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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

Yoon proposes expanding semiconductor cooperation with Netherlands

President-elect Yoon Suk-yeol speaking on the phone at his office in Seoul, on March 17. YonhapPresident-elect Yoon Suk-yeol held a phone call with Dutch Prime Minister Mark Rutte on Wednesday and proposed expanding bilateral cooperation in the semiconductor sector, his spokesperson said.During the 25-minute call, the two also shared "serious concern" over North Korea's intercontinental ballistic missile test last week, Kim Eun-hye said in a written briefing."(Yoon) proposed further expanding bilateral cooperation in the semiconductor industry, which is called the 'rice of future industries,'" she said."Prime Minister Rutte agreed enthusiastically that synergy from the two countries' cooperation will be very large, as South Korea and the Netherlands are leading nations in the semiconductor sector."Yoon and Rutte also agreed to further strengthen the two countries' solidarity on the international stage for peace and stability on the Korean Peninsula and in East Asia in the wake of North Korea's missile launch.Rutte invited Yoon to make a state visit to his country at an early date aft

Mar 30, 2022
Yoon proposes expanding semiconductor cooperation with Netherlands

South Korea successfully test-fires solid-fuel space rocket: defense ministry

A solid-fuel space rocket flies into the sky at a testing site in Taean, South Chungcheong Province, on Wednesday. YonhapSouth Korea successfully test-fired a solid-fuel space rocket Wednesday, the defense ministry said, following North Korea's intercontinental ballistic missile (ICBM) launch last week.The state-run Agency for Defense Development conducted the first such test at a testing site in Taean, 150 kilometers southwest of Seoul, to confirm the capabilities of the homegrown space launch vehicle, according to the ministry.The launch came after the North's 12 known rounds of missile and other launches this year, including what the North claimed to be "reconnaissance satellite" development tests.Defense Minister Suh Wook and top military officials attended the event, which the ministry said marked an "important milestone" in enhancing South Korea's independent space-based reconnaissance and surveillance capabilities."(The test) came at a very grave juncture in which North Korea recently breached its moratorium and launched an ICBM," the defense ministry said, referring to the No

Mar 30, 2022
South Korea successfully test-fires solid-fuel space rocket: defense ministry

Moon attends ceremony for inauguration of Ven. Seongpa as spiritual leader of Jogye Order

President Moon Jae-in speaks during a ceremony to honor the inauguration of Ven. Seongpa in Seoul, March 30. Yonhap President Moon Jae-in attended a ceremony to honor the inauguration of Ven. Seongpa as spiritual leader of the Jogye Order, Korea's largest Buddhist sect, Wednesday. Ven. Seongpa was elected as the 15th Supreme Patriarch of the Jogye Order in December last year and started his five-year term last week. This was the first time that a sitting president has attended a Buddhist ritual for the Supreme Patriarch, Cheong Wa Dae officials said.The Supreme Patriarch, or "Jongjeong" in Korean, is the highest authority in the Buddhist sect but does not oversee its administration. (Yonhap)

Mar 30, 2022
Moon attends ceremony for inauguration of Ven. Seongpa as spiritual leader of Jogye Order

Cheong Wa Dae refutes rumors about first lady's wardrobe expenses

First lady Kim Jung-sook, right, poses for a selfie with an Indian student at Eivom Theater in Seoul's Gangnam District in July 2018. On Kim is a leopard brooch that some claimed was a Cartier product worth 200 million won, but which Cheong Wa Dae confirmed was not. Courtesy of Cheong Wa DaeBy Ko Dong-hwanCheong Wa Dae has refuted rumors that first lady Kim Jung-sook had used public funds allotted for the presidential office's special activities to purchase clothes she wore during public events, including state visits. Cheong Wa Dae deputy spokesperson Shin Hye-hyun told journalists on March 29 that the rumors are false and that Kim had purchased her personal clothes with her own money.“She never touched any national coffers, including Cheong Wa Dae's budget for special activities, to buy her own clothes,” Shin said.Shin said that Cheong Wa Dae decided to address the matter because the rumors regarding Kim's wardrobe scandal had not died down since being stirred up a few days ago. If the rumors had been left unexplained, President Moon Jae-in's administration could face e

Mar 30, 2022By Ko Dong-hwan
Cheong Wa Dae refutes rumors about first lady's wardrobe expenses

Transition team warns of inter-ministry fight over trade authority

Korea's Trade Minister Yeo Han-koo speaks during a meeting at Korea International Trade Association's office in Seoul's Gangnam District in February 2022 about the country's importers-exporters amid the Russian invasion to Ukraine. Newsis By Ko Dong-hwanTwo ministries are at loggerheads over which one will be the country's key trade authority, as the incoming Yoon Suk-yeol administration drafts its blueprint. The presidential transition committee said the dispute is inappropriate as the transition committee hasn't even finished structuring the incoming government under President-elect Yoon Suk-yeol. The conflict is between the Ministry of Trade, Industry and Energy which has the authority currently, and the Ministry of Foreign Affairs which argues it should hold the authority. Officials from the foreign ministry said diplomacy and trade cannot be separated, referring to the recent emergence of the concept of “national economic security.” An official said, “With the

Mar 30, 2022By Ko Dong-hwan
Transition team warns of inter-ministry fight over trade authority

