SEOUL, Dec. 29 (Korea Bizwire) – A private task force on Friday pressed the government to launch a probe into the shutdown of an inter-Korean joint factory park in North Korea. South Korea pulled the plug on the factory park in the North’s border city of Kaesong in February 2016 to punish the North for [...]
SEOUL, Aug. 28 (Korea Bizwire) — President Moon Jae In’s approval rating rose for a second consecutive week last week, apparently on a series of welfare programs that seek to provide additional support to low-income earners, a poll showed Monday. In a survey conducted on 2,529 voters throughout the nation, 73.9 percent said they approved [...]
SEOUL, Aug. 18 (Korea Bizwire) – The news that South Korea had won its bid to host the 2023 World Scout Jamboree over Poland came as a surprise to many who felt the Asian nation had the cards stacked against it. The dream of hosting the global event began when the current governor of North [...]
SEOUL, Jul. 18 (Korea Bizwire) — Though former President Park Geun-hye has now been gone from the Blue House for four months, officials at the presidential residence are still deliberating on what to do with what she left behind. When courts ruled to uphold the National Assembly’s decision to impeach President Park on March 10, she [...]
SEOUL, April 6 (Korea Bizwire) – The Google Maps’ feature “Your Timeline” was used to track down the location of one of the key figures in ousted South Korean President Park Geun-hye’s corruption case, the investigative team led by special prosecutor Park Young-soo revealed during a court hearing yesterday. The case of Kim Yong-jae, a [...]
SEOUL, March 29 (Korea Bizwire) – Heated discussions are taking place online over a nickname for Samsung’s much anticipated new Galaxy S8 prior to its release, after LG’s new G6 smartphone had the misfortune of being dubbed the “impeachment phone” due to its release coinciding with the day former president Park Geun-hye was removed from office. [...]
SEOUL, March 22 (Korea Bizwire) – Prosecutors said Wednesday they are considering whether to seek an arrest for former President Park Geun-hye after a marathon session of questioning over a string of corruption allegations that led to her removal from office. Park returned home early in the morning after a 21-hour interrogation at the Seoul Central [...]
Seoul, March 10 (Korea Bizwire) — With the impeachment of President Park out of the way once and for all and a new presidential election less than two months away, the political discourse in South Korea is now focused on Beijing’s next move. A number of momentous decisions were made over the past few days: [...]
SEOUL, March 9 (Koreabiz Wire) – While the country awaits the Constitutional Court’s final verdict on the impeachment of President Park this Friday, some users on the South Korean web are raising somewhat bizarre yet interesting points as to how the numbers from one to ten symbolize every stage of the process of Park’s impeachment. The [...]
SEOUL, Oct. 31 (Korea Bizwire) – South Korea’s financial authorities are looking into whether a local bank has extended preferential loans to the daughter of President Park Geun-hye’s friend at the heart of a massive influence-peddling scandal, officials said Monday. Chung Yoo-ra, a college student, is alleged to have taken out foreign exchange loans with [...]