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Policy/Politics
 (left) the Stars and Stripes of the United States and the national flag of North Korea.U.S. President Donald Trump plans to meet with North Korean leader Kim Jong-un for a second summit in Hanoi, Vietnam from Feb. 27 to 28 to discuss North Korea’s denuclarization. All eyes around the world ar…
Minister Sung Yun-mo of the Ministry of Trade, Industry and Energy (MOTIE) meets with Minister Sultan Ahmed Al Jaber of State in the UAE, concurrently CEO of the Abu Dhabi National Oil Company (ADNOC) on Jan. 13. (Photos: MOTIE)Minister Sung Yun-mo of the Ministry of Trade, Industry and Energy (MOTI…
FSC Chmn. Choi Jong-ku addresses the hearing on the revision of the laws on information including the Credit Information Law held at the National Assembly on Feb. 13. (Photos: FSC) Chairman Choi Jong-ku of Financial Services Commission (FSC).Chairman Choi Jong-ku of Financial Services Commission (FS…
Minister Kim Jae-hyun of Korea Forest Service. (Photo:KFS)The Korea Forest Service (KFS) will establish 32 new forested areas around the country to help mitigate the negative effects of “fine dust,” including planning 11 forests within cities to help improve urban life around the country.At a medi…
 Kim Yong-chae, chief of the FEZ Planning Office.(Photo:MOTIE) / IFEZ Commissioner Kim Jin-yong. (Photo:IFEZ) YESFEZ Commissioner Hwang Sung-tae.(Photo:YESFEZ) / DGFEZ Commissioner Lee In-sun. (Photo:DGFEZ) GFEZ Commissioner Kim Kap-sup.(Photo:GFEZ) / CBFEZ Commissioner Chun Hyung-shi…
President Park Sang-woo of Korea Land & Housing Corp. (LH), State Minister for Housing and Services Jinan Boushehri, Director General of the Public Authority for Housing Welfare (PAHW) Bader Al-Wugay, and Director Lee Myung-sup in charge of overseas construction support at the Ministry of Land, …
President Lee Hak-soo delivers his New Year’s speech at a ceremony held on Jan. 2 at K-water head office to kick off the new year of 2019. (Photos: K-water)President Lee Hak-soo of Korea Water Resources Corp.President Lee Hak-soo of the Korea Water Resources Corp. (K-water) said in his New Year’s …
President Lee Kang-rae of Korea Express Corp. (KEC) gives a speech at a ceremony to mark the 50th anniversary. (Photo: KEC)President Lee Kang-rae of Korea Expressway Corp. (KEC) revealed a plan of becoming “an artery of peace” to pave the way for inter-Korean reconciliation and exchanges on the oc…
President Kim Hak-kyu of Korea Appraisal Board (KAB) (Photo: KAB)Korea Appraisal Board (KAB) predicted that housing transaction and jeonse (a lump sum deposit on a rental space) prices across the nation would plunge 1 percent and 2.4 percent, respectively, this year compared to 2018.The prediction w…
Deputy Minister for Trade and Investment Park Tae-sung of the Ministry of Trade, Industry and Energy (MOTIE), Executive Vice Chairman Han Jin-hyun of the Korea International Trade Association (KITA) as well as representatives and CEOs from KOTRA and the Small and medium Business Corp. (SBC) and comp…
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Business/Company
LG Chem Vice Chairman Shin Hak-cheol.LG Chem, which has been leading the global lithium-ion battery market for the past 20 years, is expected to surpass the 6 trillion won threshold in sales last year for the first time on the back of rising demand f…
Samsung Electronics Vice Chairman Lee Jay-yong shakes hands Rep. Hong Young-pyo, floor leader of the ruling Democratic Party of Korea (DPK), who toured the Hwaseong Campus in Gyeonggi-do on Jan. 30. (Photo: Samsung Electronics)Samsung Electronics, wh…
CJ Group Chairman Lee Jay-hyun. (Photo: CJ)CJ Cheiljedang logged its best-ever annual sales and net profit last year with sales figures coming to 18.670,1 trillion won and net profit 925.4 billion won, up 13.3 percent and 124.5 percent, respectively,…
POSCO Chairman Choi Jeong-woo. POSCO Group posted about 5.5 trillion won in operating profit last year, the best in seven years. The group surpassed the 60 trillion won threshold in annual sales for the second straight year.POSCO set the 2019 sales t…


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