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Tag: South Korea

Posted on March 14, 2025

Amid new Trump era, South Korea considers ‘plan B’ – building its own nuclear weapons

South Korea’s foreign minister told the country’s legislature Wednesday that developing nuclear weapons is not off the table
Posted on March 14, 2025

Navy Supply Ship Completes First Large-Scale Maintenance at South Korean Shipyard

A Lewis and Clark dry cargo ship departed Hanwha Ocean’s Geoje shipyard on Wednesday, marking the completion of South Korea’s first maintenance, repair and overhaul (MRO) service of an American naval vessel amid the Navy’s efforts to find yards in the Indo-Pacific to repair ships in theater.
Posted on March 13, 2025

Paradise Co to invest nearly US$400mln to build new Seoul hotel, announces financing

Paradise Co Ltd, an operator in South Korea of foreigner-only casinos, announced on Wednesday a plan to invest KRW575.0 billion (US$396.4 million) to build a new hotel in eastern Seoul’s Jangchung …

( read original story …)



Posted on March 12, 2025

Korea to revamp inheritance tax for 1st time in 75 years

Individual shares to be taxed separately, ending decadesold estate-based system South Korea is planning to overhaul its inheritance tax system in 2028, shifting from a tax on entire estates to a levy …

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Posted on March 12, 2025

South Korea’s education spending drops for first time since pandemic

As consumer sentiment weakens, South Korean households are cutting back on education expenses—typically one of the last areas to be reduced. Card spending on education services declined year-on-year …
Posted on March 11, 2025

Warburg Pincus, SK D&D to invest in senior housing in South Korea

Warburg Pincus, SK D&D, and D&D Investment has formed a partnership to invest in the senior housing market in South Korea.

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Posted on March 10, 2025

North Korea fires missiles after US, South Korea military drills

The launch happened hours after South Korean and U.S. troops kicked off their large annual combined drills, which the North views as an invasion rehearsal.

( read original story …)



Posted on March 10, 2025

Analysis: Can South Korea become alternative to China for global firms?

Yoo Jang-hee, honorary professor at Ewha Womans University in Seoul, said that South Korea should do something to deal with the militant trade union.
Posted on March 10, 2025

Chinese-language flags at South Korean rally reignite baseless ‘infiltration’ claims

As South Korean President Yoon Suk Yeol’s impeachment trial drew to a close, footage of protesters waving flags with Chinese characters was misrepresented in social media posts as evidence of a communist plot against the disgraced leader — who had cited the threat of communist forces while defending his imposition of martial law.
Posted on March 10, 2025

China’s six-year-olds are already being offered AI classes in school in a bid to train the next generation of DeepSeek founders

Other countries like Estonia, England, Canada, South Korea, and America are training students too.

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