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 …
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 …
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.
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 …
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.
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 …
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.
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 …
Factbox-Mugshot, khaki uniform and solitary cell for South Korea’s detained President Yoon
South Korea’s impeached President Yoon Suk Yeol has spent his first night incarcerated as a pre-trial inmate at the Seoul Detention Centre after a court issued a formal detention warrant on Sunday to hold him for up to 20 days.
South Korea cuts 2025 growth forecast over political crisis
SEOUL – South Korea’s central bank said on Jan 20 it had slashed its 2025 growth forecast because of the political crisis triggered by President Yoon Suk Yeol’s declaration of martial law last month.