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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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The government has announced a strategic plan to proliferate IT convergence to automobiles and four other key industries as well as food, education and three other service industries that will have a production induction effect of 46 trillion won and will create 230,000 jobs by 2017.Kim Jae-hong, de…
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The National Treasury Research Forum, co-chaired by Rep. Na Seong-lin of the ruling Saenuri Party and Rep. Lee Yong-sup of the opposition Democratic United Party, was held on Sept. 12 under the theme, “The Derivatives Transaction Tax Impact on Capital Market and Treasury Income,” attracting some 3…
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Korea is seeking to inaugurate Gite Korea, the Korean version of Gites de France, designed to make available Korea’s rural villages, houses, classic Korean cottages, and houses with gardens on the outskirts of cities for tourists’ stay.Rep. Kim Kwang-lim of the ruling Saenuri Party, hailing from A…
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Entrepreneur-turned-professor Ahn Cheol-soo has officially thrown his hat into the ring, making the upcoming Dec. 19 presidential election a three-way race with the ruling Saenuri Party’s Park Geun-hye and opposition Democratic United Party (DUP)’s Moon Jae-in. Ahn declared in a news conference in…
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The Seoul National University’ s Advanced Center for Administrative Development Alumni (SNU-ACADA) hosted this year’ s fourth breakfast forum on state affairs at the Lotte Hotel in downtown Seoul on June 9 in which Japanese Ambassador to Korea Masatoshi Muto lectured. The forum was the latest part…
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D irector-General Park Min-woo for construction policy at the Ministry of Land, Transport and Maritime Affairs said in an interview with NewsWorld, “The government strategies to help Korean builders explore new construction markets overseas including Central and South America, Central A…
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Shinhan Financial Group Chairman Jin Ok-dong poses for a photo with Japan’s Financial Services Agency Commissioner Yutaka Ito at the Korea-Japan Financial Cooperation Seminar at the Korea Exchange in Seoul, on Aug. 4 and 8. (Photo: Shinhan Financial…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group has entered the global ESG investment index ‘FTSE4Good’ for the 15th consecutive year, reaffirming its global leadership in sustainable management. Th…
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KDIC President Yoo Jae-hoon poses for a photo with Dominique Laboureix, chair of the SRB), Chairman of the SRB and KDIC Vice President Yoo Dae-il, and others on July 22. (Photo: KDIC)President Yoo Jae-hoon of Korea Deposit Insurance Corporation (KDIC…
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President Jeong Jeong-hoon of Korea Asset Management Corporation (KAMCO) and President Kim Jun-seok of the Korea Maritime Transportation Safety Authority (KOMSA) pose for a group photo after they signed an MOU to remove blind spots in ship financing …
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