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Policy/Politics
Asian energy ministers and other participants of the 5th Asian Ministerial Energy Roundtable pose for the camera for a group photo.(photo: MOTIE)    Energy ministers from Asia and the Middle East discussed the need for the establishment of new oil and gas trade markets during the…
Chairman Shin Je-yoon of the Financial Services Commission.   The government will kick off a plan to overhaul the financial transaction system to turn it into an advanced one like those found in advanced nations based on a New Vision that Chairman Shin Je-yoon of the Financial Services Com…
 Kim Kyung-wook, Director General of the Railroad Bureau at the Ministry of Land, Infrastructure and Transport (MOLIT)   "We continue to expand the KTX lines and make the existing railway networks high-speed ones with the goal of reaching anywhere in the nation within one-and-a-h…
Korea Rail Network Authority (KR) President and CEO Kim Kwang-jae  (photo: KR)    Korea Rail Network Authority (KR) President and CEO Kim Kwang-jae said he would make all possible efforts to lead the state-run organization toward a leap forward. “We will focus on providing a sa…
Woo Tae-hee, assistant minister of the Office of FTA Negotiations at the Ministry of Trade, Industry and Energy, explains the results of phase one negotiations on a free trade agreement between Korea and China on Sept. 6.   South Korea and China have wrapped up phase one negotia…
The following are excerpts of a written interview between NewsWorld and Rep. Sim Hag-bong, of the Saenuri Party’s Gumi-gap, who serves as a member of the National Assembly Trade, Industry and Energy Committee, in which he spoke of his legislative activities and political philosophy and conviction…
Rep. Kim Hee-jung of the ruling Saenuri Party hosted a symposium on how to address the additional emotional injuries inflicted on sexual abuse victims at the National Assembly Parliamentarians’ Hall on Sept. 29.Bae Sung-min, director of the Incheon Sunflower Center; Kong Jung-shik, director of Kore…
President Park Geun-hye delivers her commemorative address at the Liberation Day anniversary event at the Sejong Center for the Performing Arts in central Seoul on Aug. 15.  President Park Geun-hye’s proposal for resuming reunions for estranged families between South and North Korea …
The Ministry of Culture, Sports and Tourism is on its way to making the tourism industry a high value-added fusion industry that will create jobs and be a future growth engine for Korea, based on the decision made at the first Tourism Promotion Meeting held at Cheong Wa Dae, the presidential mansion…
   2nd Vice Minister Yoon Jong-lok of the Ministry of Science, ICT & Future Planning (MSIP) (photo: MSIPThe Park Geun-hye government attaches top policy priority to building the creative economy and creating jobs.  “The Ministry of Science, ICT & Future Planning (M…
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Economy/Finance
President Lee Dae-houn (Right) is on a visit to a branch of NH Bank in Seoul to inspect its operation as part of his plan to size up the bank outlets operations around the country.(Photo: NH Bank)President Lee Dae-houn of NH Bank said he has been con…
Chairman Yoon Jong-kyoo of KB Financial Group.KB Financial Group will provide 29 trillion won in loans and credits, in addition to direct investments to reform businesses through 2023, the financial group said. The group said 27 trillion won will pro…
President Kim Do-jin of the Industrial Bank of Korea(IBK). (Photos: IBK)The Industrial Bank of Korea(IBK) is set to offer the Smart Movable Asset Collateral Loan combining IoT with financial product which the bank decided to create after listening to…
President Chung Young-chae of NH Investment and Securities Co.(Photo: NHIS)NH Investment & Securities Co. got a license to issue promissory notes, making it the second securities firm to do so after Korea Investment and Securities. The license pr…


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