CEO Lee Hak-soo of K-water. Korea Water Resources Corp. (K-water) has vowed to provide clean water to the public by launching a smart water management system supported by advanced information and communications technology and replace all pipelines more than 30 years old in Korea from the beginning …

The representatives of the companies that signed MOUs on NiCloud with the National Information Society(NIA) including the Korea Airports Corp., Information, Communication Industry Promotion Institute, Korea Energy Corp. and the National Parks Management Corp. hold the copies of the MOUs in this phot…

Zhin Woong-seob of the Financial Supervisory Service(FSS).(Photo: FSS) Foreign insurance firms are given greater autonomy and they should be more responsible with that privilidge, Financial Supervisory Service Gov. Zhin Woong-seob stressed on Oct. 28. "The method of regulations has been changed re…

Global nuclear power experts participate in the 2016 KINGS Symposium, titled “Prospects for the Nuclear Power Industry in the Post-COP21 Era” atKepco International Nuclear Graduate School (KINGS) campus on Nov. 17. (Photos: KINGS)KINGS President Oh See-kee delivers his welcoming speech at the symp…

CEOs and executives of global companies participate in an event, part of the Foreign Investment Week 2016 that took place in Seoul from Sept. 27 through Sept. 29.KOTRA President Kim Jae-hong gives a speech at an event of the Foreign Investment Week 2016. (Photos: KOTRA)Minister Joo Hyung-hwan of the…

During the final day of the parliament’s audit of the Ministry of Strategy and Finance (MOSF), ruling and opposition lawmakers have unanimously sounded an alarm over a potential crisis in the national economy.  Members of the National Assembly Strategy and Finance Committee urged the govern…

Chairman Chang Byoung-wan of the National Assembly Trade, Industry and Energy Committee Chairman Chang Byoung-wan of the National Assembly Trade, Industry and Energy Committee said, “We need to have an in-depth look at nurturing new industries as future growth engines.” The following are excerpts…

Administrator Shin Won-sup of the Korea Forest Service (KFS). The Korea Forest Service (KFS) is hitting the accelerator to expand overseas plantations to secure a long-term timber supply. Figures released by the KFS showed that Korea has managed to plant 399,068 ha in 14 countries, which is 475 ti…

Chairman Yim Jong-yong of the Financial Services Commission Chairman Yim Jong-yong of the Financial Services Commission said on Oct. 18 that DTI regulations will not be applied to collective borrowings, and the FSC has no intention to strengthen the DTI standards currently set at 60 percent of annu…