2006년 12월 4일 16:56

Trade figures for Nov. 2006

According to the Ministry of Commerce, Industry and Energy (MOCIE), Korea's exports rose 19.8% year-on-year to USD $30.94 billion in November 2006 while imports posted $26.87 billion, an increase of 12.7% from a year earlier. In all, the nation ma...

2006년 11월 23일 16:46

‘Made in Korea’ sweeps through Mumbai

Top Korean firms are showing off their products at a large-scale exhibition in Mumbai, India. This is the first-ever exhibition to feature all Korean products in India. Under the theme, “Korea and India: An Alliance for the Future,” more than a hu...

2006년 11월 20일 13:52

Encouraging Indians to work and study in Korea

More than a thousand people attended an expo in New Delhi, India aimed at promoting the advantages of working at high-tech Korean companies as well as studying at top colleges and universities in Korea. Organized jointly by the Ministry of Commerc...

2006년 11월 7일 16:03

Upgrading railroad system in Nigeria

Korea and Nigeria will take part in upgrading and modernizing the Nigerian railway system as well as developing the African nation's oil fields. Minister Chung Sye Kyun of the Ministry of Commerce, Industry and Energy (MOCIE) and his counterpart, ...

2006년 10월 27일 13:39

Nation's largest wind farm in operation

Korea's largest wind farm has started operation in Pyeongchang, Kangwon province in the eastern part of the country. The tape-cutting ceremony was attended by Minister Chung Sye Kyun of the Ministry of Commerce, Industry and Energy, local official...

2006년 10월 13일 16:56

Exploring new energy opportunities in Angola

Senior officials of Korea and Angola signed a Memoradum of Understanding (MOU) that will allow Korean companies to take part in oil and gas development projects in the east African nation. Lee Won Gul, Vice Minister of the Ministry of Commerce, In...

2006년 7월 10일 15:48

Plant orders soared in the first half

Plant construction orders from aboard posted USD$ 10.8 billion in the first half of 2006, an increase of 35% from a year earlier, according to the Ministry of Commerce, Industry and Energy (MOCIE). Plant orders for offshore facilities were up by 5...

2006년 6월 29일 13:55

Rolling out the red carpet for investors

Minister Chung Sye Kyun of the Ministry of Commerce, Industry and Energy (MOCIE) held an investor relations (IR) to promote Korea's attractive business environment in New York on June 28. At the IR promotional meeting, Minister Chung was joined by...

2006년 6월 27일 16:09

Expanding energy cooperation with Latin America

Korea will accelerate energy cooperation in Central and Latin America by enhancing energy exploration projects with Argentina and Mexico. The partnership will encourage Korean companies to increase investment and facilitate technology exchange to ...

2006년 6월 19일 14:46

Retail figures for May

According to the Ministry of Commerce, Industry and Energy (MOCIE), sales at Korea's major department stores rose by 7.6% year-on-year in May of 2006. Major discount outlets also saw their year-on-year sales increase by 2.6%. Strong performance at...

2006년 6월 19일 14:45

Energy-efficient lights for welfare facilities

As part of an on-going energy conservation campaign, the Ministry of Commerce, Industry and Energy (MOCIE) is installing energy-efficient light bulbs and fixtures at welfare facilities free of charge. On June 19, MOCIE Minister Chung Sye Kyun visi...

2006년 6월 13일 17:11

Korea and France partnership for industrial clusters

Korea and France will accelerate efforts to enhance cooperation in developing industrial clusters. On June 13, government officials from the two countries met in Seoul to facilitate exchanges of information including technology commercialization. ...

2006년 5월 1일 13:33

Innovating Korea's engineering programs

The Ministry of Commerce, Industry and Energy (MOCIE) and the Ministry of Education (MOE) will work together to pursue improvements in engineering programs in colleges across the nation. On May 1, the two ministries agreed to explore ways of bette...

2006년 5월 1일 13:32

Trade figures for April 2006

According to the Ministry of Commerce, Industry and Energy (MOCIE), Korea's exports rose 12.7% year-on-year to USD $25.77 billion in April 2006 while imports were $24.23 billion, a 14% increase from a year earlier. In all, the country recorded a t...

2006년 4월 19일 15:51

Orders for ships hit a new high in 1st Q

Korea's shipbuilders won orders for ships worth a record USD$ 12 billion in the first quarter of 2006, an increase of 34% from a year earlier, according to the Ministry of Commerce, Industry and Energy (MOCIE). During the period, the country's doc...

2006년 4월 19일 14:37

Orders for ships hit a new high in 1st Q

Korea's shipbuilders won orders for ships worth a record USD$ 12 billion in the first quarter of 2006, an increase of 34% from a year earlier, according to the Ministry of Commerce, Industry and Energy (MOCIE). During the period, the country's doc...

2006년 4월 18일 15:51

Asia-Pacific efforts for clean technology

Delegations from six Asia-Pacific governments, industries, and research institutes will work to devise specific measures to develop and deploy clean technologies. The meeting will be held between April 18 and 21 in San Francisco. The working-level...

2006년 3월 24일 13:33

GM Daewoo: A model of cooperation

The Ministry of Commerce, Industry and Energy (MOCIE) welcomed GM Daewoo's recent decision to rehire former workers laid off in 2001. Minister Chung Sye Kyun hailed the move as a model of successful cooperation between management and the labor uni...

2006년 3월 21일 16:12

Promoting an investment-friendly environment

With an aim of attracting USD$11 billion in foreign investment this year, the Korean government will concentrate on improving the business environment and living conditions for foreign investors. At a meeting on March 20 with CEOs of foreign compa...

2006년 3월 20일 16:19

Promoting solar-powered housing

On March 20, the Korean government agreed to provide financial support to re-design 2,156 houses as solar-powered buildings across the nation this year as part of efforts to promote new and renewable energy resources. The plan will build houses th...

2006년 3월 20일 16:13

Car fuel efficiency improved last year

The fuel efficiency of vehicles sold in Korea improved by an average 1.8% in 2005 compared to the previous year, according to the Ministry of Commerce, Industry and Energy. For Koreans, the 1.8% increase in fuel efficiency amounts to a savings of ...

2006년 3월 15일 16:40

Services figures for January

Exports in the service sector increased 3.5% year-on-year in January of 2006 to USD $3.86 billion while imports were $5.5 billion, an increase of 19.9% from a year ago. In all, Korea’s trade in services recorded a deficit of $1.64 billion in Janua...

2006년 3월 15일 16:39

First Asian conference to discuss technology transfer

International technology experts and business people gathered in Seoul to explore ways to promote technology transfer and commercialization among Asian companies on March 15, 2006. Technology transfer refers to when a company, research institute o...

2006년 3월 10일 16:45

Business ethics improved

According to a survey by the Ministry of Commerce, Industry and Energy (MOCIE), business ethics in Korea greatly improved in the public and private sectors in 2005, boosted by the government's efforts to encourage more transparent corporate manage...

2006년 3월 6일 11:52

Digital exports rise in February

Korea’s exports of electronic devices increased 14.2% year-on-year to USD $8.44 billion in February of 2006 while imports reached $4.67 billion, an increase of 22.9% from a year ago. In all, the country’s digital products recorded a trade surplus ...