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Policy/Politics
The government has announced a strategic plan to proliferate IT convergence to automobiles and four other key industries as well as food, education and three other service industries that will have a production induction effect of 46 trillion won and will create 230,000 jobs by 2017.Kim Jae-hong, de¡¦
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¡¦
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¡¦
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¡¦
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¡¦
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¡¦
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¡¦
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¡¦
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. ¡¦
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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Economy/Finance
Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group joined the trend of logging record-breaking first-quarter earnings, achieving its highest performance since its merger with Korea Exchange Bank (KEB) wi¡¦
Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group logged an all-time high net profit of about 1.9 trillion won in the first quarter of this year, driven by improved outcomes in the non-banking sector. K¡¦
KODIT CEO Kang Seung-jun (fifth from the left) poses for a photo with participants in the NEST AI-Lab Launch Ceremony on May 8. (Photo: KODIT)Korea Credit Guarantee Fund (KODIT) announced on May 11 that it held a launch ceremony for NEST AI-Lab at NE¡¦
Shinhan Bank President Jung Sang-hyuk poses for a photo with officials of FTP Corp. in Hanoi,Vietnam. (Photo: Shinhan Bank)Shinhan Bank announced on April 27 that it signed business agreements with major local financial and industrial institutions by¡¦


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