Post Tagged with: "Korea News"

Gov't Won't Seek to Move away from Nuclear Power Too Fast...It Will Take 60 Years to Phase out

President Moon Jae-in said on August 17, “The denuclearization bid by the current government is not so radical. It will take more than 60 years for us to reach that goal.” In an interview in celebration of the 100th day since taking power, President Moon said, “The design life of nuclear reactors that were launched recently or under construction is 60 years. We plan to close reactors one by one as soon as their design life expires.” His remarks are in reponse to criticism that his government’… …

S. Korea approves plan to upgrade K-9 howitzer

SEOUL, Aug. 18 (Yonhap) — South Korea’s military procurement agency on Friday approved a plan to upgrade an indigenous howitzer used by ground and marine forces. The approval by the Defense Acquisition Program Administration (DAPA) allows the mas …

Korea, US to maintain tight defense alliance

Minister of National Defense Song Young-moo talks on the phone with U.S. Secretary of Defense James Mattis on Aug. 16. (Ministry of National Defense) By Hur SomEe and Lee Hana Minister of Nationa …

More pesticide-contaminated eggs found in Korea

The South Korean government said Friday that 13 more poultry farms have been found using illegal insecticides or a chemi …

New Red Cross chief plans to propose talks with N. Korea

The new chief of South Korea’s Red Cross society is expected to propose talks with its North Korean counterpart to resum …

Samsung Engineering Hits 550 Bil. Won Jackpot in Thailand

Samsung Engineering said on August 16 that it won two petrochemical power generation projects worth 550 billion won jointly with PTT Public Company Ltd., a Thai state-run oil company. This has been less than a week since the Korean company announced a large-scale oil refinery building project in Oman worth more than 1 trillion won. The project calls for building a petrochemical plant and an electricity generation plant in Rayong, Thailand’s largest industrial city 150 kilometers southeast of … …

Labor cost ratio rises at South Korean firms

The ratio of labor costs to revenue at South Korea’s top 500 companies has reached 5.9%, a new analysis shows. According to figures accessed on Aug. 16 at CEO Score, a website that assesses companies.. …

Ex-PM Kim accepts offer to chair committee campaigning for Austrian nurses for Nobel prize

SEOUL, Aug. 17 (Yonhap) — Former Prime Minister Kim Hwang-sik has agreed to chair a government-civilian committee aimed at nominating two Austrian nurses who spent 40 years as voluntary nurses for South Korean leprosy patients on a remote island for t …

KBS Survey: Moon's Approval Rating at 81.6%

[Domestic] : A KBS poll has found that eight out of ten South Koreans believe President Moon Jae-in is doing a …[more…] …

Trump says N. Korea made 'wise' decision for stepping back

US President Donald Trump said Wednesday North Korean leader Kim Jong-un made a “wise” choice for refraining from making …

North Korea releases map of four planned missile strike zones inside South Korea

North Korea appears to have divided South Korea into four missile strike zones based on its missiles’ effective firing range. The Rodong Sinmun newspaper, Korean Central Television, and other North .. …

"No One Can Take Military Action without South's Consent"...Prez. Moon

President Moon Jae-in said on August 15, “Another war in the Korean Peninsula must be resisted at any cost. Military action on the Korean Peninsula can only be decided by South Korea and no one else can decide to take military action without the consent of South Korea.” In congratulatory remarks in celebration of the 72nd Liberation Day in Seoul’s Sejong Culture Center, he said in relation to the North Korean missile crisis, “The government will do everything it can to prevent a war with Nort… …

China Reiterates Support for Moon's Call for No War on Peninsula

[International] : Beijing has again expressed support for President Moon Jae-in’s call that no one can proceed with …[more…] …

Parties present mixed scorecards for Moon's first 100 days in office

SEOUL, Aug. 16 (Yonhap) — President Moon Jae-in’s first 100 days in office got mixed scorecards Wednesday as opposition parties denounced his appointment mishaps, policy disputes and cross-border tensions, while the ruling party touted his push for re …

President meets with U.S. Marine Corps general

President Moon Jae-in holds talks with U.S. Marine Corps General Joseph Dunford at Cheong Wa Dae on Aug. 14. By Sohn JiAe Photos = Cheong Wa Dae President Moon Jae-in greet …

Ruling party whip opposes tactical nuke redeployment

A senior ruling party official Wednesday rejected conservatives’ growing calls for the redeployment of US tactical nucle …

President promises better treatment for independence heroes, families

President Moon Jae-in greets a group of independence fighters and their family members at Cheong Wa Dae on Aug. 14. President Moon says, ’I wanted to treat those who had fought for national independen …

North Korea backs off missile attack as US ups pressure on China

Tensions between the US and North Korea showed signs of winding down, with Pyongyang backing off from its threat to fire …

Final date for deployment of THAAD launchers expected within the year

Minister of National Defense Song Young-moo said on Aug. 14 that a date for deployment of four additional launchers for the US Forces Korea THAAD system “has not been set,” but added that the ministry.. …

Hyundai, Kia Eye Advances in Autonomous Driving

[Economy] : South Korea’s top two automakers say the next big step forward in autonomous vehicle technology is …[more…] …