Chairman Yim Jong-yong of Financial Service Commission(FSC) explains the measures to strengthen the competitive strength of all financial institutions in Korea so they can compete better abroad, at a recent briefing at the media room of FSC.(Photo:FSC) Considering Korea’s fast-aging society, Finan…

Gov. Zhin Woong-seob of Financial Supervisory Service(FSS) explains FSS policies at  a recent briefing session at the media room of FSS.(Photo:FSS) Gov. Zhin Woong-seob of the Financial Supervisory Service (FSS) likened the suspension of financial support to SMEs to taking away umbrellas when …

Seoul Maryor Park Won-soon. Seoul Mayor Park Won-soon launched a one-month mission on Oct. 7 to lend an ear to the voices of on-the-job workers and explore ways of creating quality jobs.  The Seoul mayor is touring 99 worksites from Oct. 7 until Oct. 31. Under the catchphrase “Creating Jobs…

Administrator Jeh Dae-shik of the Korean Agency for Technology and Standards speaks at the 39th ISO General Assembly, which took place in Seoul from Sept. 14 to 18. Some 700 people from 162 countries assembled for the 38th ISO General Assembly, dubbed ISO Week in Korea, at Lotte Hotel in Seoul from…

Director-General Kim Hak-soo of the Capital Market Bureau of the Financial Service Commission said they have been hard at work to push three major policies related to capital market reform, especially market structure. The FSC boosted the upper limit for share price movement from 15 percent to 30 pe…

KORES Acting President Park Sung-ha, R, and the head of the labor union each holds a copy of the agreement on the salary peak system that they hammered out at a  meeting on Sept. 18 so that the company can use it from next year.(Photo:KORES) Korea Resources Corp. (KORES), led by Acting Preside…

President Park Nark-jo of the Korea Elevator Safety Institute (K.E-safe). Korea Elevator Safety Institute (K.E-safe) pledged to be one of the world’s best elevator safety institutions, committed to ensuring safety management. K.E-safe set this year’s foremost priority task as “SAFE management”…

KDHC President Kim Seong-hoe poses with other participants of an international community energy seminar celebrating the 30th anniversary of the establishment of the KDHC held at The-K Hotel in southeastern Seoul from Aug. 27 to 29. (Photo:KDHC)Korea District Heating Corp. (KDHC) is an energy public …

President Park Geun-hye is being welcomed by Chinese President Xi Jinping and his wife when she visited Beijing Sept. 3 to attend China's 70th anniversary of the end of World War II which included a military parade by the Chinese Liberation Army exhibiting some of its advanced weaponry such as ICBMs…