Page 2 - Naju News Today

Koreas public sector debt hovered above the 1,501 trillion-won ($1.16 trillion) mark for the first time in 2022, data showed Thursday, amid the weak performances of state-run energy firms.

Korea Electric Power Corp. (KEPCO) and POSCO are two of the top Korean companies that contribute significantly to global warming as they burn substantial amounts of fossil fuels for business activities, according to a Seoul-based nonprofit environmental group, Tuesday.

Korea Electric Power Corp. (KEPCO) posted an operating profit in the third quarter for the first time since the first quarter of 2021 on the back of hikes in electricity prices, the state-run utility company said Monday.

Korea Electric Power Corp. (KEPCO) will increase electricity rates for large companies and restructure through asset sales and reduction of workforce as it aims to overcome a debt crisis amounting to around 201 trillion won ($153 billion), its CEO said, Wednesday.

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The ruling People Power Party’s (PPP) idea of expanding Seoul’s boundaries by including Gimpo and other adjacent cities into the capital is triggering other large cities to float similar ideas, emerging as one of the biggest polictical issues before the general elections slated for April next year.

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The national mental health center for disaster victims provided over 7,000 counseling sessions over last year's tragic Itaewon disaster, data showed Tuesday. The National Center for Disaster and Trauma conducted 7,141 counseling sessions over the past year after the Itaewon crowd crush that took 159 lives on Oct. 29, 2022, according to data sourced from the Ministry of Health and Welfare and disclosed by Rep. In...

Korea Agro-Fisheries & Food Trade Corporation (aT) is being criticized for its lax management of overseas offices. Examples include taking official business trips without the approval of the branch office manager and not having an attendance checking system, according to a lawmaker, Tuesday.

The Korea Electric Power Corporation (KEPCO) will downsize its workforce to help reduce its snowballing debt, which has soared to over 200 trillion won ($147.6 billion), according to officials from the state-run utility company, Monday.