered industry-leading partners and technologies to develop the Optimus G. In collaboration with Qualcomm, LG develop
[By NBC-1TV H. J Yook]LG Electronics (LG) unveiled two new premium IPS moni-tors today at the IFA tradeshow in Berlin, the EA93 and EA83. The EA93 is designed to enjoy variety of entertainment and the EA83 is specifically crafted to handle graphics-intensive applications. The most noticeable feature on the EA93 is the cinematic screen, a 21:9 display – the same ratio used in real movie theaters –that works as a superb solu-tion for home entertainment and multitasking. The EA83 lets consumers take advantage of Wide Quad High Definition (WQHD) resolution (2560x1440 pixels). WQHD offe
[By NBC-1TV H. J Yook]6th Deepwater Asia Pacific 2012 (DAP2012), which will be taking place on November 8th -9th in Ho Chi Minh City Vietnam, is the region’s definitive leadership forum for exploration, investment and development and an invaluable channel for the global offshore and subsea industry to cultivate long-term partnerships. With the past 4 years’ successful event, attracts over 2,000 senior executives from around the world. Under the theme of “Tapping into a New Round of Asia Offshore Industry Consolidation”, 6th Deepwater Asia Pacific 2012 successfully concluded operators such as P
[By NBC-1TV H. J Yook]China Decision Makers Consultancy (CDMC) will host the 8th Asia Gas Congress Japan 2012(AGCJ2012)on November 15th -16th 2012 in Tokyo Japan. It is known in the industry as the best natural gas and LNG event in Asia, having brought together delegates from over 2000+ leading companies across the world to meet with Asian LNG buyers, importers, traders, developers and key stakeholders to discuss Asian buyers LNG appetite. Under the theme of “Connecting Existing Gas Buyers to Potential Gas Suppliers, Understanding the Changing Dynamics of the World LNG Market”, CDMC already co