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Policy/Politics
Vice Minister Yoon Hag-bae of the Ministry of Oceans and Fisheries (MOF) explains the MOF’s policies and the Oceans and Fisheries Science & Technology Fair 2016 being held at BEXCO in Busan from Nov. 24 to 26.  (Photo: MOF) "The government aims to secure 50 science technologies in the oce…
President Chung Jae-hoon of the Korea Institute of Advancement of Technology(KIAT).(Photo: KIAT) President Chung Jae-hoon has been named to serve another year as head of the Korea Institute of Advancement of Technology (KIAT) from Nov. 2. His first three-year term as head of the institute expired o…
IFEZ Commissioner Lee Young-geun. Regulations on the Incheon Free Economic Zone (IFEZ), the first free economic zone in Korea, will be drastically eased so that it may function more effectively as an engine of national growth. According to the Incheon Free Economic Zone Authority, Member of the Na…
Jorge Costa Oliveira, Portuguese secretary of state for internationalization affairs Jorge Costa Oliveira, Portuguese secretary of state for internationalization affairs, wrapped up a five-day official visit to Korea on Nov. 4, advancing relations between Korea and Portugal in such areas as trade a…
President Park Sang-woo of the Koreas Land and Housing Corp. "Investment targets and residential ownership no longer necessarily go together anymore, insofar as owning real estate and investments are becoming fully independent as real estate ownership becomes securitized in the days ahead,” said C…
President Kim Ki-duk of Korea Post is shown with a number of staff in an ad for Korea Post coming on top in the Korea Customer Service Index Service Section in a recent survey made by KCSI. (Photo: Korea Post)Korea Post came out on top in the Korea Customer Service Index Service Section in a recent…
Chairman Moon Hyung-pyo of National Pension Service(NPS). The National Pension Service (NPS) is to invest 1 trillion won ($873.5 million) in the Kosdaq stock market in the final quarter, buying small- and medium-sized firms’ shares. The NPS is also eliminating guidelines that included limiting inv…
Choi Hoon, head of Incheon International Airport Corp. (IIAC)’s division chie, receives the “sustainability report” grand prize in the public entity category in the 2016 Global Standard Management Awards (GSMA) ceremony  from Chairman Lee Jae-ha of the Korea Management Association Registrati…
Dignitaries, including President Park Geun-hye, Akihiro Nikkaku, CEO of Toray Industries, and Chairman Lee Young-kwan of Toray Advanced Materials Korea, attend a ground-breaking ceremony for a a project to build a new carbon fiber material plant, the fourth one in Gumi, Gyeongsangbuk-do on Oct. 19. …
CEO Lee Hak-soo of K-water. Korea Water Resources Corp. (K-water) has vowed to provide clean water to the public by launching a smart water management system supported by advanced information and communications technology and replace all pipelines more than 30 years old in Korea from the beginning …
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Economy/Finance
Chairman Han Dong-woo of Shinhan Financial Group. Shinhan Financial Group's net profit surpassed 2 trillion won for the second year in a row, the company said recently. The group posted 2.37 trillion won ($1.91 billion) in net profit last year, up 1…
Chairman Kim Jung-tae of Hana Financial Group. Hana Financial Group posted 1.345 trillion won in net profit in 2016, up nearly 50 percent year-on-year, the group said on Jan. 24. It’s the largest net profit since Hana Bank merged with Korea Exchang…
Chairman Yoon Jong-kyoo of KB Financial Group. KB Financial Group’s saw its share price outstrip its rival Shinhan Financial Group in January for the first time in four years. KB Financial’s shares jumped 2.66 percent as of the close on Jan. 25 to…
Chairman Kim Yong-hwan of NH Financial Group shakes hands with a staff as he visits the NH  Investment and Securities Co. head office with President Kim Won-kyu of the securities affiliate of the group behind him.(Photo: NH Financial Group) NH …


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