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President Son Tae-rak of Korea Real Estate Board (REB). (Photos: REB)A pricing and trend survey of apartments across the nation, conducted by Korea Real Estate Board (REB) in the first week of February, showed that apartment transaction and jeonse prices dropped 0.49 percent and 0.76 percent, respec…
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Noh Dong-jin, who was elected as 26th chairman of the National Federation of Fisheries Cooperatives, poses after he received a document of election at the Korea National Election Commission in Gwacheon, Gyeonggi-do on Feb. 17. (Photos: Suhyup) The National Federation of Fisheries Cooperatives, …
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CEO Kim Jun-seok of the Korea Maritime Transportation Safety Authority (KOMSA) poses with KOMERI President Bae Jung-chul after they signed an MOU on the maritime transportation safety of off-shore ships in Korea and the development of shipbuilding and marine materials, parts and equipment industry a…
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Minister Won Hee-ryong of the Ministry of Land, Infrastructure and Transport (MOLIT) announces steps to prevent jeonse gap investing cheating during a joint briefing session with related ministries on Feb. 2. (Photo: MOLIT)The government decided to lower subscription qualification of jeonse deposit …
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Minister Chung Hwang-keun of the Ministry of Agriculture, Food and Rural Affairs speaks at a ceremony to inaugurate a food tech industry development consultation committee at aT Center in Yangjae-dong, Seoul, on Feb. 14. MAFRA Minister Chung, concurrently co-chairman of the committee of government s…
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Seoul Mayor Oh Se-hoon reveals tasks the Seoul Metropolitan Government will implement this year during his New Year’s meeting with reporters at Seoul City Hall on Jan. 30. (Photo: SMG)Seoul Mayor Oh Se-hoon said, “The Seoul Metropolitan Government will build up a social safety net and invigorate t…
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Gov. Kim Jin-tae of the Gangwon-do Special Self-Governing Province delivers his speech at a general meeting of Gangwon-do provincial council at Sky Bay Hotel in Gangneung on Jan. 19 in which councilors vowed to make the province the nation’s best living place and a global city of future industries.…
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Incheon Mayor Yoo Jeong-bok, Commissioner Kim Jin-yong of the Incheon Free Economic Zone (IFEZ) and Dieter Strobl, R&D director with BMW Group Korea attend a meeting at Incheon City Hall on Feb. 17 in which BMW Korea and LH struck a rental deal on the site of BMW Korea R&D Center, to be dedi…
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Officials of Korea Trade-Investment Promotion Agency (KOTRA), including KOTRA President Yu Jeoung-yeol, attend online emergency strategy meetings to boost exports at KOTRA headquarters in Yeomgok-dong, Seoul, which took place from Feb. 1 to Feb. 3. (Photo: KOTRA)Korea Trade-Investment Promotion Agen…
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Spectators listen to an explanation on technologies on display at Incheon International Airport Corp.’s booth at CES 2023, which took place at Las Vegas, the United States, from Jan. 5 to Jan. 8. (Photos: IIAC)Incheon International Airport Corp. (IIAC) became the world’s first airport company to s…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively…
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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won projec…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagno…
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