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Policy/Politics
Presidential hopefuls include (from left) Moon Jae-in, Ahn Hee-jung, and Lee Jae-myung, the three on the tick of the Democratic Party of Korea (DPK) as well as Ahn Cheol-soo of the People’s Party,  Yoo Sung-min of the Barun Party, and Hong Joon-pyo of Liberty Korea Party. President Park Geun-…
Minister Kang Ho-in of the Ministry of Land, Infrastructure and Transport (MOLIT). The Ministry of Land, Infrastructure and Transport (MOLIT) plans to pour 470 billion won into research and development to foster new industry businesses and brace for the advent of the 4th Industrial Revolution. The …
The Korea Institute for Advancement of Technology (KIAT) hosts a forum on startups’ future innovation.  The Korea Institute for Advancement of Technology (KIAT) hosted a session at the Daegu Venture Center of the Daegu Technopark on March 8 to help companies resolve the difficulties they expe…
IFEZ Commissioner Lee Young-geun.  A project to build the City Tower in Cheongna International City of the Incheon Free Economic Zone (IFEZ) has gotten a boost.  The IFEZ signed an agreement on the management and operation of the upcoming City Tower with the Choengna City Tower cons…
President Moon Jae-do of Korea Trade Insurance Corp.(K-sure) Former Vice Minister Moon Jae-do of the Trade, Industry and Energy, has been appointed to head the Korea Trade Insurance Corp. as president and CEO on March 2. “With the signs of spring in the air, it is my pleasure to offer my greeting…
Second Vice Minister Woo Tae-hee of the Ministry of Trade, Industry and Energy (MOTIE) speaks at the inaugural session of the Nuclear Power Export Consultative Committee at the Seoul Palace Hotel on Feb. 3. (Photo: MOTIE) The government has joined forces with industry and financial circles to exped…
Vice Minister Woo Tae-hee of the Ministry of Trade, Industry and Energy (MOTIE) makes an inspection tour of the Korea Power Exchange. The government plans to spend 1.4 trillion won with the goal of supplying advanced metering infrastructure (AMI) to 22 million households by 2020. Vice Minister Woo…
Chairman Park Sang-woo of Korea Land and Housing Corp.(LH) is on a tour of a project site of the company. (Photos: LH) The Korea Land and Housing Corp. (LH) announced on Feb. 26 that its budget for the construction of houses and other related projects, including the purchase of land and housing wel…
Chairman Yim Jong-yong of Financial Services Commission.(Photo: FSC) The FSC outlined its financial policy direction for 2017, focused on prompt and thorough response to financial market risks; financial support for stabilization of household livelihoods; and financial reforms and innovation to rev…
Rep. Song Seog-jun of the Liberty Korea Party speaks at a forum on how to overhaul a feasibility study system at the National Assembly Building. Rep. Song proposed a revision bill of the Act on the National Health Insurance Service (NHIS) that would pave the way for the NHIS’s implementation of pr…
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Industry/Energy
President Lee Kwan-sup of Korea Hydro & Nuclear Power Co.(Photos: KHNP) Korea Hydro & Nuclear Power (KHNP) has designated 2017 as the first year to make a leap forward by expanding its global presence. Last year, KHNP signed a $600 million O…
Hyundai Motor Group Vice Chairman Chung Ui-sun test-drives Hyundai Motor’s self-driving car IONIQ at the CES 2017 in Las Vegas. Hyundai Motor Co. jumped 13 spots to the 6th and Kia Motors Co. rose to 11th in the U.S. vehicle dependability study ind…
KEPCO President Cho Hwan-eik. (Photo: KEPCO) President Cho Hwan-eik of Korea Electric Power Corp. (KEPCO) is certain to be reelected for one more year for the second time after finishing his initial three-year term at a regular meeting of KEPCO’s b…
KPX President Yoo Sang-hee. Korea Power Exchange (KPX) has begun to allow the transaction of renewable energy certificates (RECs) on the photovoltaic power that individuals and companies generate, which are put on the block, in accordance with the g…


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