President Chung Il-young of Incheon Int’l Airport Corp.Immigration service processing time at Incheon International Airport is expected to be cut to around 20 minutes for arriving passengers and 40 minutes for outgoing passengers, according to a joint statement to enhance the competitiveness of the…

President Suh Jong-dae of the Korea Appraisal Board (KAB). (Photos:KAB) As his contract of 250 million won house in Jeonse (lump-sum deposit for rental) is about to terminate, Mr. Kim is wondering how to cope with the owner’s demand for another 100 million won. Mr. Kim would love to purchase his o…

Dignitaries, including President Seong Sang-cheol of the National Health Insurance Service (NHIS), participate in a ceremony to officially open its new headquarters building in Wonju on March 9. The National Health Insurance Service (NHIS) held a ceremony to officially open its new headquarters bui…

Chairman Kang Ho-kap of the Association of High Potential Enterprises of Korea (Photo: AHPEK) Chairman Kang Ho-kap of the Association of High Potential Enterprises of Korea has been reappointed to serve a second four-term until February 2019. The appointment was made at the association’s general m…

South Korea's National Assembly Speaker Chung Ui-hwa returned from Lusaka, Zambia after attending the Inter-Parliamentary Union (IPU) meeting in the African country from March 14-23 for talks with parliamentary officials. They gathered there to strengthen ties with lawmakers from IPU member countr…

New Chief Investment Officer Kang Myun-wook, of the National Pension Service, one of the three largest pension funds in the world.(Photo:NPS) The National Pension Service (NPS) announced on Feb. 15 that it has appointed Kang Myun-wook, former president of Meritz Asset Management Co, as chief invest…

President Kim Jae-su of the Korea Agro-Fisheries and Food Trading Corp.(aT)(Photo:aT) The Korea Agro-Fisheries & Food Trade Corp. (aT) has been devoting itself to reinventing the decades-old distribution woes of the Korean agriculture and fisheries industries. aT’s efforts to innovate the comp…

President Kim Jong-in of Korea Radioactive Waste Agency (KORAD) Korea Radioactive Waste Agency (KORAD), which has successfully dedicated and operated the first phase of the low- and intermediate-level radioactive waste disposal facility, is launching projects to support neighborhood residents of th…

President Choi Gye-woon of Korea Water Resources Corp.(K-water).(Photo:K-water) The Korea Water Resources Corp. (K-water) led by President Choi Gye-woon, cut its debt by 500 billion won in 2014 and generated 300 billion won in net profit, then slashed its debt another 200 billion won in 2015 thanks…