SEOUL, Jun. 15 (Korea Bizwire) — The recent summit between North Korea and the U.S. has many people wondering if South Korean President Moon Jae-in’s “new economic initiative” will gain momentum now that North-South relations have begun to thaw. During President Moon’s own meeting with North Korean leader Kim Jong-un, Moon gave Kim a USB [...]
SEOUL, May 11 (Korea Bizwire) — A concert commemorating President Moon Jae-in’s first anniversary in office was held yesterday afternoon at Nokjiwon, the green lawn of the presidential Blue House. Guests included 300 residents and students living in the nearby neighborhoods of Cheongun-dong, Hyoja-dong, Sajik-dong and Samcheon-dong. “It’s been already one year since I came [...]
SEOUL, May 1 (Korea Bizwire) — It was revealed on Monday that North Korean leader Kim Jong Un had proposed basketball matches between North and South Korean teams to South Korean President Moon Jae-in as efforts to initiate cultural exchange between the two countries. An insider at the Blue House said that this was mentioned [...]
PANMUNJOM/GOYANG, Apr. 27 (Korea Bizwire) – South Korean President Moon Jae-in and North Korean leader Kim Jong-un vowed sincere efforts to make progress at their bilateral summit Friday in the Joint Security Area of Panmunjom, which Moon said now symbolizes peace, instead of division. The historic summit began after the leaders met for the first [...]
SEOUL, Apr. 10 (Korea Bizwire) — The government is facing growing calls to introduce stricter GMO labeling laws. Over 200,000 people have now backed a petition on the official Blue House website calling for stricter GMO labeling and a ban on the use of GMOs in schools. With 202,010 people on board as of Monday afternoon, [...]
SEOUL, April 4 (Korea Bizwire) — The government will work to accommodate an additional 200,000 young students in all-day after-school day care centers this year, President Moon Jae-in promised Wednesday, a move partly aimed at supporting working mothers and tackling the country’s record low birthrate. “Launching an all-day care system is a key policy objective [...]
SEOUL, Mar. 29 (Korea Bizwire) — Savvy social media use can lead candidates to victory come election time, according to a new study. The new report released by the National Assembly Research Service revealed that President Moon Jae-in used live broadcasting features on social media much more than other candidates during his victorious campaign in [...]
ABU DHABI, Mar. 27 (Korea Bizwire) — South Korean firms may expect to cinch up to US$25 billion in new energy development projects in the United Arab Emirates (UAE), Crown Prince Mohammed bin Zayed Al Nahyan has told the visiting South Korean president, South Korea’s presidential office Cheong Wa Dae said Tuesday. The assurance was [...]
HANOI, Mar. 26 (Korea Bizwire) — South Korean President Moon Jae-in dropped by a no-frills rice noodle restaurant in Hanoi for breakfast on Saturday to mingle with ordinary Vietnamese citizens on the last leg of his three-day state visit there. Moon, accompanied by first lady Kim Jung-sook, visited “Pho 10 Ly Quoc Su,” a famous [...]
SEOUL, March 22 (Korea Bizwire) — Three months into the first leg of South Korean president Moon Jae-in’s staggered plan to raise the minimum wage to 10,000 won by 2020, both those who buy and those who sell are focusing on value as prices have risen before and after the 16 percent minimum wage increase [...]