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President Moon Jae-in presents the $110 billion export tower to Samsung Electronics President Kim Ki-nam. As the nation saw its trade surpass $1 trillion in the shortest-ever time this year, 1,573 companies were presented with export tower awards during the 2021 Trade Day anniversary ceremony.&…
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Minister Moon Seung-wook of the Ministry of Trade, Industry and Energy (MOTIE). (Photo: MOTIE)The Korea saw its trade surpass $1 trillion this year in the shortest-ever period, beating the previous record by 21 days, which was set on Nov. 16, 2018. The Ministry of Trade, Industry and Energy and…
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(from left) Minister Moon Sung-wook of the Ministry of Trade, Industry and Energy, Hyundai Motor Group Chairman Chung Eui-sun, President Moon Jae-in, Hyundai Mobis President Cho Sung-hwan and Chairman Song Young-kil of the Democratic Party of Korea clap as they attended a ground-breaking ceremony fo…
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Deputy Prime Minister and Minister Hong Nam-ki of the Ministry of Economy and Finance (MOEF). (Photo: MOEF)The 2021 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) will take place from Oct. 11 through Oct. 17.The International Monetary and Financial Committee …
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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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Kim Kyu-young, taking office as a professional manager-turned chairman other than the owner of the group. (Photos: Hyosung)HS Hyosung Group is undergoing changes in its governance structure by appointing Kim Kyu-young, former Hyosung vice chairman, t…
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Chairman Lee Jae-yong of Samsung Electronics. (Photo: Samsung Electronics)Samsung Electronics achieved its best-ever performance on a quarterly basis by achieving the 50 trillion won milestone in operating profit in the first quarter of this year.&nb…
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New Acting President Nam Han-gyu (left) of Kangwon Land poses with former acting president Choi Cheol-gyu as the former took office at Kangwon Land Hotel on March 4 on March 3.Nam Han-gyu, head of the Management Support Division at Kangwon …
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Hyundai Motor unveils its next-generation electric vehicle, the IONIQ 3, at the 2026 Milano Design Week in Italy, on April 20. On April 20, Hyundai Motor unveiled the IONIQ 3, a next-generation electric vehicle designed to accelerate its transit…
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