Monday | Korean News
Lee Myung Bak Group's Anti-Reunification Remarks Refuted
The group of the Grand National Party of south Korea shortly ago in the "inspection of the administration" of the Ministry of Unification let loose such a string of balderdash as playing down the historic ...
Monday Oct 13 | Chosun Ilbo
NPS Loses US$450 million of Investments
NPS Loses US$450 million of Investments The National Pension Service has lost US$450 million of investments in emerging markets.
Crisis Management Guidelines Out of Date
Crisis Management Guidelines Out of Date Several of Korea s national crisis management manuals have not been updated since 2005, Grand National Party lawmaker Hong Jung-wook of the Foreign Affairs, Trade and ...
Mayhem in Assembly inspection of administration
With the opposition Democratic Party going on the offensive, the parliamentary inspection of the administration that started on Monday is facing a crisis.
GNP Accused of Inciting Confrontation with Compatriots
A few days ago riff-raffs of the Grand National Party of south Korea, citing information released by the "Ministry of Unification", talked the nonsense that "there was the great possibility of the money ...
Study Promotes 3-phase Provincial Redrawing Plan
The results of a study released yesterday said provincial governments should be integrated in three phases over seven to 10 years, with residents having the final say in reforming the country's administrative ...
Political Parties Wrangle Over Cyber Slander Act
Political parties were bogged down in wrangling Friday over the Cyber Slander Act that would require people to use their real names when posting comments on the Internet and punish cyber-bullying. The ruling ...
The government audit by the 18th National Assembly began its 20-day run yesterday.
S. Korea official: N. Korea buying weapons from China, Russia
North Korea has spent $65 million since 2003 to purchase weapons systems from China, Russia and other countries to bolster its military forces, a South Korean lawmaker said Monday.
Public Sector CEOs Earn Double Pay via Bonuses
A report announced yesterday said senior executives at eight state-run corporations have received incentives equal to double their base pay, inviting harsh criticism over budget waste.
Ruling Party Seeks Anti-Cyber Abuse Law
In the wake of the shocking suicide of leading actress Choi Jin-shil, the ruling Grand National Party is moving to adopt a law named after her to punish those who spread malicious rumors online.
We Must Pick Firms for Bailout Carefully
We Must Pick Firms for Bailout Carefully The government and the Grand National Party decided Wednesday to give W4.3 trillion in emergency financial aid to small- and medium-sized companies to help them ...
Government plans $3.6 billion bailout for SMEs
The government has come up with a package to rescue smaller firms facing a liquidity crunch and losses from currency hedge derivatives.
Hey, But At Least We're Not as Shitty as Taiwan
According to a poll of 7,000 barbarians by the Korea Tourism Organization, Korea was the second least attractive tourist destination in Asia : Korea is one of the least attractive countries for tourism, but the ...
Korean Defense Industries Assailed by Hackers
The country's defense industry faces a serious security risk from hackers. Grand National Party lawmaker said Sunday based on data provided by the National Security Research Institute that LIGNex1, a guided ...
GNP backs plan to alter home tax
The comprehensive real estate tax is moving to the next level after the ruling Grand National Party agreed yesterday to a revision that would raise the tax s lower limit to 900 million won .
Most of Korea s 50,000 Foreign Students Come from Asia
Most of Korea s 50,000 Foreign Students Come from Asia Some 50,000 foreign students study in Korea, and more than 90 percent of them are from Asia.
POSCO Foundation Blasted for Focus on Leftwing Groups
POSCO Foundation Blasted for Focus on Leftwing Groups The POSCO TJ Park Foundation established by Korea s biggest steelmaker provided study-abroad expenses for 30 civic activists over last three years, but ...
Comprehensive Real Estate Tax To Be Reformed
The government will reform the embattled comprehensive real estate tax, whereby heavy duties have been levied on homes worth more than W600 million since 2005 .
President insists on tax change
Finance Minister Kang Man-soo answers questions from lawmakers at the National Assembly special committee meeting yesterday.