SEOUL, Jan. 29 (Korea Bizwire) — A minor presidential candidate known for his eccentric campaign pledges and behavior has stopped making phone calls encouraging people to vote following complaints the constant reminders were getting on their nerves. Huh Kyung-young, the candidate of the National Revolutionary Party, began calling millions of voters in November using automated [...]
SEOUL, Jan. 20 (Korea Bizwire) — Ruling party presidential candidate Lee Jae-myung again voiced skepticism Thursday over whether to grant special favors to K-pop superstar BTS for its mandatory military service. Lee of the liberal Democratic Party was asked at a campaign event about his views on the long-running issue of whether the septet should [...]
SEOUL, Jan. 20 (Korea Bizwire) — Main opposition presidential candidate Yoon Suk-yeol vowed Thursday to deregulate the virtual asset industry to further promote its growth. Yoon of the conservative People Power Party said the industry should be allowed to operate without regulations unless they have been explicitly prohibited. “To realize the unlimited potential of the [...]
SEOUL, Jan. 19 (Korea Bizwire) — Ruling party presidential candidate Lee Jae-myung said Wednesday he will institutionally recognize the virtual asset industry and guarantee various business opportunities. Lee of the Democratic Party made the remarks in a meeting with heads of the nation’s four major cryptocurrency exchanges and industry experts in Seoul, apparently targeting voters [...]
SEOUL, Jan. 19 (Korea Bizwire) — Main opposition presidential candidate Yoon Suk-yeol pledged Wednesday to ease the tax burden on profits from cryptocurrency investments by raising the threshold from the current 2.5 million won (US$2,097) to 50 million won. Yoon of the conservative People Power Party announced the pledge at the party’s headquarters, saying he [...]
SEOUL, Jan. 17 (Korea Bizwire) — Ruling party presidential candidate Lee Jae-myung has called for simultaneously pursuing North Korea’s denuclearization and sanctions relief, while his main opposition rival Yoon Suk-yeol has vowed to strengthen the extended deterrence provided by the United States. Lee of the liberal ruling Democratic Party and Yoon of the conservative People [...]
SEOUL, Jan. 16 (Korea Bizwire) — Ruling party presidential candidate Lee Jae-myung said Sunday he would seek a “de facto state” of inter-Korean unification based on coexistence and mutual prosperity in a short-term and rather realistic goal if he gains power. Lee of the liberal Democratic Party made the remark during a visit to the [...]
SEOUL, Jan. 14 (Korea Bizwire) — Ruling party presidential candidate Lee Jae-myung said Friday he will add hair loss to ailments covered by national health insurance as previously suggested by his campaign. The idea of getting the state to cover the cost of hair loss treatment generated a huge public response last week as supporters [...]
SEOUL, Jan. 13 (Korea Bizwire) — Foreign investors have been buying shares of the firm founded by Ahn Cheol-soo, the presidential candidate of the minor opposition People’s Party and the largest shareholder. According to the Korea Exchange, foreigners recorded net purchases of more than 170,000 shares of AhnLab Inc., South Korea’s biggest anti-virus software company, [...]
SEOUL, Jan. 10 (Korea Bizwire) — A Cold War-era slogan calling for “annihilating communism” has sprung back to life in South Korea’s presidential race after a business tycoon used the expression to criticize China and North Korea and conservatives turned it into a meme. Shinsegae Group Vice Chairman Chung Yong-jin prompted the creation of the [...]