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An imaginary picture of the Cheollian Satellite 2B performing a mission to monitor fine dust from space. (Photos: KARI)The Cheollian 2B, a geostationary orbital satellite developed by Korea's own technology was successfully launched at Guiana Space Center in Guiana of South America on Feb. 18 (local…
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Minister Park Chong-ho of the Korea Forest Service (KFS) announces the KFS’s 2020 Business Plan at KFS headquarters in Daejeon Government Complex on Feb. 12. (Photo: KFS)Forest trails 65 kilometers in length will be established along the East Coast area as firebreaks to prevent fires, and jobs such…
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Han Sang-bae, director-general at MFDS, speaks at the 2020 Government Food Safety Policy Direction Forum on Jan. 20. The Ministry of Food and Drug Safety (MFDS) plans to shift its policy direction to people-oriented paradigms this year, rather than products, bring innovation to its food safety manag…
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President Kwon Pyung-oh of Korea Trade-Investment Promotion Agency (KOTRA) speaks at a teleconference with KOTRA’s trade office in China to cope with the aftermath of the novel COVID-19. (Photos: KOTRA)KOTRA officials hold teleconferences to communicate with overseas trade offices to discuss duties…
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Byun Chang-heum (the center), president of LH, talks with college students at the College Students Idea Contest and “My LH Stories” Event at the PR Center for Wirye Hope Town for Newlyweds on Jan. 7. (Photo: LH) Korea Land & Housing Corporation (LH) will go ahead with tasks and rev up the Kore…
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President Kim Hak-kyu of Korea Appraisal Board (KAB) (Photo: KAB)An apartment price uptrend in the Seoul metropolitan area slowed down in January in the wake of the government’s steps to cool down real estate prices, but jeonse prices were on the rise as transaction demand shifted to standby demand…
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President Lee Chae-kwang of HUG. Jin Woong-seop (10th from left), a senior advisor to HUG poses for those from the Korea Development Institute, HUG and HGF in a briefing session on the Knowledge Sharing Program (KSP) in the headquarters of Kazakhstan’s HGF on Jan. 8. (Photos: HUG) Korea Housing &am…
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On Jan. 31, Lee Sung-hee, a former head of the Naksaeng Agricultural Cooperative is elected as 24th chairman of the NACF. After confirming his victory, Lee poses for a commemorative photo shoot. (Photo: NACF) Lee Sung-hee embarked on a new journey by starting his four-year term as 24th chairman of t…
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A bird’s-eye view of LS C&S’ offshore wind power plant in Taiwan. (Photo: LS C&S)Korea Trade Insurance Corp. (K-sure) will provide a $260 million (303 billion won) trade financing to a Taiwanese offshore wind power project in which a Korean consortium of LS Cable & System and Samkang M…
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<KOTRA가 1월 13일 일본 오사카에서 일본 지역 무역·투자확대전략회의를 개최했다. 회의에서는 진출분야 다변화와 한·일 경제협력 확대를 위한 전략을 논의했다. 권평오 KOTRA 사장(왼쪽에서 다섯 번째)이 회의에 참석한 일본 지역 무역관장들과 함께 기념촬영을 하고 있다.>“도쿄올림픽 특수를 활용하고 소재·부…
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Nongshim CEO Jo Yong-chul makes a presentation on the success of Shin Ramyun at Lotte Hotel in Seoul on May 13. (Photos: Nongshim)Nongshim announced on May 13 that cumulative sales of Shin Ramyun, which marks its 40th anniversary this year, surpassed…
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Chairman Cho Won-tae of Hanjin Group. Korean Air has gotten a lot of “love” from financial markets, in particular for the brainchild of the merger, Chairman Cho Won-tae of Hanjin Group. The historic M&A with Asiana Airlines is evaluat…
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A view of Samsung Electronics Suwon Digital City. (Photo: Samsung Electronics)Labor and management of Samsung Electronics reached a tentative agreement on incentives at the last minute on May 20, averting a strike one and half hours before the deadli…
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Hyundai Motor Vice Chair Chang Jae-hoon (right) poses for a photo with Vice Minister of Trade, Industry and Resources Moon Shin-hak at the 23rd Automobile Day Event on May 12.Hyundai Motor Group Vice Chair Chang Jae-hoon won the Gold Tower Order of I…
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