Search result for SOUTH KOREA GOVERNMENT
S. KOREA TO PROVIDE $8,970 FOR PEOPLE WITH COVID-19 VACCINE SIDE EFFECTS
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- S. Korea to provide $8,970 for people with COVID-19 vaccine side effects.
- A causal link between a COVID-19 vaccine injection and side effects needs to be proven for the payout.
- The expanded medical expense coverage is sai...
S. KOREA TO REVISE LAWS ON USE OF SURNAMES OF CHILDREN
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- S. Korea to revise laws on use of surnames of children.
- The country plans to revise such laws to embrace diverse forms of families.
- The Cabinet approved the ministry’s 2021-2025 plan to form the basis of its family-...
S. KOREAN PRESIDENT ASKS NOT TO “POLITICIZE” COVID-19 VACCINE ISSUE
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- S. Korean President asks not to “politicize” COVID-19 vaccine issue.
- So far around 2.2 million, South Koreans have received coronavirus vaccine shots.
- The govt. announced a contract with Pfizer to purchas...
S. KOREAN GOVT. PLANS TO MONITOR ILLEGAL CRYPTOCURRENCY ACTIVITIES
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- S. Korean govt. plans to monitor illegal cryptocurrency activities.
- S. Korea is concerned with speculative investments and potential illegal activities through cyrptocurrency.
- The country’s finance ministry, FSC, an...
OECD SHOWS S. KOREA’S ODA TO HAVE FALLEN BY 8.7% IN 2020
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- OECD shows S. Korea’s ODA to have fallen by 8.7% in 2020.
- S. Korea’s ODA for foreign countries dell to $2.25 billion in 2020 due to the pandemic.
- The country’s overall ranking among DAC members in terms ...
S. KOREA REPORTS INCREASE IN NUMBER OF EMPLOYED PEOPLE IN MARCH
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- S. Korea reports increase in number of employed people in March.
- The country saw numbers of employed people reach 26.9 million.
- The unemployment rate also rose 0.1% point on-year to 4.3 percent last month.
- Temp...
MOON JAE IN TO HOLD A MEETING TO DISCUSS THE COUNTRY’S ECONOMY
Highlights –
- Moon Jae In to hold a meeting to discuss the country’s economy.
- The Blue House is said to have also invited several South Korean business leaders.
- Finance Minister Hong Nam-ki, Industry Minister Sung Yun-mo is to at...
FINANCE MINISTRY OF S. KOREA TO REMOVE TARIFF ON FEW IMPORTED GRAINS
Highlights –
- Finance Ministry of S. Korea to remove tariff on few imported grains.
- S. Korea will import edible corm and some grains without tariff until the end of the year.
- The country currently levies a 3 percent tariff duty on impo...
S. KOREA’S HOME TRANSACTION SANK 25 PERCENT IN FEBRUARY 2021
Highlights –
- S. Korea’s home transaction sank 25 percent in February 2021.
- The number of home transactions in Seoul metropolitan area was 47,433 in February.
- In remaining parts of the country home transactions came to 39,588 in ...
NUMBER OF S. KOREAN’S GETTING MARRIED FELL TO AN ALL-TIME LOW IN 2020
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- Number of S. Korean’s getting married fell to an all-time low in 2020.
- The number of couples getting married fell by 10.7 percent in 2020.
- Due to difficulties in finding jobs or buying homes many are refraining from...
KOREA LH OFFICIALS TO BE SUMMONED FOR ALLEGATIONS OF LAND SPECULATIONS
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- Korea LH officials to be summoned for allegations of land speculations.
- Around 20 employees of Korea LH are currently under investigation.
- LH employees are said to have used insider information to purchase land in two cit...
S. KOREAN GOVT. ANNOUNCES TO MAKE EFFORTS TO CREATE MORE JOBS BY 2025
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- S. Korean govt. announces to make efforts to create more jobs by 2025.
- The country’s finance minister Hong Nam Ki revealed a road map on developing the service industry.
- The ministry plans to resume the distribution...
S. KOREA’S RESTAURANT AND HOTEL WORKER NUMBERS DROP IN JANUARY
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- S. Korea’s restaurant and hotel worker numbers drop in January.
- In January, the number of workers stood at 1.05 million.
- The country’s travel sector saw a decline of 69,000 workers.
- Data showed that...
KEC REPORTS HEAVY TRAFFIC ACROSS S. KOREA DUE TO LUNAR NEW YEAR
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- KEC reports heavy traffic across S. Korea due to Lunar New Year.
- Gyeongbu Expressway connecting Seoul to the southeastern port city of Busan was congested.
- The government has kept in place a nationwide ban on private gath...
OUTBREAK OF BIRD FLU IN SOUTH KOREA MAKES THE PRICE OF EGGS SOAR BY 27%
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- Outbreak of bird flu in South Korea makes the price of eggs soar by 27%.
- On Monday, sales prices of a carton of 30 eggs averaged 7,456 won.
- In January, the consumer prices, in general, rose 0.6 percent on-year.
KDCA ANNOUNCES COVID-19 INOCULATION TO BEGIN ON FEB. 26 IN SOUTH KOREA
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- KDCA announces COVID-19 inoculation to begin on Feb. 26 in South Korea.
- The date remains so if final approval for the use of AstraZeneca's vaccine is made this week.
- KDCA reported that the country added 303 more COVID...
KT CORP. SHOWS AN INCREASE IN NET PROFIT IN Q4 BY $35 MILLION
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- KT Corp. shows an increase in net profit in Q4 by $35 million.
- The expansion in net profit was mostly due to growing 5G users.
- The company’s operating income rose 6.4 percent on-year.
- In 2021, the company...
S. KOREAN EDUCATION MINISTRY TO EASE SOCIAL DISTANCING RULES AT SCHOOLS
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- S. Korean Education Ministry to ease social distancing rules at schools.
- Preschoolers and lower graders of elementary school will have more in-person instruction.
- Small schools and schools for kids with special needs are ...
S. KOREAN GOVT. TO HAVE COVID-19 VACCINATIONS TO 70% OF ITS POPULATION BY SEPT.
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- S. Korean govt. to have COVID-19 vaccinations to 70% of its population by Sept.
- The country is said to start its first vaccination next month.
- High-risk health care workers at hospitals, sanatoriums, and elderly care faci...
S. KOREAN RULING DP MAY ESTABLISH AN ORGANIZATION FOR PREVENTION OF INDUSTRIAL DISASTERS
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- S. Korean ruling DP may establish an organization for prevention of industrial disasters.
- The ruling DP is planning to consult with rival parties for the same.
- The DP is said to draft a revised Government Organization Ac...