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Chairman Shin Je-yoon of the Financial Services Commission. The government will kick off a plan to overhaul the financial transaction system to turn it into an advanced one like those found in advanced nations based on a New Vision that Chairman Shin Je-yoon of the Financial Services Com…
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Kim Kyung-wook, Director General of the Railroad Bureau at the Ministry of Land, Infrastructure and Transport (MOLIT) "We continue to expand the KTX lines and make the existing railway networks high-speed ones with the goal of reaching anywhere in the nation within one-and-a-h…
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Korea Rail Network Authority (KR) President and CEO Kim Kwang-jae (photo: KR) Korea Rail Network Authority (KR) President and CEO Kim Kwang-jae said he would make all possible efforts to lead the state-run organization toward a leap forward.
“We will focus on providing a sa…
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Woo Tae-hee, assistant minister of the Office of FTA Negotiations at the Ministry of Trade, Industry and Energy, explains the results of phase one negotiations on a free trade agreement between Korea and China on Sept. 6.
South Korea and China have wrapped up phase one negotia…
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The following are excerpts of a written interview between NewsWorld and Rep. Sim Hag-bong, of the Saenuri Party’s Gumi-gap, who serves as a member of the National Assembly Trade, Industry and Energy Committee, in which he spoke of his legislative activities and political philosophy and conviction…
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Rep. Kim Hee-jung of the ruling Saenuri Party hosted a symposium on how to address the additional emotional injuries inflicted on sexual abuse victims at the National Assembly Parliamentarians’ Hall on Sept. 29.Bae Sung-min, director of the Incheon Sunflower Center; Kong Jung-shik, director of Kore…
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President Park Geun-hye delivers her commemorative address at the Liberation Day anniversary event at the Sejong Center for the Performing Arts in central Seoul on Aug. 15. President Park Geun-hye’s proposal for resuming reunions for estranged families between South and North Korea …
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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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New Acting President Nam Han-gyu (left) of Kangwon Land poses with former acting president Choi Cheol-gyu as the former took office at Kangwon Land Hotel on March 4 on March 3.Nam Han-gyu, head of the Management Support Division at Kangwon …
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Chairman Lee Jae-yong of Samsung Electronics. (Photo: Samsung Electronics)Samsung Electronics achieved its best-ever performance on a quarterly basis by achieving the 50 trillion won milestone in operating profit in the first quarter of this year.&nb…
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Hyundai Motor unveils its next-generation electric vehicle, the IONIQ 3, at the 2026 Milano Design Week in Italy, on April 20. On April 20, Hyundai Motor unveiled the IONIQ 3, a next-generation electric vehicle designed to accelerate its transit…
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Kim Kyu-young, taking office as a professional manager-turned chairman other than the owner of the group. (Photos: Hyosung)HS Hyosung Group is undergoing changes in its governance structure by appointing Kim Kyu-young, former Hyosung vice chairman, t…
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