SEOUL, May 22 (Korea Bizwire) —Members of a South Korean inspection team tasked with scrutinizing the discharge process of contaminated water from Japan’s Fukushima nuclear plant embarked on their journey to Japan on Sunday morning. The team, comprising 21 members, consisted of nuclear and radiation experts from the Korea Atomic Energy Safety Institute (KINS), but [...]
SEOUL, May 15 (Korea Bizwire) — Opposition leader Lee Jae-myung on Monday rejected Japan’s claims of the safety of the water set to be released from its crippledFukushima nuclear power plant into the ocean, saying if it is safe enough to drink, the country should just do that. The safety of the contaminated water from [...]
SEOUL, May 12 (Korea Bizwire) — Opposition lawmaker Kim Nam-kuk, embroiled in a controversy over his possession of undeclared virtual assets, appears to have invested a large sum in highly volatile alternative cryptocurrencies, industry officials said Friday. Kim of the main opposition Democratic Party is said to have exchanged 510,000 Wemix coins, once valued at [...]
SEOUL, May 6 (Korea Bizwire) —On the eve of Children’s Day, the Yongsan Children’s Garden, built on the site of the former Yongsan U.S. military base, opened its gates to the public for the first time in over 120 years. However, despite the excitement surrounding the opening, opposition parties and environmental groups have raised serious [...]
SEOUL, April 29 (Korea Bizwire) —On the six-month anniversary of the harrowing stampede that took place in the Itaewon region on October 29th of last year, the government has launched a project for a sophisticated crowd management system. This effort aims to prevent the occurrence of similar incidents by implementing preventative measures, such as a [...]
SEOUL, April 21 (Korea Bizwire) — Lee Jae-myung, the leader of South Korea’s opposition Democratic Party, held an emergency press conference on Friday in response to President Yoon Suk-yeol’s suggestion that South Korea might provide arms to Ukraine during a foreign media interview. Lee stressed that there should be no agreement on arms support to [...]
SEOUL, April 19 (Korea Bizwire) — Amid growing concerns over drug-related crimes, including the recent “drugged drink” incident in Seoul’s Gangnam District, the South Korean government has announced plans to conduct a drug survey among teenagers this year. The Ministry of Health and Welfare stated on Tuesday that it aims to conduct a comprehensive survey on [...]
SEOUL, April 18 (Korea Bizwire) — The South Korean government announced on Tuesday that it will engage in discussions with its American counterparts to ensure that Korean companies can benefit from the Inflation Reduction Act (IRA) policy in the future. This comes in response to Hyundai and Kia’s exclusion from the list of electric vehicles [...]
SEOUL, April 12 (Korea Bizwire) —South Korea has reportedly agreed to provide the United States with artillery shells on a “loan” basis in support of Ukraine, according to government and defense industry sources. The move is seen as a way for South Korea to show its support for Ukraine and assist its ally, the United [...]
SEOUL, April 9 (Korea Bizwire) — The U.S.-South Korea relationship has been shaken by allegations of U.S. intelligence agencies spying on the South Korean government, just weeks before President Yoon Suk-yeol’s scheduled state visit to the U.S. The New York Times (NYT) and other media outlets reported on Sunday that U.S. intelligence agencies have been [...]