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PyeongChang, Beijing Sign Cooperative Agreement on Successful Winter Olympics

PyeongChang, Beijing Sign Cooperative Agreement on Successful Winter Olympics

SEOUL, Dec. 14 (Korea Bizwire) – The South Korean and the Chinese host cities of the next two Winter Olympics reached a cooperative agreement Thursday to ensure the success of their events. Lee Hee-beom, the top organizer for the 2018 PyeongChang Winter Olympics, and Cai Qi, his counterpart for Beijing 2022, signed their memorandum of understanding (MOU) on mutual exchange and cooperation in a ceremony at [...]

S. Korean President Named ‘Global Rethinker’ of 2017

S. Korean President Named ‘Global Rethinker’ of 2017

SEOUL, Dec. 5 (Korea Bizwire) — South Korean President Moon Jae-in has been named a global rethinker by Foreign Policy, a U.S. magazine, which cited his “forceful push for peace,” the presidential office Cheong Wa Dae said Tuesday. Moon was among dozens of global figures who, according to the prestigious magazine, “together found amazing ways [...]

Moon Vows Support for Quake Victims

Moon Vows Support for Quake Victims

SEOUL, Nov. 16 (Korea Bizwire) – President Moon Jae-in on Thursday offered consolation to people displaced by the latest earthquake in the southeastern city of Pohang, pledging all-out efforts to help all those affected by the quake. “I offer my word of consolation to residents of Pohang and surrounded areas affected by the quake,” the president said in a message [...]

Global Market Improvements Fuel Upturn in S. Korea Economy Under President Moon

Global Market Improvements Fuel Upturn in S. Korea Economy Under President Moon

SEJONG, Nov. 10 (Korea Bizwire) — When President Moon Jae-in took office after his victory in the unprecedented presidential by-election in May, he was confronted with tough challenges ranging from social upheaval caused by his predecessor to heightened regional diplomatic and military tensions. One of the biggest issues confronting the chief executive was finding a [...]

Leaders of S. Korea, Indonesia Agree to Upgrade Ties, Urge N. Korea to Give up Nukes

Leaders of S. Korea, Indonesia Agree to Upgrade Ties, Urge N. Korea to Give up Nukes

JAKARTA, Nov. 9 (Korea Bizwire) — The presidents of South Korea and Indonesia agreed Thursday to upgrade their relations to “special strategic partnership” to push forward all-compassing cooperation in economy, culture, politics and security issues. During their summit, Presidents Moon Jae-in and Joko Widodo also pledged efforts to sharply increase bilateral trade and diversify business [...]