SEOUL, July 10 (Korea Bizwire) — President Lee Jae Myung called for efforts Thursday to mend strained inter-Korean ties, saying peace between the two Koreas is the most realistic and practical path to ensuring national security. Lee made the remarks while presiding over a National Security Council (NSC) meeting, the first since he took office [...]
SEOUL, July 7 (Korea Bizwire) — President Lee Jae Myung on Monday urged for swift action regarding parliamentary vetting of his Cabinet member picks and key legislation during a dinner meeting with members of the ruling Democratic Party (DP), sources said. At the meeting held at the presidential residence, Lee requested attendees to see that [...]
SEOUL, July 7 (Korea Bizwire) — Prime Minister Kim Min-seok was inaugurated Monday at a ceremony in the central administrative city of Sejong, where he plans to remain the rest of the week to focus on regional development issues. Kim’s inauguration took place four days after the National Assembly confirmed his nomination in a vote [...]
SEOUL, July 4 (Korea Bizwire) – President Lee Jae Myung on Friday called for balanced economic growth and regional development, as the nation grapples with slow economic growth and rising income equality. Lee said business conglomerates, or chaebol, have helped South Korea achieve a developed nation at a time of rapid economic growth, but it [...]
SEOUL, July 4 (Korea Bizwire) — A parliamentary subcommittee passed an extra budget bill worth 31.8 trillion won (US$23.3 billion), lawmakers said Friday, with the ruling Democratic Party (DP) vowing to unilaterally pass the bill at the National Assembly’s plenary session later in the day. Lawmakers of the main opposition People Power Party (PPP) walked [...]
SEOUL, July 4 (Korea Bizwire) – The presidential office on Friday called for comprehensive measures to prevent residential fires following recent tragedies in which children died in apartment fires while their parents were away. On Wednesday, two girls, aged 8 and 6, were found dead after a fire broke out in their apartment in Busan. [...]
SEOUL, July 4 (Korea Bizwire) — Yongsan District in central Seoul has completed a cutting-edge urban design project aimed at crime prevention in Cheongpa-dong, an area with a high concentration of single female households, officials announced Thursday. The initiative, led in partnership with Sookmyung Women’s University’s environmental design department, integrates smart technologies and tailored spatial [...]
SEOUL, July 3 (Korea Bizwire) — President Lee Jae Myung on Thursday called for sufficient dialogue with trainee doctors to help resolve the prolonged medical impasse. Lee gave the instruction to his senior aides as thousands of trainee doctors have left their jobs since February last year in protest against the government’s medical reform. “Regarding [...]
SEOUL, July 3 (Korea Bizwire) — Han Seong-sook, the nominee for the minister of small and medium-sized enterprises (SMEs) and startups, has decided to sell her 2.3 billion-won (US$1.69 million) stake in Naver Corp., where she previously served as chief executive officer (CEO), once she takes office, government sources said Thursday. She currently holds nearly [...]
SEOUL, July 3 (Korea Bizwire) — President Lee Jae Myung had a luncheon with the leaders of five minor political parties on Thursday and exchanged views on political and social issues, the presidential office said. Attending the meeting at the presidential residence were Kim Sun-min of the Rebuilding Korea Party; Cheon Ha-ram of the New [...]