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The Ministry of Culture, Sports and Tourism is on its way to making the tourism industry a high value-added fusion industry that will create jobs and be a future growth engine for Korea, based on the decision made at the first Tourism Promotion Meeting held at Cheong Wa Dae, the presidential mansion…
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2nd Vice Minister Yoon Jong-lok of the Ministry of Science, ICT & Future Planning (MSIP) (photo: MSIPThe Park Geun-hye government attaches top policy priority to building the creative economy and creating jobs.
“The Ministry of Science, ICT & Future Planning (M…
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Unification Ministry spokesman Kim Hyung-seok announces South and North Koreas’ agreeing to the reopening of the Gaeseong Industrial Complex in North Korea, shut down by North Korea unilaterally. (photos:MOU) South and North Korea agreed on Aug. 14 to normalize the Gaeseong In…
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Dir. Gen. Kwon Byung-yoon of the Road Bureau at the Ministry of Land, Infrastructure and Transport. The Ministry of Land, Infrastructure and Transport (MOLIT) is seeking to introduce the next-generation Cooperative-ITS, designed to optimize road utilization and dramatically reduce traffic…
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A view of the Smart Geospatial Expo 2012.(photos: MOLIT) The global spatial information market, whose size was estimated at 89 trillion won in 2010 with an annual average growth rate of 11 percent, is an up-and-coming “blue-ocean” market forecast to surge to 150 trillion won by 2015.
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Lee Byung-rae, director general of financial services at the Financial Services Commission (FSC). (photo: FSC) From now on, financial companies will be required to separate their companywide business network and internet network. Thirty-six financial institutions with more than…
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Administrator Siheon Seong of the Korea Agency for Technology and Standards (KATS)"We’re stepping up our efforts to reinforce organizational capacity so that Korea can develop into a global powerhouse of standards. To that end, we are spearheading Korea’s international standardization and str…
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A gold exchange will be opened at the Korea Exchange (KRX) in the first quarter of 2014.(photo:KRX) The Financial Services Commission (FSC) said a gold exchange will be opened at the Korea Exchange (KRX) in the first quarter of 2014 so that spot gold can be traded like listed stock…
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President Park Geun-hye shakes hands with Chinese President Xi Jinping as they meet for summit talks at the Great Hall of the People in Beijing on June 27 during the Korean president’s state visit to China. (Photos:Cheong Wa Dae) The state visit to China from June 27-30 …
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Minister of Health & Welfare Chin Young announces plans to expand the medical insurance coverage of patients suffering from four major illnesses on June 26.
Medical treatment and medication for patients suffering from four major illnesses will be covered by the National Health…
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Oh Se-chul, president and CEO of Samsung C&T, shakes hands with Mavi Zingoni, CEO of GE Vernova’s Power business, at a ceremony to strike a strategic alliance framework agreement in Stockholm, Sweden, on Oct. 6. (Photos: Samsung C&T)Samsung …
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President Song Chi-young of POSCO E&C visits the site of an industrial disaster and holds a fourth on-site companywide management meeting on Oct. 23. (Photo: POSCO E&C)POSCO E&C announced on Oct. 26 that it held four On-Site Company-Wide …
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“Global Construction Partnership Forum” took place on the sideline of the Global Infrastructure Cooperation Conference 2025 at Westin Seoul Parnas Hotel in Samseong-dong, Seoul, on Sept. 17. Participants, including Vice Minister of Land, Infrastruc…
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Minister Kim Yoon-duk of the Ministry of Land, Infrastructure and Transport (MOLIT) delivers a speech at a ceremony to celebrate the 2025 anniversary of Construction Day at the Construction.Chmn. Han Seung-goo of the Federation of Construction Associ…
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