Friday, August 7
Category: politics
A group of U.S. House lawmakers has voiced significant concerns regarding South Korea’s recently revised Telecommunications Network Act, often referred to as the ‘7/7 Law,’ which took effect on July 7. In a letter addressed to Kim Jong-cheol, Chairman of the Korea Communications Commission (KCC), Republican members of the House…
The Democratic Party is intensifying its efforts to manage the upcoming August 17th national convention, which will elect the next party leadership. The Central Election Management Committee has issued a stern warning against escalating disruptions and illegal campaign…
The South Korean government has announced a comprehensive strategy to drive economic structural reform by accelerating the adoption of artificial intelligence (AI) across major industries. This initiative aims to enhance the competitiveness of key sectors, including steel, petrochemicals,…
As the global landscape shifts under the intense competition between the United States and China, South Korea is emerging as a pivotal nation, particularly in the burgeoning era of artificial intelligence (AI). Kim Sung-han, a distinguished professor at…
South Korean Foreign Minister Cho Tae-yul indicated on September 5th that a significant agreement on defense cooperation between South Korea and the United States is imminent, stating that a deal is expected at the high-level official level in the near future. While formal signing ceremonies have not yet occurred, Cho…
South Korea’s Ministry of Employment and Labor has officially set the minimum wage for 2025 at 10,070 South Korean Won per hour, approximately $8.30 USD. This represents an increase of 380 Won (3.7%) from the current year’s rate…
A recent exchange during a National Assembly session has brought attention to the income tax brackets and the threshold for the highest tax rate. The discussion, which involved President Lee Jae-myung and former Deputy Prime Minister for Economy…