Korea Electronics Technology Institute (KETI) has been selected to oversee a state-financed AI flagship project this year by the Ministry of Science, ICT and Future Planning (MSIT). The project calls for investments worth a combined 70 billion won over five years until 2020 into the development o…

Chairman Kim Byung-won of the National Agricultural Cooperatives Federation(NACF) holds the Korea Reform Management Award for 2017 he won in line at the 19th Korea Reform Related Academics Integrated Conference held at the Gwangju Kim Dae-jung Convention Center in Gwangju, South Jeolla Province, Aug…

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…

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…

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 …

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 …

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…

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…

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…