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
By Jang Chang-yong, senior editorial writer of The Korea PostIf there had been no 'hope' at the bottom of the Pandora's box in Greek mythology, I think our lives today would have been markedly different.The meaning of this myth is that the trivial actions of a woman (Pandora) who was full of curiosi
The Ministry of Trade, Industry and Energy announced on June 1 that Korea’s exports in May expanded 45.6 percent to $50.7 billion. Imports went up 37.9 percent to $47.8 billion, resulting in a trade surplus of $2.9 billion.The improvement in exports was mostly due to an ongoing recovery in the globa
The mayoral elections in Seoul and Busan, the two largest cities of Korea, on April 7, ended in a landslide victory for the main opposition People Power Party (PPP). Mayor Oh Se-hoon of Seoul won 2,798,575 votes (58% of the total) over the running Democratic Party Candidate Mme. Park Young-sun who c
The Federal Republic of Nigeria is the biggest economy in Africa boasting its US$448 billion GDP (2019). According to Korean Ambassador Kim Young-chae in Nigeria, the country’s estimated population of about 200 million is also the largest in the African continent. In this respect, he said, Nigeria i
Interview with Chairman Choi Young-joo of PANKO Corp."PANKO Corp., a global clothing manufacturer, is a Korean company without labor disputes for 12 years since its establishment in Vietnam in 2002, despite the different culture and social environment," said Choi Young-joo, chairman of PANKO Corp."W
"Korea-Vietnam Friendship Association (KOVIFA) is a private organization established in 2002 that seeks international friendship and co-prosperity between the two countries at the private level," said Choi Young-joo, chairman of the association.Choi, the third chairman of KOVIFA, said in a recent in
His Excellency Abdulla Saif Al Nuaimi, UAE Ambassador to Seoul, held a televised interview on the "Special Coverage" program of Abu dhabi Channel on April 8, 2021, on the celebration of the 40th anniversary of the distinguished UAE-Korean diplomatic relations and the celebration of the UAE-Korean Ye
The citizens of the Namyangju City have given me the honorable post, the mayorship of the Namyangju City.I have a task which I consider to be all but my ‘fate’ and it is the task that I should do my level best to make the Republic of Korea a strong country and a wealth nation.A strong country and pe
Amid Covid-19 uncertainties, Korean banks saw their net profit tumble more than 11 percent in 2020 compared to the previous year due to high loan loss provisions amid Covid-19 uncertainties.Local banks recorded 12.3 trillion won ($10.9 billion) in net income in 2020, down 11.5 percent from a year ag