Rocket engine expert, ex-NASA exec to lead Korea's new space agency

South Korea on Tuesday tapped a South Korean liquid rocket engine expert and a Korean-American who retired from the National Aeronautics and Space Administration in the United States for the leadership positions of the nascent space agency set for blastoff in late May. According to the presidential office in Seoul, Yoon Young-bin, an aerospace engineering professor at the Seoul National University, was named the new administrator of the Korea AeroSpace Administration, or KASA. Yoon's four d

April 24, 2024

[News Analysis] After election defeat, where is ex-PPP leader headed?

Following the ruling People Power Party’s bitter defeat in the April 10 parliamentary elections, the party's ex-interim leader Han Dong-hoon has faced a barrage of criticism. The latest attack on Han, however, came not from a member of the main opposition party, but from a star politician in Han's own conservative bloc -- five-term lawmaker and Daegu Mayor Hong Joon-pyo. In recent weeks, Hong has labeled Han a “traitor” and a “political celebrity who only took selfies,&rd

April 24, 2024

Korean, Romanian leaders discuss defense tech, nuclear energy

The leaders of South Korea and Romania agreed to seek bilateral cooperation in diverse fields, particularly with the defense industry and nuclear energy in focus, during a summit held in Seoul on Tuesday. "I hope (Iohannis's visit to Korea) this year could help our discussion related to military equipment and nuclear energy bear fruit," President Yoon Suk Yeol said in the welcoming remarks of the summit. "Today, we can take our bilateral strategic partnership to the next leve

April 23, 2024

Rebuilding Korea Party leader Cho puts forward 10 demands for Yoon to follow after general elections

Rebuilding Korea Party leader Cho Kuk, known for his vocal criticism of President Yoon Suk Yeol, demanded Monday that Yoon accept a special counsel probe into allegations involving first lady Kim Keon Hee. The demand was among 10 requests that Cho said Yoon should accept in accordance with the public sentiment revealed in this month's parliamentary elections in which Yoon's People Power Party suffered a resounding defeat. "These are the minimum 10 things for President Yoon Suk Yeo

April 22, 2024

Yoon renews focus on AI, bio, quantum tech

President Yoon Suk Yeol said Monday that artificial intelligence, biotechnology and quantum technology constitute the three major pillars of South Korea's future economy, renewing his push for breakthroughs in research and development. At a Telecommunication Day celebration held in Gwacheon, Gyeonggi Province, Yoon promised during his speech to make South Korea a "top 3 global science technology powerhouse" through massive investment and strategic cooperation with partners in the

April 22, 2024

Yoon seeks rebound, taps 5-term lawmaker as chief of staff

President Yoon Suk Yeol on Monday named his new chief of staff and senior secretary for political affairs, which observers see as a bid for a breakthrough after the ruling party’s bitter defeat in the April 10 parliamentary elections. It is also an apparent aim to counter snowballing criticism surrounding the lack of communication among the presidential office, the Cabinet and the National Assembly ahead of his planned meeting with the main opposition leader, observers added. In a rare app

April 22, 2024

Journalist-turned-lawmaker named new chief of staff

President Yoon Suk Yeol’s new chief of staff, Rep. Chung Jin-suk, is a former journalist from a family with a political legacy. His appointment as presidential chief of staff follows his defeat in the April 10 election for the National Assembly against the rival Democratic Party of Korea candidate and former lawmaker Park Soo-hyun. Chung is the president’s third chief of staff and the first with experience in the Assembly. His two predecessors, Lee Kwan-sup and Kim Dae-ki, were bot

April 22, 2024

[Bills in Focus] Power grid expansion, recycling support

Pending Bill: Special Act on the Expansion of the National Power Grid Proposed by Kim Sung-won (People Power Party) ● The evolving electricity production and high-tech industries have called for expanding the national power grid to address the increased supply of renewable energy and the need for a long-distance power transmission network. In particular, the success of new investments in high-tech industries, such as the Yongin Semiconductor Cluster, hinges significantly on preparing special mea

April 22, 2024

DP appoints new secretary general, chief policymaker

The main opposition Democratic Party appointed Rep. Kim Yun-duk, a close confident of party leader Rep. Lee Jae-myung, as its secretary general Sunday, while Rep. Jin Sung-joon was named as new chief policymaker. Both Kim and Jin are two-term lawmakers reelected for another time in this month's general elections. The appointments came after the DP's outgoing secretary general, Rep. Cho Jeong-sik, and party officials related to policymaking functions voluntarily resigned in a reorganiza

April 21, 2024

W13tr cash handout likely top agenda for Yoon's 1st meeting with Lee

Democratic Party of Korea Chair Rep. Lee Jae-myung's proposal to dole out 250,000 won ($182) to every South Korean appears to be the top agenda item in a highly anticipated meeting between Lee and President Yoon Suk Yeol, likely to take place this week after the opposition party's sweeping victory in the general election. Lee said Friday in a live streamed meeting with his party members that he "spoke briefly with President Yoon over the phone and accepted his offer to hold a meet

