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The 17th Ocean Day anniversary event took place at the Korean Pavilion of Expo 2012 Yeosu on May 31.Approximately 1,000 people attend the anniversary event held under the theme “Our Sea Meets the World.” Among those on hand were Prime Minister Kim Hwang-sik; Minister of Land, Transport and Maritim…
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Approximately 1,500 people from governments, international organizations, NGOs, business, and marine experts in East Asia will assemble in Changwon, Korea, to participate in the East Asian Seas (EAS) Congress 2012.The EAS Congress is a pioneering region-wide platform for capacity building, strategic…
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Representatives from 190 countries assembled in Rio de Janeiro, Brazil, for the Rio+20 Summit, also known as the United Nations Conference on Sustainable Development from June 20-22. President Lee Myung-bak, Foreign Minister Kim Sung-hwan, Ministry of Strategy and Finance Minister Bahk Jae-wan, and …
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Korea Radwaste Management Corp. (KRMC) is engaged in active corporate culture innovation under the leadership of KRMC President Song Myung-jae. As traditional music sounded through the public address system of the KRMC head office in Gyeongju City at 5 p.m. on April 30, hard-working KRMC staff …
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Korea Electrical Safety Corp. (KESCO) has turned to long-term efforts to realize its new safety management system of taking preventive measures to ensure sustainable growth, shifting from the hitherto post-disaster management regime of restoration. KESCO is also striving to make inroads into th…
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Chief Joo Young-jin of the National Assembly Budget Office led a delegation from his office to the 4th Meeting of OECD Parliamentary Budget Officials in Paris, France, as well as visited Spain from Feb. 22 to March 2. Members of the delegation learned about the execution of parliamentary budget…
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The government plans to open the operation of the high-speed KTX railway to the private sector to lower prices and enhance services,” said Kwon, Do-Youp, Minister of Land, Transport and Maritime Affairs (MLTM). “It has nothing to do with the restructuring of ownership, such as nationalization…
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The two countries agree to work together in the area of human resources developmentPresident Lee Myung-bak made a historic visit to Myanmar and held talks with Myanmar President Thein Sein in the Myanmar capital of Nay Pyi Taw on May 14. The trip is the first state visit by a South Korean presi…
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The leaders of South Korea, China, and Japan signed a trilateral investment guarantee treaty while reaching agreement to make preparations for the launch of negotiations on a three-way free trade agreement within this year during their talks in Beijing on May 14.South Korean President Lee Myung-bak,…
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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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CEO Hur Sae-hong of GS Caltex talks with GS Caltex staff members at GS Tower in Gangnam-gu, Seoul. (Photo: GS Caltex)GS Holdings said in an electronic notice released on May 13 that the holding company of GS Group posted 6,842.4 billion won in revenu…
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CEO Anwar A. Al-Hejazi of S-OIL. (Photos: S-OIL)S-OIL chalked up more than 1.2 trillion won in operating profit on the back of inventory profit, caused by crude oil price hikes for the first quarter of this year, in results that surprised analysts.Pr…
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Chairman Chang Sae-joo of Dongkuk Steel Group. (Photos: Dongkuk Steel Group)Dongkuk Steel announced on April 24 that it posted sales of 857.2 billion won, an operating profit of 21.4 billion won, and a net profit of 6.2 billion won in the first quart…
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Chairman Park Gee-won of Doosan Enerbility. (Photos: Doosan Enerbility)Doosan Enerbility said on April 23 that major Doosan Enerbility executives, including Chmn. Park Gee-won, embarked on efforts to promote cooperation to participate in a new power …
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