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Tag: South Korea

Posted on January 23, 2025

South Korea will remove concrete barriers near runways in response to air disaster, reports say

SEOUL, South Korea — South Korea will remove concrete embankments near airport runways in response to a recent air disaster, media reports said Thursday. The embankments contain antennas called localizers designed to guide aircraft during landings and have been blamed for making last month’s crash of a Jeju Air plane worse.
Posted on January 22, 2025

2 Families, in Business for 50 Years, Wage War in a South Korean Boardroom

Control of Korea Zinc, the world’s largest producer of zinc, is at stake in a battle challenging the country’s entrenched chaebol system of powerful conglomerates.
Posted on January 22, 2025

South Korea to shrink biomass energy subsidies after criticism over link to deforestation

JAKARTA, Indonesia — The South Korean government will reduce subsidies for biomass energy after rising domestic and international criticism of its link to deforestation. Environmental activists …
Posted on January 21, 2025

Real estate slump hits South Korea’s retail giants

South Korea’s retail giants, long synonymous with aggressive marketing and bustling sales in prime commercial districts, are now facing an unprecedented challenge: selling their own properties. Major …

( read original story …)



Posted on January 21, 2025

Philippines’ Laguna Lakeshore Road Network Project secures loan from South Korea

The Filipino government has secured a substantial loan from South Korea to fund the Laguna Lakeshore Road Network (LLRN) Project, Phase 1 Stage 1. The Export-Import Bank of Korea (KEXIM) has agreed to provide $905.
Posted on January 21, 2025

South Korea’s suspended president Yoon to attend impeachment hearing

SEOUL: South Korea’s impeached President Yoon Suk Yeol will appear for the first time Tuesday (Jan 21) at the Constitutional Court, his lawyer said, for hearings that will decide whether to remove him …
Posted on January 21, 2025

Supporters of South Korea’s Yoon storm courthouse. Some see hope in Trump’s return

As South Korean authorities extended President Yoon Suk Yeol’s detention, his supporters stormed the courthouse that issued the warrant, smashing windows with police shields.
Posted on January 21, 2025

South Korea Court Extends Yoon’s Detention, Protesters Storm Court

SEOUL (Reuters) – A South Korean court granted on Sunday an extension of President Yoon Suk Yeol’s detention, saying there was “concern” that Yoon could “destroy evidence” in a criminal probe related …
Posted on January 21, 2025

Foreign Office warning as travel guidance changed for popular destination

Foreign nationals are reminded that it’s illegal to participate in political activities while in South Korea, and they should heed local authority advice if they find themselves near any demonstrations or protests.
Posted on January 20, 2025

KT&G expands Turkey plant to boost sales

KT&G Corp., South Korea’s dominant tobacco company, has expanded its production facility in Turkey to boost its overseas sales. The expanded Turkey plant will serve as an export base for the North …

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