Author: Seoul Reporter
The Seoul Reporter is an independent news platform uncovering untold stories from the heart of Korea. Our team of journalists and contributors expose corruption, highlight innovation, and bring unfiltered truth to readers worldwide from Seoul’s power corridors to its underground culture.
[ad_1] A modular home on show on the 2025 Good Building, Security, and AI Expo (Photograph courtesy of the Ministry of Land, Infrastructure, and Transport) The Ministry of Land, Infrastructure and Transport, which has lately introduced a plan to increase housing provide by means of modular housing, is pushing for the enactment of particular laws on modular housing to offer incentives and ease laws to corporations that offer modular homes. Modular development is a technique the place main structural parts are pre-manufactured in factories after which assembled on-site for completion. In comparison with present site-centered…
[ad_1] The KOSPI index recovered to the 4,000 level vary within the morning session on Nov. 10. (Captured from YTN) The federal government and ruling celebration have reached a consensus on decreasing the utmost tax charge for dividend earnings separate taxation utilized to high-dividend corporations from the present authorities proposal of 35%. Internally, they’re identified to have reached consensus on easing the speed to round 25% as proposed by the Democratic Get together of Korea. That is interpreted as a measure to revive investor sentiment amid latest fluctuations within the KOSPI which have dampened funding psychology. …
[ad_1] Two prime leaders on the British Broadcasting Company resigned Sunday following criticism {that a} documentary misleadingly edited clips of President Donald Trump’s Jan. 6, 2021, speech to make it look like he explicitly known as for violence on the U.S. Capitol. [ad_2]
[ad_1] LIG Nex1 sales space at Thailand protection exhibition D&S 2025 (Photograph courtesy of LIG Nex1) LIG Nex1 presents whole protection options masking land, sea, and air at a global protection exhibition held in Thailand. LIG Nex1 introduced its participation within the worldwide protection exhibition Protection & Safety (D&S) 2025 held in Bangkok, Thailand from Nov. 10 to 13. The exhibition is a complete land, sea, and air protection business exhibition held biennially. This yr’s twelfth exhibition options participation from over 500 protection firms from 50 international locations. This exhibition brings collectively international protection firms and…
[ad_1] The Republic of Angola, situated alongside Africa’s southwest Atlantic coast, is rising from a turbulent historical past and striving to show its considerable assets and youthful inhabitants into lasting prosperity.Masking about 1.24 million sq. kilometers, roughly twice the scale of France, Angola is amongst Africa’s largest nations. Its capital, Luanda, lies on the Atlantic Ocean and serves because the nation’s political, cultural and financial hub. The nation’s inhabitants stands at about 39 million, and Portuguese is the official language, reflecting greater than 4 centuries of colonial rule. Angola operates as a unitary presidential republic below President Joao Lourenço, who…
[ad_1] WASHINGTON — A U.S. lawmaker has reintroduced a invoice to reauthorize the North Korean Human Rights Act aimed toward selling rights and freedom within the reclusive state, Congress’s web site confirmed Monday, because the authorization of the act expired in 2022.On Friday, Rep. Younger Kim (R-CA) launched the invoice, with Rep. Ami Bera (D-CA) co-sponsoring it. First adopted in 2004, the North Korean Human Rights Act is up to date and reauthorized periodically. It was prolonged in 2008, 2012 and 2018 with the final extension having expired in September 2022.In November final yr, the Home of Representatives handed the…
[ad_1] Former President Yoon Suk-yeol and former first woman Kim Keon-hee. (pool images) As investigations into former President Yoon Suk-yeol and his spouse Kim Keon-hee proceed, the general public is studying intimately simply how little respect the couple had for the presidency and the way overtly they abused and privatized energy whereas in workplace. Every newly disclosed element of their appalling conduct induces vicarious disgrace. It’s terrifying to think about what may need occurred to our nation if the Yoon had stayed in workplace even a bit longer.On Monday, Kwak Jong-geun, the previous chief of the Military Particular Warfare Command,…
[ad_1] KG Mobility Chairman Kwak Jae-sun delivers remarks on the KGM FORWARD occasion held on the firm’s headquarters in Pyeongtaek, Gyeonggi Province in June. (Picture courtesy of KGM) KG Mobility will construct a very knocked down (CKD) meeting manufacturing facility in Algeria, Africa in a bid to increase its affect to Africa following the Center East and Southeast Asia. KGM’s administration technique to offset sluggish home demand by rising car gross sales centered on rising international locations is gaining momentum. In line with the automotive business on Nov. 9, KGM will construct a CKD manufacturing facility that imports automotive…
[ad_1] “Bugonia,” an Hollywood adaption of the 2003 Korean cult movie “Save the Inexperienced Planet!,” marks a key second within the ascent of Korean cinema throughout the international movie business.Past conventional notions of cultural trade, this high-profile adaptation, directed by Greek filmmaker Yorgos Lanthimos and starring Emma Stone, demonstrates how Korean tales and artistic industries at the moment are influencing Hollywood’s most formidable tasks. The movie, which was launched within the U.S. on Oct. 31 and shortly climbed to second place on the field workplace with $1.8 million in ticket gross sales, underscores the rising urge for food for Korean…
[ad_1] Shoppers store at a big grocery store in downtown Seoul. (Captured from KBS) The Korean Improvement Institute (KDI) recognized that the Korean economic system is exhibiting some enchancment, pushed by consumption, regardless of the contraction in development funding and the slowdown in export progress. Within the “November Financial Traits” launched on Nov. 9, KDI evaluated that “whereas export progress is progressively slowing as detrimental impacts from U.S. tariff will increase unfold and sluggishness in development funding continues, consumption is exhibiting a gradual restoration development and the economic system is considerably enhancing centered on consumption.” That…