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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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Senior Executive Managing Director Hwang Youn-ha of the Korea Federation of Small and Medium Business(Photo:KFSMB)
Senior Executive Managing Director Hwang Youn-ha of the Korea Federation of Small and Medium Business, said the Yellow Umbrella Deduction System has been of great help to the financial…
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Governor Zhin Woong-seob of the Financial Supervisory Service (FSS) is officially installed at an inaugural ceremony.(Photo:FSS)
The new governor of the Financial Supervisory Service, Zhin Woong-seob, said at a ceremony in Yeouido, Seoul, that he will focus on the prevention of financial crim…
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Chairman Baek Soo-hyun of Korean Standards Association.(Photo:KSA)
The 40th Korea National Quality Award Convention took place at the COEX Auditorium in southeastern Seoul on Nov. 11 to evaluate quality management practices of the industrial community and to renew their determination to ensure glob…
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Speaker Chung Ui-hwa of the National Assembly is about to open the plenary session of the National Assembly on Oct.2 in Yeouido, Seoul.By Oh Chung-sookSpeaker Chung Ui-hwa of the National Assembly has played a key role in bringing the opposition parties led by the New Politics Alliance for Democracy…
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Rep. Lee Hyun-jae, chairman of the National Assembly Public Enterprise Reform Subcommittee.By Oh Chung-sookThe Economic Reform Special Committee’s Public Enterprise Reform Subcommittee chaired by Rep. Lee Hyun-jae held on Sept. 19 a public hearing on the subject of reforming the public enterp…
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Chairman & CEO Shin Chang-jae of Kyobo Life Insurance. (Photos: Kyobo Life Insurance)Kyobo Life announced on Aug. 7 that a complex underwriting rider included in Kyobo K-Customized Health Insurance (non-participating, complex underwriting type) a…
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Chairman Kim Chul-ju of the Korea Life Insurance Association (KLIA). (Photo: KLIA)From now on, customers will no longer need to personally obtain and submit a family relationship certificate during the processes of signing up for insurance policies, …
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Hwang Ki-yeon, president of Korea Eximbank, pose with Bill Gates, founder of next-generation nuclear power company TerraPower on Aug. 14. (Photo: Korea Eximbank)Hwang Ki-yeon, president of the Export-Import Bank of Korea (Korea Eximbank), met with Bi…
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Chairman Yang Jong-hee of KB Financial Group. (Photo: KB Financial Group)KB Financial Group’s net profit for the first half of 2026 stood at 3.8846 trillion won, an increase of 13.1% compared to the same period of 2025. Its ROE was 14.09%. Desp…
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