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Tag: South Korea

Posted on January 17, 2021

Biden’s North Korea problem

If the Biden administration is to have any hope of progress on the denuclearisation of North Korea, it will need to seek better coordination with its allies South Korea and Japan as well as seek …

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Posted on January 17, 2021

South Korea Relaxes Business Restrictions, Extends Distancing Measures

The South Korean government decided on Saturday to extend social distancing measures for two weeks, but relaxed business restrictions on account of an apparent stabilization of COVID-19 infections in …

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Posted on January 16, 2021

Army Orders Two South Korea Garrisons to ‘Shelter in Place’ Amid Coronavirus Outbreak

Coronavirus clusters at the U.S. Army’s largest installation in South Korea and at its former headquarters in Seoul are forcing personnel to “shelter in place” throughout the long holiday weekend. The …

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Posted on January 16, 2021

COVID-19 Pandemic: South Korea to extend tightened social-distancing rules until Jan 31

The social-distancing guideline was slightly eased as micro-business owners suffered from losses amid the tightened quarantine measures. In the latest tally, South Korea reported 580 more cases of …

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Posted on January 16, 2021

Following Successful Pilot, South Korea’s Jeju Island Launches Blockchain-Based Contact Tracing …

Korea’s leading enterprise blockchain technology company ICONLOOP ( and the Jeju Special Self-Governing Province today announced that its blockchain-based contact tracing system ‘Jeju Safety Code’ is …

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Posted on January 15, 2021

‘Luxuries I can’t afford’: why fewer women in South Korea are having children

As the population declines, traditional gender roles and careers are leading many to forgo childbirth …

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Posted on January 15, 2021

Economic uncertainty continues amid flare-up in COVID-19: finance ministry

The South Korean economy faces persistent uncertainty as a resurgence in new coronavirus cases and stricter virus curbs are hampering domestic demand, the finance ministry said Friday. Domestic demand …

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Posted on January 15, 2021

Heir to South Korea’s Samsung faces day of reckoning after four years of graft trial

Samsung’s Jay Y. Lee was convicted of bribing an associate of former President Park Geun-hye and jailed for five years in 2017.

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Posted on January 14, 2021

South Korea Court Upholds 20-Year Sentence for Ex-President Park

Former South Korean President Park Geun-hye is set to spend much of her remaining years in prison, after the Supreme Court upheld a 20-year prison sentence for a corruption conviction.

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Posted on January 14, 2021

S. Korea approves Netherlands-based brokerage IMC to do business locally

Netherlands-based brokerage house IMC was green-lighted by the Financial Services Commission (FSC) to operate a financial investment and brokerage business in South Korea on the condition that its …

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