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. 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. 5 (Korea Bizwire) — Online communities related to hair loss were full of excitement amid news that Democratic Party presidential candidate Lee Jae-myung is reviewing the idea of extending coverage under the national health insurance plan to hair loss medication as one of his presidential pledges. An official from the party’s campaign committee [...]
SEOUL, Jan. 2 (Korea Bizwire) — Ruling party presidential nominee Lee Jae-myung plans to raise election funds via a blockchain-based digital platform to draw support from tech-savvy young voters, his campaign said Sunday. The Democratic Party (DP) will issue non-fungible tokens (NFTs) that include Lee’s image and election pledges to those who send money to [...]
SEOUL, Oct. 10 (Korea Bizwire) — Lee Jae-myung has been known to be an aggressive public administrator whose relentless drive to get things done, often in sensational ways, landed him the presidential nomination of the ruling liberal Democratic Party on Sunday. The 56-year-old governor of Gyeonggi, South Korea’s most populous province, is a self-professed champion [...]
SEOUL, Oct. 10 (Korea Bizwire) — Gyeonggi Gov. Lee Jae-myung won the ruling Democratic Party’s nomination for president Sunday, a widely expected victory for a man championing universal basic income and other sweeping welfare programs amid concern a deepening corruption scandal involving a close aide could dog him through the race. The 56-year-old human rights [...]
SEOUL, July 22 (Korea Bizwire) — Gyeonggi Province Gov. Lee Jae-myung, the front-running presidential contender for the ruling Democratic Party, made a campaign pledge Thursday to distribute universal basic income of up to 2 million won (US$1,736) per year to all citizens. “Within the (five-year) term of the next administration, (I) will provide 2 million [...]
SEOUL, March 24 (Korea Bizwire) — Gyeonggi Province, which surrounds Seoul, announced Tuesday it will pay 100,000 won (US$79.85) per person to all its residents in April to cope with the economic impact of the coronavirus outbreak. Gyeonggi will be the first local government in South Korea to provide universal “anti-disaster basic income,” while a [...]
SEOUL, Apr. 5 (Korea Bizwire) — Seoul Mayor Park Won-soon was given a true surprise gift by a Chinese guest making a friendly visit to South Korea on Friday — a portrait of a political rival. Ma Xingrui, governor of the southern Chinese province of Guangdong, and a delegation of the province’s business leaders visited [...]