The South Korean Army has resumed live-fire artillery drills near the border with North Korea, for the first time in 6 years. The South Korean military announced Tuesday that the Army carried out firing drills, using K-9 self-propelled artillery units among others, in Gyeonggi-do and Gangwon-do provinces. This is the first time such an exercise … Read more
Former U.S. Secretary of State Condoleezza Rice commended President Yoon Suk Yeol’s efforts to strengthen Seoul’s alliance with Washington as well as its relations with Tokyo. This came on Tuesday as the South Korean leader met Rice and discussed global security issues including North Korea’s nuclear threat and the regime’s military cooperation with Russia. Yoon … Read more
South Korea and Vietnam have agreed to strengthen efforts for peace and denuclearization, amid North Korea’s nuclear weapons development and missile provocations. On Tuesday, President Yoon Suk Yeol met with Vietnamese Prime Minister Pham Minh Chinh who is on an official visit to South Korea. Yoon expressed hope that their countries would further bolster trade … Read more
The National Assembly today began its interpellation of the Yoon administration’s policies. The session focused on political issues, diplomacy and security. Meanwhile, the ruling party threatened to launch a filibuster after the Q-&-A session if the opposition seeks to pass a contentious bill mandating a special probe into a marine’s death. Our very own Shin … Read more
Korea’s consumer price index accelerated 2-point-4 percent in June, the slowest pace in almost a year. But high costs of fresh produce and petroleum products remain a concern. Our business correspondent Moon Hye-ryeon reports. Inflation in South Korea is showing signs of stabilizing in the two percent range despite continued high prices for fruit. Data … Read more
South Korea’s minimum wage will not be differentiated by sector. The decision was made on Tuesday by the Minimum Wage Commission consisting of representatives from businesses, labor, and the general public with 11 voting for wages to be differentiated by sector and 15 voting against it. The business sector argued that it has been difficult … Read more
In sports news, Korea’s Ministry of Culture, Sports, and Tourism on Tuesday announced detailed support plans for Team Korea at the Paris 2024 Olympics. From July 12th to August 11th, a base camp will be set up at the National Center of La Defense in Fontainebleau, providing accommodation, training facilities, and medical services. Badminton, boxing, … Read more
The eldest member of K-pop boy band sensation BTS, Jin, will reportedly be a torchbearer at the 2024 Paris Summer Olympics. He will depart for France shortly to participate in the torch relay for the Olympics, while the exact location and schedule have not been disclosed yet. After carrying the torch in the Olympics, as … Read more
In our latest interview segment one of the world’s most accomplished economists has called on Korea to avoid polices that seek to prevent inevitable market developments and to focus instead on economic flexibility and the fostering of its immigrant workforce. Our Park Kun-woo has more. South Korea has seen on-year increases in exports for 9 … Read more
Unlike yesterday, rain is pouring all over the country today. This rain is expected to remain strong and heavy. As for the amount of rain, up to 120 millimeters is expected in Gangwon-do and northern Gyeonggi-do provinces and more than 100 in the Seoul metropolitan area. Up to 80 millimeters is also expected in the … Read more
