Korea Gas Corp. (KOGAS) will introduce 2 million tons of liquefied natural gas (LNG) annually from Qatar for 20 years (2025-2044). This time, the price conditions are expected to improve due to changes in the international natural gas market, saving about $1 billion over the past 20 years.This is du

CEO Kim Gyung-rea of JC Global (Wonjin Ecotech's distribution company) established the company in the Jeollabuk-do Province. Since then, the company has been growing by leaps and bounds. For a long time, he composed songs under the theme of ‘Muju Arirang’ in the Jeollabuk-do Province.Youn Ki-sik, th

Lim Joon-taek, chairman of the National Federation of Fisheries Cooperatives (Suhyup), visited the National Assembly on July 7 and delivered a plaque of appreciation to Rep. Chung Jeom-sik of the main opposition People Power Party, who worked hard to propose and pass the "Fishery By-products Recycli

IBM has appointed Won Sung-shik, the head of the IBM technology group, as the country general manager (CGM) of IBM Korea.Won Sung-sik joined IBM Korea in 1991 and gained experience and expertise in various IBM business sectors such as hardware, marketing, global technology services, and financial in

Oriental Brewery accounts for more than 80% of Korea's beer exports, maintaining the No. 1 beer exports in Korea and leading the “Korean Beer Wave.” Born in 1933, Oriental Brewery has led the Korean liquor industry for more than 80 years.It is equipped with the latest automation facilities to produc

“For the first time in the history of Korea, we have built a skyscraper over 100 stories tall. Lotte World Tower symbolizes architectural and technical achievement and complement the natural beauty and cultural heritage of the city, while creating major economic benefits and national competitiveness

SBI Savings Bank has kept growing with an accelerated pace and now transforming into one of the premier financial institutions in the industry. It continues to grow in the fast-changing financial environment. Now, SBI is spreading out to the world.As an innovation leader of the financial industry, S

Established as Korea’s first steelmaker in 1953, Hyundai Steel has paved the way for sustainable growth by boosting blast furnace business as a new growth engine in addition to its existing electric arc furnace based operation. We will continue to prepare for a greater future with a vision of 'Leadi

“This year marks the 122nd anniversary of Woori Bank,” said CEO Kwon Kwang-seok of Woori Bank in his message to the clientele in Korea and around the world.Then he said, “Boosting the economy by facilitating financial support and contributing to the national economy is our motto."In 1899, Woori Bank

The name consists originally of two Chinese characters Nong (농) and Shim (심), where the former means a ‘Farmer’ and the latter ‘Mind.’ So, Nongshim, originally, means, “The mind of the farmers,” which, in a sense, is the ‘Mind of the People’ and in extension the ‘Mind of the Korean People’ as Korea,

“Where do you want to go and stay?” ask the management of the company. The company, headed by Chairman Kang Seung-soo with Honorary Chairman Cho Chang-geol, leads the transformation of Korea’s residential environment since the 1970s. Hanssem is a full-service interior company which provides furnitur

Booyoung in Korea is considered a ‘21st century’s global company and the 13th best company in the financial world (private enterprises). According to the public relations sources of Booyoung, the Group is aiming to grow into a global company of the 21st century, challenging the status quo with a pio

In 1983, Jungheung Housing was established and later the legal firms of Jungheung Construction and Jungheung Civil Engineering were established building the knowhow of construcion for nearly four decades.The management philosophy of Jungheung, according to the public relations materials of the compa

Chairman Kim Woo-nam of the Korea Racing Authority (KRA) is a very special person in the fact that he makes it a rule to increase international cooperation and friendship between Korea and all the wcountries of the world. In 2021, Chairman Kim attended the opening ceremony of the world rehabilitatio

Seo Chang-woo, chairman of Korea Papa John’s, a premium pizza brand, took office as governor of the Rotary International District 3650 for 2021 and 2022 at Grand Hyatt Seoul in Hannam-dong, Yongsan-gu, Seoul on July 1. His term of office runs from the same day to June 30 next year.Seo was also elect

Hanwha Group Chairman Kim Seung-yeon met with Edwin John Feulner Jr., chairman of the U.S. Heritage Foundation's Asia Research Center, for dinner at the Plaza Hotel in Jung-gu, Seoul on June 30, a group spokesman said.The dinner meeting took place on the occasion of Chairman Edwin Feulner's visit to

Kore.AI, a global interactive artificial intelligence (AI) and digital user experience (UX) company, made an announcement on June 17 that it has supplied 'Bank Assist', an interactive AI-based virtual assistant, to Mashreq Bank, an UAE financial institution.Mashreq Bank can help more than 500,000 re

Korea Energy Agency announced on June 17 that it held the "Korea-UAE Renewable Energy Business Meet-up Day" at Intercontinental COEX in Seoul to support domestic energy leading companies' overseas expansion and create new business opportunities.In 2018, the agency signed a "business agreement to pro

The following article is based on press materials provided by the Embassy of the Republic of Uzbekistan in Seoul for publication by The Korea Post media, publisher of 3 English and 2 Korean-language news publications since 1985.—Ed.On June 23-24, an international forum on Inter-Parliamentary Global

Hyundai Motor Group Chairman Chung Eui-sun has won the Issigonis Trophy at the 2021 Autocar Awards ceremony, the group said on June 9.Named in honor of legendary car designer Sir Alec Issigonis, the Trophy is Autocar's highest accolade. Each year it is presented to a stand-out individual within the