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Policy/Politics
Director Kwon In-koo of Korea Asset Management Corp. holds  the 2016 Deal of the Year Editor’s Choice Award presented to KAMCO by Marine Money Vice President Jim Lawrence early this year at the U.S. shipping magazine’s head office in New York.(Photo: KAMCO) "NASDAQ Welcomes Kamco,” read a s…
Commissioner Lee Hwa-soon of the YEFEZ Authority. (Photo: YEFEZ Authority) The Yellow Sea Free Economic Zone (YEFEZ) Authority will sell plots in Pyeongtaek Business & Industry Complex (BIX)’s industry and logistics zones next month. The Pyeongtaek BIX is an advanced industry cluster being cre…
Minister Paik Woon-gyu of the Ministry of Trade, Industry and Energy (MOTIE) speaks at a consultative meeting on win-win collaboration between management and labor with textile company representatives in Seoul Palace Hotel in Seoul on Aug. 11. (Photo: MOTIE) The government called for the Korean tex…
President Moon jae-in has a first meeting with business leaders that took place at the format of drinking beer in front of the presidential guesthouse of Sangchunjae on July 27. The participating business leaders included CJ Chairman Sohn Kyung-shik, Chairman Park Yongmaan of the Korea Chamber of Co…
(from left) Korean President Moon Jae-in,; U.S. President Donald Trump,’ and North Korean leader Kim Jong-un. North Korean leader Kim Jong-un’s brinkmanship has escalated into a war of words in which U.S. President Donald Trump promised to react against threats from North with “fire and fury” o…
Minister Paik Un-gyu of the Ministry of Trade, Industry and Energy (MOTIE) New Minister Paik Un-gyu of the Ministry of Trade, Industry and Energy (MOTIE) has formalized the government’s policies to wean the country off nuclear and coal-fired power and expand new and renewable energies. Minister P…
Minister Do Jong-hwan of the Ministry of Culture, Sports and Tourism (MCST) Starting next year, the government may grant a 1 million won tax deduction to individuals for expenses they incur in purchasing concert tickets and books.  Minister Do Jong-hwan of the Ministry of Culture, Sports and …
Rep. Kim Hyun-mee takes office as the first minister of the Ministry of the Land, Infrastructure and Transport (MOLIT) in the President Moon Jae-in government, at the Sejong Government Complex on June 23. (Photo: MOLIT) As Kim Hyun-mee took office as the first minister of the Ministry of the Land, …
Chairman Choi Jong-ku delivers his inaugural speecfh at a ceremony held on July 19 at the Financial Services Commission.(Photo: FSC) Choi Jong-ku was officially inaugurated as chairman of the Financial Services Commission (FSC) on July 19 in a ceremony at the FSC auditorium. South Korea's top fina…
Minister Kim Hyun-mee of the Ministry of Land,Infrastructure and Transport, 3rd, L, applauds as the name plate for the City Rebirth Project Planning Team is put up in a ceremony held on June 4 at MOLIT with key officials of related government agencies and state-run companies in attendance including …
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Business/Company
SK Innovation will begin to mass produce an EV battery capable of running 450 km per charge for the first time in the world. The mileage of the upcoming battery is more than 100 km better than the EV batteries that have been developed so far. The r…
Hyundai Mobis’s test-driving ground for self-driving cars debuted recently at a lot covering 1.12 million sq. meters in the Bio Well-being Special Zone in Buseok-myeon, Seosan City, Chungcheongnam-do. The car testing ground boasts 14 test tacks, …
A graph showing how Bi-directional chargers for plug-in vehicles work.(Photo: Hyundai Mobis) Hyundai Mobis has developed an on-board, bi-directional charger for plug-in vehicles. The bi-directional onboard charger (OBC) allows the vehicle to supply …
Late founder Woo Sang-ki of Sindoricoh Co. steadily upheld the motto of the Kaesong merchants; “No debts, and one well,” throughout his adult life in the running of his businesses. In line with the founder’s motto, the company never borrowed mon…


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