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Possible Visit to Mt. Halla by Kim Jong-un Not Without Challenges

Possible Visit to Mt. Halla by Kim Jong-un Not Without Challenges

SEOUL, Nov. 13 (Korea Bizwire) — With media outlets speculating on the possibility of having a helicopter carrying North Korean leader Kim Jong-un land near Baengnokdam Lake on Mt. Halla in Jeju, critics are weighing on the actual feasibility of the plan. Baengnokdam is a crater situated at the peak of Mt. Halla (1,960 meters [...]

Successful Cooperation Profit Sharing Relies on Participation of Large Corporations

Successful Cooperation Profit Sharing Relies on Participation of Large Corporations

SEOUL, Nov. 7 (Korea Bizwire) — The South Korean government is striving to come up with alternative profit-sharing schemes between large corporations and small-and-medium-sized companies with the intention of promoting a more horizontal relationship between them. The government is also looking to implement a coexistence model where both large corporations and SMCs can achieve a win-win [...]

S. Korea-Japan Standoffs Deepen over WWII Forced Labor

S. Korea-Japan Standoffs Deepen over WWII Forced Labor

SEOUL, Nov. 7 (Korea Bizwire) — South Korea’s presidential office said Wednesday the leaders of South Korea and Japan are expected to skip summit talks when they attend regional forums later this month amid diplomatic standoffs over a Seoul court’s recent ruling on wartime forced labor. “It appears to be difficult under the current mood,” [...]

Former U.N. Leader Ban Ki-moon Suggests New City Paradigm of the Future

Former U.N. Leader Ban Ki-moon Suggests New City Paradigm of the Future

SEOUL, Nov. 5 (Korea Bizwire) — Addressing an audience at an international forum in Beijing yesterday, former United Nations Secretary-General Ban Ki-moon spoke of a new form of city in which work, education and medical services could all be administrated in the convenience of one’s home. As the keynote speaker at the 2018 Future Consensus [...]

S. Korea Analyzing Soil Sample from N.K.’s Nuclear Test Site: Lawmakers

S. Korea Analyzing Soil Sample from N.K.’s Nuclear Test Site: Lawmakers

SEOUL, Nov. 2 (Korea Bizwire) – South Korea’s spy agency is analyzing a soil sample collected from around North Korea’s nuclear test site, which Pyongyang demolished in May, lawmakers said Friday. In a briefing to the parliamentary intelligence committee this week, the National Intelligence Service (NIS) also said it is monitoring North Korean leader Kim Jong-un’s health [...]

98 Family Members of Korea Racing Authority Relatives Given Full-Time Positions

98 Family Members of Korea Racing Authority Relatives Given Full-Time Positions

SEOUL, Oct. 30 (Korea Bizwire) — As the issue of family members being “passed down” positions at public enterprises continues to strike controversy within society, nearly 100 relatives of current employees at the Korea Racing Authority were found to have been hired as full-time employees, a step up from their previous temporary positions. According to [...]

Japanese Lawmaker Demands “Basis” of Korea’s Territorial Rights over Dokdo

Japanese Lawmaker Demands “Basis” of Korea’s Territorial Rights over Dokdo

SEOUL, Oct. 26 (Korea Bizwire) — Kyodo News reported yesterday that “Parliamentarians Acting to Protect Japanese Territory,” a group of Japanese lawmakers, held an emergency meeting on Wednesday after which they decided to send a questionnaire to Korean lawmakers regarding their recent visit to Dokdo. According to Kyodo News, the Japanese lawmakers will be questioning [...]

S. Korea’s Local Gov’ts Speed Up Cooperation with N. Korea

S. Korea’s Local Gov’ts Speed Up Cooperation with N. Korea

BUSAN/SUWON, Oct. 25 (Korea Bizwire) — Local governments in South Korea are accelerating various exchange and cooperation projects with North Korea amid the improving inter-Korean relationship. Busan’s Vice Mayor for Economic Affairs Yoo Jae-soo, Gyeonggi Province’s Vice Governor for Peace Lee Hwa-young and Sejong City’s Vice Mayor for Political Affairs Lee Kang-jin have returned from [...]