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Seoul Mayor Park is heading a special envoy delegation to the ASEAN for President Moon Jae-in, including Rep. Kim Hyun-mi of the MPK, who was appointed to be minister of land, infrastructure and transport, and Rep. Shin Kyung-min. Seoul Mayor Park Won-soon, acting as a special envoy to the ASEAN fo…
President Moon Jae-in delivers his congratulatory speech at the 2017 AIIB Annual Meeting at the Jeju International Convention Center on June 16. (Photo: Cheong Wa Dae) President Moon Jae-in on May 10 said the Silk Road by land and sea will be completed when South and North Korea are connected by ra…
Korean National Assembly Speaker Chung Se-kyun poses with foreign parliamentary leaders, including Indian House Speaker Sumitra Mahazan, during their meeting designed to discuss the 2nd Eurasian Parliamentary Summit in Seoul on April 2. (Photo: National Assembly) Speakers and vice speakers from abo…
Prime Minister Lee Nak-yon delivers his inaugural speech on June 1 after he was approved by the 1st premier of President Moon Jae-in government. Prime Minister Lee Nak-yon took office on June 1 after getting the nod from the National Assembly as the first prime minister of the President Moon Jae-in…
President Moon Jae-in explains about the bulletin board on job creation installed at the Yeomingwan, the presidential office of Cheong Wa Dae. (Photo: Cheong Wa Dae) The Presidential committee for job creation announced a package of plans for job creation within President Moon Jae-in’s first 100 d…
KOTRA President Kim Jae-hong. (Photos: KOTRA) The Korea Trade-Investment Promotion Corp. (KOTRA) will revamp its operation and service regimes to maximize job creation through exports and attracting of investments.  At a news conference marking the 55th anniversary at Gwanghwamun, downtown Se…
Executive Vice President Baek Jin-seok for Food Industry & Export Promotion at the Korea Agro-Fisheries & Food Trade Corporation (aT). "AT is concentrating on a two-prolonged strategy, developing new export items and exploring new markets, to ensure sustainable growth of the Korean food and…
Commissioner Jin Yang-hyun of the Busan Jinhae Free Economic Zone (BJFEZ) Authority (Photo:BJFEZ) The Busan-Jinhae Free Economic Zone (BJFEZ) ranked 1st overall in the 2016 performance evaluation of seven free economic zones across the nation for the second straight year.  The Economic Free Z…
Dignitaries, including K-water President Lee Hak-soo and KEB Hana Bank President Ham Young-joo, listen to a briefing on aT’s joint overseas market entries with SMEs at a workshop on the establishment of an open water industry platform at aT Center in Seoul on June 19. K-water is establishing an “…
President Chung Seung of Korea Rural Community Corp., right, inspects a water pipe line in South Jeolla Province on his tour of the drought stricken areas in the province where a number of officers and staff of KRC has been assigned to fight the dry spell in the weather. (Photo: KRC) The Korea Rura…
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Economy/Finance
President Kim Jae-chun of Korea Housing Finance Corp.(Photo: KHFC) Korea Housing Finance Corp. (KHFC) provides housing finance in Korea. It offers long-term mortgage loans; housing guarantees for individuals, such as guarantees for rental, installme…
President Lee Kwang-goo of Woori Bank. Shares of Woori Bank have been rising rapidly this year with the expectation that the bank would do well in the first year of its privatization. The government sold most of its stake in the bank to multiple pri…
Chairman Hwang Rok of the Korea Credit Guarantee Fund(KODIT). The Korea Credit Guarantee Fund (KODIT) celebrated its 41st anniversary on June 1 with a ceremony at its head office in Daegu. All of the entire officers and staff signed “E-Clean” Affi…
Shinhan Card President Lim Young-jin. Shinhan Card has launched the Asiana Shinhan Card Air 1.5, which strengthens benefits for cardholders from the accumulation of mileage with Asiana Airlines. The new card has the highest mileage accumulation rate…


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