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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¡¦
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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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Nongshim CEO Jo Yong-chul makes a presentation on the success of Shin Ramyun at Lotte Hotel in Seoul on May 13. (Photos: Nongshim)Nongshim announced on May 13 that cumulative sales of Shin Ramyun, which marks its 40th anniversary this year, surpassed¡¦
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Chairman Cho Won-tae of Hanjin Group. Korean Air has gotten a lot of ¡°love¡± from financial markets, in particular for the brainchild of the merger, Chairman Cho Won-tae of Hanjin Group. The historic M&A with Asiana Airlines is evaluat¡¦
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A view of Samsung Electronics Suwon Digital City. (Photo: Samsung Electronics)Labor and management of Samsung Electronics reached a tentative agreement on incentives at the last minute on May 20, averting a strike one and half hours before the deadli¡¦
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Hyundai Motor Vice Chair Chang Jae-hoon (right) poses for a photo with Vice Minister of Trade, Industry and Resources Moon Shin-hak at the 23rd Automobile Day Event on May 12.Hyundai Motor Group Vice Chair Chang Jae-hoon won the Gold Tower Order of I¡¦
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