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Won Dong-jin, Director General for International Trade Policy at the Ministry of Trade, Industry and Energy (MOTIE)Orea has surpassed $1 trillion in trade for the fourth straight year. The nation will likely see the Triple Crown this year as it did last year — record high trade, record h…
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Director General Park Soon-kee of the Planning Office of the Free Economic Zones speaks at the FEZ Business Day 2014.The Ministry of Trade, Industry and Energy, seven free economic zone (FEZ) authorities, and the Saemangeum Development Agency joined forces in hosting FEZ Business Day 2014. The event…
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The 2nd Geyongbu (Seoul-Busan) Expressway and 2nd West Coast Expressway projects need to shift from private sector financing to state-financing, said Rep. Yi Wan-young of the Saenuri Party.
Citing problems involving private sector financing for expressways, Rep. Yi favored the implementatio…
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Deputy Minister Yoon Tae-yong of the MCST’s Office of Cultural Content Industry.The Ministry of Culture, Sports and Tourism (MCST) is striving to nurture another pillar of Korean content that will accelerate the proliferation of Hallyu (Korea Wave), such as K-pop and K-drama, said Deputy Minister Y…
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The new commissioner of the Fair Trade Commission, Chung Jae-chan, said he will get back to the basics when it comes to the management of the commission by bringing order to the market in order to invigorate the economy.
The new commissioner is a former vice commissioner who left the commission i…
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Senior Executive Managing Director Hwang Youn-ha of the Korea Federation of Small and Medium Business(Photo:KFSMB)
Senior Executive Managing Director Hwang Youn-ha of the Korea Federation of Small and Medium Business, said the Yellow Umbrella Deduction System has been of great help to the financial…
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Governor Zhin Woong-seob of the Financial Supervisory Service (FSS) is officially installed at an inaugural ceremony.(Photo:FSS)
The new governor of the Financial Supervisory Service, Zhin Woong-seob, said at a ceremony in Yeouido, Seoul, that he will focus on the prevention of financial crim…
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Chairman Baek Soo-hyun of Korean Standards Association.(Photo:KSA)
The 40th Korea National Quality Award Convention took place at the COEX Auditorium in southeastern Seoul on Nov. 11 to evaluate quality management practices of the industrial community and to renew their determination to ensure glob…
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Speaker Chung Ui-hwa of the National Assembly is about to open the plenary session of the National Assembly on Oct.2 in Yeouido, Seoul.By Oh Chung-sookSpeaker Chung Ui-hwa of the National Assembly has played a key role in bringing the opposition parties led by the New Politics Alliance for Democracy…
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Rep. Lee Hyun-jae, chairman of the National Assembly Public Enterprise Reform Subcommittee.By Oh Chung-sookThe Economic Reform Special Committee’s Public Enterprise Reform Subcommittee chaired by Rep. Lee Hyun-jae held on Sept. 19 a public hearing on the subject of reforming the public enterp…
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CEO Hur Sae-hong of GS Caltex talks with GS Caltex staff members at GS Tower in Gangnam-gu, Seoul. (Photo: GS Caltex)GS Holdings said in an electronic notice released on May 13 that the holding company of GS Group posted 6,842.4 billion won in revenu…
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CEO Anwar A. Al-Hejazi of S-OIL. (Photos: S-OIL)S-OIL chalked up more than 1.2 trillion won in operating profit on the back of inventory profit, caused by crude oil price hikes for the first quarter of this year, in results that surprised analysts.Pr…
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Chairman Chang Sae-joo of Dongkuk Steel Group. (Photos: Dongkuk Steel Group)Dongkuk Steel announced on April 24 that it posted sales of 857.2 billion won, an operating profit of 21.4 billion won, and a net profit of 6.2 billion won in the first quart…
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Chairman Park Gee-won of Doosan Enerbility. (Photos: Doosan Enerbility)Doosan Enerbility said on April 23 that major Doosan Enerbility executives, including Chmn. Park Gee-won, embarked on efforts to promote cooperation to participate in a new power …
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