SEOUL, May 12 (Korea Bizwire) – Courting North Korea’s dysfunctional leader Kim Jong-un, and soothing tensions over the THAAD missile system with China – a conflict expected to cost South Korea billions of dollars – are likely the most urgent diplomatic issues to be tackled by newly elected President Moon Jae-in. But to its east, [...]
SEOUL, May 12 (Korea Bizwire) — Exuding confidence, motherly warmth and down-to-earthness, new first lady Kim Jung-sook has garnered as much public attention as her husband Moon Jae-in who scored a resounding victory in Tuesday’s presidential election. Waving and giving a thumbs up to Moon’s well-wishers and other citizens, a beaming Kim has been alongside [...]
SEOUL, May 11 (Korea Bizwire) – Now that South Korea’s newly elected president Moon Jae-in has been sworn into office, public attention is turning to whether his pets – rescued dog Maru and cat Jjingjjingi – will accompany him to the Blue House as the very first First Dog from a shelter and First Cat in [...]
SEOUL, May 11 (Korea Bizwire) – President Moon Jae-in on Wednesday promised to begin what he calls a “Gwanghwamun Presidency.” Gwanghwamun Square in central Seoul was the main stage for the candlelight protests demanding President’s Park Geun-hye’s resignation (or impeachment), gathering millions of Koreans from across the country. But even before the mass rallies, the area [...]
SEOUL, May 11 (Korea Bizwire) – Books about the newly elected president of South Korea are selling like hotcakes, with sales of some books up fourfold as public interest in Moon Jae-in is peaking after he was sworn into office yesterday. Among the books, Mon’s autobiography “The Fate of Moon Jae-in” is proving particularly popular, [...]
MOKPO, South Korea, May 11 (Korea Bizwire) – Two bone pieces, which officials believe to be of human remains, were discovered in the sunken ferry Sewol on Wednesday as South Korea’s new president, Moon Jae-in, assumed office. Nine of the disaster’s 304 victims have yet to be recovered. The MV Sewol has been at the [...]
SEOUL, May 11 (Korea Bizwire) – Global rating agency Moody’s Investors Service said Wednesday that South Korea’s new President Moon Jae-in is likely to pursue continuity in economic and fiscal policies. Steffen Dyck, senior credit officer at Moody’s, said there might be a shift in focus in sme structural reform areas, such as labor markets and social security. “We expect that [...]
SEOUL, May 10 (Korea Bizwire) – South Korean minors who have yet to reach the legal voting age also chose Moon Jae-in as the new president in a mock election arranged by YMCA Korea. Of a total of 51,715 votes, President Moon received 39.14 percent of all ballots at 20,245, officials said Wednesday. Unlike the [...]
SEOUL, May 10 (Korea Bizwire) – South Korea’s five major business organizations on Wednesday called on the new government to ease regulations and generate business-friendly environments to help with new jobs and investments. In separate statements, the country’s five representative economic entities — The Korea Employers Federation (KEF), the Federation of Korean Industries (FKI), the [...]
SEOUL, May 10 (Korea Bizwire) – Moon Jae-in’s term as South Korea’s new head of state was officially launched early Wednesday, only one day after the nation held a rare presidential by-election. Moon’s presidency began even before an inauguration ceremony as his election was a result of the rare by-election that sought to fill the [...]