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Policy/Politics
Director General Cha Dong-hyung, in charge of industry technology policy at the Ministry of Trade, Industry and Energy (MOTIE). The Ministry of Trade, Industry and Energy has introduced a concept program this year in order to improve R&D efficiency and task applicants¡¯ convenience. The new reg¡¦
Administrator Kim Sangkyu of the Public Procurement Service (PPS) The Korea Public Procurement Expo 2015 (KOPPEX 2015) has established itself as Korea¡¯s largest G2B tradeshow. As many as 2,440 SMEs with technology prowess have participated in the expo, with spectators reaching 470,000 since its in¡¦
Chairman Yim Jong-yong of Financial Services Commission.(Photo:FSC) Chairman Yim Jong-yong of the Financial Services Commission (FSC) said recently that the FSC will push 18 detailed tasks under three major strategies, divided into six core sectors. The first is to change the FSC¡¯s role from coac¡¦
Minister of Trade, Industry and Energy Yoon Sang-jick tours MCNEX Co., an autonomous driving-related parts maker, in Gasan-dong, western Seoul.(Photos:MOTIE) The Koran parts and materials industry, once blamed for contributing to a worsening trade deficit in favor of Japan, has turned its fortunes ¡¦
President Park Geun-hye stands at the forefront of the key executives and pilots for FA-50 jet fighters at a ceremony at Korea Aserospace Industries on Oct. 30, 2014 to turn the aerospace industry into a strategic sector and a model for success under the Creative Economy Drive pushed by the governme¡¦
President Kim Young-hak of Korea Trade Insurance Corp.(K-sure) (Photos:K-sure)President Kim Young-hak of K-sure signs an MOU on mutual cooperation with Kuwait Petroleum Corp.(KPC) in Kuwait City in which K-sure will provide $2 billion worth of insurance coverage to Korean firms dealing with KPC duri¡¦
Korea Elevator Safety Institute (K.E-safe) President Kong Chang-seug.  Elevators have become the most commonly used mode of transportation in people¡¯s everyday lives. Currently, some 530,000 elevators are in operation across the nation. If an elevator accident takes place, it could lead to mu¡¦
Korea Electrical safety Corp. (KESCO) CEO Lee Sang-kwon. [Photo:KESCO) Korea Electrical safety Corp. (KESCO) CEO Lee Sang-kwon has been honored with the 2015 Korea Creative Economy Grand Prix in Safety Management for his contributions to cutting down on fires caused by electricity.  KESCO Pre¡¦
Saudi King Salman bin Adudulaziz Al Saud, the custodian of the two Holy Mosques, rolls out the red carpet for President Park Geun-hye by receiving her at King Khalid International Airport in Riyadh on March 3. The Park Geun-hye government is stepping on the gas to flesh out steps to parlay her late¡¦
Korea Industrial Complex Corp. (KICOX) President Kang Nam-hoon.(Photo:KICOX) Korea Industrial Complex Corp. (KICOX) provides a one-stop service for companies wanting to make their way into foreign markets, market exploration.  Ace Machinery Co., a specialized maker of automatic folding carton¡¦
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Business/Company
A view of LG Chem¡¯s Pavilion at K 2025, the world¡¯s premier trade fair for plastics and rubber, which took place from Oct. 8 to Oct. 15 in Düsseldorf, Germany. (Photo: LG Chem)LG Chem announced on Sept. 29 that it has completed the development¡¦
POSCO INTERNATIONAL CEO Lee Kye-In, Opole Province Governor Monika Jurek, and South Korean Ambassador to Poland Tae attend a ceremony to dedicate a drive motor core plant in Brzeg, Opole Province, Poland on Oct. 1. (Photo: POSCO INTERNATIONAL)POSCO I¡¦
Samsung Electronics Chmn. Lee Jae-yong shakes hands with Open AI CEO Sam Altman at Samsung Electronics Building in Seocho-dong, Seoul, after signing an LOI to build key infrastructure for global AI on Oct. 1. (Photo: Samsung Electronics)Samsung Elect¡¦
Executive Chair Chung Eui-sun of Hyundai Motor Group. (Photo: Hyundai Motor Group)No wonder Hyundai Motor Group has grown into a global top three in terms of global sales on the back of renewing best-ever sales and operating profit and rising brand v¡¦


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