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Korea has become the first Asian country to be elected to one of the co-chair posts of the Bureau of the OECD Committee on Statistics (CSTAT) for a one-year term this year. The election is expected to represent Korea and Asia’s positions on setting future major agendas. Woo Ki-Jong, Commissio…
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Minister Lee Ju-Ho of the Ministry of Education, Science and Technology (MEST) said, “The nation should change the science & technology administration paradigm from a catch-up model to a creative frontier model and should invest more so that creativity, autonomy and curiosity can be inspired.”…
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The Saenuri Party on April 12 general election rallied around its chief and most likely presidential candidate Park Geun-hye after a dramatic victory. In a press conference, the chief of the conservative ruling party vowed to use the party’s majority status in the single-chamber parliament to …
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Leaders from around the world agreed to submit plans to reduce stockpiles of highly-enriched uranium (HEU) by the end of next year to combat nuclear threats.Heads of state and representatives from 53 countries as well as the heads of four international organizations unilaterally adopted the Seoul co…
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Rep. Choi In-kee, chairman of the Food, Agriculture, Forestry, and Fisheries Committee of the National Assembly.Rep. Choi In-kee, chairman of the Food, Agriculture, Forestry, and Fisheries Committee of the National Assembly, said the government should take measures to prop up the price of cattl…
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Director-General for Aviation Policy Park Myung-sik of the MLTMThe Ministry of Land, Transport and Maritime Affairs (MLTM) plans to make the Incheon International Airport the unrivaled air traffic hub in Northeast Asia under the third expansion project including the construction of a second passenge…
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Rep. Choi In-kee, chairman of the Food, Agriculture, Forestry, and Fisheries Committee of the National Assembly, said the government should take measures to prop up the price of cattle before it falls any further and becomes a full-blown crisis.The legislator said the steep fall in the price of dome…
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As general and presidential elections are slated for this year, political circles on both sides of the aisle are scrambling to appeal to voters with a flood of populist election campaign pledges.Despite these moves, Minister of Strategy and Finance Bahk Jaewan said, "The government is striving to ac…
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Our magazine's March issue will carry a special report on the 2012 Seoul Nuclear Security Summit, to be held in Seoul from March 26-27. The 2012 Seoul Nuclear Security Summit will coincide with 2012 Seoul Nuclear Industry Summit, to be held in the Grand Intercontinental Hotel in Seoul from March 23-…
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(1st) President Lee Myung-bak shakes hands with Turkish President Abdullah Gul after signing a bilateral strategic partnership pact with Turkey on Feb. 6.(2nd)President Lee Myung-bak and Qatar Emir Sheikh Hamad bin Khalifa Al Thani hold a Korea-Qatar extended summit meeting on Feb. 9. …
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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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