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The representatives of the companies that signed MOUs on NiCloud with the National Information Society(NIA) including the Korea Airports Corp., Information, Communication Industry Promotion Institute, Korea Energy Corp. and the National Parks Management Corp. hold the copies of the MOUs in this phot…
Zhin Woong-seob of the Financial Supervisory Service(FSS).(Photo: FSS) Foreign insurance firms are given greater autonomy and they should be more responsible with that privilidge, Financial Supervisory Service Gov. Zhin Woong-seob stressed on Oct. 28. "The method of regulations has been changed re…
Global nuclear power experts participate in the 2016 KINGS Symposium, titled “Prospects for the Nuclear Power Industry in the Post-COP21 Era” atKepco International Nuclear Graduate School (KINGS) campus on Nov. 17. (Photos: KINGS)KINGS President Oh See-kee delivers his welcoming speech at the symp…
CEOs and executives of global companies participate in an event, part of the Foreign Investment Week 2016 that took place in Seoul from Sept. 27 through Sept. 29.KOTRA President Kim Jae-hong gives a speech at an event of the Foreign Investment Week 2016. (Photos: KOTRA)Minister Joo Hyung-hwan of the…
During the final day of the parliament’s audit of the Ministry of Strategy and Finance (MOSF), ruling and opposition lawmakers have unanimously sounded an alarm over a potential crisis in the national economy.  Members of the National Assembly Strategy and Finance Committee urged the govern…
Chairman Chang Byoung-wan of the National Assembly Trade, Industry and Energy Committee Chairman Chang Byoung-wan of the National Assembly Trade, Industry and Energy Committee said, “We need to have an in-depth look at nurturing new industries as future growth engines.” The following are excerpts…
Administrator Shin Won-sup of the Korea Forest Service (KFS). The Korea Forest Service (KFS) is hitting the accelerator to expand overseas plantations to secure a long-term timber supply. Figures released by the KFS showed that Korea has managed to plant 399,068 ha in 14 countries, which is 475 ti…
Chairman Yim Jong-yong of the Financial Services Commission Chairman Yim Jong-yong of the Financial Services Commission said on Oct. 18 that DTI regulations will not be applied to collective borrowings, and the FSC has no intention to strengthen the DTI standards currently set at 60 percent of annu…
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.Participants of the 2016 Rotary International S…
EUMC Director Kim Seung-cheol, concurrently vice president of Ewha Womans University; shakes hands with Director Enkhtur Shonkhuuz of the National Center for Maternal and Child Health (NCMCH) of Mongolia after signing an MOU involving remote medical services at EUMC in Seoul. (Photo: EUMC) The Ewha…
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Business/Company
A number of key officials of Lotte Group led by Chairman Shin Dong-bin clap hands at a ceremony to open the Lotte R&D Center in Magok, Seoul, on June 1. Lotte Group, Korea's food and retail giant, unveiled on June 1 its new research and developm…
Representatives from Samsung SDS and  its blockchain consortium partners for shipping and logistics pose during an inaugural meeting at its campus in Pangyo, Gyeonggi-do, on May 31. (Photo: Samsung SDS) The logistics sector has become the first…
Vice Chairman Chung Eui-sun introduces the Kona, Hyundai Motor’s new SUV in the B segment of the SUVs at the automaker’s new studio in Ilsan near Seoul on June 13. (Photos: Hyundai Motor) Vice Chairman Chung Eui-sun debuted the Kona at the Kona Wo…
LG Chem Vice Chairman Park Jin-soo. (Photo: LG Chem)LG Chem is concentrating its capabilities on the nurturing of core businesses, including basic materials, batteries, IT/electronics materials and life science. The company aims at becoming a “globa…


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