Ahn calls it quits in prime minister nomination race

Ahn Cheol-soo, the chairman of President-elect Yoon Suk-yeol's presidential transition committee, speaks during a press conference at the committee's office in Seoul, Wednesday. Yonhap Ahn keeps options open for PPP leader position, won't run in June local electionsBy Kang Seung-wooAhn Cheol-soo, the chairman of President-elect Yoon Suk-yeol's transition team, has taken himself out of consideration for the prime minister position in order to “ease the burden” on the incoming president.Ahn, who also dropped out of the presidential election to endorse Yoon, said that he is committed to finding qualified candidates for the Cabinet, while doing things that will help cement the support base of the party and stabilize the new administration.The 60-year-old physician and software mogul had been one of the most likely candidates for prime minister, as Ahn and Yoon had earlier promised to launch a coalition government through their agreement to field a unified candidate. That decision raised speculation that he would use the chairmanship of the transition team as a stepping stone

Mar 30, 2022By Kang Seung-woo
Ahn calls it quits in prime minister nomination race

Korea set to lift COVID-19 restrictions on operating hours, private gatherings

Ahn Cheol-soo, the chairman of the presidential transition committee, speaks during a press conference on policy recommendations for the government's COVID-19 response measures, held at the committee's office in Seoul, Wednesday. Joint Press CorpsTransition team suggests gov't push back curfew on multiuse facilities to midnight By Lee Hyo-jin The presidential transition committee urged the government to review lifting COVID-19 restrictions such as limits on operating hours of multiuse facilities, Wednesday, once it is determined that the current Omicron wave has passed its peak. “If the Central Disaster and Safety Countermeasures Headquarters confirms that infections have entered a downward trend, social distancing measures should be relaxed,” Shin Young-hyun, a spokeswoman of the committee, said during a briefing. “In particular, we have recommended the government to remove limits on operating hours (of multiuse facilities), which do not seem very effective (in curbing the virus spread),” she added. The committee suggested that the government extend the limit

Mar 30, 2022By Lee Hyo-jin
Korea set to lift COVID-19 restrictions on operating hours, private gatherings
  • New COVID-19 cases fall to about 320,000; critical cases at another high

Yoon meets Seoul archbishop, participates in food service for homeless

President-elect Yoon Suk-yeol shakes hands with Archbishop of Seoul Peter Chung Soon-taick at Myeongdong Cathedral in Seoul, March 30. Yonhap President-elect Yoon Suk-yeol met with the archbishop of Seoul, Wednesday, and participated in a free meals service for homeless people. Yoon paid a visit to Archbishop Peter Chung Soon-taick at Myeongdong Cathedral in central Seoul where he also served food to homeless people, keeping an earlier promise to Chung. Yoon had visited Chung, Feb. 9, and promised to participate in the food service after the election. "I first thought it would be better to come here after the inauguration, but others told me that I should quickly go since I made a promise," Yoon said. "I will look up my schedule after the inauguration and come here again." During their tea meeting, Chung said that people are hoping Yoon will show politics of unity to overcome the divides and conflict in society, to which Yoon responded, "Yes, I should." Chung also s

Mar 30, 2022
Yoon meets Seoul archbishop, participates in food service for homeless

Nearly 60% of people oppose granting pardons to ex-President Lee, ex-Gov. Kim: poll

Former President Lee Myung-bak, left, and former South Gyeongsang Gov. Kim Kyoung-soo / Yonhap Nearly 60 percent of Koreans oppose granting pardons to former President Lee Myung-bak and former South Gyeongsang Gov. Kim Kyoung-soo, a survey showed Wednesday. According to the poll conducted by Data Research on 1,000 adults on Monday, 58.7 percent said they are against granting clemency to Lee and Kim, while 32.1 percent said they support pardoning the two.The issue of their pardons surfaced ahead of a meeting Monday between President Moon Jae-in and President-elect Yoon Suk-yeol, with aides to Yoon saying that the incoming president believes Lee should be pardoned.But the issue did not come up during the meeting, officials said.Kim, currently in jail for opinion rigging, is a close aide to Moon, and observers speculated that he could be pardoned together with Lee. Asked whose job it is to decide their pardons, 43.5 percent said it is up to Yoon's incoming government,

Mar 30, 2022
Nearly 60% of people oppose granting pardons to ex-President Lee, ex-Gov. Kim: poll

Ahn says he won't serve in incoming government's Cabinet

Transition Committee Chairman Ahn Cheol-soo / Yonhap Transition Committee Chairman Ahn Cheol-soo said Wednesday he will not serve in the incoming government's Cabinet, officially withdrawing himself from consideration as the first prime minister of incoming President Yoon Suk-yeol.Ahn, a key Yoon ally who dropped out of the presidential race to back Yoon, said he had decided to stay out of the Cabinet to open up room for Yoon to make his choices. Instead, Ahn said he will focus on expanding the support base of the soon-to-be ruling party ahead of June's local elections."I determined that after drawing up a blueprint and setting the direction for a good picture for the next government as chairman of the transition committee, not participating directly in the Cabinet would actually ease the burden on President-elect Yoon Suk-yeol," he told reporters at the transition team's office.Ahn said he delivered his decision to Yoon, Tuesday, and the president-elect expressed h

Mar 30, 2022
Ahn says he won't serve in incoming government's Cabinet
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