[Editorial] The Stock and Foreign Exchange Markets Have Staggered for Two Days; Comprehensive Measures for Market Stability Are Required
The Korean stock and foreign exchange markets have experienced instability for two consecutive days due to the impact of the war between the US, Israel, and Iran, with significant declines and surging exchange rates prompting calls for government intervention.
Government to Expand Support for Crude Oil Purchasing Funding... Shifting to Domestic Naphtha
The South Korean government has decided to expand its support for funding crude oil purchases in response to rising oil prices due to escalating tensions in the Middle East.
[Exclusive] Cancellation of Truth Finding for Baek Nak-jeong, Re-trial Initiated for 'Violation of 1948 Proclamation' Charges
A re-trial has been initiated regarding the charges against the late Baek Nak-jeong for violating military proclamations during the US military government period, following the controversial cancellation of his truth finding due to newly discovered information.
Heat from Air Recognized as 'Renewable Energy'... Government to Promote Heat Pump Distribution
The South Korean government plans to promote the use of heat pumps for heating following the official recognition of air heat energy as renewable energy.
Yellow Envelope Law Implementation D-6... Koo Yoon-cheol Says 'Communicate with Responsibility Regarding Collective Bargaining Requests in the Public Sector'
The South Korean government's implementation of the 'Yellow Envelope Law' on labor relations emphasizes the importance of communication and responsibility in collective bargaining within the public sector as the law goes into effect soon.
Personnel Changes on March 4
The article lists a variety of personnel changes within several Korean government ministries and institutions, including promotions and appointments.
The Conditions for the Success of the Lee Jae-myung Government's 'State-led Growth'
The South Korean government under President Lee Jae-myung emphasizes state-led economic growth amidst challenges like declining potential growth rates and global economic crises.
Ministry of Industry, Checking Stockpiled Oil and Supply Chains in Response to the Middle East Crisis
In response to growing economic concerns due to the shifting dynamics in the Middle East after the U.S. and Israel's attacks on Iran, the South Korean government has elevated its emergency response organization and initiated a crisis management system.
Koreans and Travelers in the Middle East Under Fire: 'Only Recommendation is to Stay Indoors... No Additional Guidance from the Government'
Korean nationals and travelers in the Middle East face fear and uncertainty as the Korean government has provided limited guidance and evacuation plans amid escalating conflicts triggered by US airstrikes on Iran.
Government and ruling party discuss relocating 21,000 South Koreans from 13 Middle Eastern countries due to regional war
The South Korean government is assessing the situation to potentially relocate 21,000 citizens in the Middle East to neighboring countries or back to South Korea amid escalating conflict in the region.
Cultural Day Expanded to Every Wednesday Starting in April
The South Korean government is expanding the 'Cultural Day' program from the last Wednesday of each month to every Wednesday starting April 1, 2024, to enhance access to cultural activities.
Government to Focus on Public Opinion on Criminal Procedure Issues in March-April
The South Korean government is set to conduct intensive public consultations on key issues related to criminal procedure law, including supplementary investigative powers, during March and April.
Government to Secure Resources Outside the Middle East in Preparation for Possible Closure of the Strait of Hormuz
The South Korean government is taking steps to secure energy supplies from outside the Middle East in response to escalating tensions in the region that could lead to the closure of the Strait of Hormuz.
Regulation of Comprehensive Wage System and the Limitations of Not Being Completely Prohibited
The Korean government is moving to regulate the comprehensive wage system to prevent the abuse of unpaid long hours of work.
17,000 Citizens in 10 Middle Eastern Countries... Government Prioritizes Safety Amid Long-term Possibility of Iran Situation
The South Korean government is focusing on ensuring the safety of approximately 17,000 of its citizens residing in ten Middle Eastern countries amid rising tensions following US and Israeli attacks on Iran.
Approximately 17,000 citizens staying in over 10 Middle Eastern countries... Government and companies focus on protecting citizens and local employees
The South Korean government is taking measures to ensure the safety of its citizens in the Middle East amid rising military tensions due to U.S. and Israeli actions against Iran.
