Choi Yang-hee, tapped as the head of the Ministry of Science, ICT and Future Planning, is one of the country's well-known experts in the information and technology industry. Choi emphasizes the importance of converging different industries and technologies, a key idea of the creative economy, a signature policy of the Park Geun-hye administration that calls for pushing the economy forward by cre...

President Park Geun-hye's finance minister nominee faces a heavy burden of pushing the government's signature three-year economic innovation plan and other reform efforts needed to strengthen the country's long-term growth potential, which recently is showing signs of slowing down. Choi Kyoung-hwan, 59, is a third-term lawmaker of the ruling Seanuri Party. He is to replace Hyun Oh-seok, who has ...

South Korea launched a foundation on Sunday to support forced laborers mobilized by colonial Japan and their family members after more than two years of preparations. The foundation will spearhead diverse projects to honor the victims and to care for their families, as well as conduct research on the history of the matter, a commission under the Prime Minister's Office that has been handling the...