President Moon Jae-in has urged heads of large and mid-sized companies to do more for win-win cooperation with small and medium-sized enterprises (SMEs)."In order to secure global competitiveness, not only large companies but their partner companies must develop the whole business ecosystem together
The Korean government’s plan to create a large a renewable energy production complex in Saemangeum, a vast tract of reclaimed land on the west coast, has met with stiff opposition.On Oct. 30, President Moon Jae-in unveiled his vision for the renewable energy complex during a ceremony held in the sou
The Ministry of SMEs and Startups said on Oct. 16 that it organized Korea-France Startup Summit 2018 in Paris on the occasion of President Moon Jae-in’s visit to France.The event was designed to provide support for Korean startups to enter the French market and build networks. It was attended by rel
Hyundai Motor senior vice chairman Chung Eui-sun flew to the United States to address Washington’s move to impose tariffs on imported cars. He became the company’s senior vice chairman two days ago, and chose the U.S. as the destination of his first business trip after the promotion.He could not acc
South Korea's top business leaders, including Samsung Electronics vice chairman Lee Jae-yong, will accompany President Moon Jae-in to Pyongyang for the upcoming inter-Korean summit on September 18.The other members of the entourage include SK Group chairman Choi Tae-won, LG Group chairman Koo Gw
"Public organizations should play a pump-priming role for the Korean economy to achieve innovation-led growth," President Moon Jae-in told heads of public organizations on August 29. Moon stressed job creation while emphasizing the public nature of public organizations. However, he did not refer to
Lee Jae-yong, vice chairman of Samsung Electronics, attended a ceremony for the opening of a new factory in Noida, Uttar Pradesh in northern India on July 9 (local time). During the ceremony, Lee met key local political and business leaders including Prime Minister Narendra Modi and discussed ways f
South Korean President Moon Jae-in is making a state visit to India and Singapore from July 8 to 13. On July 9, he will attend a ceremony marking the completion of Samsung Electronics’ new smartphone manufacturing plant in India along with Samsung Electronics vice chairman Lee Jae-yong, who is the o