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Rep. Kim Hee-jung of the ruling Saenuri Party hosted a symposium on how to address the additional emotional injuries inflicted on sexual abuse victims at the National Assembly Parliamentarians’ Hall on Sept. 29.Bae Sung-min, director of the Incheon Sunflower Center; Kong Jung-shik, director of Kore…
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President Park Geun-hye delivers her commemorative address at the Liberation Day anniversary event at the Sejong Center for the Performing Arts in central Seoul on Aug. 15. President Park Geun-hye’s proposal for resuming reunions for estranged families between South and North Korea …
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The Ministry of Culture, Sports and Tourism is on its way to making the tourism industry a high value-added fusion industry that will create jobs and be a future growth engine for Korea, based on the decision made at the first Tourism Promotion Meeting held at Cheong Wa Dae, the presidential mansion…
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2nd Vice Minister Yoon Jong-lok of the Ministry of Science, ICT & Future Planning (MSIP) (photo: MSIPThe Park Geun-hye government attaches top policy priority to building the creative economy and creating jobs.
“The Ministry of Science, ICT & Future Planning (M…
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Unification Ministry spokesman Kim Hyung-seok announces South and North Koreas’ agreeing to the reopening of the Gaeseong Industrial Complex in North Korea, shut down by North Korea unilaterally. (photos:MOU) South and North Korea agreed on Aug. 14 to normalize the Gaeseong In…
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Dir. Gen. Kwon Byung-yoon of the Road Bureau at the Ministry of Land, Infrastructure and Transport. The Ministry of Land, Infrastructure and Transport (MOLIT) is seeking to introduce the next-generation Cooperative-ITS, designed to optimize road utilization and dramatically reduce traffic…
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A view of the Smart Geospatial Expo 2012.(photos: MOLIT) The global spatial information market, whose size was estimated at 89 trillion won in 2010 with an annual average growth rate of 11 percent, is an up-and-coming “blue-ocean” market forecast to surge to 150 trillion won by 2015.
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Lee Byung-rae, director general of financial services at the Financial Services Commission (FSC). (photo: FSC) From now on, financial companies will be required to separate their companywide business network and internet network. Thirty-six financial institutions with more than…
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Administrator Siheon Seong of the Korea Agency for Technology and Standards (KATS)"We’re stepping up our efforts to reinforce organizational capacity so that Korea can develop into a global powerhouse of standards. To that end, we are spearheading Korea’s international standardization and str…
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A gold exchange will be opened at the Korea Exchange (KRX) in the first quarter of 2014.(photo:KRX) The Financial Services Commission (FSC) said a gold exchange will be opened at the Korea Exchange (KRX) in the first quarter of 2014 so that spot gold can be traded like listed stock…
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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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