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P resident Lee Myung-bak attended a reception hosted by the Korea Chamber of Commerce and Industry on Oct. 30 to celebrate the Green Climate Fund (GCF) decision to locate its head office in Songdo, Incheon, Korea’s selection to be a director nation of the U.N. Security Council, the launching of the…
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The Saenuri Party's candidate Park Geun-hye will square off against opposition Democratic Unified Party candidate Moon Jae-in in the upcoming Dec. 19 presidential election, as independent candidate Ahn Cheol-soo quit the race on Nov. 23. He told a news conference he decided to quit the race after la…
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Joseph Ho, managing director and head of exchange-traded funds (ETFs) for the Asia-Pacific region at Credit Suisse, said despite a rush of leverage and inverse ETFs, it is positive for the Korean ETF market to successfully attract investors with a rise in fluidity, but market access needs to be upgr…
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The Exchange Traded Fund (ETF) market celebrates the 10th year since its launching in October 2002 at the Korea Exchange, providing a stable demand base and low-cost dispersed investment means for investors, President and COO Kim Jin-gyu of the KOSPI Market Division at the Korea Exchange said …
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The government has steps in place to advance Korean logistics firms into global top 10 companies by 2020. In this regard, the Ministry of Land, Transport and Maritime Affairs (MLTM) has designated six companies °™Pantos Logistics, CJ GLS, Sinokor Merchant Marine Co., Hanjin, Hyundai Glovis, and Hy…
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Some weeks ahead of the presidential election in Dec. 19, a controversy is flaring up over the much-touted bid toward “democratization of economy.” Major candidates use the motto to woo support from voters in the run-up to the presidential poll.Rep. Moon Jae-in of the opposition Democratic U…
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The following is a congratulatory message contributed to NewsWorld by the Ambassador of the Kingdom of Saudi Arabia H.E. Ahmad Y. Al-Barrak on the occasion of the 82nd National Day of the Kingdom of Saudi Arabia °™ Ed.The 82nd celebration of the National Day of the Kingdom of Saudi Arabia fo…
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The Seoul Metropolitan Government (SMG) plans to draw up a long-term master plan to make Seoul safer from natural disasters and sexual attacks. The SMG has decided to draw up a master plan for preventing the occurrence of all accidents ranging from natural disasters to guard rail falls and safe…
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Dir.-Gen Koo Bon-hwan of Railroad Policy of the Ministry of Land, Transport and Maritime Affairs (MLTM) said the introduction of free competition in the railroad industry in Korea is a “must needed” policy to boost the competitive strength of the industry, breaking down the monopoly in the r…
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The 113th Railroad Day was observed in a ceremony on Sept. 18 at the Korea Railroad Twin Tower in Sojae-dong, Daejeon, attended by some 700 people from related industries and companies hosted by the Korea Railroad Corp.Among the dignitaries present at the ceremony included Vice Minister Joo Seong-ho…
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Officials with HD Hyundai Oilbank test the cooling lubricant of a liquid immersion cooling facility and server. (Photo: HD Hyundai Oilbank)HD Hyundai Oilbank said the company will supply “XTeer E-Cooling Fluid,” a liquid immersion cooling product, …
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President Park Sang-hyung of KEPCO KDN and Gwangju Mayor Kang Ki-jeong participate in a ceremony to strike an MOU on the application of advanced energy ICT solutions at Gwangju City Hall. (Photo: KEPCO KDN)KEPCO KDN is leading the construction of a s…
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Chairman Koo Ja-eun of LS Group. (Photos: LS Group)LS Group’s energy and mobility subsidiaries demonstrated future strategy business capabilities by participating in InterBattery 2025, which took place at COEX in Seoul from March 5 to March 7. …
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President Jeong Chang-jin of KEPCO Nuclear Fuel (KEPCO NF) shakes hands with President Kim bo-hyun of Daewoo E&C as the companies struck an MOU to ramp up their joint nuclear power business development and technology cooperation at Daewoo E&C…
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