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The two countries agree to work together in the area of human resources developmentPresident Lee Myung-bak made a historic visit to Myanmar and held talks with Myanmar President Thein Sein in the Myanmar capital of Nay Pyi Taw on May 14. The trip is the first state visit by a South Korean presi…
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The leaders of South Korea, China, and Japan signed a trilateral investment guarantee treaty while reaching agreement to make preparations for the launch of negotiations on a three-way free trade agreement within this year during their talks in Beijing on May 14.South Korean President Lee Myung-bak,…
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The Ministry of Knowledge Economy (MKE) has come up with a plan to pitch in for the commercializing of new business models so that they can create business opportunities amid upheavals in the conditions of the global market.Director General Jung Yang-ho, in charge of technology policy at the MKE, sa…
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Korea has become the first Asian country to be elected to one of the co-chair posts of the Bureau of the OECD Committee on Statistics (CSTAT) for a one-year term this year. The election is expected to represent Korea and Asia’s positions on setting future major agendas. Woo Ki-Jong, Commissio…
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Minister Lee Ju-Ho of the Ministry of Education, Science and Technology (MEST) said, “The nation should change the science & technology administration paradigm from a catch-up model to a creative frontier model and should invest more so that creativity, autonomy and curiosity can be inspired.”…
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The Saenuri Party on April 12 general election rallied around its chief and most likely presidential candidate Park Geun-hye after a dramatic victory. In a press conference, the chief of the conservative ruling party vowed to use the party’s majority status in the single-chamber parliament to …
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Leaders from around the world agreed to submit plans to reduce stockpiles of highly-enriched uranium (HEU) by the end of next year to combat nuclear threats.Heads of state and representatives from 53 countries as well as the heads of four international organizations unilaterally adopted the Seoul co…
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Rep. Choi In-kee, chairman of the Food, Agriculture, Forestry, and Fisheries Committee of the National Assembly.Rep. Choi In-kee, chairman of the Food, Agriculture, Forestry, and Fisheries Committee of the National Assembly, said the government should take measures to prop up the price of cattl…
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Director-General for Aviation Policy Park Myung-sik of the MLTMThe Ministry of Land, Transport and Maritime Affairs (MLTM) plans to make the Incheon International Airport the unrivaled air traffic hub in Northeast Asia under the third expansion project including the construction of a second passenge…
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Rep. Choi In-kee, chairman of the Food, Agriculture, Forestry, and Fisheries Committee of the National Assembly, said the government should take measures to prop up the price of cattle before it falls any further and becomes a full-blown crisis.The legislator said the steep fall in the price of dome…
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A 380MW gas turbine developed and produced by Doosan Enerbility. (Photo: Doosan Enerbility)On October 13, Doosan Enerbility announced that it had signed an agreement with a prominent U.S. technology company to provide two units of Doosan’s 380MW gas…
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HD Hyundai Oil Bank supplies sustainable aviation fuel (SAF) to Korean Air’s international flights to Japan. To the refinery, it is the first entry to the Korean SAF market. HD Hyundai Oil Bank said on Sept. 22 the refinery struck a contract wi…
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Jang Si-ho, head of KPX Jeju Headquarters poses with Suh Yong-seok, chief of KIER’s Jeju Global Research Center as the two institutions struck an MOU on joint research and commercialization of new energy industries and demand management technologies…
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Chairman Kim Seung-youn of Hanwha Business Group. (Photos: Hanwha Group)Hanwha celebrated the 73rd anniversary on Oct. 9. In his commemorative speech, Chmn. Kim Seung-youn of Hanwha Group said, “Our goal now is to be a global leader, and we hav…
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