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Policy/Politics
Gov. Choe Heung-sik of the Financial Supervisory Service.(FSS)(Photo: FSS)Gov. Choe Heung-sik of the Financial Supervisory Service (FSS) stressed at his inaugural ceremony on Sept. 11 that the Financial Supervisory Service will perform its services centered on consumers.The FSS will dedicate itself …
Dir.-Gen. Sohn Myung-soo of the Railway Bureau of the Ministry of Land, Infrastructure and Transport. Director-General Sohn Myung-soo of the Railway Bureau of the Ministry of Land, Infrastructure and Transport said in a recent written interview with NewsWorld that the Incheon-Gangneung Railroad wil…
The Operation Center of the Incheon Free Economic Zone (IFEZ) has been selected as the winner of the SCAPA 2017, the 3rd rendition of awards, in August.Commissioner Kim Jin-yong of the Incheon Free Economic Zone. The IFEZ Integrated Smart City Operation Center won the SmartCity Asia Pacific Awards …
Administrator Park Chun-sup of the Public Procurement Service (PPS) delivers his inaugural speech as he took office as the first administrator of the President Moon Jae-in government on July 24.A view of new PPS Administrator Park Chun-sup’s inauguration ceremony in which he emphasized job creation…
President Moon Jae-in delivers a speech at the inaugural session of the Committee on the 4th Industrial Revolution at the S-PLEX Center in Sangam-dong, Seoul, on Oct. 11. (Photo on the courtesy of Cheong Wa Dae) President Moon Jae-in told a cabinet meeting on Sept. 26 to immediately draw up strateg…
Chairman Kim Sang-jo of the Fair Trade Commission (KFTC) answers questions while appearing during the National Assembly National Policy Committee’s audit of the KFTC on Oct. 19.Deputy Prime Minister and Minister of Strategy and Finance Kim Dong-yon speaks at the National Assembly Strategy and Finan…
Chairman Choi Jong-gu of the Financial Services Commission(FSC) presides over a meeting of the Consumer Finance Reform Committee held on Sept. 25 at the Korea Non-Life Insurance Association building in Chongro-ku, Seoul. (Photo: FSC)C hairman Choi Jong-ku of the Financial Services Commission (FSC) …
Minister Kim Hyun-mee of the Ministry of Land. (Photos: MOLIT)Minister Kim Hyun-mee of the Ministry of Land, Infrastructure and Transport (MOLIT) presides over a meeting to discuss pending issues with construction industry and business leaders on Sept. 26.  Minister Kim Hyun-mee of the Ministr…
The global wearable smart gadget market is forecast to surge to $150 billion in 2026. Inaugural general meeting of the International Electrontechnical Commission (IEC)/TC 124 took place in Seoul on Sept. 18. (Photo: KATS) The global wearable smart gadget market is forecast to surge to $150 billion …
Chairman Kim Ji-hyung of the committee of the public debate on the construction of Shin Kori Nuclear Power Units 5&6 announces his committee’s decision at a briefing at the Government Complex in Seoul on Oct. 20. The construction of Shin Kori Nuclear Power Units 5 & 6, currently suspended …
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Economy/Finance
President Lee Kwang-goo of Woori Bank.(Photos: Woori Bank)Woori Bank clinched the right to be the main bank for the National Pension Service (NPS) with 600 billion won in funds for the next five years with the pension service announcing the bank wi…
President-designate Hur Yin of Kookmin Bank. Hur Yin, president-designate of KB Kookmin Bank, said customers will be at the center of the bank’s operation when he takes over the top management of the bank.  Shareholders are slated to approve …
President Wi Sung-ho of Shinhan Bank, holds a trophy with Chairman Lim Ju-hyun of the first-class graduates of Shinhan Do Dream Soho Academy. (Photo: Shinhan Bank) Led by President Wi Sung-ho, on Sept. 26 Shinhan Bank unveiled a mammoth “Shinhan Do…
IBK Head Office building. (Photo: IBK)The Industrial Bank of Korea is out to support its SME clients go through restructuring with diverse financial means. Its slogan, “Finance right and we can succeed together,” was set up following its Companion …


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