The Bank of Korea (BOK) and the agriculture ministry remain at odds over the cause of fresh produce price inflation, experts said Thursday. A central bank report released Tuesday said the prices of apples and potatoes in the country were up to three times higher compared to its advanced peers, due to low productivity, low […]
Korea’s producer prices rose for the sixth consecutive month in May, driven in part by the soaring prices of services and utility costs, central bank data showed Friday. The producer price index, a major barometer of consumer inflation, increased 0.1 percent in May from a month earlier, following a 0.3 percent on-month gain the previous […]
As Korea looks toward a major revision of its disease classification system, there is a growing debate about whether gaming addiction should be officially categorized as a mental disorder. Rep. Kang Yu-jung of the main opposition Democratic Party of Korea proposed a bill to amend the Statistics Act, Tuesday, aiming to prevent the classification of […]
A prominent North Korean defector was named as the new head of the presidential advisory council on unification, the presidential office said Thursday. President Yoon Suk Yeol has tapped Tae Yong-ho, a former North Korean deputy ambassador to Britain, as the secretary general for the Peaceful Unification Advisory Council, chief of staff Chung Jin-suk said […]
Despite monthslong efforts by the medical community and the government for a breakthrough, over 10,000 striking trainee doctors were presumed to leave hospitals as they have decided not to withdraw their resignations, the health ministry said Thursday. More than 90 percent of around 13,000 junior doctors walked off their jobs in February in the form […]
Top diplomats of South Korea and Canada held talks Thursday to discuss ways to expand cooperation in regional security, the economy, technology and other areas, Seoul’s foreign ministry said. During the meeting, Foreign Minister Cho Tae-yul and his Canadian counterpart, Melanie Joly, adopted an “action plan” to further develop the comprehensive partnership in broad areas […]
Until recently, “tanghulu,” a Chinese candied fruit snack, and “yanggaeng,” a jelly-like traditional Korean dessert, were the top two choices for those with a sweet tooth in Korea. Tanghulu enthralled social media users with its colorful visuals and exotic allure, prompting numerous people, including Jennie of K-pop girl group BLACKPINK, to post videos of them […]
SK Inc., the holding company of Korea’s SK Group, has increased its stake in energy and green businesses as part of the groupwide restructuring efforts to enhance competitiveness in key sectors, according to the company Friday. At a recent board of directors meeting, SK Inc. approved a planned merger between its two major energy units, […]
Lee Hag-jae, the president of Incheon International Airport Corporation, addressed controversy surrounding the excessive security measures for actor Byun Woo-seok, saying, “This was an unforeseen situation. No private security firm has acted so absurdly or excessively in the past.” During an audit by the National Assembly’s Land, Infrastructure, and Transport Committee, Rep. Jeon Yong-gi of […]
The main opposition Democratic Party of Korea (DPK) slammed the presidential office Friday for suggesting the preceding Moon Jae-in administration should be held responsible for the exposure of Korean intelligence operations in an indictment against a Korean American expert. Sue Mi Terry, a renowned foreign policy expert who previously worked for the U.S. Central Intelligence […]