North Korea is believed to have named former Minister of Social Security Ri Yong-gil as defense minister, removing Kim Jong-gwan from the post, according to a South Korean government source on Thursday.
Tax collections jumped more than 37 percent in the first five months of the year thanks to twin booms in the stock market and real estate market.
Korea said Tuesday it plans to consider normalizing eased rules on bank foreign exchange (FX) derivative positions as FX liquidity conditions have improved amid the global economic recovery.
The Blue House acknowledged its recent blunders in social media postings about the presidential trips to Britain and Austria. In its Instagram posting on President Moon Jae-in’s visit to Austria on Tuesday, the Blue House used emojis for the...
In 2017, the Moon Jae-in administration laid out its “Renewable Energy 3020” plan, in which it would raise the ratio of renewable energy to 20 percent by 2030. Last year President Moon set a target of carbon neutrality by 2050.
Any Korean worker will be familiar with Herbert William Heinrich (1885-1962). He appears in the industrial safety and health class, a compulsory course. Heinrich’s law never fails to be mentioned when it comes to industrial...
Gyms and indoor golf driving ranges in some parts of Seoul will be allowed to stay open until midnight starting from Saturday in an effort to help revive small businesses hit by the coronavirus pandemic.
The Land Ministry and Seoul city government agreed to cooperate in expanding the supply of residential real estate in the nation’s capital, including resolving controversy over use of the former U.S. base in Yongsan.
“We are not here to look for a husband, but unfortunately that seems to be the first thought that enters some people’s minds when they see a Vietnamese woman in Korea,” said a Vietnamese woman studying at a university in Korea. She spoke to the...
The government will invest 3.8 percent of its GDP on Green New Deal projects by 2025 to bring about carbon neutrality. Korea will increase its “green share” of ODA from 6 percent to over 20 percent while donating $300 million to the GCF.