SEOUL, Aug. 17 (Korea Bizwire) – Postage stamps in celebration of South Korean President Moon Jae-in’s 100th day in office were released today, seeing hundreds of people waiting in line for hours in what could be the one and only opportunity to get ahold of the rare collectibles. According to Korea Post, over 300 people [...]
SEOUL, Aug. 14 (Korea Bizwire) – President Moon Jae-in promised Monday to expand government support for national heroes, independence fighters and their families, noting the nation and its people are permanently indebted to them for their sacrifices that allowed the freedom they enjoy now. “Each and every person here deserves respect and gratitude. Thanks to [...]
SEOUL, Aug. 2 (Korea Bizwire) – South Korean President Moon Jae-in on Wednesday vowed to upgrade his country’s relations with Indonesia and other Southeast Asian nations to the level of its ties with the world’s most powerful countries. “I am very happy to see that South Korea-Indonesia relations are expanding,” Moon said, according to his [...]
SEOUL, Jul. 28 (Korea Bizwire) — At a special ‘beer garden’ meeting held on Thursday at the Blue House with President Moon, executives from South Korean conglomerates raised the issue of China’s economic retaliation against South Korean companies, particularly electric vehicle battery manufacturers, urging the government to take action. During the unique meeting, Moon was [...]
SEOUL, Jul. 20 (Korea Bizwire) — A new survey shows nearly 8 out of 10 employers are considering downsizing staff after the country’s new minimum wage of 7,530 – set to kick in next year – was announced last weekend. Findings from the survey on the new minimum wage released by recruitment website Alba Heaven [...]
SEOUL, Jul. 18 (Korea Bizwire) — South Korea’s minimum wage for 2018 has risen to 7,530 won ($6.70), after a government council voted nine to six in favor of the labor side of the negotiation team, pushing the country’s minimum wage above the likes of Israel and Spain. Compared to this year’s 6,470 won, next [...]
SEOUL, July 6 (Korea Bizwire) – South Korean President Moon Jae-in arrived in Hamburg, Germany on Thursday for the Group of 20 summit where he is expected to rally international support for ending North Korea’s nuclear and missile programs. The summit slated for Friday and Saturday comes amid heightened tensions after the communist North test [...]
WASHINGTON, June 29 (Korea Bizwire) – South Korean President Moon Jae-in and his U.S. counterpart Donald Trump were set to meet for the first time during a dinner hosted on Thursday, one day before they sit for official talks. The South Korean president arrived here Wednesday on a four-day visit. Moon was set to begin [...]
SEOUL AIR BASE, June 28 (Korea Bizwire) – South Korean President Moon Jae-in headed to the United States on Wednesday for a summit with his U.S. counterpart Donald Trump, which will likely focus on how to rein in North Korea’s growing nuclear and missile capabilities, as well as forming a personal relationship to last their [...]
SEOUL, June 26 (Korea Bizwire) – South Korea will launch a project later this year to provide 300,000 rental homes to jobseekers that can help ease the financial burden of young people, the land and infrastructure ministry said Monday. The rental homes will be supplied gradually during the President Moon Jae-in’s five-year term that began [...]