LEE-JUN SEOK OF SOUTH KOREA’S BIGGEST OPPOSITION PARTY SAYS GEN-NEXT TO HAVE ZERO TOLERANCE TO CHINA’S CRUELTY

Highlights

• In an interview with Bloomberg, Lee said generational change is taking place

• Lee said “We’re definitely going to have to fight against the enemies of democracy.”

Newly installed leader of the People Power Party, the biggest ...

AS COVID-19 CASES GO UP, SEOUL TO CONTINUE SOCIAL DISTANCING CURBS

Highlights

• The social distancing restrictions announced to curb the spread of the dreadful virus were previously scheduled to end on Thursday

• As per the Korea Disease Control and Preventing Agency, the decision to extend protocols comes after a spike in the COVID...

11 AMERICAN SOLDIERS & 2 CIVILIANS AMONG NEW REPORTED CASES OF COVID-19 IN SOUTH KOREA

Highlights

• The American agency said that all confirmed patients have been transferred to designated isolation facilities at the U.S. army bases in South Korea

As per a statement issued by the U.S. Forces Korea on Monday, total 11 U.S. soldiers and two civilians in South...

E-COMMERCE MAJOR EBAY IS SELLING ITS UNIT IN SOUTH KOREA

Highlights

• Sources claim that this consortium consists of biggest bricks-and-mortar retailer E-Mart and internet group Naver in South Korea

• E-Mart intends to fund the deal with Won3tn of asset-backed loans with the balance paid by its cash holdings, and on the ot...

SEOUL WILL HOST THREE-NATION ESPORTS COMPETITION IN NOVEMBER

South Korean capital city is also set to host a three-state esports tournament in the month of November which will see participation of China and Japan.
The confirmation regarding this sporting event was given by the South Korea Ministry of Culture, Sports and Tourism (SKMCST) in the last ...

SEOUL WILL IMPLEMENT A CONVENTION THAT WILL STOP MNCs' TAX AVOIDANCE

According to officials in Seoul, the government of South Korea has decided to implement a multilateral convention that will become effective from the month of September and will work towards keeping multinational corporations (MNCs) away from taking benefits of loopholes in the tax laws as their ...

SEOUL: HOW ONE MAN’S NIGHT OUT IS MAKING THE ENTIRE CITY SUFFER

Highlights

• All the nightclubs and bars in the city are closed indefinitely 

• At present, South Korea has reported total 10,936 cases of coronavirus while 258 people have lost their lives

South Korea was initially one of the worst affected countries ...

SEOUL: MOSQUES IN THE COUNTRY REOPENED FOR RAMADAN

Highlights

• People coming in mask will maintain social distancing along with use of hand sanitizers, face mask and writing names in register

• More than 150,000 Muslims stay in South Korea and make up 0.3 percent of total population

After recording zero ne...

SEOUL REPORTS ZERO LOCAL CASES OF COVID-19

Highlights

• As per health authorities, not a single case of coronavirus has been related to the parliamentary election which took place on April 15

• At present, South Korea has around 10,765 cases of coronavirus while 247 people have lost their lives

Acco...

SOUTH KOREA RUNS OUT OF OIL STORAGE

After the collapse in demand for oil, majority of countries are in the race of purchasing maximum crude oil that too at a dream rate. South Korea is fourth-largest country in Asia when it comes to commercial storage capacity. Apparently South Korea has completely has run out of it’s oil sto...

SEOUL SAYS NORTH KOREA’S KIM JONG UN IS ‘ALIVE AND WELL'

Speculations have been made over North Korean leader Kim Jong Un's health, few say he is critically in danger while others say he is no more. Ending all the speculations, a top security adviser to South Korean President Moon Jae-in have stated that North Korean supremo Kim Jong Un is “a...

SEOUL BRINGS IN ADDITIONAL $72 BILLION TO REBUILD BUSINESESS

The Government of South Korea has decided to bring in package of $72 billion on the top of previous stimulus package which was worth $80.2 billion. This newly announced package will aid businesses to keep their employees on payroll along with help to self-employed and temporary workers with some ...

SEOUL ON SILENT MODE OVER KIM JONG UN'S HEALTH

Number of questions were raised over the health of North Korea’s supreme leader Kim Jong Un, after he was absent from one of the most important event in North Korea which is birthday of his own grandfather Kim II Sung. 
In relation with this issue, South Korea has been maintaini...

SEOUL: SUCCESSFUL MASS TESTING BEHIND CITY’S RETURN TO NORMAL LIFE?

After successfully conducting elections and Apple’s announcement of reopening a store, things were expected to get back to normal in shorter period of time. First Saturday after city’s decision to end lockdown saw people getting out in numbers as parks in the region got crowded with p...

SEOUL: PRESIDENT MOON JAE-IN'S PARTY SWEEPS TO VICTORY

Highlights

• Democratic Party and it’s allies won on 180 seats, while United Future Party (UFP) turned victorious on 103 seats

• Voter turnout was 66.2 percent, highest in last 28 years

• Former Prime Minister Lee Nak-yon thanked people and assur...

SEOUL: DESPITE CORONAVIRUS FEAR, VOTER’S COME OUT IN NUMBERS

Wednesday April 15, 2020 will go down as a remarkable day in the history of South Korea. In the times when countries are facing lockdown due to coronavirus, the country of South Korea has successfully managed to conduct elections by following all the precautionary measures. 
According...

SOUTH KOREA: SEOUL STOCKS TAKE A LOW START

Highlights

• Despite gains by the U.S. stocks is Seoul open lower at 1,827.35 points that is around 1.79 percent less than Friday

• Outbound shipments in South Korea fell down to $12.2 billion in last 10 days of April

• Closing down of borders by vario...

DESPITE CORONAVIRUS PANDEMIC, SOUTH KOREA SUCCESSFULLY CONDUCT ELECTIONS

Highlights

• Over 5 million people casted their votes on Friday

• Government had left no stone unturned for smooth functioning of the parliamentary election

While the coronavirus outbreak has rattled rest of the world and their political calendars, South Ko...