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Business/Company
   The government plans to expand support to accelerate the development of free economic zones (FEZs), but to dramatically phase out FEZ areas whose development is sagging. MOTIE Minister Yoon Sang-jick presided over the 59th Session of the FEZ Committee on July 3 and approved the first F¡¦
Chairman Chung Mong-koo gives his celebratory speech at a ceremony for the dedication of the third blast furnace at the Hyundai Steel Complex in Dangjin, South Chungcheong Province on Sept. 13.(photos:  Hyundai Stee)   Sept. 13, 2013 is a memorable day for Hyundai Steel¡¯s D¡¦
Kumho Tire Central Research Institute boasts of the industry¡¯s top-rated super computer, state-of-the-art physical testing equipment, chemical testing and instrumental analysis facilities, and characteristic research testing systems.  Kumho Tire has become the first Korean tire ¡¦
Hyundai Wia President Chung Myung-chul (photo: Hyundai Wia)Hyundai Wia is turning to the localization of turbochargers. The subsidiary of Hyundai Motor-Kia Motors Group has thrown down the gauntlet against global turbocharger makers, including Honeywell and BorgWarner, both of the United States¡¦
  Chairman Park Yong-maan of Doosan Group delivers his inauguration speech at a ceremony on Aug. 21 at Seoul Chamber of  Commerce and Industry as new chairman. The SCCI chairman automatically assumes chairmanship at the Korea Chamber of Commerce and Industry.(Photos:KCCI)&nb¡¦
Chairman Lee Jong-koo of the National Federation of Fisheries Cooperatives (Suhyup) speaks at the 3rd KNFC International Fishing Symposium.(Photos: Suhyup)  The year 2013 is sure to be remembered as a significant year in the history of the Korean fisheries industry and fishing communi¡¦
President Park became the first Korean head of state to cut the tape to launch a submarine.(photos: Cheong Wa Dae)    The ¡°214-class¡± Kim Jwa-jin, a 1,800-ton, SS-II submarine, was launched with a ceremony at the Okpo shipyard of Daewoo Shipbuilding & Marine Engineering Co. (DS¡¦
President Suk Tai-Soo of Hanjin-Kal Holdings, the newly created mother company for Hanjin Group.(Photo: Hanjin Group)   Hanjin Group will be turned around and centered on Hanjin-KAL Holding Co., with six of its affiliates including Korean Air, Hanjin-KAL Holding, Korea Airport, Hanjin Ship¡¦
Chairman Koo Bon-moo of LG Group.(Photos: LG Group)LG Group has been considering a plan to focus its investments in four key areas including energy, auto parts, living eco, and healthcare as part of its future growth engines. The areas include such key products as fuel cell batteries, batteries for¡¦
HHI CEO Lee Jae-seong and SEC Chairman Saleh bin Hussein Al Awaji sign a $3.3 billion deal on the Shuqaiq steam power plant project for state-run Saudi Electricity Company (SEC) in Riyadh on Aug. 4. (photos: HHI)Hyundai Heavy Industries (HHI) is the world¡¯s biggest shipbuilder. But HHI ha¡¦
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Policy/Politics
President Kang Yong-seok of Korea Marine Environment Management Corp. (KOEM).Korea Marine Environment Management Corp. (KOEM) held ¡°2025 MPA Capacity Development Workshop in Korea¡± in cooperation with the International Union for Conservation of Nat¡¦
GFEZ Commissioner Koo Chung-gon poses with officials of three Japanese companies after they signed an MOU at an investment attraction session targeting companies in the Nagoya area on April 24. (Photo: GFEZ)Gwangyang Bay Area Free Economic Zone (GFEZ¡¦
Chmn. Kang Ho-dong of the National Agricultural Cooperative Federation (NACF) poses with Jin Hyun-joon of head of NongHyup Trade America, and President Na Shin-myung of Hana Group after they struck an MOU to enter the United States¡¯ eastern market a¡¦
President Park Jong-kil of Korea Workers¡¯ Compensation & Welfare Service (K-COMWEL), former K-COMWEL presidents the first president, Park Hong-seop, and the seventh president, Lee Jae-gap, and Lee Min-jae, director-general of the Occupational Sa¡¦


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