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Policy/Politics
Dignitaries, including Minister of Land, Infrastructure and Transport Kang Ho-in, and Korea Expressway Corp. CEO ßKim Hak-song, pose during the 25th Road Day anniversary event. (Photos: KEC) The Ministry of Land, Infrastructure and Transport (MOLIT) and the Korea Road Association jointly hosted a …
President Kim Jae-soo of Korea Agro-Fisheries and Food Trade Corp.(aT). The Korea Agro-Fisheries and Food Trade Corp. (aT) plan to achieve $10 billion in exports of farm and fishery products this year, while boosting the competitive strength of exporters of those products and building export infras…
Vice Minister Choi Jae-yoo of the Ministry of Science, ICT & Future Planning (MSIP).MSIP Vice Minister Choi Jae-yoo poses with government award winners at a ceremony to mark the 5th anniversary of the Information Protection Day at The-K Hotel Seoul in Yangjae-dong on July 13. (Photos: MSIP) The…
President Hong Soon-man of Korea Rail Corp. The KTX Mileage Discount System will be introduced by the Korea Rail Corp. to provide discounts and additional services based on the distance passengers travel. President Hong Soon-man of Korail said on July 7 that Korail will do its best to compete with…
A view of the NPS headquarter in Jeonju.(Photo:NPS) The public image of the National Pension Service is growing ever higher as its total funds reach 524 trillion won as of the end of March, ranking the third largest among pension funds in the world. It has 21.56 million members and pays pensions to…
Minister Choi Yang-hee of the Ministry of Science, ICT & Future Planning (MSIP) delivers a speech at a ceremony to mark the 29th anniversary of the Month of Information Culture Plaza in Seoul on June 8.Dignitaries, including MSIP Minister Choi and Chairman Choi Sung-joon of the Korea Communicati…
The Busan-Jinhae Free Economic Zone (BJFEZ) ranked 1st overall in the 2015 performance evaluation of seven free economic zones, followed by the Incheon Free Economic Zone (IFEZ) and the Gwanyang Bay Area Free Economic Zone (GFEZ). The Economic Free Zone Commission held its 85th session on May 31 …
Gov. Zhin Woong-seob of the Financial Supervisory Service.(Photo:FSS)Gov. Zhin Woong-seob of the Financial Supervisory Service (FSS) intends to take charge of the introduction of the IFRS2 Phase 2 initiative in a meeting that will take place in May with the heads of Korea’s insurance firms.The top …
President Ha Sung-yong of Korea Aerospace Industries (KAI) has been awarded another term as the CEO of KAI as of May 4. Members at a temporary shareholders’ meeting of KAI held on May 3 at the company’s Sacheon head office in Sacheon, South Gyeongsang Province, unanimously approved the retention…
Executive Managing Director for Construction Sin Jae-sang of Korea Expressway Corp. Executive Managing Director for Construction Sin Jae-sang of Korea Expressway Corp. (KEC) said in an interview with NewsWorld on the occasion of the 25th Road Day on July 7 that the KEC has been working to build new…
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Economy/Finance
Chairman Han Dong-woo of Shinhan Financial Group. Shinhan Financial Group's net profit surpassed 2 trillion won for the second year in a row, the company said recently. The group posted 2.37 trillion won ($1.91 billion) in net profit last year, up 1…
Chairman Kim Jung-tae of Hana Financial Group. Hana Financial Group posted 1.345 trillion won in net profit in 2016, up nearly 50 percent year-on-year, the group said on Jan. 24. It’s the largest net profit since Hana Bank merged with Korea Exchang…
Chairman Yoon Jong-kyoo of KB Financial Group. KB Financial Group’s saw its share price outstrip its rival Shinhan Financial Group in January for the first time in four years. KB Financial’s shares jumped 2.66 percent as of the close on Jan. 25 to…
Chairman Kim Yong-hwan of NH Financial Group shakes hands with a staff as he visits the NH  Investment and Securities Co. head office with President Kim Won-kyu of the securities affiliate of the group behind him.(Photo: NH Financial Group) NH …


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