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President Kang Do-hyung of Korea Institute of Ocean Science and Technology (KIOST). (Photo: KIOST)The Korea Institute of Ocean Science and Technology (KIOST) announced that senior researcher Kang Do-hyung, director of the KIOST Jeju Research Institute, took office as the 11th president of KIOST on F…
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A Pohang City delegation, headed by Pohang Mayor Lee Kang-deok and Pohang City Council Chairman Paek In-gyu, meets with Rich Fitzgerald, Allegheny County executive and Surh Mi-ran, chairman of the Korean Residents’ Association in Pittsburgh. on Jan. 12. (Photo: Pohang City)Pohang is entering a glob…
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President Yoon Suk-yeol presides over a New Year’s business report session from the Ministry of Trade, Industry and Energy and the Ministry of SMEs and Startups at the guest house of Cheong Wa Dae on Dec. 27. (Photo on the courtesy of the Presidential Office)The government has been intensifying eff…
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President Yoon Suk-yeol speaks during business briefing session from the Ministry of Agriculture, Food and Rural Affairs and the Ministry of Oceans and Fisheries at the guest house of Cheong Wa Dae on Jan. 4. (Photos on the courtesy of the Presidential Office)President Yoon Suk-yeol received a busin…
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Gyeongsangbuk-do Gov. Lee Cheol-woo convenes a senior officials’ meeting to look at foreign and Korean cities and provinces’ cases and search for new projects on Jan. 3. (Photos: Gyeongsangbuk-do)Gyeongsangbuk-do Gov. Lee Cheolwoo gives his New Year’s message in which he revealed dramatic polices…
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Chairman Kim Hyun-ki of the Seoul Metropolitan Council presides over the council’s plenary session for the 2022. (Photos: Seoul Metropolitan Council)The Seoul Metropolitan Council gave the nod to the Seoul Metropolitan Government’s 2023 budget bill of 47 trillion won, the largest-ever. The Se…
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President & CEO Yu Jeoung-Yeol of Korea Trade-Investment Promotion Agency (KOTRA).As global digital transformation projects are on the rise, Korean ICT companies have turned to an export model in which they form consortia to explore foreign markets. The Korea Trade-Investment Promotion Agen…
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A whole view of Incheon New Port. Incheon Port Authority (IPA) has finalized major business plans for the year 2023 and vowed to make this year a year of making another leap forward by seeing Incheon port set new records for cargo volumes and shipping routes. Despite difficult business con…
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Chairman Kang Myung-soo of KoreanStandards Association gives his New Year’s message at a ceremony to kick off the 2023 business year. (Photo: KSA)Chairman Kang Myung-soo of Korean Standards Association said, “The New Year is the Year of the Rabbit. Like a rabbit running and climbing a mountain, ou…
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MOLIT Vice Minister Eo Myeong-so, KORASS Chairman Kim Han-young, concurrently chairman of KR, KORAIL President Na Hee-seung and SR President Lee Jong-kook attends the 2023 New Year’s gathering of those in the railway industry at Kim Koo Museum Library in Yongsan-gu, Seoul, on Jan. 11. (Photos: KR)T…
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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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