President asks former U.N. chief Ban to help tackle fine dust pollution
South Korean President Moon Jae-in on Thursday sought the help of a former head of the United Nations to tackle the thorny issue of fine dust pollution, which could upset his country’s fragile relations with China. In a meeting held at his office Cheong Wa Dae, the president renewed his request for former U.N. Secretary-General […]
S. Korea to provide loans worth 100 tln won to innovative firms, SMEs
South Korea’s financial regulator said Thursday it will offer innovative firms and small- and medium-sized enterprises (SMEs) loans worth 100 trillion won (US$88.5 billion) over the next three years. The massive loan package is aimed at revitalizing the nation’s sluggish economy at a time when the economy faces downward risks, including weaker domestic investment and […]
S. Korea: number of marriages falls to lowest level in more than four decades
The number of South Koreans getting married fell to the lowest level in more than 40 years in 2018, government data showed Wednesday, as young people delay marriage amid a prolonged economic slowdown. The number of couples tying the knot came to 257,622 in 2018, compared with 264,455 in 2017, according to Statistics Korea. The […]
S. Korea: President Moon emphasizes need for innovation to create more jobs
President Moon Jae-in renewed his call for innovation and deregulation Wednesday while also calling for efforts to boost the country’s exports to help create more jobs. The call came in a special report by Finance Minister Hong Nam-ki to brief the president on economic conditions. The meeting came one day after the president stressed the […]
Seoul to build footbridge on Han River
The government of Seoul said Wednesday it will build a new Han River bridge designed solely for pedestrians by 2021. The new footbridge, to be built alongside the existing Hangang Grand Bridge, will link Seoul’s Noryangjin area with Nodeul Island, an uninhabited artificial island in the Han River that has an ecological park, it […]
S. Korea: 017 Pohang earthquake probably caused by geothermal plant
South Korea’s second-most destructive earthquake, which struck the southeastern city of Pohang in 2017, was probably triggered by an experimental geothermal power plant, the government said Wednesday. The government-led teams of experts, from both South Korea and abroad, concluded that a series of earthquakes, reaching a magnitude of 5.4 on Nov. 15, 2017, could have […]
Kindergartens in South Korea
Kindergartens in South Korea are for children around the ages of 3-6 before they enter elementary school. There are three kinds of them: national kindergartens managed by the government, public kindergartens managed by the local government, and the private ones run by the civil sector. According to data, in 2016 there were 8,987 kindergartens: […]
S. Korea striving to launch world’s first 5G smartphone service
Samsung Electronics Co.’s Galaxy S10 5G model is expected to be available in early April as the tech giant and South Korea’s mobile carriers are beefing up efforts to launch the world’s first 5G smartphone service, industry sources said Tuesday. South Korea had initially set a goal of beginning the world’s first commercial 5G service […]
FAO to open S. Korean office in May
South Korea’s government said Tuesday the U.N. Food and Agriculture Organization (FAO) decided to open an office in the country in May. Agriculture Minister Lee Gae-ho met Jose Graziano da Silva, the head of FAO, during his three-day visit to Italy and signed the agreement to open the South Korean office, official sources here said. […]
Young S. Koreans indifferent to N.K. despite summits, missiles
For Kim Na-yeon, a 26-year-old college student, North Korea’s nuclear weapons program is a timeworn issue that has dragged on for as long as she has been alive, and that she has little interest in. That’s why, when the second summit between U.S. President Donald Trump and North Korean leader Kim Jong-un made international headlines […]
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