Seoul: The labor ministry announced plans to allocate more than 38 trillion won (US$27.7 billion) for the 2027 budget, focusing on enhancing youth employment support.
According to Yonhap News Agency, the Cabinet approved a budget of 38.95 trillion w…
Seoul: KG Mobility Corp. reported a 23 percent decline in its August sales compared to the same month last year, attributing the drop to weaker domestic demand. The company sold 6,800 vehicles last month, a significant decrease from the 8,830 units so…
Jeju: A Jeju police officer arrested for wrongfully closing a missing person case that may have contributed to a woman’s death has claimed to have done so to avoid an increased workload, police said Tuesday. The Jeju Provincial Police Agency made the …
Seoul: Hyundai Motor Co., South Korea’s largest car manufacturer, reported a 14 percent decrease in sales for August compared to the same month last year, attributing the decline to partial strikes and a reduced number of working days. The company sol…
Seoul: The foreign ministry plans to more than quadruple its cybersecurity budget next year following a major cyberattack, while reducing its budget for official development assistance (ODA) for a second consecutive year, according to its latest budge…
Seoul: Prime Minister Han Seong-sook declared on Tuesday that she is committed to ensuring the success of the government’s housing supply plan, stating that she is willing to stake her job on its fulfillment. This announcement was made during a Cabine…
Seoul: The South Korean government has announced a landmark budget proposal for 2027, calling for record spending of 821 trillion won (US$595 billion) to tackle significant structural challenges including the country’s low birthrate and regional decli…
London: North Korea has downgraded its diplomatic mission in London in protest against Britain’s decision to sanction a North Korean camp over its suspected involvement in the forced deportation of Ukrainian children.
According to Yonhap News Agency…
