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…

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…

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…

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…

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 …

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…

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…

 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…

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…