U.S. Pullout from Paris Climate Agreement

2017-06-16

Gov’t Submits Supplementary Budget Plan

2017-06-11

The government has submitted an eleven-point-two trillion won extra budget plan to the National Assembly for approval. The supplementary ...

Gov’t Reorganization Plan Confirmed

2017-06-11

The ruling Democratic Party (DP) and the government have agreed on a government reorganization plan. The agreement was made during a joint ...

Public Services for Dementia Patients to Be Enhanced

2017-06-11

The government has allocated 200 billion won in the latest supplementary budget bill to significantly enhance services for dementia patients. ...

Taxation on Clergy

2017-06-09

Controversy Arises over Unreported Delivery of Additional THAAD Launchers

2017-06-04

The presidential office has grilled incumbent and former top military officials regarding their alleged failure to inform President Moon Jae-in ...

President’s Pick for Prime Minister Passes Confirmation Hearing

2017-06-04

The National Assembly has approved Lee Nak-yon as prime minister. Of the 188 lawmakers who took part in the secret ballot at a plenary session ...

N. Korea Test-Fires Another Ballistic Missile

2017-06-04

North Korea has fired another ballistic missile toward the East Sea. Marking its third ballistic missile launch since the inauguration of ...

Household Debt: Problems & Countermeasures

2017-06-02

KOSPI Reaches All-Time High for 5th Straight Day

2017-05-28

Boosted partly by optimism generated by the launch of a new government, the benchmark Korea Composite Stock Price Index (KOSPI) reached an all-time ...