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Business/Company
Lotte Group Chairman Shin Dong-binLotte Group Chairman Shin Dong-bin unveiled a plan to raise its annual investments by 40 percent in a meeting with reporters following a New Year meeting of businessmen at the Korea Chamber of Commerce & Industry (KCCI) on Jan. 5.Later, the group officially anno…
Hyundai Motor Group Chairman Chung Mong-kooHyundai Motor Group will invest 14.1 trillion won this year into the group, up 15.6 percent from 12.2 trillion won last year, the group said recently. The huge increase in investments reflects Chairman Chung Mong-koo's idea that investment should be increas…
Chairman Lee Kun-hee of Samsung GroupSamsung Chairman Lee Kun-hee in his address at the group's New Year ceremony held at Hotel Shilla in Seoul on Jan. 2, said the group will do all it can for the good of society as a member of society, since its power derives from society.The top executive of the n…
Minister Rim Che-min of the Ministry of Health & Welfare delivers his speech at a ceremony to launch the ministry's 2012 business year.Minister Rim Che-min of the Ministry of Health & Welfare (MW) said, "The government will push ahead with measures to address health, medical, and social welf…
Minister of Knowledge Economy Hong Suk-woo attends a meeting with the nation's top 30 business group leaders at the Seoul Renaissance Hotel on Jan. 13.The nation's top 30 conglomerates have decided to set aside a combined 151.4 trillion won in investments and create 123,000 new jobs during this year…
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Policy/Politics
Large volumes of cargo are loaded onto a Korean Air Cargo plane at the Korean flag-carrier’s designated cargo terminal of Incheon International Airport. (Photo: Incheon International Airport) Incheon International Airport Corp. said the internation…
Chairman Kim Nak-soon of Korea Racing Authority(KRA). Chairman Kim Nak-soon of the Korea Racing Authority (KRA) discussed international cooperation with the chairman of the Asian Racing Federation (ARF) at its head office in Gwacheon, Gyeonggi Provi…
President Kim Jae-hyun of Korea Forest Service announces the major plans for KFS for 2018 on Feb. 5 Korea Forest Service(KFS) has been working to spread the paradigm of its forest service policies, “Spreading Enjoy Living and Work at the Forest,” …
Minister Paik Un-gyu of the Ministry of Trade, Industry and energy gives words of encouragement to crew of the construction site of the Barakah Nuclear Power Plant in the United Arab Emirates while making an inspection tour there on Feb. 24. (Photo: …


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