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Gov’t to focus on customized welfare, job creation in 2...
Jan 21, 2016
The government has vowed to work toward youth job creation and toward an individualized welfare service in order to improve the quality of life for all Korean citizens. Four government ministries announced their measures aimed at those goals during a policy briefing at C...

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Come and visit Korea more often: president
Jan 21, 2016
A launch ceremony to celebrate the beginning of the “Year of Visiting Korea” was held in Beijing on Jan. 20. During the ceremony, President Park Geun-hye voiced her hope in a video message that, “Over thousands of years, Korea and China have interacted culturally with e...

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Bloomberg ranks Korea world's most innovative economy
Jan 21, 2016
"In the world of ideas, South Korea is king." Korea ranked first in the 2016 Bloomberg Innovation Index, with a top score of 91.31 points. This is the third year in a row that Korea topped the innovation index, having scored first place in 2014 and 2015. ...

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Gov’t informatization to advance wellness, creative eco...
Jan 20, 2016
The government will increase its investment in national informatization projects in order to realize the current administration's core visions of a creative economy and happiness for the people. Informatization projects include, among other things, developing new technologies in ...

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Creative industries, cultural enrichment to bring econo...
Jan 19, 2016
Six government bodies will join forces to reinvigorate the economy, focusing on the “creative industries” and on “cultural enrichment.” The Ministry of Science, ICT and Future Planning, the Ministry of Culture, Sports and Tourism, the Ministry of Health & Welfare and...

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National health insurance to cover traditional medicine
Jan 18, 2016
The Korean healthcare system will expand its insurance coverage to include more traditional Korean medicine treatments. Previously, patients were only able to get insurance coverage for acupuncture, ddeum, a method of treatment where moxa, a type of plant, is burned on th...

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Gov’ t gears up to bolster economy in 2016
Jan 15, 2016
The government has now set out its plans to strengthen exports and to stabilize domestic consumption. It will also work on stabilizing the housing market and on solving the high rate of household debt. The seven government ministries that oversee various sectors of the eco...

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Condolences and consolation to Indonesia
Jan 15, 2016
On Jan. 14, the Korean government condemns the bombing in Jakarta and expresses its deep condolences and consolation to the victims and to their bereaved families. The Korean government issued a strong statement on Jan. 14 condemning the recent bombing in Jakarta. The F...

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Presidential Archives open in Sejong City
Jan 15, 2016
Korea's new Presidential Archives open in Sejong City on Jan. 14. A new archive for presidential records and documents opened in Sejong City on Jan. 14. All the records previously preserved at the National Archives of Korea in Seongnam, Gyeonggi-do Province, have...

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S. Korean, Russian foreign ministers to hold phone talk...
Jan 14, 2016
Russian Foreign Minister Sergey Lavrov pledged Wednesday to cooperate on the U.N.'s move to deal with North Korea's latest nuclear test, Seoul's foreign ministry said. Lavrov delivered the message in a telephone conversation with his South Korean counterpart Yun Byung-se. ...