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Deputy Prime Minister-Minister of Economy and Finance Hong Nam-ki speaks at a related ministers’ meeting in which he presided over at the Government Complex in Seoul on April 23. The meeting discussed how to provide financial support to the cash-strapped Asiana Airlines. (Photo: MOEF)The government…
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A scene from the K-water Situation Room to check on dams and reservoirs across the country thru electrical hookups.President Lee Hak-soo of Korea Water Resources Corp. (Photos: K-water)Korea Water Resources Corp. (K-water) conducted an annual inspection on the quality, quantity and ecological condit…
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A view of the Gov. Yang Seung-jo of Chungcheong nam-do, 7th R, and members of his mission and top managers of the French company posing for a photo session after signing an MOU for $500 million investment to expand and newly build a poly propylene plant in Daesan, South Chungcheong Province on April…
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President Chang Joon-young of Korea Environment Corp. (K-eco). (Photo: K-eco)Korea Environment Corporation (K-eco)’s “telemetery monitoring system” (TMS) has proved to have properly managed air pollutants being emitted by 90 percent of smokestacks. Worksites, subject to TMS, also known as the Cle…
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President Chang Joon-young of Korea Environment Corp. (K-eco). (Photo: K-eco)Korea Environment Corporation (K-eco)’s “telemetery monitoring system” (TMS) has proved to have properly managed air pollutants being emitted by 90 percent of smokestacks. Worksites, subject to TMS, also known as the Cle…
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President Byun Chang-heum of Korea Land & Housing Corp. (LH).Prof. Byun Chang-heum of King Sejong University Department of Public Administration took office as president of Korea Land & Housing Corp. (LH) on April 29. New President Byun became the fourth president of LH, which made its debut…
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President Moon Jae-in speaks at a ceremony to announce the official commercialization of Korea’s 5G mobile telecom network for the first time in the world at the K-art Hall in Olympic Park in southeastern Seoul on May 8. (Photo on the courtesy of the website of Cheong Wa Dae)As two years have passe…
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Seoul Mayor Park Won-soon pays out via Zero Pay at a coffee outlet in Jung-gu, Seoul.Starting May 2, payments can be made via Zero Pay at 43,171 outlets across the nation, including the nation’s top five convenience shops.Since last December, the Seoul Metropolitan Government (SMG) and the Ministry…
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Chairman Choi Jong-gu of the Financial Services Commission(FSC). (Photo: FSC)The country’s financial regulator, the Financial Services Commission (FSC), will inject 4 trillion won ($3.4 billion) into the market through a state venture fund aimed at creating “new and advanced” industries this year…
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Minister of Trade, Industry and Energy Sung Youn-mo, President Lee In-ho of Korea Export Insurance Corp. (K-sure), Dir.-Gen. Yoon Sang-heum in charge of trade negotiations at MOTIE, Tengku Muhammad Taufik Tengku Aziz, Executive VP, CFO & Executive Director,Petroliam Nasional Berhad, and YB and D…
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CEO Hur Sae-hong of GS Caltex talks with GS Caltex staff members at GS Tower in Gangnam-gu, Seoul. (Photo: GS Caltex)GS Holdings said in an electronic notice released on May 13 that the holding company of GS Group posted 6,842.4 billion won in revenu…
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CEO Anwar A. Al-Hejazi of S-OIL. (Photos: S-OIL)S-OIL chalked up more than 1.2 trillion won in operating profit on the back of inventory profit, caused by crude oil price hikes for the first quarter of this year, in results that surprised analysts.Pr…
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Chairman Chang Sae-joo of Dongkuk Steel Group. (Photos: Dongkuk Steel Group)Dongkuk Steel announced on April 24 that it posted sales of 857.2 billion won, an operating profit of 21.4 billion won, and a net profit of 6.2 billion won in the first quart…
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Chairman Park Gee-won of Doosan Enerbility. (Photos: Doosan Enerbility)Doosan Enerbility said on April 23 that major Doosan Enerbility executives, including Chmn. Park Gee-won, embarked on efforts to promote cooperation to participate in a new power …
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