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President Moon Jae-in delivers a special address to the nation, marking his 3rd year in office on May 10. (Photo on the courtesy of Cheong Wa Dae Website)In a special address marking his 3rd year in office on May 10, President Moon Jae-in announced a plan to elevate the Korea Centers for Disease Con…
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Minister Sung Yun-mo of the Ministry of Trade, Industry and Energy (MOTIE) presides over a meeting with CEOs of the four refinery companies, including President Cho Kyong-mok of SK Energy, President Huh Se-hong of GS Caltex, President Ryu Yeol of S-Oil, President Kang Dal-ho of Hyundai Oil Bank (Pho…
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A view of the Incheon Free Economic Zone (IFEZ) in Songdo, Incheon.Commissioner Lee Won-jae of the Incheon Free Economic Zone Authority. (Photos: IFEZ)The Incheon Free Economic Zone (IFEZ) Authority announced in late April that it plans to aggressively attract so-called “U-turn” companies that wil…
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The Korea SMEs and Startups Agency holds the inauguration ceremony for the 18th Chairman Kim Hak-do at its headquarters in Jinju on May 19. (Photo: Korea SMEs and Startups Agency)Kim Hak-do, former vice minister of SMEs and startups, took office on May 18 as 18th chairman to take the helm of the Kor…
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President Kwon Pyung-oh of Korea Trade-Investment Promotion Agency (KOTRA).Korea Trade-Investment Promotion Agency (KOTRA) recently converted the Art Collabo Exhibition on the first floor of its Headquarters in Yeomgok-dong, Seoul, into a teleconference trade negotiation room. The initiative helps S…
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President Park Jae-hyeon of Korea Water Resources Corp. (K-water) and trade union chief Noh Chul-min pose at a ceremony to donate masks and quarantine items to merchants of a traditional market at Jungri, Daedeok-gu, Daejeon. (Photo: K-water)Korea Water Resources Corp. (K-water) is focusing on more …
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United Overseas Bank Limited Co. (UOB) became the first foreign financial institution to invest mortgage-backed securities worth 300 billion won issued in Korea. UOB, Singapore’s second largest investment bank, invested in won-based mortgage-back securities twice so far this year, HF said. It was t…
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Chairman Park Doo-yong of the Korea Occupational Safety and Health Agency (KOSHA) stresses the significance of safety whole touring a construction site. (Photos: KOSHA)Over the last 32 years, the Korea Occupational Safety and Health Agency or KOSHA, has been dedicated to protecting the lives and hea…
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President Kim Sun-min of the Health Insurance Review & Assessment Service (HIRA) delivers her speech at her inaugural ceremony on April 22.Chairperson Kim Sun-min of the OECD’s Health Care Quality and Outcome (HCQO) Working Group took office as the 10th president of the Health Insurance Review …
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Chairman Lee Hyo-yul of the Korea Food Industry Association (KFIA).The global COVID-19 pandemic, which has hit all countries around the world, has wrought much havoc to most global industries. Despite the adversary situation, major Korean food makers have benefited from the pandemic - seeing sales s…
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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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