MOTIE Minister Yoon Sang-jick presided over the 59th Session of the FEZ Committee on July 3.Free economic zones (FEZs) are expected to face a massive restructuring in which underdeveloped districts will be phased out. On the other hand, regulations on development within the FEZs will be dramaticall…

First Vice Minister Kim Jae-hong of the Ministry of Trade, Industry and Energy and representatives of foreign business firms, international organizations,  and educational organizations with offices in the Incheon Free Economic Zone pose for a photo session on May 22 at the meeting he…

Vice Minister Son Jae hak of the Ministry of Oceans and FisheriesThe revived Ministry of Oceans and Fisheries (MOF) is pondering what new growth engines it should pursue consistent with the national policy goal of building the creative economy. MOF Vice Minister Son Jae hak, in his interview with N…

CEOs of large- and small-sized companies from the Korean semiconductor and display industries have agreed to pursue shared growth at a ceremony at the Eltower in Yangjae-dong, southeastern Seoul, on July 4. (photo: MOTIE) The Korean semiconductor and display industry communities have begun…

Ulsan Mayor Bak Maeng-woo. The Ulsan Metropolitan City government has been awarded the Presidential Award on Sustainable Development of the 2013 Global Green Management Excellence Award in recognition for its pursuit of sustainable development and lessening the city’s effects from industrializ…

Participants at the 23rs Int’l Technical Conference on the Enhanced Safety of Vehicles held in Seoul on May 27-30 including Minister Suh Seoung-hwan of the Ministry of Land, Infrastructure and Transport, 4th R,  are line up for a photo session.(Photos on courtesy of MLIT)  …

  President Park Geun-hye speaks at a ceremony to declare the Park government’s vision on June 19.[Photos on courtesy of MCST]  President Park Geun-hye, marking 100 days in office on June 4, has seen her job approval rating rise to 65 percent, up from 53.7 percent on March …

Minister Yoo Jin-ryong of the Ministry of Culture, Sports and Tourism, 4th R, presides over a meeting of representatives of 15 major hotels in Korea on June 4 to improve hotel services to expand the number of foreign tourists to Korea. (photo courtesy of MCST)   Minister Yoo Jin-…

Rep. Min Byung-joo of the Saenuri Party and others participants in a seminar at the National Assembly on June 4 during which they pledged to devote themselves to creating an environment for R&D activities for state-funded research institutes for building the “creative economy.” …