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Policy/Politics
Global leaders, including Korean President Park Geun-hye, pose for a group photo while attending the G20 Summit held in Hangzhou, China from Sept. 4 to 5. After attending the G20 Summit in Hangzhou, China, President Park Geun-hye arrived in Vientiane, Laos, on Sept. 6, to attend ASEAN-related summi…
Saenuri Chairman Lee Jung-hyun delivers a speech as one of the heads of parliamentary negotiating bodies on Sept. 5. (Photo: Saenuri Party) Chairman Lee Jung-hyun of the Saenuri Party proposed a political alliance between the ruling party and Honam (Jeolla provinces), a bastion of former president …
Minister Joo Hyung-hwan of the Ministry of Trade, Industry and Energy (MOTIE).MOTIE Minister Joo speaks at a meeting with CEOs of Korean automakers at the Conrad Seoul Hotel in Yeouido on Aug. 18. (Photos: MOTIE) Minister Joo Hyung-hwan of the Ministry of Trade, Industry and Energy (MOTIE) urged CE…
Minister of Trade, Industry and Energy Joo Hyung-hwan, Hyundai Motor Vice Chairman Kwon Moon-shik, and others pose for a group photo after participating in a ceremony to inaugurate the Hydrogen Convergence Alliance. (Photo: MOTIE) The government and the private sector have inaugurated a hydrogen co…
Lee Keon-jae, senior researcher at Korea Evaluation Institute of Industrial Technology (KEIT), spoke about the development of the Fourth Industrial Revolution and how to respond to future changes. Question: What are core wearable technologies that will lead up to the Fourth Industrial Revolution,…
Commissioner Kwon Oh-bong of the Gwangyang Bay Area Free Economic Zone (GFEZ). The Gwangyang Bay Area Free Economic Zone (GFEZ) has successfully attracted 33 companies and investments worth 1,148.3 billion won under the stewardship of GFEZ Commissioner Kwon Oh-bong, who took office in July 2015. T…
New President Hwang Kyu-yeon of the Korea Industrial Complex Corp. (KICOX) delivers his inaugural speech at the KICOX headquarters in Daegu on Sept. 12. Former Deputy Minister Hwang Kyu-yeon, of the Office of Industrial Creativity and Innovation at the Ministry of Trade, Industry and Energy (MOTIE)…
Gov. Won Hee-ryong of Jeju Special Self-governing Province talks at a meeting of members of the Organizing Committee of the 15th World Korea Business Convention to be held from Sept. 27 at the International Convention Center Jeju and leading CEOs in Korea to attend the convention held on April 27 at…
Director General Park Min-woo of the Railway Bureau at the Ministry of Land, Infrastructure and Transport (MOLIT) The government is going all out to implement the 3rd Railway Network Buildup Scheme.  The following are excerpts of an interview in which Director General Park Min-woo of the Rail…
Notables, including MOLIT Minister Kang Ho-in, Korea Railway Network (KR) Chairman & CEO Kang Yeong-il and concurrently chairman of the Korean Railway Association (KORASS), and Korea Railroad Corp. (Korail) President Hong Soon-man attend the 117th Railway Day anniversary event held at the Railwa…
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Economy/Finance
President Kim Jae-chun of Korea Housing Finance Corp.(Photo: KHFC) Korea Housing Finance Corp. (KHFC) provides housing finance in Korea. It offers long-term mortgage loans; housing guarantees for individuals, such as guarantees for rental, installme…
President Lee Kwang-goo of Woori Bank. Shares of Woori Bank have been rising rapidly this year with the expectation that the bank would do well in the first year of its privatization. The government sold most of its stake in the bank to multiple pri…
Chairman Hwang Rok of the Korea Credit Guarantee Fund(KODIT). The Korea Credit Guarantee Fund (KODIT) celebrated its 41st anniversary on June 1 with a ceremony at its head office in Daegu. All of the entire officers and staff signed “E-Clean” Affi…
Shinhan Card President Lim Young-jin. Shinhan Card has launched the Asiana Shinhan Card Air 1.5, which strengthens benefits for cardholders from the accumulation of mileage with Asiana Airlines. The new card has the highest mileage accumulation rate…


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