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Policy/Politics
Administrator Lee Seung-woo of Korea Agency for Technology and Standards (KATS) delivers his commemorative speech at a ceremony to mark 2020 Product Safety Day at Coex in Samseong-dong, Seoul, on Nov. 11. (Photos: KATS)Korea Agency for Technology and Standards (KATS) hosted a ceremony to mark 2020 P…
K-water President Park Jae-hyeon attends a ceremony in which K-water and SMG sealed an MOU on the joint exploring and nurturing of nnovative technologies related to the water industry at the new building of Seoul City Hall on Oct. 8. (Photo: K-water)Korea Water Resources Corp. (K-water) has joined f…
A bird’s-eye’s view of the “Sejong National Pilot City,” to be built by Korea Land & Housing Corp. (LH) in cooperation with the private sector. (Photo: LH)Korea Land & Housing Corp. (LH) plans to jointly build “Sejong National Pilot City” as a smart city platform with the private secto…
Experts, including Kim Taek-jin, head of the Geospatial Information Division at LX, Park So-ah, chief of Live Company Center, Kim Hae-joo, former vice president in charge of big data business support at KT, and Lee Jeong-min, a director with Hancom Life Care, share views at a session, part of 2020 L…
President Kim In-sik of Korea Rural Community Corp. (KRC)Korea Rural Community Corp. (KRC) landed the design and construction supervision of Malawi’s Shire Valley agricultural development project, the African nation’s biggest state project in the agricultural sector. Shire Valley agricultural deve…
Commissioner Kim Kap-sup of Gwangyang Bay Area Free Economic Zone (FEZ) Authority.The government decided to develop the Yulchon port area in Yeosu, Jeollanam-do, which is part of the Gwangyang Bay Area Free Economic Zone, so it becomes a “global marine logistics industry hub.”Minister of Trade, In…
President Jang Joon-young of Korea Envionment Corp. (K-eco) attends a virtual ceremony in which he signed an MOU on climate change response with municipal and local governments of Ulan Bator, the capital of Mongolia, on Nov. 2. (Photos: K-eco)Korea Environment Corp. (K-eco) signed an MOU on a climat…
President Moon Jae-in poses for a photo shoot after an MOU signing ceremony for establishing a bio-tech ecosystem on International Campus of Yonsei University on Nov. 18. From left are Kim Kyu-seok, CEO of Wiatek, Seo Jung-jin, chairman of Celltrion, Seo Byeong-jo, president of Incheon Techno Park, …
Minister Park Young-sun of Ministry of SMEs and Startups (MSS). (Photos: MSS)The Ministry of SMEs and Startups (MSS) is striving to establish an ecosystem in which unicorn companies can be created through the K-unicorn Project to bring about a vigorous and innovative national economy. “In particula…
Minister Park Jong-ho of the Korea Forest Service (KFS). (Photos: KFS)Korea Forest Service held an event on a project to develop wearable technology designed to ensure safety during mountain firefighting, at the National Chilgok Wood Experience Center on Oct. 30. The project involves the commerciali…
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Business/Company
Lotte Group Chairman Shin Dong-bin. (Photo: Lotte Group)Lotte Group Chairman Shin Dong-bin became the first Korean business leader to meet with Japanese Prime Minister Yoshihide Suga since he took office, succeeding his predecessor Shinzo Abe. Chairm…
Samsung Electronics reported 66.96 trillion won in consolidated revenue and 12.35 trillion won in operating profit for the third quarter ended Sept. 30.Even as the COVID-19 pandemic continues around the world, reopening of key economies led to a sign…
Hyundai Motor Group Chairman Chung Eui-sun. (Photos: Hyundai Motor Group)Global companies are scrambling to develop robots as the non-face-to-fact contact market is on the rise, caused by the spread of the COVID-19 pandemic. Automakers, including Hyu…
POSCO Chairman Choi Jeong-woo. After logging its first quarterly operating loss in 2020 Q2, POSCO bounced back to operating profit territory in Q3. POSCO expects a better business performance in Q4 on the back of the resumption of global economic act…


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