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President urges N. Korea to come forward for inter-Kore...
Jan 06, 2015
President Park Geun-hye (center) urges North Korea to quickly come forward for dialog and cooperation during the first cabinet meeting of the year on January 6. “North Korea should quickly come forward for inter-Korean dialogue and cooperation, and should hold substantial discuss...

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More Chinese soldier remains to return home
Jan 06, 2015
The Korean government has decided to return by this March the remains of an additional 60 Chinese soldiers who were killed during the Korean War (1950-53). The Ministry of Foreign Affairs and the Ministry of Defense announced on January 5 that high-ranking officials had met with ...

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Foreign direct investment hits record in 2014
Jan 05, 2015
Foreign direct investment (FDI) coming into Korea set an all-time record in 2014. FDI in Korea hit a declared USD 19 billion in 2014, the highest ever, and USD 11.52 billion of that has already arrived, the Ministry of Trade, Industry and Energy (MOTIE) announced on January 5. FD...

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Intellectual property rights data becomes more accessib...
Jan 05, 2015
The use of intellectual property rights-related data has now gotten easier. Domestic and international intellectual property rights, including patents and designs, has now become more accessible to the public. The Korean Intellectual Property Office (KIPO) announced strategies to...

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Korea broadens aid to Palestine, Pakistan
Jan 05, 2015
Korea has extended its grant-type aid cooperation with the world.Korea and Palestine have agreed to establish a training institute for public servants in Palestine and have signed a Record of Discussions concerning the institute. This document was concluded by Foreign Minister Yu...

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Better economy, inter-Korean relations are our prioriti...
Jan 05, 2015
President Park Geun-hye convened a New Year’s meeting with top government officials at Cheong Wa Dae on January 2.At the meeting, she disclosed her firm New Year’s resolutions: to carry out practical measures to improve the economy and to improve inter-Korean relations. Pres...

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Gov't to spend KRW 452.2 billion on creative industries
Jan 02, 2015
The government intends to spend KRW 452.2 billion in 2015 to promote the creative industries. The government announced its action plan to promote the creative industries during its "fifth contents industry promotion committee meeting" presided over by the prime minister on Decemb...

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Health care services to improve in 2015
Jan 02, 2015
With the beginning of 2015, government ministries have come up with their new plans for the new year. The Ministry of Health and Welfare recently announced some major improvements to health insurance and to care services. First, vaccinations for children will be improved. Un...

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N. Korean leader’s speech is meaningful: unification mi...
Jan 02, 2015
In his recent brief remarks, Korean Unification Minister Ryoo Kihl-jae said that the government hopes that the two Koreas will be able to hold a dialogue in the near future, regardless of its format. His remarks came following North Korean leader Kim Jong-un's New Year's address ...

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We will put an end to 70 years of division: president
Jan 02, 2015
President Park Geun-hye started off the first morning of 2015 by visiting the Seoul National Cemetery. Early on January 1, the president visited the cemetery to pay her respects to patriotic martyrs and to the fallen heroes who sacrificed their lives for the country. Prime Minist...