Most Popular
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Samsung entangled in legal risks amid calls for drastic reform
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Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
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Seoul blanketed by heaviest Nov. snow, with more expected
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[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
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Seoul snowfall now third heaviest on record
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Samsung shakes up management, commits to reviving chip business
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K-pop fandoms wield growing influence over industry decisions
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Heavy snow of up to 40 cm blankets Seoul for 2nd day
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Seoul's first snowfall could hit hard, warns weather agency
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How $70 funeral wreaths became symbol of protest in S. Korea
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‘The longest night in Turkey: Aborted putsch against constitutional order’
By Turkish Ambassador to Korea Arslan Hakan Okcal What had unfolded on the night of July 15 in Turkey was a failed attempt by a small faction of our armed forces to subvert our democratically elected government and constitutional order. This revolt was unrelated to the vast majority of our military. The plotters were defeated by our brave compatriots, who took to the streets in droves to defend Turkey’s democracy. I am pleased to note that law and order have been swiftly restored and the culprit
July 25, 2016
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Direct flight between Warsaw, Seoul to take off
Starting Oct. 18, LOT Polish Airlines will launch a direct flight between Warsaw and Seoul, making it the first ever nonstop connection between the two countries.Serving three trips weekly in each direction between the Warsaw Chopin Airport and Incheon International Airport, the maiden initiative is expected to boost the exposure of both countries, streamlining their surging trade and investment, tourism and education exchange. The airline -- which is a member of the Star Alliance group -- will
July 25, 2016
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Thailand shores up digital economy drive
The Thai Board of Investment Seoul Office held a seminar in mid-July to promote the country’s rising digital economy and attract investors and specialists. The venue titled “Thailand: Moving forward to digital economy” gave an overview of developments in the second largest economy in Southeast Asia, as it transitions toward a knowledge-based society. Through the ambitious government initiative “Thailand 4.0,” Bangkok aims to transform the country into a regional innovation hub, housing research
July 25, 2016
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S. Korea, EU agree to continue developing FTA
South Korea's finance minister said Sunday a bilateral free trade agreement (FTA) with the European Union (EU) should be further developed despite Britain's recent exit from the world's biggest economic bloc."The South Korea-EU FTA should continue to develop despite Brexit," Finance Minister Yoo Il-ho said. The free trade deal between South Korea and the EU went into effect in 2011.South Korea's top economy policy maker made the remarks during the talks with EU commissioner for economic affairs
July 24, 2016
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Flashpoints-strewn regional security forum kicks off
The two Koreas, the U.S., China, Japan and other major regional powers are embarking on a diplomatic race this week at a security forum in Vientiane amid tension over North Korea’s ceaseless military provocations and the planned stationing of U.S. anti-missile assets here. Foreign ministers from around the Asia Pacific began to touch down in the Laotian capital on Sunday for the ASEAN Regional Forum, the region’s largest security conference organized by the 10-nation Southeast Asian bloc. Forei
July 24, 2016
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Sculptor couple to erect statue of wartime Korean laborer in Japan
A South Korean sculptor couple, who created the symbolic statue of Japanese wartime sexual enslavement victims, said on Sunday that their next project is a statue representing Korean laborers who were forced to work for Japan under its 1910-45 colonial rule.Kim Seo-kyung and her husband Kim Woon-sung said the new statue will be in the shape of a skinny young man who was forced to work like a slave during World War II.They said their goal is to erect the statue in Japan. "We want to console the s
July 24, 2016
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Korea to send delegation for Peru's presidential inauguration
South Korea's foreign ministry on Sunday said it will send a delegation of ruling party lawmakers for Peru's presidential inauguration slated for later this month on behalf of President Park Geun-hye.Under the plan, Rep. Yoo Jae-jung of the ruling Saenuri Party, who heads the Security and Public Administration Committee of the parliament, will visit Peru, along with another Saenuri lawmaker, on Thursday to congratulate Pedro Kuczynski on his inauguration as the Latin American country's president
July 24, 2016
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Korea to hold bilateral talks with Japan, U.S. at ASEAN gathering
South Korea will hold bilateral talks with Japan and the United States on the sidelines of an annual ASEAN event to discuss North Korea's nuclear ambitions and other issues of mutual concern, informed sources said Sunday.Top diplomats from regional powers and Asia-Pacific countries kicked off their three-day gathering in the Laotian capital of Vientiane, where they will hold a series of meetings led by the Association of Southeast Asian Nations. South Korea's Foreign Minister Yun Byung-se plans
July 24, 2016
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Korea calls for quick negotiations between EU and Britain
South Korea's finance minister on Saturday called for quick negotiations between the European Union and Great Britain over the British exit from the world's biggest economic bloc, South Korean officials said.Finance Minister Yoo Il-ho made the case for quick negotiations to reduce uncertainties stemming from a Brexit and minimize the negative effects on other countries.He made the comments during talks with EU commissioner for economic affairs Pierre Moscovici on the sidelines of the Group of 20
July 24, 2016
