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Gov't invests KRW 41 trillion to boost economy
Aug 01, 2014
The economic team of the Park Administration has decided at a recent meeting to provide over KRW 41 trillion in economic stimulus to the domestic economy. The decision came out of concern that the nation's economic growth continues to be slowing and that the current recovery rema...

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Korea, Mekong region to boost cooperation
Jul 31, 2014
Korea and five countries along the Mekong River have reached an agreement to further expand economic and developmental cooperation. Foreign ministers from Korea, Vietnam, Cambodia, Thailand, Laos and Myanmar gathered in Seoul on July 29 to discuss a wide range of issues concernin...

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Korean letter arrangement accepted as int’l standard
Jul 30, 2014
The arrangement of Korean letters, syllabic blocks, digits and symbols has recently been newly added as an international standard used by the International Telecommunication Union (ITU). At the ITU-T Study Group meeting in June this year, the Cheonjiin (천지인) system of arranging K...

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President meets Tokyo governor
Jul 28, 2014
President Park Geun-hye met with Yoichi Masuzoe, governor of Tokyo, on July 25 to discuss pending issues between Korea and Japan, including ongoing historical debates between the two countries. President Park said that the peoples of the two nations have amiable relations and a t...

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Gov’t to help overseas workers receive severance pay
Jul 24, 2014
Korea will strengthen the management of its departure guarantee insurance system that covers non-Korean workers in the country. The Korean government will help foreign workers receive their departure guarantee insurance, which many of them fail to receive when they depart Ko...

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Park administration launches 2nd cabinet lineup
Jul 22, 2014
Park Geun-hye's administration has officially launched its second lineup of cabinet members. President Park swore into office seven ministerial level officials on July 18, including Deputy Prime Minister & Minister of Strategy and Finance Choi Kyung Hwan, and four vice-minist...

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Asian-Pacific nations seek sustainable development
Jul 22, 2014
Public servants and professionals from 23 Asian and Pacific countries, all specialized in environmental policies, gathered in Seoul from July 16 to 18 to discuss, "improving resource efficiency and sustainable development." They were attending the ninth Policy Consultation Forum ...

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Korea, Portugal hold summit talks
Jul 22, 2014
“I received your warm welcome when I visited Lisbon three years ago. I am glad to see you again in Seoul. I still remember the beautiful view of the Fatima Shrine and have fond memories of Portugal. I am aware that this is the first official visit to Korea by a Portuguese leader....

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President sends condolences to plane crash families
Jul 21, 2014
President Park Geun-hye sent messages of condolence to Malaysian Prime Minister Najib Razak and to Dutch Prime Minister Mark Rutte on July 19 concerning the July 17 downing of Malaysia Airlines flight MH17. President Park Geun-hye (photo: Cheong Wa Dae)In the message to the ...

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Korea, Dominican Republic share farming expertise
Jul 18, 2014
A center for agricultural cooperation between Korea and the Dominican Republic recently opened in Santo Domingo, the country’s capital. The establishment of the new KOPIA center, an abbreviation for the center for the "Korean Project on International Agriculture," was created as ...