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With high-end technologies and know-how Korea Rail Network Authority (KR) has accumulated as a railway-specialized authority, KR is actively participating in the global railway market, expanding its rail network far beyond Korea.(Photo: KORASS) The Korea Railway Association (KORASS) and Korea Rail …
A view of the Imae Station  on the Gyeonggang Electric Rail Line which opened on Sept. 24 stretching for 57 km connecting Pankyo and Yeoju, Gyeonggi Province.(Photo: Korail) The new electric railroad connecting Seongnam City, Gwangju, Icheon  and Yeoju, Gyeonggi Province, will be complete…
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…
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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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