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Samsung Group’s new Corporate Strategy Office Chief Choi Gee-sung is seeking to spread Samsung Electronics’ “success DNA” - globalization mindset - to the group’s subsidiaries, business sources said.Samsung Electronics CEO and Vice Chairman has been promoted to head the group’s Corporate Strat…
The Ministry of Strategy and Finance (MOSF) and the American Chamber of Commerce Korea jointly held the KOR-US FTA Utilization Seminar at the Lotte Hotel in downtown Seoul on May 3. The event was attended by over 400 key leaders from both sides including Vice Minister Kim Dong-yon of the MOSF and Ch…
President Lee Myung-bak delivers a congratulatory speech at a ceremony for KOTRA's 50th anniversary on June 5 at the Korea Journalism Foundation building in Seoul.Korea Trade-Investment Promotion Agency (KOTRA), a major player in the promotion of Korea’s exports, celebrated its 50th anniversary on …
High 1 Resort, aiming at being Asia’s top four-season, family resort destination, will host the 48th FIS Congress 2012, the first Asian venue for the international meeting.Roughly 1,000 delegates from all 110 FIS (Federation de International Ski) member countries will make their way to the Kangwonl…
President Shin Woo-sung of Korea BASF Co., a wholly-owned subsidiary of BASF Co. of Germany, a global chemical concern, said Korea is such a small country that a substantial portion of products made in the country have to be exported and despite such a vital handicap, Korea’s technologies are in ma…
Samyang Business Group is striving to reshape itself into a global R&D innovation corporation, particularly in pharmaceuticals and bio sectors. The business group plans to establish an R&D center in the new satellite city of Pangyo, Seongnam, Gyeonggi Province, by 2014 with an investmen…
Kia Motors’ K9 has made its debut in Korea, making the market for domestic premium cars a hotly contested one. The nation’s second largest automaker held a ceremony to launch the K9 sedan at the Seoul Grand Hyatt Hotel on May 2. Among the more than 100 people on hand at the ceremony were Hyun…
Doosan Corp. CEO Park Yong-man took office as the chairman of the Doosan Business Group at an inauguration ceremony in Seoul on April 2, taking over the leadership from Chairman Park Yong-hyun. In his inaugural speech at the Doosan Leadership Institute in Gil-dong, Gangdong-gu, the new Doosan G…
SK Group has jumped into the race to take over Elpida Semiconductor Co. in Japan, which has been looking for a new owner since its bankruptcy last year.SK Hynix Semiconductor submitted its intention to join the bidding for the bankrupt Japanese chipmaker on March 30, in competition with a number of …
  Vice Chairman Suh Seung-hwa of Hankook Tire Co.Hankook Tire has been named the top company in the National Brand Competitiveness Index compiled by the Korea Productivity Center for four years in a row.The tire maker won the top spot in such areas as marketing activities, brand-name recog…
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Policy/Politics
Gov. Choe Heung-sik of the Financial Supervisory Service.(FSS)(Photo: FSS)Gov. Choe Heung-sik of the Financial Supervisory Service (FSS) stressed at his inaugural ceremony on Sept. 11 that the Financial Supervisory Service will perform its services c…
Dir.-Gen. Sohn Myung-soo of the Railway Bureau of the Ministry of Land, Infrastructure and Transport. Director-General Sohn Myung-soo of the Railway Bureau of the Ministry of Land, Infrastructure and Transport said in a recent written interview with…
The Operation Center of the Incheon Free Economic Zone (IFEZ) has been selected as the winner of the SCAPA 2017, the 3rd rendition of awards, in August.Commissioner Kim Jin-yong of the Incheon Free Economic Zone. The IFEZ Integrated Smart City Opera…
Administrator Park Chun-sup of the Public Procurement Service (PPS) delivers his inaugural speech as he took office as the first administrator of the President Moon Jae-in government on July 24.A view of new PPS Administrator Park Chun-sup’s inaugur…


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