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Samsung Electronics' de factor leader Lee Jay-yong. (Photos: Samsung Electronics)Samsung Electronics logged its best operating profit in 11 quarters in the second quarter of this year on the back of a boom of the semiconductor business, but despite the earning surprise the electronics giant faced a …
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Rep. Kim Byung-joo of the National Assembly National Defense Committee.Rep. Kim Byung-joo had been with the military for 39 years. Kim, a four-star general-turned lawmaker of the Democratic Party of Korea, served as deputy commander of the ROK-US Combined Forces Command.He graduated from the 40th cl…
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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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Chairman Joo Young-jin, former chief of the National Assembly Budget Office, recently elected as chairman of the Korea Parliamentary Research Institute. (Photos : Korea Parliamentary Research Institute)Joo Young-jin is a recognized legislative b…
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Koo Ja-hong, the late first chairman of LG Group, died of 77 on Feb. 11.LS Nikko-Copper Chairman Koo Ja-hong, who shepherded the growth of LS Group, succumbed to a chronic disease he had been suffering from. He was 75. Chairman Koo, born in Jiny…
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By Park Jong-sun, a former professor with Jeonju University and ex-Korean consulate general in Qingtao, China.The global economy posted a high growth rate of 5.5 percent, as each country around the world employed expansionary fiscal and currency poli…
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Honorary Chairman Kim Jae-chul of Dongwon Group discusses on AI with KAIST President Lee Kwang-young at a talk show at KAIST’s main campus in Daejeon on April 2.Honorary Chairman Kim Jae-chul of Dongwon Group was once an old hand who had contributed…
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