HANWHA’S NEW YEAR CHARITY — Hanwha Corp. CEO Choi Yang-soo (right) and company officials deliver tteokguk, or rice cake soup, to elderly citizens at the Yurak Community Welfare Center in Sindang-dong, Seoul, Thursday. The firm also delivered lunchboxes to senior citizens living alone in the area as part of its charity efforts ahead of the Lunar New Year, known as Seollal in Korean. (Hanwha Group)

SPC’s NEW YEAR CHARITY -- Employees at SPC Group, which operates the nation’s largest bakery franchise Paris Baguette, give tteokguk (rice cake with soup) as well as baked goods to the elderly at the Yangjae Senior Welfare Center in Seoul ahead of the Lunar New Year, or Seollal. Since 2003, the company has provided roughly 1 billion won ($820,000) to various social institutions in Korea during Seollal and Chuseok, Korea’s two major holidays. (SPC Group)

S-OIL’S NEW YEAR CHARITY -- S-Oil CEO Nasser Al-Mahasher (second from right) and company employees pass out tteokguk (rice cakes with soup) to hundreds of underprivileged citizens living in single-room occupancy housing in a shantytown near Yeongdeungpo Station in Seoul ahead of the Lunar New Year. The oil refiner has been carrying out this charity event annually since 2007. (S-Oil)

JUMPING INTO RACE FOR LUXURY SEDANS -- Ssangyong Motor joined the competition in the luxury sedan market by launching its upgraded flagship Chairman sedan with the new name of Chairman W “Kaiser” on Tuesday. The price tag of Ssangyong’s facelifted chauffeur-driven luxury sedan with four trims ranges from 56 million won ($46,550) to 112 million won. (Ssangyong Motor)

SAMSUNG’S NEW GALAXY -- Samsung Electronics sent out an invitation to the media Wednesday for the unveiling event of its new flagship smartphone Galaxy S7 to be held in Barcelona, Spain on Feb. 21. (Samsung Electronics)

Booyoung Group chairman Lee Joong-keun (center) gestures with students after donating digital pianos and blackboards to an elementary school in the Philippines on Friday.   (Booyoung Group)

A traditional market in Busan is crowded with shoppers Sunday ahead of the Lunar New Year holiday.    (Yonhap)

SK Group chairman Chey Tae-won (right) and his wife Roh So-young attended separately the funeral session for the late Roh Soon-ai, the wife of late SK Group founder Choi Jong-kun, at Samsung Medical Center in southern Seoul on Sunday morning. Last month, the chairman admitted to extramarital affairs and a child with another woman, announcing his intention to divorce his wife. (Yonhap) 

Hyundai Motor executive vice president Kwak Jin poses with an EQ900 sedan at a ceremony in Seoul on Friday after the first model of Hyundai Motor’s global luxury brand Genesis was awarded by the Korean Auto Journalists Association as the “Car of the year 2015.” (Hyundai Motor)

NEW DS5 DEBUTS -- Hanbul Motors, the Korean importer of Peugeot Citroen brands, started selling its premium brand DS’ crossover sedan, the New DS5, in Korea on Jan. 29. Equipped with a 2.0L BlueHDi 180 horsepower engine, the vehicle boasts a glass roof and a rear camera, as well as a luxurious interior inspired by an airplane cockpit. Prices start from 45.9 million won ($38,000). (Hanbul Motors)

PRAYER ROOM -- The Korea International Trade Association opened a prayer room at the Coex mall in Samseong-dong, Seoul, Thursday for visiting Muslim buyers. It is the first time a Korean business association has opened a Muslim prayer room. KITA

OCI COMPLETES HUAI’AN SOLAR PLANT — OCI president Huh Man (center) and company officials hold a ribbon-cutting ceremony Wednesday to mark the completion of OCI’s 10-megawatt solar power plant located in a 270,000-square-meter-wide crab farm in Hongze County of Huai’an, China. The plant, able to produce electricity for some 3,600 households, will become a supplier to the State Grid Corporation of China for the next 20 years, according to green energy and chemical company OCI. (OCI) OCI’s 10-megaw

KB Financial Group chairman Yoon Jong-kyoo (center) and Financial Supervisory Service Gov. Zhin Woong-seob (right, front row) at a visit to a traditional market in Seoul on Tuesday. The visit was part of efforts to revive business in conventional markets ahead of the Lunar New Year holidays.  KB Financial Group

LG PORTABLE SPEAKERS BOAST UNIQUE DESIGN -- Models pose with tech giant LG Electronics’ tumbler-shaped portable speaker, dubbed the Portable Speaker 360 (left), and a speaker with a wooden body, named the Portable Speaker Classic (right), in Seoul on Monday. (LGE)