Archive for August, 2015

Typhoon Goni Update

Heavy rainstorms are forecast for the southern part of South Korea Monday as Typhoon Goni heads toward the Korean Peninsula, weather officials said.

The typhoon, packing winds of up to 49 meters per second, is expected to reach about 430 kilometers southeast of Seogwipo, Jeju Island, by around 9 p.m. Monday, according to the Korea Meteorological Administration (KMA).

30% of Seoul Residents Traveled Twice within Country in 2014

[Domestic] :

One out of three Seoul citizens traveled within the country more than once last year.

According to …

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Typhoon Goni to Bring More Storms This Week

Korea will be hit by Goni, the 15th typhoon of this year, according to the Korea Meteorological Administration on Sunday. An advisory was issued for Jeju on Monday and for the eastern coast of Gyeongsang and Gangwon provinces on Tuesday.
Heavy rains are expected for the entire country on Tuesday and… …read more

N. Korea Quick to Report on Inter-Korean Talks

[Inter-Korea] :

North Korea was quick to report on the two Koreas’ agreement to meet at the truce village of …

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Today's Photo: August 22, 2015

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Party Leaders Check on Military's Readiness and Civilians' Safety

[Politics] :

As tension rises on the Korean Peninsula over North Korea’s artillery threats, political leaders …

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Tax Revenue Soars

Tax revenue in the first half of this year increased W8.2 trillion compared to a year ago (US$1=W1,191).
The Ministry of Strategy and Finance on Thursday said tax revenue for the central government from January to June was W106.6 trillion, accounting for 49.4 percent of the total target for this yea… …read more

Two Koreas Exchange Fire Across DMZ

[Politics] :

The North Korean military has fired its artillery at South Korean military loudspeakers in the …

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China's Economic Woes Should Set Alarm Bells Ringing

The junior Kosdaq plunged over six percent at one point during trading on Wednesday due to fears over a Chinese economic slowdown and closed down 4.2 percent. The Shanghai Composite Index had fallen more than six percent on Tuesday, and on Wednesday it fell over five percent before rebounding to clo… …read more

Used Car Market Blossoms

The used car market in Korea, notorious for scams and lemons, is undergoing major improvements as big companies move in and the Internet opens new roads.
The usual sales method of visiting used car lots to strike deals are quickly being replaced by a one-stop system, where people wishing to sell th… …read more

Parties Agree to Maintain 300 Parliamentary Seats

[Politics] :

The parliamentary special committee on political reforms has decided to maintain the number of …

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Rising Obesity Poses Major Health Risks

The proportion of obese Koreans rose from 29 percent in 2002 to 31.5 percent in 2013, and the number of highly obese people hit the 550,000 mark in 2013, creating a major headache for medical services here.
The increase of highly obese people was particularly steep among those in their 20s and 30s. … …read more

Korean Chinese to Hold Massive Cultural Event in Seoul Next Month

[Culture] :

Korean Chinese living in South Korea will hold a large-scale cultural event in Seoul next month to …

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Boycotting Lotte Only Hurts Korean Jobs

There are worrying moves afoot to denounce the Lotte Group as a Japanese interloper and boycott its products and services here. A patriotic group held a press conference in front of Lotte Department Store in downtown Seoul last week with protesters holding up placards with the rising-sun flag and Lo… …read more

S. Korea, US Inform N. Korea of UFG Drills

[Politics] :

South Korea and the United States will carry out their annual Ulchi Freedom Guardian exercises from Monday through August 28.

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KBS to Cover Youth Soccer Event in Pyongyang

[Sports] :

An international youth soccer tournament hosted by the two Koreas will be held in Pyongyang next week.

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N.Korea Denies Involvement in Mine Blasts Near Border

North Korea is denying it is behind last week’s landmine blasts that injured two South Korean soldiers and further heightened military tensions with Seoul.
In a statement Friday, the North’s National Defense Commission said it is “absurd” to suggest Pyongyang sent soldiers across the border to plant… …read more

Abe Statement Mentions Apology only in Past Tense

[Politics] :

Japanese Prime Minister Shinzo Abe included apologetic words in his statement marking the 70th anniversary of the end of World War II, saying “Japan has repeatedly expressed the feelings of deep remorse and heartfelt apology for its actions during the war.”

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Google Gets Second Extension in EU Antitrust Case

Google, the world’s most popular Internet search engine, has been given an extra two weeks to counter European Union charges of abusing its market power in a dozen EU countries and stave off a possible billion-euro fine.

The European Commission has extended the deadline for replying to the… …read more

Assembly Allows Arrest of Rep. Park Ki-Choon

[Politics] :

The National Assembly on Thursday passed a motion to arrest opposition …

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