Park Hong-geun and Hwang Jong-woo Nominated as Minister Candidates
The South Korean government nominated Park Hong-geun and Hwang Jong-woo for the positions of Minister of the Ministry of Economy and Finance and Minister of the Ministry of Oceans and Fisheries, respectively.
Government expresses concern over Middle East situation and emphasizes participation in international efforts to resolve Iran's nuclear issue
The South Korean government has expressed concern regarding the developments in the Middle East, particularly related to Iran, while affirming its commitment to the international non-proliferation regime and the resolution of Iran's nuclear problem.
Kim Min-seok: 'Financial fluctuations and rising oil prices are emerging impacts... Each ministry should prepare countermeasures for all scenarios'
South Korean Prime Minister Kim Min-seok urged government ministries to proactively prepare countermeasures for various scenarios in light of escalating tensions in the Middle East.
Climate Ministry: The Impact of US-Iran Airstrike on Domestic Electricity Rates is Limited
The South Korean government has stated that the recent US and Israeli airstrikes in Iran will have a limited short-term impact on domestic electricity prices due to a decrease in power demand caused by rising spring temperatures.
Actor Myung Gye-nam Appointed as Governor of Hwanghae Province
The South Korean government announced the appointment of actor Myung Gye-nam as the governor of Hwanghae Province, a position equivalent to vice-ministerial level.
Safety Management for BTS Gwanghwamun Concert with Minister of Interior and Safety Involvement
The South Korean government is taking extensive safety measures for the upcoming BTS concert in Gwanghwamun Square, expecting a large crowd of about 260,000 attendees.
The government provides heating cost support for 10,000 households transitioning from briquettes to gas boilers
The South Korean government will support heating costs for 10,000 households transitioning from coal briquettes to gas boilers as part of an energy efficiency initiative.
President Yoon, regarding the Iran situation, 'Emergency response system centered on the Prime Minister during the diplomatic tour'
South Korean President Yoon Suk-yeol has assured citizens about the government's readiness to ensure safety and stability amid rising uncertainties following the death of Iran's Supreme Leader Ayatollah Ali Khamenei.
Is it going to take 2 years to supply '10,000 households' in Yongsan? If the school issue is resolved, it could be possible in 8 months
The South Korean government and Seoul city are in dispute over the timeline for increasing housing supply in the Yongsan International Business District, with the city predicting a two-year delay while the government claims an extension of only 6-8 months is needed.
Personnel Changes on March 2
Various personnel appointments and changes within South Korean government bodies and educational institutions are reported.
βWhy was the inclusion of primary contractor unions in the negotiation window integration omitted from the Yellow Envelope Act manual?
The South Korean government has implemented a new labor law requiring primary contractors to negotiate with subcontractor unions, yet the inclusion of primary contractor unions in this process has been omitted from the official manual.
Government to Monitor Iranian Strikes for 24 Hours... Considering Release of Strategic Oil Reserves
The South Korean government is closely monitoring the impacts of US-Israeli strikes in Iran on domestic and international financial and energy markets.
High-precision maps, ultimately to Google... Is it a loss of 197 trillion won or an opportunity to attract tourists?
The South Korean government has approved the export of high-precision maps to Google, raising concerns about its impact on local industries but also highlighting potential benefits for the tourism sector.
US attacks Iran... Government calls for efforts to ease tension
The South Korean government has urged all parties involved to work towards reducing regional tensions amidst escalating military actions by the US and Israel against Iran.
Kim Jong-un courts Trump
North Korean leader Kim Jong-un suggests that relations with the United States could improve if the U.S. government recognizes North Korea as a nuclear power, according to state media reports following an important party congress.
Government Grants Conditional Approval for Google to Export Maps, Using it as Leverage Against U.S. Tariff Increases
The South Korean government has conditionally approved the export of high-precision maps to Google, responding to pressure from the U.S. amid increased tariff threats.
Google's Approval for Exporting 'High-Precision Maps' Reduces US-Korea Trade Frictions, But...
The South Korean government has approved the export of high-precision maps demanded by American tech companies, which may influence trade negotiations between the US and Korea.
