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Park Withdraws Controversial PM Nomination

Park Withdraws Controversial PM Nomination

SEOUL, Nov. 8 (Korea Biziwre) – President Park Geun-hye on Tuesday effectively jettisoned her prime minister-designate, caving in to mounting calls to withdraw the “unilateral” nomination, which aggravated a political deadlock sparked by a corruption scandal involving her confidante.  During her rare visit to National Assembly Speaker Chung Sye-kyun, Park called on the legislature to [...]

PM Calls for Smaller, More Frugal Weddings

PM Calls for Smaller, More Frugal Weddings

SEOUL, April 1 (Korea Bizwire) – Prime Minister Hwang Kyo-ahn on Friday encouraged more couples to have smaller and more frugal weddings, saying that an extravagant event imposes huge financial burdens on young people. “People should embrace a culture that promotes frugal yet meaningful weddings,” Hwang said during a luncheon with five newlywed couples at his [...]

S. Korea to Monitor Big State Projects in Real Time for Anti-Corruption Drive

S. Korea to Monitor Big State Projects in Real Time for Anti-Corruption Drive

SEOUL, Jan. 12 (Korea Bizwire) – Prime Minister Hwang Kyo-ahn vowed Tuesday to monitor big state projects in real-time in the latest of South Korea’s efforts to preemptively root out corruption. Projects that will be subjected to the government’s real-time monitoring include preparation for the 2018 PyeongChang Winter Olympics and the creation of a science [...]

Gov’t to Push for Labor Reform Bills to Create More Jobs

Gov’t to Push for Labor Reform Bills to Create More Jobs

SEOUL, Dec. 23 (Korea Bizwire) – Prime Minister Hwang Kyo-ahn said Wednesday that the government will put all-out efforts into parliamentary approval of labor reform bills to create more jobs. Hwang described job creation as a major government task at the moment. In September, labor, management and the government reached a landmark deal to ease [...]