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The Korea Institute of Energy Technology Evaluation and Planning (KETEP) holds an explanation session on short,mid, and long-term projects its plans to implement.The Korea Institute of Energy Technology Evaluation and Planning (KETEP) has decided to pour 48.5 billion won into implem…
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Samsung Electronics Co., Ltd. on April 26 announced revenues of 52.87 trillion won on a consolidated basis for the first quarter ended March 31, 2013, a 6 percent decrease from the previous quarter. Consolidated operating profit for the quarter reached 8.78 trillion won, representing a 1-percent dec…
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Vice Chairman Huh Jin-soo of GS Caltex.GS Caltex celebrated its 46th anniversary on May 19 with a ceremony held at GS Tower in Yeoksam-dong, Seoul, with a slew of dignitaries led by Honorary Chairman Hur Dong-soo and Vice Chairman and CEO Huh Jin-soo in attendance along with hundreds of the oil refi…
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BMW will release the i3, the German automaker’s first electric compact vehicle, in Korea next May, BMW Group Korea President Kim Hyo-jun said at an academic conference on electric vehicles on May 14.President Kim told the conference, jointly organized by the Environment Ministry and BMW, “The BMW …
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The Korean parts and materials industry is on a roll. Here are some of the world-class parts and materials, being exported abroad. The Ministry of Trade, Industry and Energy (MOTIE) said Korea posted a $23.2 billion trade surplus for the parts and materials industry for the first quar…
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By Kang Seong-cheon, director general in charge of nuclearindustry policy at the Ministry of Trade, Industry and EnergyThe government plans to establish a committee for the public debate on spent nuclear fuel, a civilian advisory body of the Ministry of Trade, Industry and Energy (MOTIE), charged wi…
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VicVice Minister for Trade and Energy Han Jin-hyun speaks at the 48 anniversary of Electricity Day at Korea Electric Power Corp. (KEPCO) headquarters in Seoul on April 10. The nation observed the 48 anniversary of Electricity Day at Korea Electric Power Corp. (KEPCO) headquarters in S…
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A consortium led by Korea Electric Power Corp. (KEPCO) has been awarded a large-scale coal-fired thermal power plant project in Vietnam, valued at $2.3 billion (some 2.6 trillion won), outbidding foreign rival utility consortia.
KEPCO became the final successful bidder of an international bidding f…
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Participants at the 28th Korea Atomic Industrial Forum-Korea Nuclear Society (KAIF-KNS) Annual Conference look at the exhibits at the 2013 Nuclear Industry Exhibition in Jeju on April 14. They include Korea Hydro & Nuclear Power Co. President Kim Kyun-seop; KEPCO E&C Pres…
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Top executives led by President Suh Moon-kyu of Korea National Oil Corp. push buttons declaring the Vision 2020 in a ceremony for the 34th anniversary on March 4 this year.Korea National Oil Corp. (KNOC) celebrated its 34th anniversary on March 4 in a ceremony declaring its new vision, say…
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President Kim Kyung-hwan of Korea Housing-Finance Corporation (HF). (Photos: HF)Korea Housing-Finance Corporation (HF) announced on June 12 that it held a business guarantee briefing jointly with the Korea Housing Association at the Construction Hall…
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President Jung Sang-hyuk of Shinhan Bank.Shinhan Bank held the 4th K-Global Leap Forward Win-Win Forum to support Korean companies’ entry into the U.S. Market, jointly with the Ministry of SMEs and Startups and the Korea Chamber of Commerce and Indu…
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President Lee Hwan-joo of KB Kookmin Bank. (Photos: KB Kookmin Bank)KB Kookmin Bank announced that it has introduced a Braille service to the main menus of its personal internet banking to improve financial accessibility for the visually impaired and…
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President Lee Ho-sung of Hana Bank. (Photos: Hana Bank)Hana Bank announced in late May that it will launch the “Long Live the Republic of Korea Installment Savings Account” for national merit recipients and military and public service members on Ju…
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