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Jeju Peace Forum to Kick Off This Week with Focus on Regional, Global Security Challenges

Jeju Peace Forum to Kick Off This Week with Focus on Regional, Global Security Challenges

JEJU/SEOUL, May 27 (Korea Bizwire) — An annual international peace forum was set to kick off on South Korea’s southern island of Jeju this week, focusing on peace and security challenges in regions and beyond, according to its organizer on Tuesday. The 20th Jeju Forum for Peace and Prosperity is scheduled to take place at [...]

Acting President Vows to Provide Unsparing Support to Aerospace Industry

Acting President Vows to Provide Unsparing Support to Aerospace Industry

SACHEON, South Korea, May 27 (Korea Bizwire) — Acting President Lee Ju-ho said Tuesday the government will provide unsparing support to the aerospace industry. Lee made the remark during a ceremony marking the inaugural Aerospace Day at the headquarters of the Korea AeroSpace Administration (KASA) in Sacheon, 291 kilometers southeast of Seoul. “The government will [...]

Think Tank Slashes S. Korea’s 2025 Growth Outlook to 1 Pct Amid Sluggish Exports

Think Tank Slashes S. Korea’s 2025 Growth Outlook to 1 Pct Amid Sluggish Exports

SEOUL, May 27 (Korea Bizwire) – South Korea’s state-run think tank on Tuesday sharply cut its growth forecast for the local economy this year to 1 percent, citing a slowdown in exports and domestic consumption. The revised projection by the Korea Institute for Industrial Economics and Trade (KIET) represents a 1.1 percentage-point drop from its [...]

Tentative Overseas Voter Turnout for June Presidential Election at Record High of 79.5 Pct

Tentative Overseas Voter Turnout for June Presidential Election at Record High of 79.5 Pct

SEOUL, May 26 (Korea Bizwire) — The preliminary overseas voter turnout for the June 3 presidential election has reached a record high of 79.5 percent, the election watchdog said Monday. Of an estimated 1.97 million eligible overseas voters, 205,268 out of 258,254 people registered on the voter roll cast their ballots during the six-day overseas [...]

Judges’ Meeting Ends Without Response to Controversy Over Lee’s Election Law Violation Case

Judges’ Meeting Ends Without Response to Controversy Over Lee’s Election Law Violation Case

SEOUL, May 26 (Korea Bizwire) – A meeting of judges nationwide ended Monday without issuing a response to the controversy surrounding presidential candidate Lee Jae-myung’s election law violation case. The extraordinary meeting of the National Council of Judges was held at the Judicial Research and Training Institute in Goyang, northwest of Seoul, with 87 to [...]

KickFlip Channels Rebellious Schoolboy Energy in ‘Kick Out, Flip Now!’

KickFlip Channels Rebellious Schoolboy Energy in ‘Kick Out, Flip Now!’

SEOUL, May 26 (Korea Bizwire) – KickFlip, a new boy group from JYP Entertainment, expressed strong confidence in its upcoming album Monday, which it says radiates the rebellious energy of schoolboys. “We wanted to make an album that leaves KickFlip’s mark, like stamping it down,” member Donghyeon said during a media showcase in Seoul for [...]

Investigation Into SK Telecom Data Breach Expands to KT, LG Uplus, Naver, Kakao: Sources

Investigation Into SK Telecom Data Breach Expands to KT, LG Uplus, Naver, Kakao: Sources

SEOUL, May 26 (Korea Bizwire) — A joint government-private investigation team looking into SK Telecom Co.’s recent large-scale data breach has extended its probe to the servers of other major mobile carriers and platform companies, but found no signs they have been compromised, industry sources said Monday. Initially, the team had asked local telecommunications and [...]