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 …

President Kim Jae-soo of Korea Agro-Fisheries and Trade Corp.(aT) A view of the aT building which includes the sales stands of farm produces and fish.(Photos:KFS) Korea Agro-Fisheries and Trade Corp. (aT) has decided to cooperate with the Korea Forestry Service (KFS) to help export forestry pr…

National Agricultural Cooperative Federation (NACF)’s Economic Unit CEO Lee Sang-wook attends a ceremony to open a local food outlet in Wondang, Goyang City.  National Agricultural Cooperative Federation (NACF)’s Economic Unit has declared another leap forward on the occasion of the first ye…

Rep. Lee Cheol-woo of the ruling Saenuri Party and two-term legislator from Gimcheon, North Gyeongsang Province, speaks on the need for close ties between the Yeongnam(Gyeongsang provinces) and Honam(Jeolla Provinces) regions in the country at an initial meeting to launch the East-West Forum for law…

Rep. Yoo Sung-kull of the ruling Saenuri Party speaks at a parliamentary audit of the National Tax Service.(Photo: Rep. Yoo Sung-kull’s Office) Rep. Yoo Sung-kull of the ruling Saenuri Party is in his third year in office after being elected lawmaker for the constituency of Dong-gu, Daegu, in Apri…

President Park Geun-hye gives a certificate of appointment to new Prime Minister Lee Wan-koo at a ceremony at Cheong Wa Dae on Feb. 17. President Park Geun-hye gave a certificate of appointment to Prime Minister Lee Wan-koo on Feb. 17, one day after his nomination was approved by the National Assem…

President Park Geun-hye talks with those in the Korean cultural content industry at the CJ E&M Center in Sangam-dong, Seoul, on Feb. 11 as CJ Chairman Sohn Kyung-shik looks on. The government, public entities and the private sector signed eight MOUs at a ceremony to embark on a project to build …