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Ruling Party and Opposition Divided on “Phasing Out” of Nuclear Power

Ruling Party and Opposition Divided on “Phasing Out” of Nuclear Power

SEOUL, Oct. 17 (Korea Bizwire) — The ruling party and its opposition clashed once again regarding President Moon Jae-in’s “nuclear power phase out” plan during the national audit regarding the issue by lawmakers within the National Assembly’s Trade, Industry, Energy, SMEs, and Startups Committee. Ruling party lawmakers lauded President Moon’s policy on phasing out nuclear [...]

76 pct of Luxury Imported Vehicles Registered for Corporate Use

76 pct of Luxury Imported Vehicles Registered for Corporate Use

SEOUL, Oct. 16 (Korea Bizwire) — More than 7 out of 10 luxury imported vehicles selling for more than 100 million won each have been registered under corporate entities, prompting critics to call for an investigation to verify whether the vehicles have been inappropriately registered for the purpose of evading taxes. According to data submitted [...]

President Moon: “Let Jeju Naval Base Become a Base for Peace”

President Moon: “Let Jeju Naval Base Become a Base for Peace”

SEOUL, Oct. 12 (Korea Bizwire) — After President Moon Jae-in’s appearance at the Korea International Fleet Review taking place on Jeju Island, the president also took time to visit the nearby Gangjeong Village on the southern coast of the island, the subject of various controversies surrounding the construction of the Jeju Naval Base. According to [...]

Trump’s Wording Triggers Controversy in S. Korea

Trump’s Wording Triggers Controversy in S. Korea

SEOUL, Oct. 11 (Korea Bizwire) — A controversy has erupted in South Korea over U.S. President Donald Trump’s choice of words in a comment regarding South Korea’s sanctions on North Korea. Trump was responding to a reporter’s question about reports from Seoul that South Korea is considering lifting some sanctions against North Korea. “Well, they [...]

Civic Action Coalition Calls for Higher Tax Rates for Property Owners

Civic Action Coalition Calls for Higher Tax Rates for Property Owners

SEOUL, Oct. 10 (Korea Bizwire) —Various civic groups that claim the problem of land speculation in Korea cannot be overcome without increasing property holding tax have come together to launch a civic action coalition calling for stronger measures. Civic groups such as Citizens’ Coalition for Economic Justice and Mibyun’s Committee on People’s Livelihood & Economy [...]

Marriage Visa Rule Change Encourages Korean Spouses to Learn Foreign Language

Marriage Visa Rule Change Encourages Korean Spouses to Learn Foreign Language

SEOUL, Oct. 9 (Korea Bizwire) – A recent legislative change will make it easier for an immigrant spouse to acquire a South Korean visa if his or her Korean partner is willing to learn the spouse’s mother tongue. The Ministry of Justice announced Monday that the Korean language qualification required for a marriage visa will [...]

Single Moms Ask Government for Help with Deadbeat Ex-Husbands

Single Moms Ask Government for Help with Deadbeat Ex-Husbands

SEOUL, Oct. 9 (Korea Bizwire) –Single mothers struggling without financial support from their former spouses have called on the South Korean government to help pay for childcare. Members of Childcare Expense Solution (CES) held a press conference on Monday in front of the National Assembly urging government action as they emphasized substitute payment for childcare [...]

Simple Armed Forces Day Ceremony in “Consideration for Soldiers”

Simple Armed Forces Day Ceremony in “Consideration for Soldiers”

SEOUL, South Korea, Oct. 3 (Korea Bizwire) –Asked about the simplified process of the Armed Forces Day ceremony held last Monday, Blue House spokesperson Kim Eui-kyeom delivered President Moon Jae-in’s stance that “it was not only a sign of peace, but also a consideration to soldiers.” At a morning session with his aides on Tuesday, [...]

DMZ Demining Operations Lay Groundwork for Peninsula Peace

DMZ Demining Operations Lay Groundwork for Peninsula Peace

CHEORWON, South Korea, Oct. 3 (Korea Bizwire) –After a 15-minute bumpy ride along a dusty, hilly path inside the Demilitarized Zone (DMZ), dozens of South Korean troops in full gear disembarked near a grisly site of intense battles during the 1950-53 Korean War. Accompanying them in the buffer zone separating the two Koreas was a [...]