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Policy/Politics
Korea Radwaste Management Corp. (KRMC) is engaged in active corporate culture innovation under the leadership of KRMC President Song Myung-jae. As traditional music sounded through the public address system of the KRMC head office in Gyeongju City at 5 p.m. on April 30, hard-working KRMC staff …
Korea Electrical Safety Corp. (KESCO) has turned to long-term efforts to realize its new safety management system of taking preventive measures to ensure sustainable growth, shifting from the hitherto post-disaster management regime of restoration. KESCO is also striving to make inroads into th…
Chief Joo Young-jin of the National Assembly Budget Office led a delegation from his office to the 4th Meeting of OECD Parliamentary Budget Officials in Paris, France, as well as visited Spain from Feb. 22 to March 2. Members of the delegation learned about the execution of parliamentary budget…
The government plans to open the operation of the high-speed KTX railway to the private sector to lower prices and enhance services,” said Kwon, Do-Youp, Minister of Land, Transport and Maritime Affairs (MLTM). “It has nothing to do with the restructuring of ownership, such as nationalization…
The two countries agree to work together in the area of human resources developmentPresident Lee Myung-bak made a historic visit to Myanmar and held talks with Myanmar President Thein Sein in the Myanmar capital of Nay Pyi Taw on May 14. The trip is the first state visit by a South Korean presi…
The leaders of South Korea, China, and Japan signed a trilateral investment guarantee treaty while reaching agreement to make preparations for the launch of negotiations on a three-way free trade agreement within this year during their talks in Beijing on May 14.South Korean President Lee Myung-bak,…
The Ministry of Knowledge Economy (MKE) has come up with a plan to pitch in for the commercializing of new business models so that they can create business opportunities amid upheavals in the conditions of the global market.Director General Jung Yang-ho, in charge of technology policy at the MKE, sa…
Korea has become the first Asian country to be elected to one of the co-chair posts of the Bureau of the OECD Committee on Statistics (CSTAT) for a one-year term this year. The election is expected to represent Korea and Asia’s positions on setting future major agendas.  Woo Ki-Jong, Commissio…
Minister Lee Ju-Ho of the Ministry of Education, Science and Technology (MEST) said, “The nation should change the science & technology administration paradigm from a catch-up model to a creative frontier model and should invest more so that creativity, autonomy and curiosity can be inspired.”…
The Saenuri Party on April 12 general election rallied around its chief and most likely presidential candidate Park Geun-hye after a dramatic victory. In a press conference, the chief of the conservative ruling party vowed to use the party’s majority status in the single-chamber parliament to …
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Business/Company
Spectators look at a concept EV car model made with magnesium steel, a new EV car material, on display at the Global EV Material Forum 2017 at the POSCO Global R&D Center in Songdo, Incheon, on Oct. 31.POSCO Chairman Kwon Oh-joon. (Photos: POSCO)…
Lotte Group Chairman Shin Dong-bin waves the flag of the group’s holding company in an inaugural session at the Lotte Wrold Tower in Jamsil, Seouo, on Oct. 12. (Photo: Lotte Group) Lotte Business Group, the nation’s fifth largest conglomerate, off…
A view of a 98-inch 8K LCD TV on display by Samsung Display at the International Media Information Display Exhibition held Oct. 17-19 at Coex, southern Seoul.A view of a 49-inch Ultra Wide LCD TV on display by Samsung Display at the IMID Exhibition h…
A scene from CJ Kidsville  Cooking Class hour. CJ Group has been found to have led in job creation among the top 30 conglomerates in Korea, along with its contribution to helping its employees give equal time to both the company and their house…


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