SEOUL, Mar. 27 (Korea Bizwire) — North Korea said Wednesday it will hold an international arts festival next month on the occasion of the 112th birth anniversary of the country’s late founder Kim Il-sung. Overseas troupes have sent videos of their prerecorded performances, which will be edited and broadcast on television and online, the Korean [...]
SEOUL, Mar. 27 (Korea Bizwire) – South Korea’s military seeks to acquire around 60 small and micro-sized spy satellites by 2030, a source said Wednesday, amid efforts to bolster independent monitoring capabilities against North Korean threats. The military plans to launch around 10 to 20 small-sized reconnaissance satellites and some 40 microsatellites after acquiring five [...]
SEOUL, Mar. 27 (Korea Bizwire) — Increasing the nationwide medical school admission quota is a “prerequisite” for the normalization of the country’s medical services, the interior minister said Wednesday, sticking to the government’s 2,000-seat expansion despite escalating protests from doctors. Interior Minister Lee Sang-min made the remark during a government meeting as the government-medical standoff [...]
SEOUL, Mar. 27 (Korea Bizwire) — The chief of the National Human Rights Commission on Wednesday urged each party and candidate to refrain from hate speech ahead of the April 10 parliamentary elections. Song Doo-hwan, chairman of the commission, said in a statement that state institutions, such as the National Election Commission, should declare their [...]
SEJONG, Mar. 27 (Korea Bizwire) – South Korea’s trade ministry said Wednesday it has discussed measures to bolster bilateral cooperation with Cambodia in areas including trade, infrastructure and carbon neutrality. Trade Minister Cheong In-kyo met Kem Sithan, the acting minister of Cambodia’s commerce ministry, in Phnom Penh to share ideas on ways to broaden economic [...]
SEOUL, Mar. 27 (Korea Bizwire) — South Korea and the European Union (EU) have agreed to conduct joint research projects on advanced semiconductor and next-generation communications network technologies in the next three years, Seoul’s science ministry said Wednesday. Under the agreement, South Korea and the EU will jointly invest 12 million euros (US$12.98 million) on [...]
SEOUL, Mar. 27 (Korea Bizwire) — The health ministry on Wednesday appealed to defiant junior doctors to come forward for talks with the government, as a prolonged walkout by trainee doctors has crippled major hospitals for more than five weeks. Second Vice Health Minister Park Min-soo urged defiant trainee doctors to “form a responsible delegation [...]
SEOUL, Mar. 27 (Korea Bizwire) — The number of babies born in South Korea fell to a record low for any January this year, data showed Wednesday, deepening woes about the country’s demographic picture due to rapid aging and ultra-low birth rate. A total of 21,442 babies were born in January 2024, down 7.7 percent [...]
SEOUL, Mar. 27 (Korea Bizwire) — The number of South Koreans who moved to different residences in the country rose for the fifth consecutive month in February amid rising home transactions, data showed Wednesday. Around 655,000 people changed residences last month, up 5.2 percent from a year earlier, according to the data compiled by Statistics [...]
SEOUL, Mar. 27 (Korea Bizwire) — The financial regulator announced plans Wednesday to introduce new rules on the investigation and punishment of illegal transactions involving virtual assets. The new rules will be implemented in tandem with the new Virtual Asset Users Protection Act, set to be enacted July 19, according to the Financial Services Commission [...]