Wednesday, February 5, 2025

Bank of Korea cuts basic interest rate to 0.50%

Bank of Korea Governor Lee Juyeol, concurrently chairman of the Monetary Policy Board, on May 28 chairs a meeting at the bank's headquarters in...

Finance minister suggests currency swaps among G-20 central banks

Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki on March 31 takes part in a videoconference of G-20 finance ministers and...

Official R&D budget this year set at record KRW 24T

Vice Minister of Science and ICT Kim Sung-soo on Jan. 6 gives a speech in a briefing session on inter-governmental cooperation in R&D projects...

‘Peace on Korean Peninsula to bring more opportunities for Korean and Swedish companies’

President Moon Jae-in on Dec. 18 gives the keynote address at the Korea-Sweden Business Summit held at Lotte Signiel Seoul. (Cheong Wa Dae's Facebook...

President Moon: Our economy is strong, its future positive

President Moon Jae-in on Dec. 5 gives a speech at a ceremony for the 2019 Trade Day held at the Seoul COEX. (Hyoja-dong Studio)   By Lee Hana President Moon...

President Moon: Startups will revive future of Korea and ASEAN

President Moon Jae-in (sixth from left in first row) on Nov. 26 poses for a photo with the leaders from the ten member states...

World’s biggest free trade deal concluded at RCEP summit

President Moon Jae-in (fifth from the right) on Nov. 4 holds hands with leaders of countries participating at the Regional Comprehensive Economic Partnership (RCEP) Summit in...

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...

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