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STX Pan Ocean President Pae Seon-ryeong has been awarded the Order of Industrial Merit Service, Silver Tower in recognition for his work in transforming the company into one of Korea’s representative shipping lines at an event to mark the 17th Ocean Day anniversary in Yeosu on May 31. Pae is p…
CJ Korea Express President Lee Hyun-woo, concurrently chairman of the Korea Port Logistics Association (KOPLA), has been awarded the Order of Industrial Merit Service, Silver Tower, in recognition for securing Korean and overseas port infrastructure and attracting global shipping lines to Korea at a…
Hyundai Merchant Marine Co. (HMM) President Lee Suk-hui received the coveted Order of Industrial Merit Service, Gold Tower, for his contributions to the development of the domestic maritime industry since 1974. Lee has been credited with leading roles in helping the Korean maritime industry pos…
The 17th Ocean Day anniversary event took place at the Korean Pavilion of Expo 2012 Yeosu on May 31.Approximately 1,000 people attend the anniversary event held under the theme “Our Sea Meets the World.” Among those on hand were Prime Minister Kim Hwang-sik; Minister of Land, Transport and Maritim…
Approximately 1,500 people from governments, international organizations, NGOs, business, and marine experts in East Asia will assemble in Changwon, Korea, to participate in the East Asian Seas (EAS) Congress 2012.The EAS Congress is a pioneering region-wide platform for capacity building, strategic…
Representatives from 190 countries assembled in Rio de Janeiro, Brazil, for the Rio+20 Summit, also known as the United Nations Conference on Sustainable Development from June 20-22. President Lee Myung-bak, Foreign Minister Kim Sung-hwan, Ministry of Strategy and Finance Minister Bahk Jae-wan, and …
Korea Radwaste Management Corp. (KRMC) is engaged in active corporate culture innovation under the leadership of KRMC President Song Myung-jae. As traditional music sounded through the public address system of the KRMC head office in Gyeongju City at 5 p.m. on April 30, hard-working KRMC staff …
Korea Electrical Safety Corp. (KESCO) has turned to long-term efforts to realize its new safety management system of taking preventive measures to ensure sustainable growth, shifting from the hitherto post-disaster management regime of restoration. KESCO is also striving to make inroads into th…
Chief Joo Young-jin of the National Assembly Budget Office led a delegation from his office to the 4th Meeting of OECD Parliamentary Budget Officials in Paris, France, as well as visited Spain from Feb. 22 to March 2. Members of the delegation learned about the execution of parliamentary budget…
The government plans to open the operation of the high-speed KTX railway to the private sector to lower prices and enhance services,” said Kwon, Do-Youp, Minister of Land, Transport and Maritime Affairs (MLTM). “It has nothing to do with the restructuring of ownership, such as nationalization…
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Economy/Finance
On May 27, Shinhan Bank President Jung Sang-hyuk poses for a photo with KBO Commissioner Heo Gu-yeon after signing an agreement at KBO Hall in Gangnam-gu, Seoul. (Photo : Shinhan Bank)Shinhan Bank announced on June 12 that it has launched the “Succe…
Yang Jong-hee, chairman of KB Financial Group pose for a commemorative photo with Yoon In-dae, deputy minister of economy and finance at the Value-Up Company Awards in Seoul, on May 27. (Photo : KB Financial Group)KB Financial Group received the Exce…
Yim Jong-yong, chairman of Woori Financial Group, poses for a photo with the first-place team at Woori Financial Dream Round held at Seowon Valley Country Club in Paju, Gyeonggi-do on April 22. (Photo : Woori Financial Group)Woori Financial Group’s …
On May 30, Lee Chan-woo, chairman of NongHyup Financial Group poses for a photo with Park Il-young, president of Korea Investment Corporation after inking an agreement on a joint investment in overseas private equity funds at NongHyup Financial Group…


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