April 21, 2024

Opposition blames Yoon’s ‘China-exclusionary’ policies for South Korea’s G7 summit exclusion

The Democratic Party of Korea said Sunday that President Yoon Suk Yeol’s foreign policies, which it perceives as isolating China, were the reason behind South Korea's exclusion from this year’s Group of Seven summit scheduled for July in Italy. The major opposition party said the exclusion in the forthcoming G7 summit “comes as South Korea, under Yoon, has been strengthening its solidarity with Western countries including the US and Japan at the expense of our relations wi

April 21, 2024

Details of meeting between Yoon, opposition leader undecided: presidential office

Details, including the time and form, of a proposed meeting between President Yoon Suk Yeol and main opposition leader Lee Jae-myung have yet to be set, the presidential office said Saturday. In a message to the press, Yoon's office also dismissed media reports that the date for what would be their first-ever meeting has been confirmed. On Friday, the presidential office said Yoon proposed holding the meeting next week after congratulating Lee of the Democratic Party and other party members

April 20, 2024

Yoon offers first one-on-one meeting with opposition leader next week

President Yoon Suk Yeol has invited main opposition leader Lee Jae-myung to their first one-on-one meeting through a brief phone call, the presidential office said Friday. In a surprise 5-minute phone call between the two, Yoon asked Lee to meet him next week at Yongsan, where the presidential office is located, an official at the presidential office told reporters. In his first phone call to Lee, Yoon added that he hoped to frequently meet from now on to discuss national affairs “over tea

April 19, 2024

Main opposition seeks to railroad more pending bills ahead of new parliament

The main opposition said Friday it was looking to railroad more contentious bills before the new parliament members are sworn in, a day after it passed an amended version of the revision to the Grain Management Act that was vetoed by President Yoon Suk Yeol last year. Democratic Party of Korea leader Lee Jae-myung emphasized the urgency of passing key bills, including an amendment to the law that strengthens protection for victims of real estate fraud, before the current assembly term concludes

April 19, 2024

Yoon's approval rating plunges to all-time low

President Yoon Suk Yeol's approval rating was at 23 percent to mark the lowest figure since he took office, a poll showed Friday, as the ruling party struggled to recover from its crushing defeat in the general elections held last week. The Gallup Korea poll, conducted on April 16-18 on 1,000 adults across the country, showed that positive assessment of Yoon's performance dropped 11 percentage points from the previous survey, which was taken at March 26-28 before the parliamentary election. The

April 19, 2024

Yoon's approval rating sinks to all-time low following election loss

President Yoon Suk Yeol's job approval rating hit an all-time low in the third week of April, as the ruling bloc reels from the repercussions of massive losses in the April 10 general election, a poll showed Thursday. Yoon's approval rating came to just 27 percent, the lowest since Yoon took office in May 2022, according to a poll conducted by the National Barometer Survey. The previous low was 28 percent in the second week of August 2022. The president's popularity plunged by 1

April 18, 2024

Contentious grain bill put directly to plenary meeting for vote

A main opposition-controlled parliamentary standing committee on Thursday unilaterally passed a total of five contentious bills, including a watered-down version of the revision to the Grain Management Act that was vetoed by President Yoon Suk Yeol last year. The move aims to expedite their consideration, intending to usher them directly into a plenary session at the National Assembly for voting. The main opposition Democratic Party of Korea has accelerated the passage of contentious bills follo

April 18, 2024

Democratic Party of Korea pushes universal cash subsidies to ‘save economy’

The Democratic Party of Korea on Wednesday proposed doling out monetary subsidies of some 14 trillion won ($10.1 billion) in total to boost consumption, reiterating the party’s key general election pledge. During a leadership meeting, the Democratic Party’s leader Rep. Lee Jae-myung said his party would put forward an official proposal for adopting what he called “emergency measures” to “restore livelihoods and save the economy.” Making a case for universal ca

April 17, 2024

Yoon's office denies considering liberal figures for key posts

The presidential office on Wednesday denied rumors that President Yoon Suk Yeol, in his search for candidates for a new prime minister and key aides, reached out to liberal figures who formerly worked for his predecessor Moon Jae-in. The presidential office "has not considered any plans to hire former SMEs and Startups Minister Park Young-sun or Yang Jung-chul, former head of the Institute for Democracy," it said in a statement Wednesday. The Institute for Democracy is the main opposit

April 17, 2024

Conservative bloc divided over Han’s role in election defeat

Several members of the conservative bloc have exchanged blows among themselves in recent days, locking horns over whether the ruling party’s former interim leader is to blame for the devastating defeat in last week’s general election. Daegu Mayor and five-term conservative lawmaker Hong Joon-pyo kicked off a round of intense debate Friday by blaming Han for the People Power Party’s latest loss through a Facebook post. “(The People Power Party), which has survived the rive

April 16, 2024