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The government’s 2018 budget calls for a 7.1 percent increase in spending to 429 trillion won, aligning it with President Moon Jae-in’s economic initiatives of focusing on income-led growth and creating jobs. The budget increase is higher than the government’s economic growth forecast of 4.5 pe…
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Gwangju Mayor Yoon Jang-hyun said Gwangju Metropolitan City will strive to come up with their own steps to create jobs and foster the development of the eco-friendly auto, new energy and cultural content industries to cope with the advent of the 4th Industrial Revolution.
Mayor Yoon of the Gwanju…
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Minister Do Jong-hwan of the Ministry of Culture, Sports and Tourism (MCST), Minister Yoshimash Hayashi of Education,Culture, Sports,Science and Technology and Chinese Minister of Culture Luo Shugang hold a certificate of a “Kyoto communiqu” they singed during the 9th Korean, Chinese and Japanese …
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Chairman Choi Jong-ku of the Financial Services Commission(FSC).
The government plans to plow up to 40 trillion won in the coming years into areas related to the 4th Industrial Revolution, including such sectors as smart factories, drones and self-driving cars. The government will also entirely do …
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Dignitaries, including Minister Kim Hyun-mee of the Ministry of Land, Infrastructure and Transport (MOLIT) and K-water President Lee Hank-soo, take each other’s hand during an opening ceremony of the 1st Asia International Water Week, which coincided with the Korea International Water Week at the H…
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Chairman & President Moon Jae-do of Korea Export Insurance Corp.(K-sure) (Photo: K-sure)
Chairman & President Moon Jae-do of Korea Export Insurance Corp. (K-sure) toured Beijing 10 days after he took the helm of the trade support organization in March to look into the damage Korean companie…
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Director General Lee Sung-hae of the Spatial Information Policy Bureau at the Ministry of Land, Infrastructure and Transport (MOLIT).
The Smart Geospatial Expo 2017 will take place at the aT Center in Yangjae-dong, Seoul, from Aug. 30 to Sept. 1. The Expo, to be held under the general theme, “Spat…
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Dignitaries, including Vice Minster Lee In-ho of the Ministry of Trade, Industry and Energy, and KOTRA President Kim Jae-hong, participate in an event cut a cake in celebration of KOTRA’s 55th anniversary at the KOTRA headquarters in Yeomgok-dong, Seoul, on June 20.President Kim of the Korea Trade-…
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Residents from Ulju County in Ulsan march in a rally to protest the halting of the construction of Shin Kori Nuclear Power Units 5 & 6. They demanded for continuing construction as planned.
A public debate committee on the construction of the Shin Kori Nuclear Power Units 5 & 6 started…
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President Moon Jae-in delivers a commemorative video message at a ceremony to celebrate the 50th Industrial Safety Health Emphasis Week at Coex in Seoul.Vice Minister Yi Sung-ki of the Ministry of Employment and Labor give a speech at the 50th Industrial Safety Health Emphasis Week ceremony. (Photos…
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A 380MW gas turbine developed and produced by Doosan Enerbility. (Photo: Doosan Enerbility)On October 13, Doosan Enerbility announced that it had signed an agreement with a prominent U.S. technology company to provide two units of Doosan’s 380MW gas…
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HD Hyundai Oil Bank supplies sustainable aviation fuel (SAF) to Korean Air’s international flights to Japan. To the refinery, it is the first entry to the Korean SAF market. HD Hyundai Oil Bank said on Sept. 22 the refinery struck a contract wi…
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Jang Si-ho, head of KPX Jeju Headquarters poses with Suh Yong-seok, chief of KIER’s Jeju Global Research Center as the two institutions struck an MOU on joint research and commercialization of new energy industries and demand management technologies…
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Chairman Kim Seung-youn of Hanwha Business Group. (Photos: Hanwha Group)Hanwha celebrated the 73rd anniversary on Oct. 9. In his commemorative speech, Chmn. Kim Seung-youn of Hanwha Group said, “Our goal now is to be a global leader, and we hav…
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