SEOUL, Dec. 16 (Korea Bizwire) — President Yoon Suk-yeol is wrapping up his first year in office marked by record-low approval ratings blamable in part on unpopular policy and personnel decisions and a series of gaffes at home and abroad, though the numbers have recently shown signs of picking up. Yoon’s approval rating plunged from [...]
SEOUL, Nov. 23 (Korea Bizwire) — President Yoon Suk-yeol asked Tesla CEO Elon Musk to build an electric vehicle plant in South Korea during a virtual meeting with the billionaire entrepreneur on Wednesday, his office said. Yoon made the request after Musk explained Tesla’s plans to build a gigafactory in Asia to produce finished EVs, [...]
SEOUL, Nov. 21 (Korea Bizwire) — President Yoon Suk-yeol will stop holding routine Q&As with the press starting Monday, his office said, after a reporter got into a shouting match with one of his aides during a session last week. The quarrel happened after Yoon said it was “unavoidable” that his office barred local broadcaster [...]
BALI, Indonesia, Nov. 15 (Korea Bizwire) – President Yoon Suk-yeol used his first trip to Southeast Asia as president to send a strong message that South Korea intends to build a “free, peaceful and prosperous” Indo-Pacific region, but not to the exclusion of China. In Phnom Penh, the first leg of his two-nation trip to [...]
SEOUL, Nov. 8 (Korea Bizwire) — President Yoon Suk-yeol and first lady Kim Keon-hee have moved into the new presidential residence in Hannam-dong, Seoul, officials said Tuesday, following months of renovation and other preparation. Yoon left for work from the new residence Tuesday morning and went straight to an undisclosed location for a private event, [...]
SEOUL, Oct. 5 (Korea Bizwire) — A satirical cartoon about President Yoon Suk-yeol has sparked a debate about freedom of expression after the culture ministry expressed regret and issued a warning to the organizer of a cartoon festival that awarded a prize to it. Drawn by a high school student, the cartoon, titled “Yoon Suk-yeol [...]
SEOUL, Oct. 3 (Korea Bizwire) – President Yoon Suk-yeol’s approval rating fell for the first time in four weeks after his remarks caught on a hot mic in New York caused an uproar here, a survey showed Monday. In the poll of 2,522 voters conducted by Realmeter from Monday to Friday last week, 31.2 percent [...]
SEOUL, Aug. 14 (Korea Bizwire) — One hundred days into office, President Yoon Suk-yeol has seen his approval ratings more than halve to somewhere around 25 percent in the wake of unpopular personnel appointments and policy proposals, but no dramatic remedies are in sight. Yoon was inaugurated on May 10 after winning the election by [...]
SEOUL, July 25 (Korea Bizwire) — President Yoon Suk-yeol instructed officials Monday to quickly come up with a road map for abolishing the gender ministry in line with his campaign pledge, his spokesperson said. Yoon made the remark during a policy briefing by Gender Equality and Family Minister Kim Hyun-sook at his office, saying she [...]
SEOUL, July 14 (Korea Bizwire) — President Yoon Suk-yeol instructed officials Thursday to find ways to protect ordinary citizens from the financial pressures of high inflation and high interest rates. Yoon made the remark a day after the Bank of Korea delivered an unprecedented 0.5 percentage-point rate hike in a preemptive bid to fight fast-growing [...]