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The Ministry for Food, Agriculture, Forestry and Fisheries (MIFAFF) is going ahead with an ambitious scheme to create a National Food Cluster, “Foodpolis”, in an area of 2.32 million square meters in Iksan, Jeollabuk-do by 2015.Foodpolis which is similar to California’s Silicon Valley for IT, wil…
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P resident Lee Myung-bak attended a reception hosted by the Korea Chamber of Commerce and Industry on Oct. 30 to celebrate the Green Climate Fund (GCF) decision to locate its head office in Songdo, Incheon, Korea’s selection to be a director nation of the U.N. Security Council, the launching of the…
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The Saenuri Party's candidate Park Geun-hye will square off against opposition Democratic Unified Party candidate Moon Jae-in in the upcoming Dec. 19 presidential election, as independent candidate Ahn Cheol-soo quit the race on Nov. 23. He told a news conference he decided to quit the race after la…
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Joseph Ho, managing director and head of exchange-traded funds (ETFs) for the Asia-Pacific region at Credit Suisse, said despite a rush of leverage and inverse ETFs, it is positive for the Korean ETF market to successfully attract investors with a rise in fluidity, but market access needs to be upgr…
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The Exchange Traded Fund (ETF) market celebrates the 10th year since its launching in October 2002 at the Korea Exchange, providing a stable demand base and low-cost dispersed investment means for investors, President and COO Kim Jin-gyu of the KOSPI Market Division at the Korea Exchange said …
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The government has steps in place to advance Korean logistics firms into global top 10 companies by 2020. In this regard, the Ministry of Land, Transport and Maritime Affairs (MLTM) has designated six companies °™Pantos Logistics, CJ GLS, Sinokor Merchant Marine Co., Hanjin, Hyundai Glovis, and Hy…
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Some weeks ahead of the presidential election in Dec. 19, a controversy is flaring up over the much-touted bid toward “democratization of economy.” Major candidates use the motto to woo support from voters in the run-up to the presidential poll.Rep. Moon Jae-in of the opposition Democratic U…
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The following is a congratulatory message contributed to NewsWorld by the Ambassador of the Kingdom of Saudi Arabia H.E. Ahmad Y. Al-Barrak on the occasion of the 82nd National Day of the Kingdom of Saudi Arabia °™ Ed.The 82nd celebration of the National Day of the Kingdom of Saudi Arabia fo…
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The Seoul Metropolitan Government (SMG) plans to draw up a long-term master plan to make Seoul safer from natural disasters and sexual attacks. The SMG has decided to draw up a master plan for preventing the occurrence of all accidents ranging from natural disasters to guard rail falls and safe…
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Dir.-Gen Koo Bon-hwan of Railroad Policy of the Ministry of Land, Transport and Maritime Affairs (MLTM) said the introduction of free competition in the railroad industry in Korea is a “must needed” policy to boost the competitive strength of the industry, breaking down the monopoly in the r…
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AbTis, a subsidiary of Dong-A ST, has been awarded with the Korean “ARPA-H Project.” A researcher with AbTis is engaged in research. (Photo: Dong-A ST)AbTis, a core subsidiary of Dong-A ST, is setting its sights on space. Industry sources said…
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종근당고촌재단(이사장 정재정)은 2월 28일 서울 충정로 종근당 본사에서 ‘2025년도 장학증서 수여식’을 가졌다.종근당고촌재단은 올해 신규로 선발된 116명을 포함한 장학생 409명에게 졸업 때까지 장학금 및 무상기숙사를 지원한다. 선발된 장학생 중 174명에…
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종근당(대표 김영주)은 최근 GC녹십자와 호중구감소증 치료제 ‘뉴라펙(성분명 페그테오그라스팀)’의 공동판매를 위한 파트너십 협약을 체결했다고 2월 26일 밝혔다.이번 협약으로 종근당은 뉴라펙의 독점적인 유통 권한을 보유하게 되며, GC녹십자와 공동으로 국내 영…
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Chairman Lee Jang-han of Chong Kun Dang Holdings Corp.In his New Year’s message, issued on Jan. 2, Chmn. Lee Jang-han of Chong Kun Dang Holdings Corp. said, “We have to make this a year of establishing realistic strategies and executing them with t…
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