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Park Jong-hum, director general for logistics policy at the Ministry of Land, Transport and Maritime AffairsBusan Port has joined the top five cargo ports that have all surpassed 15 million TEUs following Hong Kong, Singapore, Shanghai, and Shenzhen.“The government plans to implement diverse p…
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President Lee Myung-bak speaks at an emergency economic ministers’ meeting at the Korea Finance Corp. headquarters in Seoul as Minister of Strategy and Finance Bahk Jae-wan looks on. The government decided to set up a $500 million fund supporting Korean contractors’ activities in the Mideast. …
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President Kim Jae-yol, in charge of overall management planning for Samsung Engineering Co., has been widening his areas of management responsibility recently.Kim was with President Park Ki-seok in a signing ceremony for the company's winning a project to build an NGI plant in Abu Dhabi on Feb. 2 at…
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Korea Expressway Corp. (KEC) said it will execute 60 percent of its 3.2 trillion won budget for construction and expansion of highways around the country in the first half of this year aimed at saving 1.5 trillion won in logistics expenses nationwide and creating 60,000 jobs.The highway construction…
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Environment Vice Minister Yoon Jong-soo explains his ministry 's policies at a meeting with members of the Seoul Foreign Correspondents' Club.About 1,000 environment experts from around the world will assemble at the International Convention Center (ICC) Jeju from Sept. 6-15 to participate in t…
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A view of an iron ores and mineral carrier weighing 400,000 tons, the largest such ship in the world built and launched by Daewoo Shipbuilding and Offshore Co.President Nam Sang-tae of Daewoo Shipbuilding and Offshore Co. said recently that the shipyard signed a contract worth $1.1 billion to build …
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Korea Expressway Corp. (KEC) said it will execute 60 percent of its 3.2 trillion won budget for construction and expansion of highways around the country in the first half of this year aimed at saving 1.5 trillion won in logistics expensesnationwide and creating 60,000 jobs.The highway constru…
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A scene of the signing ceremony on Nov. 5, 2011 for the Petron Refinery Master Plan Phase 2 project in the Philippines as Daelim Industrial wins the project with Vice Chairman Lee Hae-wook and Vice Chairman Charles Y. Kim in attendance.Daelim Industrial Co. saw its operating profit in 2011 ris…
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Chairman Park Sam-koo of Kumho-Asiana Group.President Ki Ock of Kumho Eng-ineering and Construction Co. said strengthening the competitive power of the company will be the most important objective in his mana-gement strategy for this year.The CEO has chosen securing project orders, increased sales, …
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Officials of Samsung Engineering and Gas Corp. of Saudi Arabia pose for a photo session during a signing ceremony for the NGI plant construction project in Abu Dhabi on Feb. 2. President Kim Jae-yol in charge of planning and global strategy, 2nd L, and CEO Park Ki-seok are among the officials.…
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President Hwang Hyun-sik of LG Uplus. (Photos: LG Uplus)LG Uplus announced on Oct. 3 that it is implementing a smartphone drone delivery service for the first time as a carrier. The service is aimed at customers living in island areas where fast…
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SK Telecom displays “Quantum AI Camera” at its pavilion during 2023 Korean Government Expo that took place at the Busan Exhibition and Convention Center, BEXCO from Nov. 23 to Nov. 25. (Photo: SK Telecom)SK Telecom introduced diverse technologies a…
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Officials with SK Telecom repair the 400Gbps wired network at 5G backbone. (Photos: SK Telecom)SK Telecom said on Oct. 10 the telecom service provider commercialized and introduced 400Gbps wired networks. The conventional wired networks transmit…
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An image of the 2023 European Conference on Optical Communications (ECOC 2023) that took place in Glasgow, UK, from Oct. 1 to Oct. 5. (Photo: KT)KT displayed the latest optical communications technologies, such as optical internet parts, terminals an…
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