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Running for S. Korean president costs a fortune

Running for S. Korean president costs a fortune

SEOUL, March 30 (Korea Bizwire) – From the beginning of a presidential campaign, fundraising is one of the most daunting tasks facing each candidate struggling to pay for campaigners, office rental contracts and media advertising, to name a few, observers said Wednesday. Then, a series of questions arise about how much and through what methods presidential hopefuls can raise funds and whether their election-year expenditures can be recouped after the May [...]

S. Korean Gov’t Calls for Crackdown on Fake News Ahead of Election

S. Korean Gov’t Calls for Crackdown on Fake News Ahead of Election

SEOUL, Mar. 29 (Korea Bizwire) — Acting President and Prime Minister Hwang Kyo-ahn on Monday called for a stern crackdown on fake news and other election crimes with the presidential election 41 days away. During a meeting of related ministers on preparation for the May 9 election day, Hwang also instructed the government to employ [...]

Tamagotchi-Inspired Games “Raising” Presidents Popular with Impending Election

Tamagotchi-Inspired Games “Raising” Presidents Popular with Impending Election

SEOUL, March 27 (Korea Bizwire) – The newfound political awareness of South Koreans, after a months-long scandal that ended with the impeachment of President Park Geun-hye, has given rise to mobile games that let players be the kingmaker, running a virtual presidential election, or be the president themselves.  Developed by Goormsoft Corp., Raising President (title [...]

Pet Stories from South Korea’s Presidential Hopefuls

Pet Stories from South Korea’s Presidential Hopefuls

SEOUL, March 25 (Korea Bizwire) – Animal welfare has been a centerpiece of debate for South Korean politicians recently with the rising popularity of pets in the country. Data shows 21.8 percent of local households were living with animal companions in 2016 with the pet industry expected to triple by 2020 to a 6-trillion-won ($5.34 [...]

Ban’s Advisor Gives Glimpse of His Economic Policy

Ban’s Advisor Gives Glimpse of His Economic Policy

SEOUL, Jan. 10 (Korea Bizwire) – An advisor to former U.N. Secretary-General Ban Ki-moon, a potential presidential contender, on Tuesday offered a glimpse into his economic policy that aims to upgrade South Korea’s capitalism model blamed for economic polarization.  Speaking to Yonhap News Agency, Kwak Seung-jun, an economics professor at Korea University, put forward three [...]

Hillary, If Elected, Likely to Be Tougher Than Obama on N. Korea: Official

Hillary, If Elected, Likely to Be Tougher Than Obama on N. Korea: Official

SEOUL, Oct. 18 (Korea Bizwire) – Hillary Clinton’s policy on North Korea is likely to be tougher than that pursued by President Barack Obama in the event she becomes the next president of the United States next month, an official said Monday.  Chung Chong-wook, vice chairperson of the Presidential Committee for Unification Preparation, said Clinton [...]

U.N. Chief to Visit S. Korea amid Speculation about Presidential Election

U.N. Chief to Visit S. Korea amid Speculation about Presidential Election

NEW YORK, May 13 (Korea Bizwire) – U.N. Secretary-General Ban Ki-moon will visit his native South Korea for international conferences later this month, his spokesman announced Thursday, as speculation persists about the possibility of his running for president. Ban will visit the southern resort island of Jeju on May 25 for a regional multilateral dialogue for [...]