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Hyundai Asan Seeks Governmnet Approval to Visit North Korea for Memorial Service

Hyundai Asan Seeks Governmnet Approval to Visit North Korea for Memorial Service

SEOUL, July 18 (Korea Bizwire) – Hyundai Asan Corp. on Tuesday asked the government to give permission to visit North Korea next month to mark the anniversary of the death of its former chairman, the company said. The memorial service for Chung Mong-hun, who spearheaded the now-suspended inter-Korean tour program in the North, had been [...]

S. Korea Considers Private Funding for New Military Capabilities

S. Korea Considers Private Funding for New Military Capabilities

SEOUL, Jul. 18 (Korea Bizwire) — South Korea’s military is mulling over partly financing major firepower projects with private funds, an official said Tuesday. South Korea is pushing for the establishment of a “three-axis” platform to help defend itself against North Korea’s growing nuclear and missile threats. The three elements are the Kill Chain pre-emptive [...]

Tweets Supporting K-Pop Boy Band EXO Found to Originate in North Korea

Tweets Supporting K-Pop Boy Band EXO Found to Originate in North Korea

SEOUL, Jul. 13 (Korea Bizwire) — Data published from Twitter earlier this week suggests some users have sent tweets about South Korean boy band EXO from North Korea, a country where enjoying South Korean pop culture could land you in jail. Over 11 million tweets were made about the popular South Korean boy band around [...]

South Korea’s Nuke Envoy Joins Regional Security Meeting in Singapore

South Korea’s Nuke Envoy Joins Regional Security Meeting in Singapore

SEOUL, July 7 (Korea Bizwire) – The top nuclear envoy of South Korea will join a regional security conference to be held next week in Singapore, where he will discuss with his counterparts from the United States and Japan countermeasures against North Korea’s recent missile provocation, the foreign ministry said Friday. The Northeast Asia Cooperation [...]

North Korea to Make ‘Important Announcement’ This Afternoon

North Korea to Make ‘Important Announcement’ This Afternoon

SEOUL, July 4 (Korea Bizwire) – North Korea said Tuesday that it will make an “important announcement” at 3 p.m. (Pyongyang time) after it launched a ballistic missile earlier in the day. North Korea will make a special announcement, the state-run radio station said, without elaborating. The North fired an unidentified ballistic missile in its [...]

Seoul Raises Concerns Over False Foreign Reports of Inter-Korean Ties

Seoul Raises Concerns Over False Foreign Reports of Inter-Korean Ties

SEOUL, June 30 (Korea Bizwire) – South Korea on Friday expressed concerns that some foreign media outlets’ “groundless” reports could hamper inter-Korean relations, apparently pointing to a Japanese report on Seoul’s alleged attempt to implement regime change in North Korea. Japan’s Asahi Shimbun said Monday that the administration of former South Korean Park Geun-hye attempted [...]

Nearly 80 % of South Koreans Approve Resumption of Inter-Korean Dialogue

Nearly 80 % of South Koreans Approve Resumption of Inter-Korean Dialogue

SEOUL, June 22 (Korea Bizwire) – Nearly 80 percent of South Koreans support a resumption of long-suspended inter-Korean dialogue, a survey by a presidential advisory panel showed Thursday, indicating strong backing for the policy line of new President Moon Jae-in. In the survey by the National Unification Advisory Council, 76.9 percent of respondents said South Korea should [...]