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Speaker Chung Ui-hwa attended a ceremony on Jan. 2 to celebrate the start of the New Year at the Main Hall of the National Assembly where some 500 employees of the National Assembly Secretariat, the Library, and the Budget Policy Office, and the Legislative Inspection Office, among others, were pres…
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The ruling Saenuri Party has decided to recommend to President Park Geun-hye to give special paroles and temporary releases to business leaders and other criminals serving terms in jail for crimes committed for the sake of their livelihoods, following a decision made by its Highest Operation Committ…
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Chairman Chung Woo-taik of the National Assembly National Policy Committee hosted a public debate on the national agenda to brace for future challenges of the nation. He also became the host of the 2014 National Assembly Smart Water Forum.
Following are excerpts of an interview between Ne…
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President Park Geun-hye (right) holds the joint press conference on December 12 during the ASEAN-ROK Commemorative Summit. Pictured with her is President U Thein Sein of Myanmar, the ASEAN chair country. (Photo: Cheong Wa Dae)
President Park Geun-hye has proposed to the 10 members of the Associatio…
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President Park Geun-hye delivers her commemorative speech at the 51st Trade Day anniversary event at Coex on Dec. 5.On her congratulatory speech at the 51st Trade Day ceremony held at Coex on Dec. 5, President Park Geun-hye said that basic industrial infrastructure should be fused with IT under the …
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Won Dong-jin, Director General for International Trade Policy at the Ministry of Trade, Industry and Energy (MOTIE)Orea has surpassed $1 trillion in trade for the fourth straight year. The nation will likely see the Triple Crown this year as it did last year — record high trade, record h…
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Director General Park Soon-kee of the Planning Office of the Free Economic Zones speaks at the FEZ Business Day 2014.The Ministry of Trade, Industry and Energy, seven free economic zone (FEZ) authorities, and the Saemangeum Development Agency joined forces in hosting FEZ Business Day 2014. The event…
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The 2nd Geyongbu (Seoul-Busan) Expressway and 2nd West Coast Expressway projects need to shift from private sector financing to state-financing, said Rep. Yi Wan-young of the Saenuri Party.
Citing problems involving private sector financing for expressways, Rep. Yi favored the implementatio…
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Deputy Minister Yoon Tae-yong of the MCST’s Office of Cultural Content Industry.The Ministry of Culture, Sports and Tourism (MCST) is striving to nurture another pillar of Korean content that will accelerate the proliferation of Hallyu (Korea Wave), such as K-pop and K-drama, said Deputy Minister Y…
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The new commissioner of the Fair Trade Commission, Chung Jae-chan, said he will get back to the basics when it comes to the management of the commission by bringing order to the market in order to invigorate the economy.
The new commissioner is a former vice commissioner who left the commission i…
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New Acting President Nam Han-gyu (left) of Kangwon Land poses with former acting president Choi Cheol-gyu as the former took office at Kangwon Land Hotel on March 4 on March 3.Nam Han-gyu, head of the Management Support Division at Kangwon …
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Chairman Lee Jae-yong of Samsung Electronics. (Photo: Samsung Electronics)Samsung Electronics achieved its best-ever performance on a quarterly basis by achieving the 50 trillion won milestone in operating profit in the first quarter of this year.&nb…
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Kim Kyu-young, taking office as a professional manager-turned chairman other than the owner of the group. (Photos: Hyosung)HS Hyosung Group is undergoing changes in its governance structure by appointing Kim Kyu-young, former Hyosung vice chairman, t…
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Hyundai Motor unveils its next-generation electric vehicle, the IONIQ 3, at the 2026 Milano Design Week in Italy, on April 20. On April 20, Hyundai Motor unveiled the IONIQ 3, a next-generation electric vehicle designed to accelerate its transit…
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