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Policy/Politics
Korea Post President Kim Kee Deok. South Korea’s biggest postal service will buy more U.S. assets as the state-run fund joins a global hunt for better returns amid record-low interest rates and sagging economic growth at home. Korea Post, which has about 110 trillion won ($97 billion) of savings …
Chief Investment Officer Kang Myoung-wook of National Pension Service. The National Pension Service (NPS) plans to expand its investments in China and India, especially in government bonds in China, CIO Kang Myoun-wook of the national retirement fund said in an interview with Bloomberg News. Expla…
Minister of Land, Infrastructure and Transport Kang Ho-in delivers his commemorative speech at the 117th anniversary event of Railway Day on Sept. 8. Minister Kang Ho-in of the Ministry of Land, Infrastructure and Transport called for massive investments in railway technology development to ensure …
President Kim Sun-dock of the Korea Housing and Urban Guarantee Corp. Korea Housing and Urban Guarantee Corp. (HUG) launched its project to develop an index for average prices of apartments to supplement discrepancies in the sales of new apartments around the country. The company expects to comple…
Executive Vice President Min Min-hong, head of the International Tourism Strategy Division at the Korea Tourism Organization (KTO) speaks at the 2016 Hangzhou Korea MICE & Culture Festival sponsored by the KTO at the Hangzhou Garden Hotel on May 20. Korea’s efforts to nurture the MICE industry…
New Chairman Lee Jung-hyun of the ruling Saenuri Party indicates his catchphrase: “A New Start Based on Innovation and Harmony at an event he participated after he took office. (Photo: Saenuri Party) Rep. Lee Jung-hyun, a three-time lawmaker, was elected the new party chairman on Aug. 9. The rulin…
 (from left) Minister Cho Yoon-sun of the Ministry of Culture, Sports and Tourism. Minister Kim Jae-soo of the Ministry of Agriculture, Food and Rural Affairs.  Minister Cho Keung-kyu of the Ministry of Environment and Vice Minister Chung Man-ki of the Ministry of Trade, Industry…
President Park Geun-hye presides over the 2nd Science Technology Strategy Meeting to designate nine state strategy projects designed to secure new growth momentum, at Cheong Wa Dae on Aug. 10. (courtesy on the hompage of Cheong Wa Dae). President Park Geun-hye presided over the 2nd Science Technolo…
Minister Joo Hyung-hwan of the Ministry of Trade, Industry and Energy presides over a meeting of commissioners of seven free economic zones (FEZs), research institution experts and senior company officials in Songdo, Incheon, on Aug. 19. Minister Joo Hyung-hwan of the Ministry of Trade, Industry an…
Dignitaries, including Mayor Yoo Jeong-bok and Commissioner Lee Young-geun of the Incheon Free Economic Zone (IFEZ), participates in a ceremony to declare the IFEZ 2030 Vision at the grand auditorium of the G Tower on July 19. (Photo: IFEZ) The Incheon Free Economic Zone (IFEZ) held a ceremony at t…
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Economy/Finance
Chairman Hwang Rok of Korea Credit Guarantee Fund(KODIT) Chairman Hwang Rok of the Korea Credit Guarantee Fund (KODIT) said on Feb. 27 that he will run KODIT in such a way as to create jobs by extending financial guarantees to promising startups to …
Chairman Yoon Jong-kyoo of KB Financial Group, 5th R, and is welcomed by PM Nguyen Xuan Phuc of Vietnam, 4th R, at the Prime Minister’s Office in Hanoi, Vietnam, as they meet at a reception to celebrate the 25th anniversary of the opening of the dip…
President Wi Sung-ho of Shinhan Bank answers the reporters at a recent media meet following his official inauguration as the new CEO of Shinhan Bank. (Photos: Shinhan Bank) President Wi Sung-ho of Shinhan Bank said on March 7 that he will steer the …
Chairman Kim Jung-tae of Hana Financial Group.(Photos: KEB Hana Bank)Hana Financial Group posted 1.345 trillion won in net profit in 2016, up nearly 50 percent YoY, the largest net profit since 2012 when the Hana Bank merged with the Korea Exchange B…


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