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The Ministry of Land, Transport and Maritime Affairs (MLTM) has announced the launch of studies on mass producing biohydrogen using ‘extremophile’ microbes living in deep-sea vents.A ceremony to dedicate a plant to conduct experiments based on the outcomes of studies on marine biomass hydrogen too…
Seo Yu-Yeol, president in charge of KT’s Home Business Group said, “The year 2012 will mark a watershed for implementing full-fledged smart home projects and achieve an operating profit turnaround.” The following are excerpts from a written interview between NewsWorld and President Seo in which h…
Korea will diversify wheat, corn and other grain import sources to Brazil, Switzerland, and Ukraine in order to purchase imports at cheaper prices, said Kim Jae-soo, president of the Korea Agro-Fisheries & Food Trade Corporation, better known as the aT . “Through our organizational channel…
KT Corp. Chairman Lee Suk-chae declared his company’s new vision of becoming a global media distributor selling virtual goods.Lee unveiled the vision for the second phase of KT’s “olleh” management, named after a company brand, at a news conference on March 19. He was recently given the green li…
Doosan Corp. Chairman Park Yong-man, Hyosung Corp. President Jung Yun-taek, and Samil Spinning Co. Chairman Ro Hee-chan were awarded the Order of Industrial Service Merit, Gold Tower, at the Commerce Day anniversary ceremony in Seoul on March 21.The three were among 247 people who won orders and oth…
The National Science & Technology Commission (NSTC) is seeking to restructure government-supported research institutes (GRIs) in order to boost information exchange and convergence study by tearing down their barriers.“Korea is on the threshold of becoming an advanced economy. Now is the time (…
In an era of convergence, an individual technology is less significant, but convergence technologies do matter, and manpower and policy need to be complemented with each other ,” said Park Sang-Dai, president of the Korean Federation of Science and Technology Societies (KOFST). “We’re now ba…
LG U+ Vice Chairman Lee Sang-chulLG U+ Vice Chairman Lee Sang-chul said one of the 2012 national buzzwords would be "sharing," saying, "The demand for sharing in all segments of society is getting stronger, so unless the demand is fully met, politics, companies or what else can be isolated by people…
KT Chairman Lee Suk-chae announces a plan to introduce a full-fledged 4G Long Term Evolution (LTE) service across the nation. (right, above) Models show off the latest LTE handset versions.KT Corp. will launch a full-fledged 4G (Fourth Generation) LTE (Long Term Evolution) service, adopting a new co…
Choi Jae-you, assistant chairman of the Broadcasting and Communications Convergence Policy Office at the Korea Communications Commission (KCC)The Korea Communications Commission (KCC) has put forth its fullest efforts to ramp up the competitiveness of the Korean smart TV industry, assist in the soli…
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Business/Company
동아제약(대표이사 사장 최호진)은 지난 7일 제22회 동아제약 대학생 국토대장정 행진 10일째를 맞아 강원도 삼척시 일대에서 ‘부모님과의 만남’ 행사를 개최했다고 8일 밝혔다.부모님과의 만남 행사는 참가 대원의 가족을 초청해 초반의 어려움을 이겨낸 대원들을 응…
A view of the rolls of hot-rolled steel produced by POSCO.(Photo: POSCO)POSCO and Hyundai Steel may be able to ship their steel products to the U.S. under the same tax scheme as before the U.S. dropped its tariff bombs on foreign steel imports three …
LSIS Chairman Koo Ja-kyun signs a deal on project to build a photovoltaic power plant connected with energy storage system in Yeongam County with Chairman Suh Ki-sup of Daemyoung Energy, at Deamyoung Energy headquarters in Yangjae-dong, Seoul, on Jun…
POSCO Chairman Choi Jeong-woo speaks at the 17th POSCO Idea Marketplace & Strategic Venture Fund Signing Ceremony at the POSCO Center in Seoul on May 21.POSCO plans to plunk down on 1 trillion won to foster venture companies over the next six yea…


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