Korea Times Finance Reporter
Lee Hyo-jin covers the Bank of Korea, the banking industry and broader financial news. Her previous beats include foreign affairs, North Korea and general reporting on Korean society.
As foreign tourists return to Seoul after three pandemic years, so is the illegal practice in the tourism industry known as "dumping tours," threatening to taint the reputation of Korea's capital city as a globally popular tourist destination.
The innovation committee of the ruling People Power Party (PPP) is experiencing a bumpy start after its proposal to reinstate membership of disgraced party members was met with criticism from within and outside the party.
Concerns about South Korea’s shrinking pool of military conscripts are not new.
Yang Geun-mo, a high school student from a multicultural background, won the gold medal at a nationwide vocational skills competition held earlier this month, recognized for his exceptional computer-aided design (CAD) software skills.
The South Korean government should brace for an increasing number of North Korean defectors in the coming months, as the latest East Sea border crossing, made by four North Koreans, indicates the deteriorating living conditions and chronic food shortages occurring in the reclusive regime, analysts said Wednesday.
Kang Goo-young, left, CEO of Korea Aerospace Industries (KAI), shakes hands with Saudi Space Agency Chairman Mohammed Saud Al-Tamimi during a MOU signing ceremony in Riyadh, Saudi Arabia, Tuesday (local time). The agreement, signed during President Yoon Suk Yeol's visit to the Arab nation, will enable the two sides to bolster partnerships in technology development and operations in the space industry, according to KAI. Courtesy of Korea Aerospace Industries
A fresh face has emerged in Korean politics. Ihn Yo-han, a naturalized Korean physician, has come to the rescue for the ruling People Power Party (PPP) as the conservative bloc gears up for a momentous change in preparation for the general elections slated for April next year.
The powerlessness of the United Nations Security Council (UNSC) in addressing international conflicts due to its veto-wielding members was highlighted once again after the council failed to adopt a Brazil-drafted resolution calling for humanitarian pauses in the Israel-Hamas war after the United States vetoed the measure, Wednesday.
Global aircraft manufacturing giants Boeing and Airbus seek to bolster partnerships with Korea in the defense sector, with both firms laying out areas of cooperation they would like to focus on, Wednesday.