SEOUL, Apr. 10 (Korea Bizwire) — South Korea is in talks with China and Japan to hold a long-stalled trilateral summit of their leaders around May 26-27, a news report said Wednesday. The three countries have entered into final consultations about holding the three-way summit in South Korea late next month, according to the Japanese [...]
SEOUL, Apr. 5 (Korea Bizwire) — South Korea is in talks with China and Japan to set a specific date to host a long-stalled trilateral summit next month, a foreign ministry official said Friday. “We are currently discussing the date of the summit in Seoul, and we will let you know the specific date as [...]
SEOUL, Mar. 15 (Korea Bizwire) — The unification ministry said Friday it has started discussions to draw up a new vision for unification between South and North Korea as it pushes to unveil the blueprint this year that espouses the principle of freedom. The Unification Future Planning Committee, an advisory committee launched last year designed [...]
SEOUL, Mar. 8 (Korea Bizwire) — The unification ministry said Friday it will draw up a new vision for unification between the two Koreas to include the principle of liberal democracy amid North Korea’s vow not to seek unification with the South. The government earlier said it plans to update the National Community Unification Formula, [...]
WASHINGTON, Feb. 28 (Korea Bizwire) – South Korean Foreign Minister Cho Tae-yul called on American entrepreneurs to “more actively” expand their investment in Korea, stressing Seoul’s endeavors to ensure a friendly business environment in the Asian country, his office said Wednesday. Cho made the call during Tuesday’s meeting with representatives from a series of companies, [...]
BUSAN, Nov. 26 (Korea Bizwire) — South Korea, China and Japan agreed Sunday to accelerate preparations to resume the long-stalled summit among the leaders of the three countries at an “earliest, mutually convenient” time, Seoul’s Foreign Minister Park Jin said. Park made the remarks after holding the tripartite talks with Chinese Foreign Minister Wang Yi [...]
WASHINGTON, Oct. 29 (Korea Bizwire) — The John F. Kennedy Library Foundation on Sunday presented its annual prestigious award to South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida for their efforts to improve their countries’ relations, long plagued by historical issues. The foundation honored Yoon and Kishida with the special International [...]
SEOUL, Oct. 25 (Korea Bizwire) – The Ministry of Culture, Sports and Tourism, in collaboration with the Korea Tourism Organization, has unveiled a groundbreaking tourism video, “If Van Gogh Visited Korea,” (https://www.youtube.com/watch?v=rPZGxw6Jsrg) generated using cutting-edge artificial intelligence (AI). This innovative project, released on YouTube, introduces viewers to South Korea’s iconic tourist destinations through the unique artistic [...]
SEOUL, Sept. 14 (Korea Bizwire) — Among South Korea’s top 500 listed companies, 10 firms, including Hyundai Mobis, SK Telecom, Korea Zinc and Shinsegae, have been profitable for 94 consecutive quarters. However, among the companies that have sustained long-term profitability, several have slipped to losses due to the global economic downturn and the semiconductor market slowdown, [...]
SEOUL, Sept.11(Korea Bizwire) – German automakers continue to maintain their stronghold in the South Korean import car market, and this dominance extends to the realm of electric vehicle (EV) sales as well. Recent import vehicle registration data from the Korea Association of Imported Automobile Manufacturers (KAIDA) released on Sunday reveals a substantial uptick in the number [...]