SEOUL, Sept. 14 (Korea Bizwire) — North Korean leader Kim Jong-un has invited Russian President Vladimir Putin to visit his country during their summit at Russia’s spaceport, and Putin accepted the offer, Pyongyang’s state media reported Thursday, as the two isolated countries seek to bolster ties. Kim made the invitation at an official dinner with [...]
SEOUL, Sept. 14 (Korea Bizwire) — South Korea has imported urea from China normally and the domestic supply remains stable, Seoul’s industry ministry said Thursday, dismissing concerns of a shortage over some exporters’ recent cut in shipments of the industry substance. Some Chinese urea exporters announced a plan to reduce their export volume, though the South Korean [...]
SEOUL, Sept. 14 (Korea Bizwire) — Low-income South Koreans with income levels below the national average tend to opt for early old-age pensions, while higher-income individuals delay receiving their old-age pensions to benefit from a larger pension payout, recent statistics show. According to data that Han Jeoung-ae, a Democratic Party lawmaker and member of the National [...]
SEOUL, Sept. 13 (Korea Bizwire) — A new facility that creates hydrogen without releasing harmful greenhouse gases has been constructed at the Seongnam Metropolitan Water Purification Plant. On Wednesday, the Ministry of Environment and the Korea Water Resources Corp. announced that they will hold a ceremony on September 14 to celebrate the completion of [...]
SEOUL, Sept. 13 (Korea Bizwire) – North Korean leader Kim Jong-un told Russian President Vladimir Putin that Pyongyang supports Moscow’s “sacred fight” against the West as the two isolated leaders held a rare summit in Russia on Wednesday, amid concerns that they may advance an arms negotiation and bolster military cooperation. With the participation of [...]
SEOUL, Sept. 13 (Korea Bizwire) – The government has received no requests from Tokyo to expand imports of Japanese seafood and plans to maintain the import ban as is, officials said Wednesday, denying a news report that Japan is trying to increase seafood exports to South Korea. Vice Oceans Minister Park Sung-hoon made the remark [...]
SEOUL, Sept. 13 (Korea Bizwire) — South Korea seeks to expand ties with Africa in key areas, such as agriculture, biohealth and climate change, to strengthen a mutually beneficial partnership with the continent, the finance ministry said Wednesday. Finance Minister Choo Kyung-ho made the remark during the opening speech of the seventh Korea-Africa Economic Cooperation [...]
SEOUL, Sept. 13 (Korea Bizwire) — South Korea’s industry ministry said Wednesday it discussed ways with Airbus Defense and Space to boost cooperation on the development of next-generation fighter jets and other advanced technologies. First Vice Industry Minister Jang Young-jin met with Airbus DS CEO Michael Schoellhorn in Seoul, and exchanged opinions on details about [...]
SEOUL, Sept. 13 (Korea Bizwire) — The Seoul city government on Wednesday launched the first municipal body exclusively dedicated to supporting stalking victims as the country is grappling with a rise in stalking crimes. Seoul Mayor Oh Se-hoon signed an agreement with Kim Gwang-ho, chief of the Seoul Metropolitan Police Agency (SMPA), to establish a [...]
SEOUL, Sept. 13 (Korea Bizwire) — North Korean leader Kim Jong-un and Russian President Vladimir Putin were set to hold a rare summit in Russia, with the two isolated leaders expected to advance an arms negotiation and bolster military cooperation. Analysts have predicted that North Korea may agree to supply Russia with ammunition and weaponry [...]