Chairman Kim In-ho of the Korea International Trade Association who was inaugurated in a ceremony on Feb. 26 at the KITA building in Seoul.(Photo:KITA) In his inaugural ceremony on Feb. 26, new Korea International Trade Association (KITA) Chairman Kim In-ho said everything has to be changed to brea…

Permanent Inspector Jeong Song-hag of Korea Asset Management Corp. (KAMCO) & Chairman of the Institute of Public Corporation Internal Auditors of Korea (IPCA Korea) Chairman Jeong Song-hag, right, accepts the flag of the Institute of Public Corporation Internal Auditors of Korea at the inst…

Director General Sohn Byeong-seok of the Railway Bureau at the Ministry of Land, Infrastructure and Transport (MOLIT)(Photo:MOLIT) The Honam High-speed Railway, to be opened to the public in early April, will reinvigorate regional economies and promote a balanced land development, said Director Gen…

Deputy Minister for Trade Woo Tae-hee explains on the initialing of Korea-China Free Trade Agreement on Feb. 25.(Photo:MOTIE) All products from the inter-Korean joint industrial complex in Gaeseong, North Korea, will benefit from a reduction or elimination of China’s import tariffs as they will be…

Chairman Yim Jong-yong of the Financial Services Commission speaks during his media briefing session held at the International Conference Room of Korea Press Center on March 16. (Photos:FSC) Chairman Yim Jong-yong said he will focus on deregulating the strict financial rules in the country while he…

Jeju Free International City Development Center (JDC) Chairman Kim Han-wook.A general view of JDC headquarters.(Photos:JDC) Jeju Free International City Development Center (JDC) has unveiled this year’s top three goals — expanding the outcomes of existing projects, fleshing out new projects …

 Acontroversy is brewing over the government’s proposal to raise the minimum wage, and the business community has also asked for a delay of an increase in corporate taxes that is being considered in political circles.  The government has hinted at a plan to raise workers’ wages to inv…

Executives of the Seoul Chamber of Commerce and Industry are lined up following an official ceremony for the inauguration of the newly elected executives led by Chairman Park Yongmaan, who has been reelected to serve another term on Feb. 24 at the SCCI building in Seoul.(Photo:KCCI) Chairman Park Y…

President Byon Jong-rip of Korea Energy Management Corp.(Photo:KEMCO) Korean Energy Management Corp (KEMCO) will change its name to Korea Energy Corp. on July 29 to open a new chapter in its development by dropping the word “management” as it looks too bureaucratic and authoritative, the company …