Saturday, March 28, 2020

Finance minister tells foreign investors ‘economy has strong resilience’

Minister of Economy and Finance Hong Nam-ki on Oct. 16 speaks at an investor relations session in New York under the theme "Korean Economy,...

Korea ratifies free trade deal with Indonesia

Trade Minister Yoo Myung-hee (middle) on Oct. 16 announces with her Indonesian counterpart Enggartiasto Lukita the ratification of the Comprehensive Economic Partnership Agreement between the...

Korea-Japan trade spat worsening global economic uncertainty: Krugman

Minister of Finance and Economy Minister Hong Nam-ki (right) on Sept. 9 shakes hands with Nobel laureate economist Paul Krugman at a conference in...

[Innovative Startup 5] Cellreturn seeks to revolutionize K-beauty sector via LED masks

Cellreturn CEO Kim Il-soo poses with his company's innovative LED masks at his office in Incheon. By Min Yea-Ji and Lee Jihae  Photos = Choi Tae-soon  Incheon | July 22, 2019 A...

President Moon’s N. European tour to stress startup cooperation

Minister of SMEs and Startups Park Young-sun on June 7 explains at Seoul Press Center the goals of President Moon Jae-in's upcoming state visits...

Incheon Int’l Airport to soon open duty-free shops at arrival halls

Duty-free shops at the arrival halls of Incheon International Airport will open on May 31. Pictured is an artist's conception of the Entas Duty-Free...

Danish royals visit Korea

Denmark's Crown Prince Frederik and his wife, Princess Mary, are in Korea for three days this week to celebrate the 60th anniversary of diplomatic...

Korea, NASA to jointly build payload device for lunar landers

Ben Bussey, senior NASA exploration scientist (left), Choi Won-ho (middle), director-general of the Space, Nuclear and Big Science Policy Bureau at the Ministry of...

UN body stresses private sector’s role in achieving SDGs

Valerie Cliff, deputy regional director for Asia-Pacific at the United Nations Development Program (UNDP), explains on April 12 the importance of private sector partnership...

Int’l rail leader urges connection of inter-Korean railways

Minister of Land, Infrastructure and Transport Kim Hyun-mee (fourth from left) on April 11 speaks to OSJD (Organization for Cooperation of Railways) Chairman Tadeusz...

Seoul to host int’l rail directors’ conference for 1st time

For the first time, Korea from April 8-12 will host the conference for general directors of the Organization for Cooperation between Railways (OSJD). This...

#HANAGo Season 2 Ep. 3 – Seoul Motor Show 2019

Hi, it's Hana of #HanaGo. Today I'm at the media day for the Seoul Motor Show 2019, a biennial trade show that introduces latest models...

President Moon announces plans for financial innovation

President Moon Jae-in on March 21 chats with bankers at the Seoul headquarters of Industrial Bank of Korea ahead of his announcement on regulatory...

Smart city era draws closer in Korea

President Moon Jae-in on Feb. 13 visited the Busan Exhibition and Convention Center (BEXCO) to see a presentation on the Busan Smart City Innovative...

Bloomberg names Korea ‘most innovative country’ for 6th straight year

Korea on Jan. 22 was announced as the world's most innovative country by the Bloomberg Innovative Index. (Screen capture from Bloomberg website) By Oh Hyun-woo and Kim Minji  Korea...

PM Lee wraps up visits to Tunisia, Morocco

Prime Minister Lee Nak-yon (left) and Tunisian Prime Minister Youssef Chahed on Dec. 19 hold a meeting in Tunis. By Park Hye Ri and Kim Young Shin  Photos =...

PM Lee conducts business diplomacy in Algeria

Prime Minister Lee Nak-yon (left) and Algerian Prime Minister Ahmed Ouyahia on Dec. 17 pose for photos in the Algerian capital of Algiers. (Prime...

Major indicators say Korean economy is comparatively fine

The Bank of Korea on Dec. 6 said Korea recorded a trade surplus of USD 9.19 billion in October 2018 according to the balance...

Foreign direct investment in Korea jumps to a record high

Financial authorities attend the opening ceremony of the Invest Korea Week 2018 held at the Grand InterContinental hotel in Gangnam-gu District, Seoul on Nov....

Korea’s economic growth to remain close to 3 percent: OECD

Chief economist Laurence Boone of the Organization for Economic Cooperation and Development (OECD) briefs the press about the organization’s Economic Outlook at the OCED...

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