The South Korean government expressed regret regarding a statement from the Israeli foreign ministry that criticized President Lee Jae Myung’s recent post on X, stating the remarks were misunderstood. The incident highlights diplomatic tensions over social media.
The South Korean government has selected 145 companies, both established and emerging, to lead the nation's food export drive. This initiative aims to capitalize on the growing global demand for Korean cuisine.
The South Korean government plans to implement a policy requiring new factories to install solar panels on their rooftops as part of its broader push for renewable energy.
The South Korean government plans to implement a crude oil swap system with private companies to enhance supply stabilization, ensuring a more secure and consistent energy supply.
The South Korean government has announced it will strictly implement a five-day vehicle restriction system for the public sector, aiming to manage traffic or reduce emissions.
The South Korean government, ruling Democratic Party, and presidential office have agreed to draw up a supplementary budget worth 25 trillion won ($16.59 billion) to cushion the economic impact of the Middle East conflict.
The South Korean government plans to require accommodation businesses to post standardized price lists online to prevent arbitrary overpricing and enhance trust among international visitors.
Prime Minister Kim Min-seok will travel to the United States and Switzerland later this week as South Korea launches its bid to host a platform for the United Nations bodies dedicated to artificial intelligence, which could collaborate with the South Korean government or private-sector companies. South Korea aims to secure a joint project with the UN and share necessary AI infrastructure through the launch of an "UN AI hub," Kim said in a meeting at the Government Complex Seoul on Tuesday. He ca
HD Hyundai Chair Chung Ki-sun visited the Philippines this week as part of the South Korean government’s economic mission, paying tribute to Korean War veterans, attending a bilateral business forum and inspecting the group’s shipyard operations in Subic Bay. On Wednesday, Chung visited Libingan ng mga Bayani, the national cemetery in Manila, where he laid flowers at the Korean War Memorial Pylon. The Philippines was the first Asian country to dispatch combat troops during the Korean War, sendin
The South Korean government has unveiled new measures aimed at improving the country's tariff-rate quota system and preventing unfair practices by importers exploiting it.
The South Korean government condemned the Russian embassy in Seoul for displaying a banner with the message 'Victory will be ours', sparking a diplomatic reaction.
The Russian embassy in Seoul displayed a banner glorifying the war, prompting the South Korean government to request its removal, which Russia refused.
The South Korean government announced plans to roll out cash assistance to the bottom 70 percent of income earners later this month. This initiative aims to alleviate financial strain caused by rising oil prices and the ongoing Middle East crisis.
The South Korean government plans to exempt owners of multiple homes from heavier taxes if they sell their properties by May 9, aiming to stabilize the housing market.
The South Korean government has launched a program to financially support individuals adopting retired public service dogs, covering up to 60 percent of expenses with an annual subsidy of up to W1 million.
The South Korean government has issued a warning to Korean Tesla owners, stating that illegally enabling Full Self-Driving (FSD) features is a criminal offense. This highlights regulatory concerns regarding autonomous driving technology.
The South Korean government is reviewing potential restrictions on naphtha exports due to supply shortages caused by ongoing geopolitical tensions in the Middle East, impacting petrochemical and other industries.
The South Korean government has proposed a revision to regulations that would require the disclosure of electric vehicle battery manufacturers and their country of origin.
A South Korean government-affiliated think tank estimates that North Korea could earn over 2 trillion yen (approximately $13 billion USD) from dispatching troops and exporting weapons to Russia. This income is seen as potentially offsetting the effects of international economic sanctions on North Korea.
Amazon Web Services Korea is increasing its infrastructure investment this year, focusing on expanding into the public sector and advancing agentic AI, aligning with the South Korean government's goal to become a top-three global AI leader.
A South Korean government tax scheme, the Reshoring Investment Account (RIA), designed to respond to overseas equity flows and currency volatility, remains stalled in the National Assembly despite shifting market conditions.
South Korea's Ministry of Education will conduct a nationwide survey on school uniform prices after President Lee Jae Myung raised concerns about their excessive cost. The government is considering an overhaul to address the issue.
The South Korean government has introduced a new regulation requiring all health advertisements featuring AI-generated doctors to be clearly labeled as such.
The South Korean government has reached an agreement to transfer a prototype of its KF-21 Boramae fighter jet to Indonesia, advancing their joint defense project.
The South Korean government has revoked military honors awarded to officials involved in the December 12, 1979, military coup, a decision approved at a Cabinet meeting presided over by President Lee Jae Myung.
The South Korean government has stated that there will be no significant oil supply disruption in April, aiming to dismiss concerns and woes from the industry.
The South Korean government has launched an audit into the Korea National Oil Corp. after discovering that 900,000 barrels of foreign-owned crude oil stored at a local strategic facility were sold overseas, with the industry ministry confirming the audit on Friday.
While the South Korean government aims to end overseas adoption by 2029, a survey by a state research institute suggests the goal may remain difficult unless the country moves beyond its strong…
The South Korean government has issued a level-1 alert in response to a possible energy disruption. Officials have also vowed to take stern action against any unfair market practices that may arise during this period.
The South Korean government has announced 2.1 trillion won ($1.46 billion) in financial support for the country's first petrochemical restructuring, specifically backing an overhaul of the Daesan complex involving Lotte Chemical Corp. and HD Hyundai Chemical.
The South Korean government has condemned the display of a banner with the message 'Victory will be ours' at the Russian Embassy in Seoul, just days before the fourth anniversary of Russia's invasion of Ukraine.