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The National Treasury Research Forum, co-chaired by Rep. Na Seong-lin of the ruling Saenuri Party and Rep. Lee Yong-sup of the opposition Democratic United Party, was held on Sept. 12 under the theme, “The Derivatives Transaction Tax Impact on Capital Market and Treasury Income,” attracting some 3…
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Korea is seeking to inaugurate Gite Korea, the Korean version of Gites de France, designed to make available Korea’s rural villages, houses, classic Korean cottages, and houses with gardens on the outskirts of cities for tourists’ stay.Rep. Kim Kwang-lim of the ruling Saenuri Party, hailing from A…
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Entrepreneur-turned-professor Ahn Cheol-soo has officially thrown his hat into the ring, making the upcoming Dec. 19 presidential election a three-way race with the ruling Saenuri Party’s Park Geun-hye and opposition Democratic United Party (DUP)’s Moon Jae-in. Ahn declared in a news conference in…
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The Seoul National University’ s Advanced Center for Administrative Development Alumni (SNU-ACADA) hosted this year’ s fourth breakfast forum on state affairs at the Lotte Hotel in downtown Seoul on June 9 in which Japanese Ambassador to Korea Masatoshi Muto lectured. The forum was the latest part…
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D irector-General Park Min-woo for construction policy at the Ministry of Land, Transport and Maritime Affairs said in an interview with NewsWorld, “The government strategies to help Korean builders explore new construction markets overseas including Central and South America, Central A…
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During the 1997 Asian Financial Crisis, the Korea Deposit Insurance Corp. (KDIC)’s adoption of blanket coverage restored the public’ s confidence in the financial system. The integration of deposit insurers which has previously been scattered in different financial sectors into one organization en…
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Dir.-Gen. Choi Sang-mok of the Economic Policy Bureau at the Ministry of Strategy and Finance said in an interview with NewsWorld, “The government plans to pursue the thorough management of economic risks and build stability into each sector in times of a prolonged and constant crisis from a big-pi…
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Question: One hundred days have passed since you took office as the PPS administrator. How do you feel?Answer: I once thought of PPS as just a government agency for procuring goods and services the government and public organizations need. I, after 100 days in office as PPS administrator as of Aug. …
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The ruling Saenuri Party has elected Rep. Park Geun-hye, 60, ex-Saenuri Party Emergency Committee chairperson, as its nominee to run for the Dec. 19 presidential election.The five-term lawmaker won a landslide victory in the party primary at KINTEX in Ilsan, north of Seoul, by garnering a tremendous…
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ayor Jin Ik-chul of Seocho City in Seoul, who is in the second year of his four-year term, said the major aim of his administration of the city is to further improve the city’s pleasant surroundings and uphold Seocho’s glory in order to retain the top honors in the Happiness Index among the 25 dis…
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President Baek Jong-hoon of Kumho Petrochemical, Yeosu Mayor Chung Ki-myung and other dignitaries cut the tap at a ceremony to dedicate a CCUS facility at the first lubber plant of Kumho Petrochemical in the Yeosu National Industrial Complex last Jul…
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President Kim Dong-cheol of Korea Electric Power Corp. (KEPCO) gives a welcoming speech at a ceremony to open “KEPCO Pavilion” at CES 2026 in Las Vegas, the United States, which took place form Jan. 6 to Jan. 9. (Photo: KEPCO) President Kim Do…
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A whole inside view of Korea Power Exchange’s Central Power Control Center. (Photo: KPX)Korea Power Exchange (KPX) plans to launch a “quasi-centrally scheduled load system” in which renewable energies and virtual power plants are used as scheduled…
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Chmn. Park Jeong-won of Doosan Business Group makes an inspection into the worksite of Doosan Enerbility in Changwon, Gyeongsangnam-do, on Feb. 11. (Photo: Doosan Group)In his New Year’s message, Chairman Park Jeong-won of Doosan Group urged his bus…
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