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LS Group Chairman Christopher Koo has been appointed as the 31st chairman of the Korea International Trade Association (KITA). (Photo: LS Group)LS Group Chairman Koo Ja-yeol (Christopher Koo) has been appointed as the 31st chairman of the Korea International Trade Association (KITA). KITA’s leaders…
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President Moon Jae-in announces national tasks for the year 2021 during his New Year’s address on Jan. 11. (Photo on the courtesy of Cheong Wa Dae website)President Moon Jae-in said, “Inter-Korean cooperation on its own can achieve many things.” During the fifth and final year in office, Presiden…
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POSCO Chairman Choi Jeong-woo gives a key-note speech on the theme of “Post-COVID-19 Megatrends: A New Decade” at WSD Steel Success Strategies held virtually on Oct. 27. (Photos: POSCO)POSCO Chairman Choi Jeong-woo, who has been nominated for his second term, has declared an official company goal …
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Korean Air Chairman Cho Won-tae. Korean Air will be merged with the financially troubled Asiana Airlines. If the megadeal is completed, it will create a “super national flag carrier,” which ranks 7th among global airliners. Under the megadeal, Korea Development Bank (KDB), the main credit bank of …
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Hyundai Motor Group Chairman Chung Eui-sun. (Photos: Hyundai Motor Group)Hyundai Motor Group Executive Vice Chairman Chung Eui-sun has been promoted to chairman of the automobile conglomerate, succeeding his father Chung Mong-koo. Hyundai Motor, Hyundai Mobis and other subsidiaries of Hyundai Motor …
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Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki. (Photos: MOEF)The 2020 Annual Meetings of the International Monetary Fund (IMF) and the Board of Governors of the World Bank Group (WBG) will be held virtually this year on October 12-18, 2020, to ensure the health and safety of …
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President Lee Cheong-ryong of Mine Reclamation Corp. (MIRECO).Mine Reclamation Corp. (MIRECO) plans to implement a project to reclaim mining areas polluted with mercury in Indonesia. The project is one of an Official Development Assistance (ODA) programs of the Ministry of Trade, Industry and Energy…
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Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki presides over an online governors’ meeting on May 22 at Seoul Government Complex on May 22, the first part of the 53rd ADB Annual Meeting. (Photo: MOEF)The Asian Development Bank (ADB) will hold the second stage of its 53rd Annua…
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President Moon Jae-in presides over a national report session on the Korean New Deal at Cheong Wa Dae on July 14. (Photo on the courtesy of Cheong Wa Dae website)The government came up with a master plan for a “Korean New Deal,” which will channel 160 trillion won into the economy and create 1.9 m…
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Rep. Park Byung-seug of the ruling Democratic Party elected speaker of the National Assembly for the first half of the 21st National Assembly delivers a speech at the first plenary session in the National Assembly in Yeoido, Seoul on June 5. (Photos: Democratic Party) Rep. Park Byung-seug of the rul…
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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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