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The Ministry of Knowledge Economy (MKE) has come up with a plan to pitch in for the commercializing of new business models so that they can create business opportunities amid upheavals in the conditions of the global market.Director General Jung Yang-ho, in charge of technology policy at the MKE, sa…
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Korea has become the first Asian country to be elected to one of the co-chair posts of the Bureau of the OECD Committee on Statistics (CSTAT) for a one-year term this year. The election is expected to represent Korea and Asia’s positions on setting future major agendas. Woo Ki-Jong, Commissio…
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Minister Lee Ju-Ho of the Ministry of Education, Science and Technology (MEST) said, “The nation should change the science & technology administration paradigm from a catch-up model to a creative frontier model and should invest more so that creativity, autonomy and curiosity can be inspired.”…
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The Saenuri Party on April 12 general election rallied around its chief and most likely presidential candidate Park Geun-hye after a dramatic victory. In a press conference, the chief of the conservative ruling party vowed to use the party’s majority status in the single-chamber parliament to …
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Leaders from around the world agreed to submit plans to reduce stockpiles of highly-enriched uranium (HEU) by the end of next year to combat nuclear threats.Heads of state and representatives from 53 countries as well as the heads of four international organizations unilaterally adopted the Seoul co…
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Rep. Choi In-kee, chairman of the Food, Agriculture, Forestry, and Fisheries Committee of the National Assembly.Rep. Choi In-kee, chairman of the Food, Agriculture, Forestry, and Fisheries Committee of the National Assembly, said the government should take measures to prop up the price of cattl…
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Director-General for Aviation Policy Park Myung-sik of the MLTMThe Ministry of Land, Transport and Maritime Affairs (MLTM) plans to make the Incheon International Airport the unrivaled air traffic hub in Northeast Asia under the third expansion project including the construction of a second passenge…
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Rep. Choi In-kee, chairman of the Food, Agriculture, Forestry, and Fisheries Committee of the National Assembly, said the government should take measures to prop up the price of cattle before it falls any further and becomes a full-blown crisis.The legislator said the steep fall in the price of dome…
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As general and presidential elections are slated for this year, political circles on both sides of the aisle are scrambling to appeal to voters with a flood of populist election campaign pledges.Despite these moves, Minister of Strategy and Finance Bahk Jaewan said, "The government is striving to ac…
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Our magazine's March issue will carry a special report on the 2012 Seoul Nuclear Security Summit, to be held in Seoul from March 26-27. The 2012 Seoul Nuclear Security Summit will coincide with 2012 Seoul Nuclear Industry Summit, to be held in the Grand Intercontinental Hotel in Seoul from March 23-…
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Chairman Kim Ki-moon of Korea Federation of Small and Medium Business (KBIZ) poses with President & CEO Mohammad Ali Rashed Lootah of Dubai Chambers after they discussed ways of promoting exchanges and cooperation at Dubai Chambers on Feb. 7. (Ph…
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Amorepacific Group logged 4,259.9 billion won in sales and 249.3 billion won in operating profit last year. The figures represent a 5.9 percent year-on-year rise and a 64 percent year-on-year jump compared to 2023. The high growth rate of t…
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A view of the redesigned Genesis GV60 whose sale was launched in Korea on March 6. (Photo: Hyundai Motor)Sales of the redesigned Genesis GV60 in Korea started on March 6, showcasing more power and state-of-the-art luxury features.It’s the first time…
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A view of “Bibigo Yugjeubgadeug Mandu,” stuffed with chunks of meat and vegetables, and products of the instant rice brand “Hetbahn Sotbahn,” released by CJ Cheiljedang. (Photos: CJ Cheiljedang)CJ Cheiljedang released “Bibigo Yugjeubgadeug Mandu…
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