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New flash memory chips developed by Samsung ...

Apr 19, 2010

Children draw pictures at the Woori Art Competition ...

Apr 18, 2010

A model shows LG Electronics’ new mobile phone ...

Apr 18, 2010

Doosan Infracore CEO Han Kye-sun, fifth from ...

Apr 18, 2010

Saemaul Undong Sets Model for Developing Countries

By Andrei Lankov If you ask a typical foreign resident of Korea whether he or she has ever heard of "Saemaul" (New Village, in Korean), the chances are that the name reminds him or her of a popular express train which connects major Korean cities. Few foreigners are aware that the train itself took its name from a major government-initiated campaign which changed the face of rural Korea in the 1970s. This campaign was known as "Saemaul Undong," literary meaning "New Village Movement." President Park Chung-hee, who ruled the country with an iron fist in the years 1961 to 1979, had a mission to accomplish. He wanted to transform Korea, which in those times was just a dirt poor country, into a prosperous and successful nation - doing whatever it took to achieve this. General Park believed in capitalism. But, contrary to the modern day neoliberal economic orthodoxy, he also believed in state intervention and guidance. The first development programs, launched just after 1961, put an emphasis on industry. But in the early 1970s, Park and his administration "noticed" the Ko

Apr 16, 2010

Hyundai Steel Vice Chairman Park Seung-ha ...

Apr 15, 2010

A customer in a wheelchair uses an ATM ...

Apr 15, 2010

Piano prodigy Kim Ji-yong plays on the main ...

Apr 14, 2010

Fila Chairman Yoon Yoon-su, right, poses with ...

Apr 14, 2010

Korea Boasts Global Competitiveness in Nuclear Tech

By Choi Yearn-hong Korea is celebrating the sale of its nuclear power expertise to the United Arab Emirates, with KEPCO's $20.4 billion contract to build and operate nuclear power plants. It is more than just another ``sale'' or ``export.'' The deal reflects the present global status of the Korean nuclear science and technology. The successful deal has proved that Korea has a competitive edge over the United States, France, Canada, Russia, Japan and Britain. The Gori nuclear power plant, the first in Korea, constructed in 1978, was a turnkey project. Foreign scientists and engineers, in addition to foreign capital, made possible the construction of the first nuclear power plant. Advanced countries were reluctant to transfer their technology to Korea. After 40 years, South Korea has become one of the leading global powerhouses in nuclear science and technology. That is the reason why the UAE deal is one of President Lee Myung-bak's shining achievements during his two and half years' in office. Another feat of Lee's was helping Korea be selected to host the G-20 Summit fo

Apr 14, 2010
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