President Park: Gov’t to Consider Salvaging Sewol Ferry

2015-04-12

The possibility is growing that the government will embark on salvaging the Sewol Ferry that has been under water for nearly a year since its tragic ...

Gov’t to Continue Labor Reform after Labor Walks out of Negotiations

2015-04-12

The Labor Ministry vowed to continue pushing for labor market reform, a day after union representatives pulled out of special committee negotiations ...

Korea’s Overseas Economic Development Assistance

2015-04-10

Gov’t Announces Compensation Plan for Sewol Victims

2015-04-05

The government has announced its plans to compensate the victims of the Sewol ferry that capsized off the southwestern coast of Korea about a year ...

KAI Chosen as Preferred Bidder for KFX Fighter Jet Program

2015-04-05

The Defense Acquisition Program Administration announced Monday that Korea Aerospace Industries (KAI) has been selected as the preferred bidder ...

Honam KTX Line Put into Service

2015-04-05

A new KTX bullet-train service linking Seoul with the southwestern part of the country has begun operations six years after construction began. ...

South Korea Joins AIIB

2015-04-03

South Korea Decides to Join AIIB

2015-03-29

After skirting around the idea for months, Seoul finally announced its decision to join the China-led Asian Infrastructure Investment Bank (AIIB). ...

Can a Trilateral Summit be Held This Year?

2015-03-29

A lot of attention is being drawn to whether South Korea, China and Japan will be able to hold a long-protracted trilateral summit this year. The ...

Cheonan Sinking Marks 5th Anniversary

2015-03-29

Five years have passed since the Cheonan naval vessel sank in the Yellow Sea following a North Korean torpedo attack. On Thursday, thousands gathered ...