People in S. Korea to Enjoy 4-Day Holiday This Week

2016-05-01

South Koreans will have an extra day off on the Friday following the May fifth Children’s Day holiday. The government approved a plan to designate ...

Seoul Welcomes UN Condemnation of N. Korea’s SLBM Launch

2016-05-01

Seoul welcomed a UN Security Council’s statement condemning North Korea’s test-firing of a ballistic missile from a submarine, saying the UN body’s ...

FSC Announces 3-Pronged Restructuring Plan on Struggling Industries

2016-05-01

The head of South Korea’s financial watchdog has revealed the government's three-pronged plans to restructure the nation's struggling industries. Financial ...

Corporate Restructuring – Issues and Solutions

2016-04-29

19th National Assembly Launches Final Session

2016-04-24

The 19th National Assembly launched its last 30-day session from Thursday. The extraordinary session comes after the floor leaders of the ...

BOK Lowers Growth Outlook to 2.8%

2016-04-24

The Bank of Korea (BOK) has lowered its economic growth outlook for South Korea this year from three percent to two-point-eight percent. Following ...

Concerns Rise over Ring of Fire and Anti-Quake Readiness in S. Korea

2016-04-24

Concerns are rising over South Korea’s readiness to deal with earthquakes, after three massive quakes rocked the Pacific region called the Ring ...

Descendants of the Sun & Its Implications for Korean Wave

2016-04-22

Ruling Saenuri Party Wins One Less Seat than Minjoo Party of Korea

2016-04-17

The 20th general elections on Wednesday handed a crushing defeat to the ruling Saenuri Party. This result has cast a shadow over the effective implementation ...

Gov’t Confident about 3% Economic Growth

2016-04-17

The government has expressed confidence that it will be able to achieve at least three percent economic growth this year. Speaking at a gathering ...