MUJU, South Korea, June 30 (Yonhap) – Two international organizations for the Korean martial art of taekwondo have agreed to hold a joint performance during next year’s Winter Olympics in South Korea, the sport’s top official said Friday. Choue Chung-won, president of the World Taekwondo Federation (WTF), said his organization and the North Korea-led International [...]
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 [...]
SEOUL, Dec. 23 (Korea Bizwire) – Audit results revealed that the 2018 Pyeongchang Winter Olympics Organizing Committee and the Winter Paralympics Organizing Committee haven’t been able to enlist a sufficient number of sponsors and relied instead heavily on the government’s loans. The Board of Audit and Inspection said this on December 22 based on audits on the [...]