Author: Seoul Reporter

[ad_1] Oceans Minister Chun Jae-soo plans to go to Denmark and Britain this week to strengthen cooperative ties with Copenhagen within the delivery sector and attend the overall meeting of the Worldwide Maritime Group (IMO), his workplace stated Tuesday.Chun plans to go to Denmark on Wednesday and signal a memorandum of understanding (MOU) with Danish Business Minister Morten Bodskov for Seoul and Copenhagen to cooperate within the inexperienced and digital transformations of the delivery business.He’s additionally scheduled to fulfill with high executives of worldwide delivery large Maersk and officers from Denmark’s maritime administration to debate the event of the envisioned…

[ad_1] Export-oriented companies are being flagged as the following focus of presidency efforts to gradual the Korean received’s sharp decline in opposition to the U.S. greenback, after first concentrating on the Nationwide Pension Service (NPS), economists and analysts stated Tuesday.The businesses posted an all-time-high common month-to-month steadiness of $91.88 billion in international foreign money deposits for the third quarter of this yr, pushed by companies receiving export earnings in {dollars} and protecting them, as an alternative of changing them into received, in keeping with the Financial institution of Korea (BOK).These exporters’ observe of retaining abroad currencies is seen as contributing…

[ad_1] Ok-pop lady group RESCENE is extending its signature scent-themed id with the arrival of third mini-album “lip bomb,” launched Tuesday. The five-member act is constant the fragrance-inspired aesthetic that has formed its profession since debut, however with an idea that blends softness with affect.Since launching in 2024, Woni, Liv, Minami, Could and Zena have constructed their sonic id by connecting every launch to a scent. The group’s February observe, “Glow Up,” launched a soap-fresh allure, adopted by the summery grass aroma referenced in July’s “Dearest.”The brand new file pushes the idea ahead with a playful twist. The title “lip…

[ad_1] Exterior view of Woori Financial institution headquarters in Jung-gu, Seoul. (Picture supplied by Woori Financial institution) Woori Financial institution’s international enterprise division, which was sluggish, is exhibiting indicators of restoration. In line with the monetary trade on Nov. 25, the third-quarter web revenue of Woori Financial institution’s 11 abroad subsidiaries totaled 36.1 billion gained (about $24.5 million). In comparison with the online lack of 34 billion gained recorded within the second quarter, the restoration was achieved in simply three months. The monetary sector analyzes that the results are rising as Woori Financial institution resolved…

[ad_1] Clad in navy fatigues, President Vladimir Putin final week visited a Russian navy command submit, the place commanders introduced Russia’s good advances, claiming to have conquered the Ukrainian metropolis of Kupyansk — a view contradicted by open-source analysts reporting on the entrance line — and nearly all of Pokrovsk. [ad_2]

[ad_1] The demolition of Seoul’s final remaining red-light district in Hawolgok-dong, Seongbuk District, higher referred to as “Miari Texas,” is now underway, marking the tip of an space that operated for almost seven many years.The slim alleys of Miari Texas — nonetheless lined with light “No minors allowed” indicators — revealed a panorama frozen in time on Nov. 19. Inside previous picket buildings with worn sliding doorways promoting “100,000 gained ($77) money, 120,000 gained card,” partitioned rooms, cracked glass tiles and outdated floral curtains provided silent reminders of the unlawful companies that after operated there.Miari Texas emerged within the Fifties…

[ad_1] (Clipart Korea) The won-dollar trade charge continues to climb, bringing the psychologically fraught 1,500-won mark inside attain. That’s a degree the received has reached throughout financial crises of the previous.The large sums of home cash being concentrated in overseas investments has develop into a structural issue exerting upward strain on the trade charge, analysts say.Since getting into 1,400 received territory initially of October, the won-dollar trade charge has quickly risen to 1,470 received over the previous month and a half. That brings the speed near the yearly excessive (1,481.1 received) from early April, when the US started exerting strain…

[ad_1] Bunjang, South Korea’s main tech-driven recommerce platform, introduced in the present day the launch of a particular giveaway celebrating the comeback of tripleS, the 24-member lady group underneath MODHAUS. As a part of the promotion, Bunjang is giving followers the prospect to win private gadgets from all 24 tripleS members. The giveaway features a collection of uncommon, high-value collectibles—together with gadgets really utilized by the members and private belongings with sentimental significance. Followers can enter by means of the Bunjang International promotion web page. In keeping with the group’s comeback idea, which…

[ad_1] “Taxi Driver 3” is off to a robust begin, persevering with the franchise’s streak of excessive scores and social buzz because the present as soon as once more dives into real-world crimes and vigilante justice.The collection follows Rainbow Taxi, a secretive taxi firm, and driver Kim Do-gi, performed by Lee Je-hoon, as they ship vengeance on behalf of victims failed by the system. The primary season opened with a ten p.c score and closed at 16 p.c, whereas season two premiered at 12 p.c and peaked at 25.6 p.c, making the drama certainly one of SBS’s largest performers.A part…

[ad_1] South Korea’s plan to amass nuclear-powered submarines seems to be seen favorably in Japan, in keeping with a Japanese safety analyst who spent 16 years on the protection ministry. The analyst says that the transfer might assist counter China’s rising undersea presence and develop safety cooperation between Seoul and Tokyo.Hirohito Ogi, a senior analysis fellow on the Tokyo-based Institute of Geoeconomics, provided a positive view concerning South Korea’s pursuit of nuclear submarines, viewing the event as strategically useful for Japan.This public endorsement from a protection analyst in Tokyo highlights a strategic alignment on deterring regional instability, whilst South Korea…