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S. Korea, UAE Discuss Railway, Infrastructure Cooperation

S. Korea, UAE Discuss Railway, Infrastructure Cooperation

SEOUL Feb. 28 (Korea Bizwire) – South Korea and the United Arab Emirates (UAE) have recently held high-level meetings involving bilateral cooperation in the areas of railway construction, infrastructure and energy, officials said Wednesday. Park Sang-woo, South Korea’s land, infrastructure and transport minister, met with Suhail Mohamed Al Mazrouei, minister of energy and infrastructure of [...]

Workers End 72-hour Railway Strike

Workers End 72-hour Railway Strike

SEOUL, Oct. 14 (Korea Bizwire) — Unionized railway workers on Monday wrapped up their 72-hour strike, but train schedules are likely to be affected until services fully resume later in the day. The 19,000-member Korean Railway Workers’ Union ended their 72-hour strike at 9 a.m. They had demanded the Korea Railroad Corp. (KORAIL) increase wages [...]

China Planning High-Speed Rail Link Between Mt. Paektu and Shenyang

China Planning High-Speed Rail Link Between Mt. Paektu and Shenyang

SEOUL, Nov. 6 (Korea Bizwire) — The Chinese government has revealed plans to construct a high-speed railway that will connect Mount Paektu in North Korea with China’s Liaoning Province at a cost of approximately 1.7 trillion won. A Chinese government website, posted an announcement on the construction of the high-speed railway connecting Baihe County situated [...]

South Korean City, French Company Eye Eurasia Railway Project to Connect 2 Koreas

South Korean City, French Company Eye Eurasia Railway Project to Connect 2 Koreas

GWANGMYEONG, South Korea, Oct. 16 (Korea Bizwire) – The South Korean city of Gwangmyeong, just south of Seoul, said Monday it will sign a memorandum of understanding with French national railway company SNCF this year to implement a Eurasia railway project to connect South and North Korea by rail to Europe. Former French Minister for [...]

Subway, Railway Workers Go on Strike against Merit Pay System

Subway, Railway Workers Go on Strike against Merit Pay System

SEOUL, Sept. 27 (Korea Bizwire) – Unionized workers of South Korea’s railway and subway services went on their first joint strike in 22 years Tuesday, protesting against the government’s push to implement a performance-based pay system.  The members of Seoul’s two major subway labor unions launched the walkout at 9 a.m., the unions said. The [...]