“The government should quickly wrap up a technical review and raise the ferry Sewol if the recovery is possible.” “It will take a large sum of money, but that citizens will support the plan wholeheartedly if the government seeks their understanding.” - Yoo Seong-min, floor leader of the ruling Saenuri Party SEOUL, April 8 [...]
SEOUL, March 23 (Korea Bizwire) – South Korea formally signed a free trade agreement with New Zealand on Monday, the latest in a series of deals Seoul has inked to boost the country’s exports. South Korean President Park Geun-hye and New Zealand Prime Minister John Key observed the signing of a deal after their summit [...]
“As (U.S. Forces Korea) contribute to maintaining peace between the two Koreas and maintaining a balance and peace in the entire Northeast Asian region, we need them. The role of U.S. Forces Korea must be maintained even after reunification. U.S. Forces Korea are needed until a Northeast Asian security regime is formed.” “President Park Geun-hye [...]
SEOUL, March 12 (Korea Bizwire) – The South Korean government has rolled up its sleeves to support the export of halal food by setting up a task force to analyze halal standards and offer information and guidelines to the local food industry. The Ministry of Agriculture, Food and Rural Affairs established the “Task Force for Halal [...]
SEOUL, Mar. 5 (Korea Bizwire) — Three individuals in Daegu suspected of distributing leaflets denouncing President Park Geun-Hye admitted that they sent a bag of dog food to the Daegu Suseong Police Station, which had earlier summoned them for questioning regarding the leaflets, according to an online post written by one of the three on March 4. The [...]
SEOUL, March 4 (Korea Bizwire) — POSCO, South Korea’s largest steelmaker, said Wednesday that it has signed a tentative deal with a sovereign fund of Saudi Arabia to push for “comprehensive” cooperation that includes construction and automaking. The tie-up was promised under a memorandum of understanding signed by POSCO CEO Kwon Oh-joon and Abdulrahman Al [...]
“The past two years laid the groundwork for 30 years of development through a solid and sound running of state affairs. Not all the fruits are picked during the current administration — the next administration and the people will taste the fruits. Also, under the current administration, South Korea’s once-frosty ties with the United States, [...]
“Our party members and the people did not give me power but a responsibility to protect the lives of the people. It is an order to stand against the Park Geun-hye government. I will wage a full-out war with the government of President Park Geun-hye if it continues to ruins democracy and the livelihoods of [...]
“The swamp near Gimpo International Airport is home to approximately 30 important species of plants and animals, and should be protected by law. It also absorbs fine dust from China. The planned golf course in the swamp should be cancelled.” “On February 11 and 12, there will be public hearings at Gangseo-gu and Bucheon city [...]
“I urge both the ruling and opposition parties to find a middle ground on what kind of social welfare the country needs before coming up with ways to pay for such expenditures. There are considerable differences between political parties as well as ordinary citizens on what the level of welfare coverage should be.” “Experience has [...]