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Gov’t to ease regulations in economic zones
Aug 27, 2015
Investors who build factories in free economic zones (FEZs) will no longer have to go through environmental impact assessments twice if they meet the requirements the first time. In addition to these eased regulations, companies that operate in free trade zones (FTZs), a s...


Civil servant pension reform makes concessions for futu...
Aug 25, 2015
A pension is an essential financial asset that guarantees stability in one's later years. People may want to contribute less to their pension out of their monthly income, but still receive a payout after retirement. However, as a super-aged society approaches, countries face a se...


Koreas cast aside war, move toward peace
Aug 25, 2015
“It is so fortunate that the high-level inter-Korean talks have helped to amend the current situation, to guarantee that no such occurrences of provocative actions will happen again, and to build the foundation for the development of inter-Korean relations. We hope both sides can...


President emphasizes need for NK apology, assurances
Aug 24, 2015
President Park Geun-hye has shown her will to respond to recent North Korean provocations in a decisive manner. During a meeting of senior presidential advisors on Aug. 24, President Park said, “The utmost importance lies in North Korea apologizing for its rece...


World health, security experts gather in Seoul
Aug 24, 2015
Health and security specialists from around the globe will gather in Seoul to discuss how to prevent and respond to new types of infectious diseases. About 500 people, including government officials and experts from 44 countries, will attend the second high-level meeti...


North Korea launches provocations across DMZ
Aug 21, 2015
The Ministry of National Defense announced on Aug. 20 that North Korea provocatively shot two artillery projectiles south of the Military Demarcation Line (MDL) at 3:53 p.m. and again at 4:12 p.m. that day. The ministry said in a statement during an evening briefing th...


President to visit China to attend WWII commemorative c...
Aug 20, 2015
Park Geun-hye will visit China early next month to attend its celebration of the 70th anniversary of the end of World War II. The above photo is from the Korea-China summit President Park held with Chinese President Xi Jinping in Seoul in November 2014. President Park Geun-hye ...


New cultural venues planned for Seoul, Gyeonggi
Aug 19, 2015
The capital region is set to receive new entertainment and tourism complexes. First, a large traditionally-themed complex will be built on a site near Gyeongbokgung Palace in central Seoul, giving people the chance to experience first-hand many aspects of traditional Kore...


President Park meets IOC head, U.S. senator
Aug 19, 2015
President Park Geun-hye (right) meets with International Olympic Committee (IOC) President Thomas Bach on Aug. 19 at Cheong Wa Dae. President Park Geun-hye met with International Olympic Committee (IOC) President Thomas Bach and separately with Cory Gardner, U.S. senator and c...


World leaders honor Korean independence
Aug 18, 2015
Heads of state from around the globe have sent congratulatory messages to Seoul to mark Korea’s 70th anniversary of independence. President Park Geun-hye received messages of congratulations from the leaders of 17 nations, including the U.S., China, Russia and India. (Fro...