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Commissioner Kwon Oh-bong of the Gwangyang Bay Area Free Economic Zone (GFEZ). The Gwangyang Bay Area Free Economic Zone (GFEZ) has successfully attracted 33 companies and investments worth 1,148.3 billion won under the stewardship of GFEZ Commissioner Kwon Oh-bong, who took office in July 2015. T…
New President Hwang Kyu-yeon of the Korea Industrial Complex Corp. (KICOX) delivers his inaugural speech at the KICOX headquarters in Daegu on Sept. 12. Former Deputy Minister Hwang Kyu-yeon, of the Office of Industrial Creativity and Innovation at the Ministry of Trade, Industry and Energy (MOTIE)…
Gov. Won Hee-ryong of Jeju Special Self-governing Province talks at a meeting of members of the Organizing Committee of the 15th World Korea Business Convention to be held from Sept. 27 at the International Convention Center Jeju and leading CEOs in Korea to attend the convention held on April 27 at…
Director General Park Min-woo of the Railway Bureau at the Ministry of Land, Infrastructure and Transport (MOLIT) The government is going all out to implement the 3rd Railway Network Buildup Scheme.  The following are excerpts of an interview in which Director General Park Min-woo of the Rail…
Notables, including MOLIT Minister Kang Ho-in, Korea Railway Network (KR) Chairman & CEO Kang Yeong-il and concurrently chairman of the Korean Railway Association (KORASS), and Korea Railroad Corp. (Korail) President Hong Soon-man attend the 117th Railway Day anniversary event held at the Railwa…
With high-end technologies and know-how Korea Rail Network Authority (KR) has accumulated as a railway-specialized authority, KR is actively participating in the global railway market, expanding its rail network far beyond Korea.(Photo: KORASS) The Korea Railway Association (KORASS) and Korea Rail …
A view of the Imae Station  on the Gyeonggang Electric Rail Line which opened on Sept. 24 stretching for 57 km connecting Pankyo and Yeoju, Gyeonggi Province.(Photo: Korail) The new electric railroad connecting Seongnam City, Gwangju, Icheon  and Yeoju, Gyeonggi Province, will be complete…
Korea Post President Kim Kee Deok. South Korea’s biggest postal service will buy more U.S. assets as the state-run fund joins a global hunt for better returns amid record-low interest rates and sagging economic growth at home. Korea Post, which has about 110 trillion won ($97 billion) of savings …
Chief Investment Officer Kang Myoung-wook of National Pension Service. The National Pension Service (NPS) plans to expand its investments in China and India, especially in government bonds in China, CIO Kang Myoun-wook of the national retirement fund said in an interview with Bloomberg News. Expla…
Minister of Land, Infrastructure and Transport Kang Ho-in delivers his commemorative speech at the 117th anniversary event of Railway Day on Sept. 8. Minister Kang Ho-in of the Ministry of Land, Infrastructure and Transport called for massive investments in railway technology development to ensure …
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Economy/Finance
Mirae Asset Securities Vice Chmn. Kim Mi-seob and Heo Sun-ho. (Photo: Mirae Asset Group)Mirae Asset Securities announced on Aug. 12 that it racked up a consolidated net profit of 1,905.2 billion won in the second quarter of this year, becoming the fi…
Chairman Ham Young-joo of Hana Financial Group. (Photos: Hana Financial Group)Hana Financial Group announced on Aug. 25 that it has opened the Gwangju Seo-gu AI & Digital Job Center in Seo-gu, Jeonnam Gwangju Special City to support the enhanceme…
President & CEO Park Chang-hoon of Shinhan Card. (Photos: Shinhan Card)Shinhan Card has launched the Kakao Bank Chakbut Shinhan Card, a private label credit card (PLCC) featuring trendy, lifestyle-oriented benefits, in collaboration with Kakao Ba…
Chairman Lee Jae-keun of KB Financial Group. (Photos: KB Financial Group)KB Financial Group operated the Global Demo Day Program in Singapore for two days from Aug. 26 to 27 in collaboration with the KOSME’s K-Startup Center Singapore to support Kor…


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