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Korea's FM Yun to highlight Pyongyang's nuke threat at ASEAN meetings
South Korea's Foreign Minister Yun Byung-se said Saturday that he will drive home the fact that North Korea's nuclear and missile threats stretch beyond the neighboring regions and affect the entire international community as he joins a series of meetings led by the Association of Southeast Asian Nations.He made the remarks in a brief meeting with reporters at Incheon International Airport before leaving for the Laotian capital of Vientiane where he will hold talks with his ASEAN counterparts in
July 24, 2016
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‘Green growth week’ to promote eco-friendly financing
With financial support being key to fostering eco-friendly growth, the upcoming Global Green Growth Week event in September seeks to provide a link between the developing world and multinational banks, organizers said Thursday. The Global Green Growth Institute plans to present the first-ever weeklong event on Jeju Island on Sept. 5-9, under the theme of “Maximizing Impact for Inclusive and Sustainable Green Growth.”With a three-pronged focus on finance, renewable energy and social inclusion, th
July 21, 2016
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Top Trump adviser blasts Korea FTA as 'mistake'
The top foreign policy adviser to Republican presidential candidate Donald Trump blasted the free trade pact with South Korea again on Monday, calling it a "mistake" that more than doubled American trade deficits with the Asian country.Sen. Jeff Sessions (R-AL), who oversees Trump's foreign policy team, has expressed deeply negative views of free trade deals, often using the pact with South Korea as an example to make the case the administration of President Barack Obama duped the country into s
July 19, 2016
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Photographs capture spirit of Colombians
A photo exhibition at the Korea Foundation Gallery in Seoul is revealing forgotten images of the past captured through the eyes of Colombians. Titled “Colombian Caribbean by Leo Matiz and Colombia in the Korean War,” the exhibition vividly illustrates the ties that bind the two countries, whose relationship was forged in blood and whose bond now prospers in the arts and culture. Twenty-five photographs by world-renowned Colombian artist Leo Matiz shed light on the Latin American country from the
July 18, 2016
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Argentina welcomes investment at independence celebration
The Argentine Embassy last week marked the country’s 200th anniversary of independence and its resurgence as a reformed economy at a reception in Seoul. On July 9, 1816, the country adopted a resolution declaring Argentina’s independence from colonial Spain and creating the Argentine Republic under the name “The United Provinces of the River Plate.” “During the last two centuries we have matured as a nation and society, gaining the wisdom that age and experience bring,” Argentine Ambassador Jorg
July 18, 2016
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Colombia, Korea mark free trade agreement entering force
Colombia and Korea marked on Friday their bilateral free trade agreement coming into force, signaling an enhanced level of economic cooperation in the future. The accord, which had been pending congressional ratification in Bogota, is the Latin American country’s first such agreement with an Asian economy. It will serve as a gateway to Asia-Pacific for Colombian firms and a bridge to Latin America for Korean enterprises, according to the Korea International Trade Association.“Colombia is going t
July 18, 2016
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South Africa inspires troubled world with Mandela’s words
Monday is Nelson Mandela International Day, which commemorates the late South African president’s sacrifices during the antiapartheid struggle and his contributions to universal human rights.The United Nations General Assembly in 2009 chose Mandela’s birthday on July 18 to honor his life and message, calling on people worldwide to devote 67 minutes of their lives to serving others -- through works such as feeding, schooling and sheltering the needy -- in recognition of the late leader’s charity
July 18, 2016
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[EYE] Shaping the game of development assistance
On paper, Kim In-shik may not be the most likely candidate to steer the Korea International Cooperation Agency. An old hand at trade and investment relations, the 67-year-old spent nearly 30 years promoting Korean products, technologies and markets around the globe for the Korea Trade-Investment Promotion Agency until his departure in 2005. It’s rare for a non-diplomat to take on the helm the organization. Despite the odds, he took the post in May, and is more than ready to prove he is the perfe
July 15, 2016
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Park arrives in Mongolia for summit diplomacy
President Park Geun-hye arrived in Mongolia on Thursday, setting in motion her summit diplomacy aimed at firming up international cooperation to deal with North Korea‘s nuclear ambitions and a rising wave of trade protectionism. During her five-day visit to the Mongolian capital of Ulaanbaatar, Park will attend the two-day Asia-Europe Meeting (ASEM), which begins Friday, and hold bilateral talks with her Mongolian counterpart Tsakhiagiin Elbegdorj. “This visit (to Mongolia) focuses on strengthen
July 14, 2016
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Germany rejects N. Korea's new ambassador nominee to Berlin: report
Germany has rejected North Korea's top envoy nominee to Berlin, a U.S.-based media outlet report said Thursday.Radio Free Asia said the German government recently rejected the North Korean government's request for Berlin's approval for its new ambassador nominee who was set to replace incumbent Ambassador Ri Si-hong. The exact reason behind the German government's decision is still unclear, although observers have speculated it may be due to concerted moves by countries around the world to keep
July 14, 2016
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Seoul’s China dilemma deepens after South China Sea ruling
In the aftermath of the Hague tribunal’s ruling on the South China Sea, Seoul’s dilemma is poised to deepen as the U.S. will likely call for its ally to speak up on Beijing’s assertiveness in the region in pursuit of joint action, observers here said Wednesday. The watershed findings announced Tuesday dealt a major blow to China. The tribunal rebuked Beijing’s claim to “historic rights” over the bulk of the resources-rich waters as lacking legal basis and said some of its activities breached the
July 13, 2016