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Monday, February 26, 2018

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Beating Japan
5 November 2013 - 1:30pm
Korea’s current account surplus is expected to surpass that of Japan this year for the first time. According to the Bank of Korea and Japanese financial ministry on November 3, Korea recorded a...
Korea President Park Geun Hye and Russian President Vladimir Putin shake hands at the G20 meeting in Moscow in September.
Korea-Russia Summit Meeting
5 November 2013 - 12:33pm
A summit meeting between Korean President Park Geun Hye and Russian President Vladimir Putin will be held next week in Seoul.  After the meeting, the two countries’ leaders are likely to make a joint...
President Park Geun-hye delivers a speech during an international conference on Eurasian cooperation held at the Shilla Hotel in Seoul on the morning of October 18.
Inter-Korea Summit
4 November 2013 - 5:57pm
South Korean President Park Geun-hye mentioned the possibility of meeting with North Korean leader Kim Jong-un, drawing attention to the background and future inter-Korean relations.  In an interview...
Satellite Sales
1 November 2013 - 4:08pm
There is growing controversy as to whether or not KT sold its two satellites without the government’s approval. It is an important issue in that artificial satellites are regarded as strategic assets...
Google Chairman Eric Schmidt praises of Hangul at a meeting for cooperation to promote Korean culture at the National Hangul Museum in Seoul on October 30.
Love of Korean Language
31 October 2013 - 12:38pm
Google Chairman Eric Schmidt expressed his special affection for Korean culture, extolling the excellence of the Korean language Hangul.  On October 30, he participated in a meeting held at the...
The sign on the World Bank Group building in Washington DC. (Photo courtesy Victorgrigas/Wikimedia Commons)
Business Environment
31 October 2013 - 12:26am
South Korea has the 7th most business-friendly regulatory environment in a global ranking of the ease of doing business. It was recognized by the World Bank Group as a country in which it is very...
ELS Regulation
28 October 2013 - 5:57pm
The Financial Supervisory Service (FSS) is working on new regulations on equity-linked security (ELS) products in an attempt to dispel the concerns of investors in the wake of the Tong Yang Group’s...
Korea will set up the Korean Air and Missile Defense system.
Missile Defense
28 October 2013 - 4:48pm
The Korean government has set out to establish the KAMD system, which stands for Korean Air and Missile Defense.  According to international news sources, the Korean government expressed its desire...
Front page of the MSIP web site, www.msip.go.kr.
“ICT WAVE”
24 October 2013 - 2:43pm
After holding the 23rd ministerial meeting for economic issues on October 23, the Korean government announced mid-long term strategies for a job-centered Creative Economy, one of the main visions of...
Japan is already known for the domestic type of nuclear power. It has many nuclear power plants such as the Ikata Nuclear Power Plant, pictured above. (Photo courtesy Newsliner/Wikimedia Commons)
Japanese Nuclear Armament
24 October 2013 - 1:58pm
An American expert on Japan said that Japan could pursue nukes using North Korea and China as a pretext.  “Most of the Japanese people are still against having nuclear weapons. However, due to recent...
Samsung ARM dual-core 1GHz CPU for mobile devices.
CPU Core Localization
24 October 2013 - 1:47pm
CPU cores for mobile devices cost Korean companies more than 300 billion won (US$284 million) annually in royalties, so there are plans to manufacture them locally. On October 23, the Ministry of...
A view of Benghazi, the second largest city of Libya, at dusk.
Cooperation with Libya
23 October 2013 - 2:53pm
The TriHuman Resources Development Service of Korea (HRD Korea) will accept industrial trainees and teach them technology to lead economic development in Libya. It will also build a vocational...

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