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President Kim Young-hak of Korea Trade Insurance Corp.(K-sure) (Photos:K-sure)President Kim Young-hak of K-sure signs an MOU on mutual cooperation with Kuwait Petroleum Corp.(KPC) in Kuwait City in which K-sure will provide $2 billion worth of insurance coverage to Korean firms dealing with KPC duri…
Korea Elevator Safety Institute (K.E-safe) President Kong Chang-seug.  Elevators have become the most commonly used mode of transportation in people’s everyday lives. Currently, some 530,000 elevators are in operation across the nation. If an elevator accident takes place, it could lead to mu…
Korea Electrical safety Corp. (KESCO) CEO Lee Sang-kwon. [Photo:KESCO) Korea Electrical safety Corp. (KESCO) CEO Lee Sang-kwon has been honored with the 2015 Korea Creative Economy Grand Prix in Safety Management for his contributions to cutting down on fires caused by electricity.  KESCO Pre…
Saudi King Salman bin Adudulaziz Al Saud, the custodian of the two Holy Mosques, rolls out the red carpet for President Park Geun-hye by receiving her at King Khalid International Airport in Riyadh on March 3. The Park Geun-hye government is stepping on the gas to flesh out steps to parlay her late…
Korea Industrial Complex Corp. (KICOX) President Kang Nam-hoon.(Photo:KICOX) Korea Industrial Complex Corp. (KICOX) provides a one-stop service for companies wanting to make their way into foreign markets, market exploration.  Ace Machinery Co., a specialized maker of automatic folding carton…
KOTRA President Kim Jae-hong presides over a breakfast meeting of CEOs from 15 SMEs, part of the Korean economic delegation on President Park Geun-hye’s recent overseas tour to the Middle East the Grand InterContinental Hotel in Samseong-dong, Seoul, on March 17 to discuss how to parlay the tour in…
Chairman Kim In-ho of the Korea International Trade Association who was inaugurated in a ceremony on Feb. 26 at the KITA building in Seoul.(Photo:KITA) In his inaugural ceremony on Feb. 26, new Korea International Trade Association (KITA) Chairman Kim In-ho said everything has to be changed to brea…
Permanent Inspector Jeong Song-hag of Korea Asset Management Corp. (KAMCO) & Chairman of the Institute of Public Corporation Internal Auditors of Korea (IPCA Korea) Chairman Jeong Song-hag, right, accepts the flag of the Institute of Public Corporation Internal Auditors of Korea at the inst…
Director General Sohn Byeong-seok of the Railway Bureau at the Ministry of Land, Infrastructure and Transport (MOLIT)(Photo:MOLIT) The Honam High-speed Railway, to be opened to the public in early April, will reinvigorate regional economies and promote a balanced land development, said Director Gen…
Deputy Minister for Trade Woo Tae-hee explains on the initialing of Korea-China Free Trade Agreement on Feb. 25.(Photo:MOTIE) All products from the inter-Korean joint industrial complex in Gaeseong, North Korea, will benefit from a reduction or elimination of China’s import tariffs as they will be…
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Business/Company
One of the best-selling Korean ice cream products of all time, the World Cone, is an ice cream product made by Lotte Confectionery. Roughly 80 billion won of the product was sold last year, helping it retain its No. 1 position in the ice cream market…
Samsung SDS President Hong Won-pyo reveals his company’s plan at the “Real 2019” the company hosted at Shilla Hotel in Seoul on May 8. (Photo: Samsung SDS)Samsung SDS is strengthening projects to help companies pursue digital transformation. The c…
A fascinating view of the blossoming of fireworks along the Lotte World Tower, the 123-story landmark skyscraper in Seoul on May 4.Lotte Group Chairman Shin Dong-bin (Photos: Lotte Group)Many people still recall a breathtaking fireworks event held on…
Sulwhasoo Sullin Cream Sulwhasoo Yebit CreamSulwhasoo, a luxury brand among AmorePacific’s anti-aging cosmetic product lines, has signalled the renewal of the representative anti-aging Sulllin Line, marking its inclusion as its own anti-aging brand.…


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