Post Tagged with: "Korea News"

‘Kashmir, the root of conflict in South Asia’

By Pakistani Ambassador to Korea Zahid Nasrullah KhanOn 6 June 1998, the United Nations Security Council adopted Resolut …

Mark Zuckerberg sends congratulatory email to President Moon Jae-in

Facebook founder and CEO Mark Zuckerberg reportedly sent an email on May 19 to President Moon Jae-in congratulating him on his election, the Blue House reported in a May 21 press release. In his ema.. …

President Picks Kim Dong-yeon and Chang Ha-sung to Lead Economic Policy Team

President Moon Jae-in nominated Kim Dong-yeon (60), current president of Ajou University, as new Deputy Prime Minister for Economic Affairs and Minister of Strategy and Finance. For the post of Presidential Senior Advisor for Policy Affairs and Vice Chairman of the National Economic Advisory Council, he announced his appointment of Chang Ha-sung (64), currently Korea University professor, and Kim Gwang-du (70), endowed professor of economics at Sogang University, respectively. In addition, … …

Moon's envoy to ASEAN to meet with Philippine president

Seoul Mayor Park Won-soon, President Moon Jae-in’s special envoy to key member states of the Association of Southeast As …

TPP Countries Agree to Move Forward Without U.S.

Countries remaining in the Trans-Pacific Partnership (TPP) agreed Sunday to explore ways to move the trade deal forward after U.S. President Donald Trump pulled out in his switch to an “America First” policy.The decision, which fell short of a wholehearted commitment to move ahead immediately, came … …

(EDITORIAL from Korea JoongAng Daily on May 22)

Diplomacy rising We welcome President Moon Jae-in’s swift appointments Sunday of top diplomatic and security officials. We take special note of his decision to pick Kang Kyung-wha, a senior policy advisor for former UN Secretary General Ban Ki-moon, …

N. Korea Fires Ballistic Missile, NSC Meeting Convened

[Politics] : South Korea’s Joint Chiefs of Staff(JCS) says North Korea fired an unidentified ballistic missile …[more…] …

President Moon to attend late president’s memorial

President Moon Jae-in will attend a memorial ceremony for late President Roh Moo-hyun, his dear friend and reason for st …

Early Bird program in Osan links high school students with their future career path

“What does architecture mean to you?” The question was posed to high school students at Osan City Hall in Gyeonggi Province on May 8. “Design,” answered Baek Jin-woo, an 18-year-old second-year stude.. …

President names new Cabinet members on finance, foreign affairs, security

PresidentMoon Jae-in announces his picks for new Cabinet members at the Chunchugwanpress center of Cheong Wa Dae on May 21. From left: senior presidentialsecretary for public relations Yoon Young-chan …

Local businesses welcome thaw between S. Korea, China

SEOUL, May 21 (Yonhap) — A thaw in deadlocked relations between South Korea and China over the deployment of an advanced U.S. ballistic missile defense system is showing signs of resuscitating vitality in exchanges in the public and private sectors be …

Defense Ministry Moves to Raise Soldiers' Salaries

[Domestic] : The Defense Ministry is internally reviewing wage increases for soldiers, which is one of the …[more…] …

Presidential envoy to ASEAN to begin tour on Sunday

SEOUL, May 20 (Yonhap) — A newly named presidential envoy to the Association of Southeast Asian Nations (ASEAN) will begin his tour of the region on Sunday. Seoul Mayor Park Won-soon, tapped by President Moon Jae-in on Friday as his special envoy …

Report: Married Women's Views on Marriage Shift Sharply

[Domestic] : A study shows that married South Korean women’s views on marriage have changed significantly this …[more…] …

Coal-fired Power Plant Retrofit Market Likely Grows Fast

After President Moon Jae-in announced his intention to shut down obsolete coal-fueled power plants in order to reduce emissions and fine dust levels, the market for power plant retrofit is likely to grow fast. Even though it is unlikely that greenfield orders would come any time soon, the retrofit market is considered a new growth engine for power plant builders. The company that will benefit most from this rising demand is Doosan Heavy Industries, the only domestic company with specialty in … …

S. Korea, Japan agree to wisely resolve row over sex slave deal: Korean envoy

South Korea and Japan have agreed to resolve a row over a 2015 deal on Japan’s wartime sexual enslavement of Korean wome …

Will South Korea adopt Bhutan’s gross national happiness policy?

Will President Moon Jae-in implement Bhutan’s “happiness policy” in South Korea? That‘s the hopeful question that people aware of Moon’s unusual connection with the country are asking South Korea’s ne.. …

Mattis: Military solution to N. Korea would be 'tragic on an unbelievable scale'

WASHINGTON, May 19 (Yonhap) — U.S. Secretary of Defense Jim Mattis said Friday that the U.S. and its partners are working to find a non-military solution to the problem of North Korea because military options would be “tragic on an unbelievable scale. …

Medical Costs of Parents Are Children's Heaviest Burden

Middle-aged people feel most burdened by medical bills when they care for their parents, a survey suggests.The Life Insurance Social Contribution Committee said on Wednesday polled 1,000 people aged 40-59 who have either lived with their parents or supported them financially. Respondents selected mu… …

Energy Solution Brand "Integrict" to Account for Large Share in Total Sales...Hyundai Electric

“I will grow our energy solution brand Integrict into an industrial platform as famous as GE’s Predix, Siemens’ MindSphere, and ABB’s Ability.” Joo Young-geol, president of Hyundai Electric & Energy System, said this on May 18 in an interview with the Korea Economic Daily, adding, “We will set our goal to make the energy solution business as our future growth engine, with the goal of making sales of 5 trillion won by 2021.” The company posted sales of 2,191 billion won last year.The brand In… …