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Industry/Energy
Korea Southern Power Co. (KOSPO) is firing on all cylinders to expand its business environs abroad by securing a foothold in the Southeast Asian region. KOSPO and the Vietnamese Ministry of Science and Technology (MOST) jointly organized a workshop on combined cycle power in Hanoi on July 3. Th¡¦
Korea East-West Power (EWP) is stepping on the gas to lay a solid foundation for sustainable growth by spreading models for advancing shared growth and differentiating itself from others with reinforced social contribution activities. EWP is focusing on standardizing and spreading corporate mod¡¦
Former Korea Electronics Technology Institute (KETI) President Choi Pyeong-rak took helm at the Korea Midland Power Co. (KOMIPO) as the sixth president at the KOMIPO head office on July 16.He delivered his inaugural speech in which he declared his new catchphrase, ¡°Korea¡¯ s Power Plant of Happines¡¦
Korea South-East Power Co. (KOSEP) has an intrapreneurship program in place as part of its efforts to innovate management with the goal of tapping staff members¡¯ capacities.KOSEP has become the first Korean power company to implement intrapreneurship in which each team, department, and site office ¡¦
The Ministry of Knowledge Economy (MKE) approved a plan to raise electricity charges an average of 4.9 percent effective Aug. 6.The announcement of the rise in electricity charges came shortly after the board of directors of Korea Electric Power Corp. (KEPCO) on Aug. 3 agreed to do so, with addition¡¦
Samsung Electronics and Apple have not yet reached an out-of-court settlement during their second round of closed negotiations in the ongoing patent war between the global smart phone and tablet juggernauts. Samsung CEO Choi Gee-sung, now chief of Samsung Group Future Strategy Office, accompani¡¦
Korea National Oil Corp. has declared its new corporate identity (CI) on July 2, which the oil company said signifies a K as in Korea, mixed with ancient patterns drawn from the ancient philosophy of Taeguk, to become the symbol of Korea and emboldens KNOC¡¯s identity as a state-run company, while a¡¦
Korea Western Power Co. (KOWEPO) strives to make its mark by successfully undertaking the 388MW gas-based combined cycle power plant project in the MIDC Industrial Complex in Vile Bhagad, Maharashtra, India. The $270 million project calls for building the combined cycle power plant and operatin¡¦
orea Electric Power Corp. (KEPCO) proposed that electricity charges should be raised by 10.7 percent to recoup a loss the Korean utility company will suffer during the current business year due to the gap between electricity production costs and charges.KEPCO held a board of directors meeting on Jul¡¦
Chairman Ro Hee-chan of the Korea Federation of Textile Industries (KOFOTI) won the Industrial Merit Gold Medal at a ceremony for the 39th Commerce Day on March 21 for his contributions to the development of textile and fashion industries in Korea during his long career.The chairman, whose career in¡¦
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Policy/Politics
A poster to publicize a national briefing session on the three mega projects ¡°for Korea¡¯s Great Leap Forward¡± at the State Guest House of the Cheong Wa Dae on June 29. (Photo on the courtesy of the Office of the President)The Korean government wil¡¦
Min Hyung-bae, mayor of Jeonnam-Gwangju Special Metropolitan City, takes the oath of office at Main Assembly Hall of the City Council in Muan on July 1. (Photo: Jeonnam-Gwangju Special Metropolitan City)Min Hyung-bae, went down in history as the firs¡¦
Gyeongju Mayor Joo Nak-young explains the direction of city administration, including growth strategies to lead the future of Gyeongju and a vision for the next four years, in a meeting with reporters at Alcheon Hall in Gyeongju City Hall on July 15.¡¦
Seoul Mayor Oh Se-hoon delivers his inaugural address during the 40th Seoul Mayor¡¯s inauguration ceremony at Seoul City Hall on July 1.On the first day of his fifth term in office, Seoul Mayor Oh Se-hoon again brought up ¡®youth¡¯ as the key keyword¡¦


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