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Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
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Wealthy parents ditch Korean passports to get kids into international school
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Trump picks ex-N. Korea policy official as his principal deputy national security adviser
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First snow to fall in Seoul on Wednesday
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Man convicted after binge eating to avoid military service
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S. Korea not to attend Sado mine memorial: foreign ministry
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Final push to forge UN treaty on plastic pollution set to begin in Busan
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
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Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Finance Minister opposes corporate tax hike
[THE INVESTOR] Korean Finance Minister Yoo Il-ho has expressed his opposition to corporate income tax hike, warning that it could take a toll on the country’s competitiveness.“For the time being, raising the corporate income tax is not a right thing to do,” Yoo said in a meeting with business journalists of local newspapers on June 27.His remark comes as the main opposition Minjoo Party of Korea seeks to propose a revision to raise the corporate income tax ceiling for big companies to 25 percent
June 27, 2016
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South Korea‘s inconsistent fiscal policy draws criticism
[THE INVESTOR] The government is expected to unveil a plan to set aside about 10 trillion won ($8.4 billion) in supplementary budget Tuesday when it announces economic policy directions for the second half of this year.In a meeting with lawmakers from the ruling Saenuri Party on Friday, Finance Minister Yoo Il-ho said he would actively consider drawing up an extra budget if it was to pass parliament within the next month.Two days earlier, Yoo, who doubles as deputy prime minister for economic a
June 27, 2016