Day: February 6, 2024
Close associate of Terraform Labs co-founder to return home after extradition from Montenegro
SEOUL, A close associate of Terraform Labs co-founder Do Kwon was extradited from Montenegro and is scheduled to arrive back in South Korea on Tuesday afternoon, the justice ministry said.
Upon arrival at Incheon International Airport, Han Chang-joo…
SSEZ’s Export-Import Valued at US$3.36 Billion in 2023FM Cho discusses visit to Beijing in 1st phone talks with Chinese counterpart
The total import and export volume of the Sihanoukville Special Economic Zone (SSEZ) were valued at US$3.36 billion in 2023, a year-on-year increase of 34.8 percent, the zone’s operator said in a statement issued recently.
“The trade volume through …
Paldo aims for presence in Indonesian halal food market
SEOUL, South Korean food company Paldo Co. said Tuesday it will export the country’s traditional sweet rice beverage with halal certification to Indonesia as it aims to make a presence in the local halal food market.
Paldo’s Birak Shikhye, usually s…
Moody’s ups ratings of Hyundai Motor, Kia, Hyundai Mobis to ‘A3’
SEOUL, Moody’s Investors Service has upgraded the credit ratings of Hyundai Motor Co., Kia Corp. and Hyundai Mobis Co. to “A3” from “Baa1” on their improved competitiveness, their parent company said Tuesday.
It marks the first time the three compan…
Military to establish ‘strategic command’ at Capital Defense Command
SEOUL, The military plans to establish a new strategic command overseeing key assets to deter North Korean threats within the compound of the Capital Defense Command in southern Seoul, informed sources said Tuesday.
South Korea has been pushing to e…
Indonesia vows full cooperation in probe into alleged tech theft of KF-21: official
SEOUL, Indonesia said its engineers under probe over allegedly stealing technologies related to the KF-21 fighter jet under development will provide their “full cooperation” in the investigation, a foreign ministry official said Tuesday.
The enginee…
Gender ministry, broadcasting watchdog receive lowest performance evaluations in 2023
SEOUL, Four government agencies, including the gender ministry and the broadcasting watchdog, received the lowest scores in their annual performance evaluation for 2023, officials said Tuesday.
The Office for Government Policy Coordination disclosed…
U.S. spy plane flies over S. Korea amid heightened tensions
SEOUL, A U.S. reconnaissance aircraft flew over South Korea on Tuesday in an apparent mission to monitor North Korea, aviation trackers showed, amid heightened tensions over North Korea’s continued weapons tests.
The U.S. Air Force’s RC-135U Combat …
Seoul shares extend losses late Tue. morning
SEOUL, South Korean shares traded sharply lower late Tuesday morning amid growing concerns that U.S. rate cuts may be further away than anticipated.
The benchmark Korea Composite Stock Price Index (KOSPI) lost 14.80 points, or 0.57 percent, to 2,576…
Consumers hail increase in medical school seats as improving access to services; others voice skepticism
SEOUL, Many health service consumers welcomed Tuesday’s government decision to drastically increase the medical school enrollment quota, saying it will improve access to doctors, but others voiced skepticism that it could erode the quality of medical…