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Lee, Yoon Offer Diverging Views on Dealing with N. Korea

Lee, Yoon Offer Diverging Views on Dealing with N. Korea

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 [...]

Ruling Party’s Presidential Candidate Eyes ‘De Facto’ Unification with N. Korea

Ruling Party’s Presidential Candidate Eyes ‘De Facto’ Unification with N. Korea

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 [...]

Presidential Candidate’s Latest Pledge Raises Hopes Among Koreans Suffering from Hair Loss

Presidential Candidate’s Latest Pledge Raises Hopes Among Koreans Suffering from Hair Loss

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 [...]

Lee to Raise Election Funds via NFTs to Woo Young Voters

Lee to Raise Election Funds via NFTs to Woo Young Voters

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 [...]

Outspoken and Aggressive, Lee Jae-myung Faces Challenges Head On

Outspoken and Aggressive, Lee Jae-myung Faces Challenges Head On

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 [...]

Gyeonggi Gov. Lee Named Presidential Candidate for Ruling Party amid Swirling Corruption Scandal

Gyeonggi Gov. Lee Named Presidential Candidate for Ruling Party amid Swirling Corruption Scandal

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 [...]

Gyeonggi Governor Pledges to Distribute Universal Basic Income if Elected President

Gyeonggi Governor Pledges to Distribute Universal Basic Income if Elected President

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 [...]

Gyeonggi to Offer Universal Basic Income to Cope with Virus Fallout

Gyeonggi to Offer Universal Basic Income to Cope with Virus Fallout

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 [...]