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Dignitaries, including Prime Minister Kim Boo-kyum, Minister Moon Seung-wook of the Ministry of Trade, Industry and Energy (MOTIE), Chairman Christopher Koo of the Korean International Trade Association (KITA), Former KITA chairman Kim Young-joo, Vice Chairman Woo Tae-hee of the Korea Chamber of Com…
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Korean President Moon Jae-in and U.S. President Joe Biden explain the outcomes of their talks at a joint news conference following the summit at the East Room of the White House on May 21. (Photos on the courtesy of Cheong Wa Dae website)President Moon Jae-in and U.S. President Joe Biden agreed to r…
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Deputy Prime Minister and Minister Hong Nam-ki of the Ministry of Economy and Finance (MOEF). (Photo: MOEF)The Asian Development Bank (ADB) will hold the 54th Annual Meeting of the Board of Governors in a virtual format from May 3 to May 5, with a focus on deepening collaboration for a resilient and…
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Chairman Chey Tae-won (middle), chairman of the Seoul Chamber of Commerce and Industry, presides over his first meeting with chairmen of regional chambers of commerce on line on March 18. “We will launch a new regional economic team to promote regional economies,” Chey says. Woo Tae-hee (left), vi…
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LS Group Chairman Christopher Koo has been appointed as the 31st chairman of the Korea International Trade Association (KITA). (Photo: LS Group)LS Group Chairman Koo Ja-yeol (Christopher Koo) has been appointed as the 31st chairman of the Korea International Trade Association (KITA). KITA’s leaders…
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President Moon Jae-in announces national tasks for the year 2021 during his New Year’s address on Jan. 11. (Photo on the courtesy of Cheong Wa Dae website)President Moon Jae-in said, “Inter-Korean cooperation on its own can achieve many things.” During the fifth and final year in office, Presiden…
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POSCO Chairman Choi Jeong-woo gives a key-note speech on the theme of “Post-COVID-19 Megatrends: A New Decade” at WSD Steel Success Strategies held virtually on Oct. 27. (Photos: POSCO)POSCO Chairman Choi Jeong-woo, who has been nominated for his second term, has declared an official company goal …
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Korean Air Chairman Cho Won-tae. Korean Air will be merged with the financially troubled Asiana Airlines. If the megadeal is completed, it will create a “super national flag carrier,” which ranks 7th among global airliners. Under the megadeal, Korea Development Bank (KDB), the main credit bank of …
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Hyundai Motor Group Chairman Chung Eui-sun. (Photos: Hyundai Motor Group)Hyundai Motor Group Executive Vice Chairman Chung Eui-sun has been promoted to chairman of the automobile conglomerate, succeeding his father Chung Mong-koo. Hyundai Motor, Hyundai Mobis and other subsidiaries of Hyundai Motor …
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Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki. (Photos: MOEF)The 2020 Annual Meetings of the International Monetary Fund (IMF) and the Board of Governors of the World Bank Group (WBG) will be held virtually this year on October 12-18, 2020, to ensure the health and safety of …
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“Global Construction Partnership Forum” took place on the sideline of the Global Infrastructure Cooperation Conference 2025 at Westin Seoul Parnas Hotel in Samseong-dong, Seoul, on Sept. 17. Participants, including Vice Minister of Land, Infrastruc…
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Minister Kim Yoon-duk of the Ministry of Land, Infrastructure and Transport (MOLIT) delivers a speech at a ceremony to celebrate the 2025 anniversary of Construction Day at the Construction.Chmn. Han Seung-goo of the Federation of Construction Associ…
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The Federation of Construction Associations (FCA) Chmn. Han Seung-goo.The Federation of Construction Associations (FCA) has been intensifying all-round activities to prevent serious industrial disasters from construction sites and boost awareness of …
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Samsung C&T E&C Group has placed 1st for the 12th consecutive year in the latest annual Construction Capability Assessment, announced by the Ministry of Land, Infrastructure and Transport (MOLIT). Hyundai E&C and Daewoo E&C ranke…
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