SEOUL, Jan. 10 (Korea Bizwire) — President Moon Jae-in said Thursday that he plans to stick to his economic policies that are being criticized amid the slowing economy and tepid job creation, citing the need for sustainable growth. The president said that the government will make up for shortfalls if needed but that it will [...]
SEOUL, Jan. 4 (Korea Bizwire) — South Korea on Friday released its own video clip to repudiate Japan’s claims over an escalating spat involving military radar, renewing calls for Tokyo to stop distorting facts and apologize over the incident. Seoul’s defense ministry posted the video clip on YouTube, a week after Tokyo released its own [...]
SEOUL, Jan. 4 (Korea Bizwire) — An escalating spat between South Korea and Japan over a recent military radar “lock-on” incident has laid bare their deep-rooted distrust, adding to anxiety here about Prime Minister Shinzo Abe’s defense policy and further complicating Washington’s push for stronger trilateral security cooperation. The latest row is shaping up to [...]
SEOUL, Jan. 1 (Korea Bizwire) – South Korean companies that had operated factories in the now-shuttered industrial complex in North Korea’s border city of Kaesong on Tuesday hailed the North Korean leader’s willingness to reopen the factory park. In his televised New Year speech early on Tuesday, North Korean leader Kim Jong-un said he is [...]
SEOUL, Dec. 31 (Korea Bizwire) – Two out of three Seoulites said they support Kim Jong-un’s visit to Seoul. Seoul Metropolitan Government conducted an online survey of 2,000 people living in Seoul, 68 percent of whom said they support Kim Jong-un’s visit to Seoul. Another 22.4 percent said they oppose the idea. A total of [...]
SEOUL, Dec. 10 (Korea Bizwire) — Nearly half of South Korean adults are in favor of North Korean leader Kim Jong-un making an address at the National Assembly if he comes to Seoul, a poll showed Monday. The survey of 503 South Koreans nationwide by local pollster Realmeter showed 46.7 percent of respondents consenting to [...]
SEOUL, Dec. 6 (Korea Bizwire) — More than six out of 10 South Koreans are in favor of North Korean leader Kim Jong-un’s potential visit to Seoul on hopes for peace on the Korean Peninsula, a poll showed Thursday. In a survey of 500 adults nationwide, 61.3 percent of respondents said that they welcome Kim’s [...]
SEOUL, Nov. 30 (Korea Bizwire) — A bill that obligates mobile service providers to compensate for network errors passed the Science, ICT, Broadcasting, and Communications Committee at the National Assembly on Thursday. The news comes after KT Corp.’s Ahyeon Branch Office in Seoul recently caught fire, shutting down mobile and Internet network traffic in the [...]
SEOUL, Nov. 22 (Korea Bizwire) – In a 1999 hit comedy movie, a hooligan protagonist brags of his secret to confronting several enemies at once alone: “Beat only one guy.” The infamous phrase is now the title of a series of political shows featured on the YouTube channel run by Kim Sung-tae, the floor leader [...]
SEOUL, Nov. 21 (Korea Bizwire) — A major South Korean labor umbrella group staged a one-day strike across the country Wednesday as a show of opposition to political parties’ move to revise a new work-hour system and demand the abolition of non-regular jobs. The Korean Confederation of Trade Unions (KCTU) said over 90,000 affiliated unionized [...]