Post Tagged with: "Korea News"

Parliament passes 11.03 tln won extra budget bill

SEOUL, July 22 (Yonhap) — South Korea’s parliament on Saturday passed an 11.03 trillion won (US$9.8 billion) extra budget bill after marathon negotiations over what President Moon Jae-in has promoted as a vital tool to create jobs and prop up economic …

South Korea urges North toward dialogue

Spokesperson Moon Sang-gyun from the Ministry of National Defense gives a briefing on the dialogue Seoul offered Pyongyang, on July 21. (Yonhap News) By Hur SomEe and Kim Young ShinThe South Korean …

Moon says job creation a fundamental solution to boosting birth rate

President Moon Jae-in again stressed the importance of creating new jobs Friday, calling it a fundamental solution to mo …

Joint Survey Reveals Disparity in Public Perception of Seoul-Tokyo Deal

[International] : A joint survey shows that more than half of South Koreans are critical of the 2015 Seoul-Tokyo …[more…] …

160,000 Public Sector Workers Will Get Regular Worker Status

Fixed-term employees and dispatched workers in 852 government offices and state-run entities will be given the status of regular workers. Of the total 310,000 workers, as many as 160,000 will be offered the designation. The government held on July 20 a meeting and decided a plan to switch public sector temporary workers into regular one. Those eligible for the offer are among 310,000 workers who are expected to work more than nine months. Previously the government stipulated the eligibility “… …

THAAD electromagnetic wave testing testing delayed due to opposition from local residents

South Korea’s Defense Ministry was planning to measure the safety of the electromagnetic waves of THAAD’s X-band radar on July 21, but it postponed the test by one week because of opposition from loca.. …

Welfare minister to spearhead welfare expansion: observers

SEOUL, July 21 (Yonhap) — Health and Welfare Minister Park Neung-hoo is forecast to aggressively push forward welfare expansion that could entail tax hikes, local observers said Friday. During a confirmation hearing held at the National Assembly e …

[Weekender] Olympics, vacation home boom revitalize coastal towns

GANGNEUNG/SOKCHO, Gangwon Province – Gangwon Province and its coastal towns used to be the less developed and less popul …

Apple Turns to LG for iPhone 9 Batteries

Apple has chosen LG Chem to supply batteries for the iPhone 9 set to be unveiled in 2018, it emerged on Thursday. Apple wants to use LG’s proprietary L-shaped batteries, but it remains to be seen whether the Korean firm will be the sole supplier. Apple has so far bought batteries from a range of s… …

Moon: Fiscal Policy Should Play More Active Role

[Politics] : President Moon Jae-in has emphasized a more active government role in addressing the country’s …[more…] …

White House cites start of KORUS renegotiations as accomplishment

By Lee Haye-ah WASHINGTON, July 20 (Yonhap) — The White House on Thursday cited the Donald Trump administration’s launch of a process to renegotiate the bilateral free trade agreement with South Korea as an accomplishment during the president’s first …

TB infection at mass facilities on rise: report

Suspected cases of tuberculosis outbreaks at mass facilities more than tripled in South Korea over the past three years, …

LG Chem Breaks 12 Tril. Won Mark in First Half Sales

LG Chem, the largest chemical company in Korea, set a string of new earnings records in the second quarter of this year. Its quarterly sales reached an all-time high, while its operating profit hit the highest in six years. Boosted by the strong second-quarter results, its first-half sales broke the 12-trillion-won level, the highest in its history. LG Chem announced on July 19 that it posted consolidated sales of 6.38 trillion won and consolidated operating profit of 726.9 billion won… …

Police Reform Commission recommends fact finding to make police more sensitive to human rights

The Police Reform Commission, chaired by Park Gyeong-seo, which was launched last month to devise a reform plan to make the police more sensitive to human rights, recommended the establishment of a fa.. …

Moon Mustn't Railroad Through the End of Nuclear Power

President Moon Jae-in has backed off some way from his campaign pledge to stop the construction of two new nuclear power plants. In a meeting with the heads of the four major parties on Wednesday, Moon promised to ask the public whether they want him to revise or maintain his promise. Cheong Wa Dae … …

Gov't to host war history camp for U.S. teachers

SEOUL, July 20 (Yonhap) — The South Korean government has invited some U.S. teachers to an annual program meant to enhance public awareness on the historic meaning of the 1950-53 Korean War, a related ministry said Thursday. The weeklong camp to o …

Finance Minister Calls for Economic Paradigm Shift

[Economy] : Finance Minister Kim Dong-yeon has called for fundamental measures to address structural problems of the South Korean economy such as protracted low growth and polarization.[more…] …

President Moon unveils five-year policy agenda

President Moon Jae-in announces the five-year policy agenda for his new administration, at Cheong Wa Dae on July 19. By Sohn JiAe Photos = Cheong Wa Dae July 19, 2017 l Cheong Wa Dae “The …

Park refuses to appear at Samsung heir apparent Lee’s trial

Former President Park Geun-hye, who is on trial for a string of corruption charges, refused to take the witness stand We …

11 years after US decamped, military base in Busan still festering with pollution

Between Gaegeum Station and Dong-eui University Station on line two of the Busan subway system is the polluted site of a former American military base. The site occupies 29,354 square meters of the Do.. …