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In Another Dramatic Twist, Leaders of Divided Koreas Hold Surprise Meeting

In Another Dramatic Twist, Leaders of Divided Koreas Hold Surprise Meeting

SEOUL, May 26 (Korea Bizwire) – South Korean President Moon Jae-in held a surprise second meeting with North Korean leader Kim Jong-un on Saturday, the presidential office Cheong Wa Dae said, in an apparent move to convince Kim to hold his scheduled summit with U.S. President Donald Trump. “President Moon Jae-in held a second summit [...]

Customs Opens Group Chat Room for Investigation into Hanjin Group

Customs Opens Group Chat Room for Investigation into Hanjin Group

SEOUL, Apr. 27 (Korea Bizwire) — South Korean customs authorities have opened a KakaoTalk group chat room for investigators of the Hanjin Group’s tax evasion and smuggling scandal. According to sources close to the government, the Korea Customs Service launched an open group chat room on messaging app KakaoTalk on Tuesday with the title ‘We are looking [...]

Leaders of Two Koreas Vow Efforts to Make ‘Good Progress’ at Summit

Leaders of Two Koreas Vow Efforts to Make ‘Good Progress’ at Summit

PANMUNJOM/GOYANG, Apr. 27 (Korea Bizwire) – South Korean President Moon Jae-in and North Korean leader Kim Jong-un vowed sincere efforts to make progress at their bilateral summit Friday in the Joint Security Area of Panmunjom, which Moon said now symbolizes peace, instead of division. The historic summit began after the leaders met for the first [...]

2 Dead, One Missing in Mine Blast

2 Dead, One Missing in Mine Blast

JEONGSEON, South Korea, April 26 (Korea Bizwire) – Two people were killed and another went missing Thursday after an explosion at a mine in a northeastern county in Gangwon Province, authorities said. The accident happened at around 3:55 p.m. when blasting work was under way in an iron mine in Jeongseon, about 150 kilometers east of Seoul. Initial reports said 14 workers were buried under the [...]

Local Governments Courting North Korea

Local Governments Courting North Korea

SEOUL, Apr. 24 (Korea Bizwire) — Municipalities across South Korea are considering cooperation with North Korea including cultural exchanges ahead of major peace talks. Buoyed by the PyeongChang Winter Olympics and the upcoming peace talks, a number of local governments are toying with the idea of resuming economic and cultural exchanges with the North, which came [...]

PM Meets with Tunisian FM, Discusses Ways to Enhance Substantial Cooperation

PM Meets with Tunisian FM, Discusses Ways to Enhance Substantial Cooperation

SEOUL, April 23 (Korea Bizwire) – Prime Minister Lee Nak-yon met with Tunisian Foreign Minister Khemaies Jhinaoui in Seoul on Monday and discussed ways to strengthen substantial cooperation between the two countries, Lee’s office said. Jhinaoui was on a visit to South Korea, leading Tunisia’s delegation to a meeting of the South Korean-Tunisian Joint Commission formed to enhance bilateral cooperation. This [...]

Seoul, Hanoi Agree to Boost Economic Cooperation

Seoul, Hanoi Agree to Boost Economic Cooperation

SEOUL, April 17 (Korea Bizwire) – The economic chiefs of South Korea and Vietnam agreed Tuesday to boost economic cooperation, with the aim of raising their bilateral trade to over US$100 billion by 2020, Seoul’s finance ministry said. During a meeting with Vietnamese counterpart Dinh Tien Dzung, Finance Minister Kim Dong-yeon called on the Vietnamese government to allow more South Korean firms to participate in the [...]

Uijeongbu City Demands Defense Ministry Examine Soil Contamination at Ex-U.S. Military Base Site

Uijeongbu City Demands Defense Ministry Examine Soil Contamination at Ex-U.S. Military Base Site

UIJEONGBU, South Korea, April 17 (Korea Bizwire) – The city government of Uijeongbu, north of Seoul, has demanded the defense ministry conduct an examination into soil contamination at a former U.S. military base site in the city, officials said Tuesday. The Uijeongbu city government bought the former Camp Sears site from the defense ministry in 2012 after the land was returned to the ministry in 2007 under a base consolidation and relocation plan, [...]