SEOUL, March 18 (Reuters) - The following is a summary of major South Korean newspapers on Tuesday, prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy.
A South Korean consortium agreed with Kurdistan government on a construction project worth 12 trillion won ($11.72 billion), said Jeffrey Jones, a former head of the American Chamber of Commerce in Korea.
About 700 foreign buyers including major car makers and power companies will visit South Korea to join exhibitions in April-May, according to Korea Trade-Investment Promotion Agency.
Kim Jung-tae, Hana Bank’s new CEO appointee, will grow the firm as a leading bank through aggressive M&A deals by 2013, he said.
Roughly 40 foreign English teachers set up a labour union, tentatively named Association for Teachers of English in Korea, starting to recruit members, according to sources in the English teaching industry. ($1=1023.9 Won)