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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 …
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…
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Industry/Energy
Hyundai Motor Group Executive Chair Chung Eui-sun, POSCO Group Chmn. Jang In-hwa, Louisiana Governor Jeff Landry, Rep. Troy Carter, MOTIR Minister Kim Jung-kwan, U.S. Under Secretary of Commerce for International Trade William Kimmitt, and Hyundai St…
Senior Executive Vice President Won Kwang-sik of HD Hyundai Heavy Industries (left) receives a plaque of appreciation from Pietro Barabaschi, Director-General of the ITER Organization (right), at the 'KOREA-ITER Fusion Day' event held in Cadarache, s…
“XTeer,” an engine oil exclusively for hydrogen internal combustion engines, developed and supplied by HD Hyundai Oilbank. (Photo: HD Hyundai Oilbank)HD Hyundai Oilbank launched a drive to capture the hydrogen mobility lubricant market by developin…
President Kim Hoe-chun of Korea Hydro & Nuclear Power (KHNP) and Claude Imauven, Chairman of the Board of Directors, exchange a letter of intent on long-term cooperation in the uranium enrichment sector the two companies struck as President Lee J…


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