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President Moon Jae-in presents the $110 billion export tower to Samsung Electronics President Kim Ki-nam. As the nation saw its trade surpass $1 trillion in the shortest-ever time this year, 1,573 companies were presented with export tower awards during the 2021 Trade Day anniversary ceremony.&…
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Minister Moon Seung-wook of the Ministry of Trade, Industry and Energy (MOTIE). (Photo: MOTIE)The Korea saw its trade surpass $1 trillion this year in the shortest-ever period, beating the previous record by 21 days, which was set on Nov. 16, 2018. The Ministry of Trade, Industry and Energy and…
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(from left) Minister Moon Sung-wook of the Ministry of Trade, Industry and Energy, Hyundai Motor Group Chairman Chung Eui-sun, President Moon Jae-in, Hyundai Mobis President Cho Sung-hwan and Chairman Song Young-kil of the Democratic Party of Korea clap as they attended a ground-breaking ceremony fo…
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Deputy Prime Minister and Minister Hong Nam-ki of the Ministry of Economy and Finance (MOEF). (Photo: MOEF)The 2021 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) will take place from Oct. 11 through Oct. 17.The International Monetary and Financial Committee …
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Samsung Electronics' de factor leader Lee Jay-yong. (Photos: Samsung Electronics)Samsung Electronics logged its best operating profit in 11 quarters in the second quarter of this year on the back of a boom of the semiconductor business, but despite the earning surprise the electronics giant faced a …
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Rep. Kim Byung-joo of the National Assembly National Defense Committee.Rep. Kim Byung-joo had been with the military for 39 years. Kim, a four-star general-turned lawmaker of the Democratic Party of Korea, served as deputy commander of the ROK-US Combined Forces Command.He graduated from the 40th cl…
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Dignitaries, including Prime Minister Kim Boo-kyum, Minister Moon Seung-wook of the Ministry of Trade, Industry and Energy (MOTIE), Chairman Christopher Koo of the Korean International Trade Association (KITA), Former KITA chairman Kim Young-joo, Vice Chairman Woo Tae-hee of the Korea Chamber of Com…
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Korean President Moon Jae-in and U.S. President Joe Biden explain the outcomes of their talks at a joint news conference following the summit at the East Room of the White House on May 21. (Photos on the courtesy of Cheong Wa Dae website)President Moon Jae-in and U.S. President Joe Biden agreed to r…
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Deputy Prime Minister and Minister Hong Nam-ki of the Ministry of Economy and Finance (MOEF). (Photo: MOEF)The Asian Development Bank (ADB) will hold the 54th Annual Meeting of the Board of Governors in a virtual format from May 3 to May 5, with a focus on deepening collaboration for a resilient and…
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Chairman Chey Tae-won (middle), chairman of the Seoul Chamber of Commerce and Industry, presides over his first meeting with chairmen of regional chambers of commerce on line on March 18. “We will launch a new regional economic team to promote regional economies,” Chey says. Woo Tae-hee (left), vi…
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President Jeong Yong-sik of the Korea Transportation Safety Authority (TS) speaks at a ceremony to declare an accident-free integrated campaign at Seoul Railroad Station on April 30, 2025.Traffic accidents have been reduced by 19 percent thanks to th…
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MOTIR Minister Kim Jung-kwan, Woori Bank President Jeong Jin-wan and K-SURE Chmn. Jang Young-jin attend a ceremony to sign an MOU to expand a 3 trillion won productive-finance program for exporters at K-SURE headquarters in Jongno-gu, Seoul, on April…
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KOTRA President Kang Kyung-sung shakes hands with Olli Ruutu, Finland’s director general of resource policy and national armaments director, after they struck a government-to-government deal to export K9 self-propelled howitzers to Finland in Helsin…
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President Kim Deok-ho of the Agency for Korea National Food Cluster joins agency officials to cut the cake at a ceremony to celebrate its 15th anniversary on April 3. (Photos: Agency for Korea National Food Cluster)Agency for Korea National Food Clus…
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