This article was contributed by the Embassy of the Republic of Uzbeksian in Seoul to The Korea Post media on the occasion of the 30th anniversary of diplomatic reltions between the two coutnries. The Korea Post, 37 years old this year, publishes 3 English and 2 Korean-languae news pubications. —Ed.

By Vice Chairperson Joy ChoIn March 2022, the AKEDA economic delegation visited Angola through the invitation of the Angola government. A memorandum of understanding was signed between Angola's state-owned company Sonangol Group and AKEDA (Africa-Korea Economic Development Association) for Angola's

The following article and illustration have been provided by the Embassy of the Embassy of the United Arab Emiratees (UAE) in Seoul for publication by The Korea Post media, publisher of 3 English and 2 Korean-languge news publications since 1985.-Ed.The UAE has dispatched six aircrafts to Yemen carr

By Yusupov Umid SobirzhanovichPhD in Economics, assistant professorThe following article by the above writer has been contributed by the Embassy of the Republic of Uzbekistan in Seoul to The Korea Post media for publication, which publishes 3 English and 2 Korean-language news publications since 198

By Reporter Kim Myeong-keunAndaz Seoul Gangnam, a lifestyle hotel of the Hyatt Hotels & Resorts located at Apgujeong, offers a perfect option for a romantic staycation. Themed around the concept of creating ‘Romantic Moments,’ the ‘Romance atAndaz’ package is available from January 14, 2022 to Decem

The following is the sixth (Chapter 5 summary) in a series of articles on the book, entitled “Corporate Korea’.—Ed.By Kim Kwang-soohDuring the period of 30 years of carrying out six 5-year economic development plans starting in 1962, the Korean government played a pivotal role in achieving economic

The Bank of Korea (BOK)'s Monetary Policy Committee set the benchmark interest rate at 1.25 percent per year, raising 0.25 percentage points at a meeting on Jan. 14, the first time this year.As a result, the Bank of Korea's key interest rate returned to the level in early 2020, before the COVID-19 e

By Obid Khakimov.The following article by the above writer is has been contributed by the Embassy of the Republic of Uzbekistan in Seoul to The Korea Post media for publication, which publishes 3 English and 2 Korean-language news publications since 1985.—Ed.In 2021, which is a turning point in the

The following is the fifth (Chapter 4 summary) in a series of articles on the book, entitled “Corporate Korea’.—Ed.By Kim Kwang-soohAfter undergone several hardships and instabilities for more than a decade since its Independence in 1945, Korea experienced the first oil shock in 1973 and second one

By Obid Khakimov, director of the Center for Economic Research and ReformsThe following article was contributed by the Embassy of Uzbekistan in Seoul for publication by The Korea Post media, publisher of 3 English and 2 Korean-language news publications since 10985.—Ed.Cooperation in various areas b

The following is the fourth (Chapter 3 summary) in a series of articles on the book, titled “Corporate Korea’.—Ed.By Kim Kwang-soohThanks to four 5-year communication industry development plans of the government that started in 1962, Korea achieved gigantic development in communication industry as a

The following is the second (Chapter 1 summary) in a series of articles on the book, titled “Corporate Korea’.—Ed.By Kim Kwang-soohSince its Independence in 1945 and establishment of its government in 1948, Korea (Republic of Korea) achieved a miraculous economic growth despite numerous obstacles an

The following is the first (preface) in a series of articles on the book, titled “Corporate Korea’.—Ed.By Kim Kwang-soohThe Korean economy has achieved a miraculous growth during the past 70 years or so since its Independence in 1945, effectively adapting to ever-changing security, political, econom

This is the first installment in a series of special feature articles of The Korea Post media on the leading business conglomerates of Korea, which sheds light on the past, present and future prospects of the company.—Ed.In Korea whenever a new political party comes into power, big businesses called

South Korea and Kazakhstan have decided to strengthen cooperation in a total of 23 economic sectors, including automobiles, plants and resources.The Ministry of Trade, Industry and Energy said on Aug. 17 that Minister of Trade, Industry and Energy Moon Sung-wook attended the “Korea-Kazakhstan Busine

The following article is based on materials provided by the Embassy of Uzbekistan in Seoul to The Korea Post media for publication. The Korea Post media own and operate 3 English and 2 Korean news publications since 1985.—Ed.Uzbekistan is still living in a period of transition to shift from centrall

The Ministry of Trade, Industry and Energy announced on July 15 that Korea’s automobile output and exports in the first six months of 2021 posted year-on-year increases of 11.5 percent and 27.9 percent, respectively.In particular, exports recorded double-digit growth (up 27.9 percent to 1,049,658 un

The motto of the company is: “ Enable the Cabled World!”LS Cable & System says it tries to realize the higher cabled value.The company, established in 1962, says that it has been contributing to building power grids and communication networks first in Korea and then in countries all over the world b

Daejeon City will officially launch the organizing committee for the successful hosting of the ‘2022 Daejeon World Federation of Local Governments General Assembly’ (2022 UCLG General Assembly) on July 1, 2021.Since last year, the Daejeon City has been promoting the establishment of a separate organ

Head of Economy Division (Presently Acting Trade Representative) of the Russian Federation in the Republic of Korea Oleg Pirozhenko said, “First, Russia welcomes Korean businesses cooperation in biofuel, transportation, IT and many other areas.” Speaking at a recent interview with The Korea Post med