βWhen submitting university assignments, students must disclose AI useβ... The Ministry of Education unveils ethical guidelines
The South Korean government has released draft ethical guidelines for the use of artificial intelligence (AI) in universities amidst growing concerns over academic dishonesty related to AI.
[Column] Coupangβs play in Washington
The interim CEO of Coupang's Korean subsidiary testified before the US House Judiciary Committee regarding allegations of discrimination against US companies by the Korean government.
Government Finally Grants Google 'High-Precision Map Export' Permission... Naver and Kakao to Face Inevitable Damage
The South Korean government has granted Google permission to export high-precision maps, raising concerns about the impact on domestic map service providers Naver and Kakao.
Government to Conduct Comprehensive Reinvestigation of Illegal Use of Rivers and Valleys Facilities; Severe Penalties for Intentional Omission
The South Korean government is launching a thorough reinvestigation into facilities illegally occupying rivers and valleys, promising severe penalties for local governments found guilty of negligence or intentional omission.
Government announces manual for the Yellow Envelope Law: 'Separate negotiations for primary and subcontractor unions'
The South Korean government has released a manual stating that under the new Yellow Envelope Law, subcontractor unions will negotiate separately from primary contractor unions.
Kim Eui-jung, who captured Trumpβs heart, promoted to director of βMASGAβ program at Ministry of Industry
The South Korean government has made an unusual direct promotion of an official involved in pivotal U.S.-Korea tariff negotiations to a director position.
Government grants conditional approval for Google to export high-precision maps...must conceal military facilities
The South Korean government has granted Google conditional approval to export high-precision maps, imposing strict security measures to protect sensitive information.
Allowed to bring in duty-free items up to $800 even if unable to depart due to flight cancellations
The South Korean government announced that travelers affected by flight cancellations can bring in duty-free items worth up to $800, in addition to expanding tax deductions for safety facilities in companies to prevent industrial accidents.
Spread of AI Deepfake Videos Before Local Elections... Government to Respond with Zero Tolerance Policy
The South Korean government is intensifying its response against the spread of AI-generated deepfake videos that falsely depict candidates ahead of the June 3 local elections.
This Year's ODA Scale Confirmed at 5.4375 Trillion Won, Reduced by 1 Trillion from Last Year
The South Korean government has confirmed this year's Official Development Assistance (ODA) budget at 5.4375 trillion won, a reduction of 1 trillion won compared to last year.
Lethal and Thorough 'Coupang Play' [Cosmopolitan]
Coupang's interim CEO Harold Rogers recently appeared before the U.S. House Judiciary Committee amid ongoing scrutiny over alleged discrimination against American tech firms by the Korean government, following a massive data breach involving sensitive customer information.
Autonomous A2G Receives Approval for First 'National Core Technology' Export in Autonomous Driving
A South Korean startup, Autonomous A2G, has received government approval for the export of autonomous driving technology, marking a significant step for South Korea's entry into the Middle Eastern market.
Democratic Party to Introduce 'Minimum Guarantee System' for Rent Fraud Deposits to Ensure Recovery of Certain Proportion
The South Korean government and ruling party plan to introduce a 'minimum guarantee system' to help victims of rent fraud recover a portion of their rental deposits.
Oral COVID-19 Treatment Limited to Paxlovid Only, Lagrevio Use Suspended
The Korean government has announced that starting next month, the oral COVID-19 treatment will be limited to Paxlovid only, as Lagrevio will no longer be available due to stock depletion.
Spring Season with Decreased Power Demand and Increased Supply... Operation of Power Supply Measures Period
The South Korean government will implement power supply stabilization measures from March 28 to June 14 due to decreased power demand in spring.
Strengthening School History Education: Increasing Focus on Modern History in Middle School and Promoting New History Electives in High School
The South Korean government plans to enhance history education in schools by increasing the emphasis on modern history in middle school curricula and introducing new elective history courses in high schools.
To Kim Jong-un, who excludes our ethnic group... Cheong Wa Dae says 'We must refrain from confrontational remarks and build mutual trust'
The South Korean government expresses its commitment to peaceful co-existence with North Korea despite recent hostile statements from Kim Jong-un.