Author: Seoul Reporter

[ad_1] Individuals in a contract signing ceremony for the Oman Duqm Gasoline Mixed Cycle Energy Challenge take a commemorative picture on the St. Regis Lodge in Oman on Jan. 22 (native time). (Picture courtesy of KOWEPO) Korea Western Energy Corp. (KOWEPO) has received a contract for the development and operation of a large-scale fuel mixed cycle energy plant mission in Oman. The state-run energy firm introduced on Jan. 26 {that a} contract signing ceremony for the Oman Duqm Gasoline Mixed Cycle Energy Challenge was held on the St. Regis Lodge in Oman on Jan. 22…

[ad_1] Protection ministry spokesperson Chung Binna speaks throughout a press briefing on the protection ministry in Seoul, Dec. 16, 2025. YonhapThe protection ministry stated Monday the brand new U.S. protection technique positioned an emphasis on South Korea’s personal capabilities to play a extra “main position” within the safety of the Korean Peninsula.The ministry’s spokesperson made the remarks following the discharge of the Pentagon’s Nationwide Protection Technique (NDS) that stated South Korea is able to taking “main” duty to discourage North Korea with “important, however extra restricted” U.S. assist.”Our authorities takes notice of how the U.S. authorities assessed our capabilities and…

[ad_1] The brand of the Ministry of Mental Property (Captured from the Mininstry of Mental Property web site) The Ministry of Mental Property (MOIP) will construct Korea’s mental property administration system in Uzbekistan. The ministry held the launch ceremony for a venture aimed toward bettering the mental property rights public administration data system in Tashkent, Uzbekistan on Jan. 26. This venture includes constructing a Korean-style mental property administration system tailor-made to the native setting of Uzbekistan, and was pursued to enhance general mental property administration together with functions and examinations on a digital foundation. …

[ad_1] Finance Minister Koo Yun-cheol speaks throughout a gathering of economy-related ministers on the Authorities Complicated Seoul, Monday. Yonhap Finance Minister Koo Yun-cheol stated Monday the federal government will work to reinforce cultural cooperation with China, in mild of the latest summit talks between the 2 international locations.President Lee Jae Myung visited Beijing in early January for his second summit with Chinese language President Xi Jinping, which, Lee has stated, laid the muse for the complete restoration of bilateral relations.”Because the summit laid the groundwork for financial cooperation, we can even advance cultural cooperation to strengthen it,” Koo stated whereas…

[ad_1] Myanmar electoral officers depend ballots after closing the third part of the overall election at a polling station in Yangon, Myanmar, Jan. 25. EPA-YonhapYANGON — Myanmar’s dominant pro-military get together has received junta-run elections, a celebration supply advised AFP on Monday, after a month-long vote that democracy watchdogs dismissed as a rebranding of military rule.”We received a majority already,” a senior official from the Union Solidarity and Growth Get together (USDP) mentioned on situation of anonymity as a result of they weren’t authorised to share preliminary outcomes.”We’re within the place to kind a brand new authorities,” they mentioned, after…

[ad_1] Korean on-line rip-off suspects repatriated from Cambodia arrive at a police station within the southeastern port metropolis of Busan, Friday. YonhapPolice mentioned Monday that 55 of the 73 Korean on-line rip-off suspects repatriated from Cambodia final week have been put underneath arrest.The 73 suspects have been introduced house Friday within the nation’s largest repatriation of felony suspects from a single nation, and arrest warrants have been requested for 72 of them, excluding one whose felony expenses have been deemed minor. They allegedly swindled a mixed 48.6 billion received ($33.6 million) from 869 Korean victims.As of 9 a.m. Monday, courts…

[ad_1] The brand of the Ministry of Financial system and Finance is seen at Authorities Complicated Sejong, Jan. 6. YonhapKorea’s finance ministry mentioned Monday it has determined to boost anti-dumping duties on polyethylene terephthalate (PET) movie merchandise imported from two Chinese language firms following a reexamination.Below the choice, duties on PET movie merchandise imported from Kanghui New Materials Know-how will probably be elevated to 7.31 % from the present 2.2 %, whereas these from Tianjin Wanhua will probably be topic to 36.98 % duties as a substitute of the present 3.84 %, in keeping with the Ministry of Financial system…

[ad_1] Woori Financial institution officers have fun KOSPI’s breakthrough of the 5,000 level mark on Jan. 22 on the dealing room of the financial institution’s headquarters in central Seoul. (Captured from JTBC) With the arrival of the so-called KOSPI 5000 period, funds flowing into the inventory market have swelled to a report excessive. In response to the Korea Monetary Funding Affiliation on Jan. 25, investor deposits totaled 96.3 trillion gained, or roughly $66.54 billion, as of Jan. 21, marking an all-time excessive after standing within the high-80 trillion gained vary on the finish of final…

[ad_1] The Saeul-3 and Saeul-4 nuclear reactors within the southeastern port metropolis of Ulsan / Courtesy of Nuclear Security and Safety Fee Seoul will assemble two new nuclear reactors by 2038 on the newest as deliberate, the local weather minister mentioned Monday, reflecting public assist for the plan amid rising demand for clear power.Local weather Minister Kim Sung-whan introduced the plan in a press briefing on the envisioned twelfth fundamental plan for electrical energy provide and demand, which outlines the nation’s energy provide plan for the 2026-2040 interval.The federal government will conduct needed procedures to finish constructing two large-scale nuclear…

[ad_1] Minister of Tradition, Sports activities and Tourism Choi Hwi-young presents a report titled “Including a Progress Engine to Industrial Metropolis Ulsan Via Tradition and Tourism” at a city corridor assembly hosted by President Lee Jae Myung in Ulsan on Jan. 23. (Captured from KBS) Minister of Tradition, Sports activities and Tourism Choi Hwi-young mentioned on Jan. 23 that the federal government will transfer ahead in earnest with the development of the Ulsan Leisure Park in Ulsan Metropolitan Metropolis, describing it as a cultural complicated that may embody a 2,500-seat multipurpose efficiency corridor geared up with…