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Samsung Electronics Co., Ltd. on April 26 announced revenues of 52.87 trillion won on a consolidated basis for the first quarter ended March 31, 2013, a 6 percent decrease from the previous quarter. Consolidated operating profit for the quarter reached 8.78 trillion won, representing a 1-percent dec…
Vice Chairman Huh Jin-soo of GS Caltex.GS Caltex celebrated its 46th anniversary on May 19 with a ceremony held at GS Tower in Yeoksam-dong, Seoul, with a slew of dignitaries led by Honorary Chairman Hur Dong-soo and Vice Chairman and CEO Huh Jin-soo in attendance along with hundreds of the oil refi…
BMW will release the i3, the German automaker’s first electric compact vehicle, in Korea next May, BMW Group Korea President Kim Hyo-jun said at an academic conference on electric vehicles on May 14.President Kim told the conference, jointly organized by the Environment Ministry and BMW, “The BMW …
The Korean parts and materials industry is on a roll. Here are some of the world-class parts and materials, being exported abroad. The Ministry of Trade, Industry and Energy (MOTIE) said Korea posted a $23.2 billion trade surplus for the parts and materials industry for the first quar…
By Kang Seong-cheon, director general in charge of nuclearindustry policy at the Ministry of Trade, Industry and EnergyThe government plans to establish a committee for the public debate on spent nuclear fuel, a civilian advisory body of the Ministry of Trade, Industry and Energy (MOTIE), charged wi…
VicVice Minister for Trade and Energy Han Jin-hyun speaks at the 48 anniversary of Electricity Day at Korea Electric Power Corp. (KEPCO) headquarters in Seoul on April 10. The nation observed the 48 anniversary of Electricity Day at Korea Electric Power Corp. (KEPCO) headquarters in S…
A consortium led by Korea Electric Power Corp. (KEPCO) has been awarded a large-scale coal-fired thermal power plant project in Vietnam, valued at $2.3 billion (some 2.6 trillion won), outbidding foreign rival utility consortia. KEPCO became the final successful bidder of an international bidding f…
Participants at the 28th Korea Atomic Industrial Forum-Korea Nuclear Society (KAIF-KNS) Annual Conference look at the exhibits at the 2013 Nuclear Industry Exhibition in Jeju on April 14. They include Korea Hydro & Nuclear Power Co. President Kim Kyun-seop; KEPCO E&C Pres…
Top executives led by President Suh Moon-kyu of Korea National Oil Corp. push buttons declaring the Vision 2020 in a ceremony for the 34th anniversary on March 4 this year.Korea National Oil Corp. (KNOC) celebrated its 34th anniversary on March 4 in a ceremony declaring its new vision, say…
Korea District Heating Corp. (KDHC) has surpassed 1 trillion won in market capitalization. KDHC said on April 3 that the company saw market capitalization top the 1 trillion won mark during March, riding on KDHC’ s posting of a record high performance in 2012 and foreign investors’purchase of sha…
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Policy/Politics
Minister Hwang Jong-woo of the Ministry of Oceans and Fisheries (MOF), Vice Mayor Hwang Ki-yeon of Jeonnam-Gwangju Special Metropolitan City, and Gwangyang Mayor Park Sung-hyun and President Choi Kwan-ho of Yeosu Gwangyang Port Authority participate …
On Aug. 29, the government’s KDRT boards a helicopter for a search operation at a helipad of Kathmandu Airport, Nepal. (Photo: Ministry of Foreign Affairs)At 8:37 AM on Aug. 26, 2026, a massive glacier collapse occurred near the border between Nepal…
KBIZ Standing Vice Chmn. Oh Ki-ung, ISPF Chmn. Ahn Kyung-duk and President Lee Byung-hee of Korea Labor Research Institute pose for a photo as they attended a policy debate on eliminating of industry safety gap among large-sized companies and SMEs at…
President Byeon Jae-young of Ulsan Port Authority (UPA) signs a tripartite MOU with Royal Wagenborg and Korea Overseas Business Corp. to invigorate arctic shipping routes at BPA president’s office on Aug. 4.Ulsan Port Authority (UPA) said on Aug. 20…


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