World Bank names S. Korea ‘COVID-19 safe spot’
BEIJING — The World Bank has added South Korea to the list of countries that are providing efficient emergency medical services to its employees, Seoul’s Finance Ministry said Tuesday. The…
South Korea to commercialize air taxis in 2025
The Korea Herald/Asia News Network SEOUL — South Korea plans to begin commercializing air taxi services in 2025, which will connect city areas and suburbs, according to the Transport Ministry’s…
S. Korea proposes largest-ever extra budget to battle pandemic
Yonhap via The Korea Herald/Asia News Network SEJONG — South Korea on Wednesday proposed another extra budget plan worth 35.3 trillion won ($29 billion) that will help key industries cushion…
S. Korea to resume WTO complaint over Japan’s trade curbs
(Yonhap via The Korea Herald/Asia News Network) SEOUL — The South Korean government on Tuesday announced that it would resume a complaint filed with the World Trade Organization over Japan’s…
More virus-hit duty free shops in S. Korea given deep cut in rental fee
(Yonhap) via The Korea Herald SEOUL — South Korea will expand the reduction of rental fees for airport duty-free shops and other commercial facilities hit hard by the new coronavirus…
S. Korea sees online shopping grow 190% since 2015
The proportion of mobile shopping of total online sales has increased by 25.6 percentage points in South Korea over the past five years. (Yonhap via The Korea Herald/Asia News Network)…
S. Korea to keep aggressive spending to address coronavirus pandemic
(Yonhap) via The Korea Herald SEJONG — South Korea will maintain its aggressive fiscal spending as it is set to unveil the third extra budget early next month to minimize…
S. Korea international air routes relaunch, but worries linger
Jin Air via The Korea Herald/Asia News Network SEOUL — South Korean air carriers suffering from the impact of COVID-19 outbreak plan to gradually relaunch their international routes from next…
S. Korea braces for prolonged COVID-19 economic fallout
Finance Minister Hong Nam-ki speaks at a meeting with officials in central Seoul on Monday. Yonhap via The Korea Herald SEOUL — South Korea’s government on Monday vowed to announce…
Korea ups investment to self-produce parts in space development
(Ministry of Science and ICT) via The Korea Herald SEOUL — South Korea’s Science Ministry on Monday said that it will inject 211 billion won ($170 million) into space research…