SEOUL, Feb. 19 (Korea Bizwire) — About 46 percent of Seoul residents in their 20s and 30s identify as progressive, nearly three times those leaning conservative, a survey showed Saturday. Seoul Institute, which is funded by the city government, unveiled the results of its recent survey of 1,000 citizens in those age groups about their [...]
SEOUL, Feb. 15 (Korea Bizwire) – Latvia is investigating a local bank suspected of illegal trading related to North Korea’s weapons system, the Latvian top diplomat said Wednesday. The investigation comes as the United States has reportedly imposed sanctions on the Latvian bank ABLV for its financial transactions with North Korean entities blacklisted by the United Nations Security Council. The Latvian bank’s financial transactions contributed to North Korea’s illicit procuring for or [...]
SEOUL, Feb. 8 (Korea Bizwire) – South Korean President Moon Jae-in and Polish President Andrzej Duda agreed Thursday to enhance the countries’ bilateral cooperation in the energy and infrastructure sectors. In their bilateral summit, held at Seoul’s presidential office Cheong Wa Dae, the heads of state noted the countries’ relationship and cooperation have steadily improved [...]
SEOUL, Feb. 8 (Korea Bizwire) – South Korean President Moon Jae-in reaffirmed his commitment to the alliance with the United States as the pillar for denuclearizing North Korea during his meeting with U.S. Vice President Mike Pence on Thursday. The U.S. official arrived in Seoul earlier in the day to attend Friday’s opening of the Winter Olympic Games in PyeongChang, located some 180 kilometers east [...]
SEOUL, Feb. 6 (Korea Bizwire) – South Korea’s foreign ministry reaffirmed Tuesday that it will not use a unification flag showing its eastern islets of Dokdo during the upcoming Winter Olympics, out of respect for the International Olympic Committee’s recommendation to not politicize sports events. This comes after Japan expressed concerns over the hoisting of [...]
SEOUL, Feb. 5 (Korea Bizwire) – The top nuclear envoys of South Korea and the United States discussed ways to channel the reconciliatory mood created by North Korea’s participation in the upcoming Winter Olympics into resumption of talks aimed at “peacefully” resolving the nuclear stalemate, the foreign ministry said Monday. Lee Do-hoon, special representative for Korean Peninsula peace and security affairs, and his U.S. counterpart, [...]
BEIJING, Feb. 2 (Korea Bizwire) – The top economic policymakers of South Korea and China agreed to boost bilateral tourism and economic cooperation, Seoul’s finance ministry said Friday, in a sign that Beijing may stop its retaliation against South Korean companies over the stationing of a U.S. missile system. The agreement came after talks between [...]
SEOUL, Feb. 1 (Korea Bizwire) – South Korea’s science and technology capabilities ranked seventh among the 34 member states of the Organization for Economic Cooperation and Development (OECD) in 2017, a state-run think tank said Thursday. The Korea Institute of S&T Evaluation and Planning (KISTEP) said the evaluation was based on a total of five categories: research environment, support from both [...]
SEOUL, Feb. 1 (Korea Bizwire) – South Korea’s top military official traveled to Thailand on Thursday in a bid to promote bilateral defense industry cooperation, with the contracted deliveries of T-50 supersonic trainer jets under way. In talks with his Thai counterpart, Prawit Wongsuwon, in Bangkok, Defense Minister Song Young-moo reaffirmed South Korea’s bid to [...]
SEOUL, Jan. 31 (Korea Bizwire) – The presidential office Cheong Wa Dae formally invited former President Lee Myung-bak Wednesday to PyeongChang Olympic ceremonies that will include an opening reception for visiting heads of state. The invitation was delivered in person by Han Byung-do, senior secretary for political affairs to President Moon Jae-in. Cheong Wa Dae earlier said the invitation to the opening and closing ceremonies of the Feb. 9-25 PyeongChang Winter Olympic Games was [...]