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Wed, July 6, 2022 | 09:17
Parties fail to endorse 2018 budget bill
Rival parties failed to endorse the 2018 budget bill by the legal deadline, Saturday, due to clashes over job creation in the public sector. Further, it is unclear whether they will be able to narrow the gap and pass the bill within the National Assembly's regular session, which finishes Dec. 9.
NIS reform plan snubbed by opposition parties
An overhaul reform plan of the National Intelligence Service (NIS) faced strong backlash by opposition parties, Thursday, showing little possibility of winning endorsement in the National Assembly.
Ruling party leader visits China after North Korea missile test
Rep. Choo Mi-ae, the chairwoman of the ruling Democratic Party of Korea (DPK), visited China Thursday in the wake of North Korea's latest intercontinental ballistic missile launch.
Dialogue with North Korea is unrealistic: prime minister
The Moon Jae-in government thinks it is unrealistic to hold talks with North Korea, Prime Minister Lee Nak-yon said Wednesday. It is more likely to impose additional unilateral sanctions against the reclusive state, he said. The comments came after the North fired an intercontinental ballistic missile that flew almost 1,000 kilometers before falling into the East Sea earlier ...
Ex-Silicon Valley engineer sells hangover cure drink
Sisun Lee, a 27-year-old Canadian based in the U.S., has experienced a life gone wild in the past couple of months. The former engineer at Tesla quit what many would call a dream job in June and launched his own startup 82 Labs, Inc., to sell a hangover cure drink he created.
Moon Jae-in picks top political aide
President Moon Jae-in has appointed his secretary for political affairs Han Byung-do as senior presidential secretary for political affairs, Cheong Wa Dae said Tuesday.
North Korea shows signs of preparing for ballistic missile test
North Korea is showing signs of preparing for another ballistic missile test, reports said Tuesday, putting neighboring countries on alert.
LKP proposes independent counsel probe into bribery scandal
The main opposition Liberty Korea Party (LKP) proposed a bill, Monday, to set up an independent counsel to investigate allegations that the prosecution and the National Intelligence Service (NIS) bribed politicians using "special activity funds." The bill, signed by 113 LKP lawmakers, intends to look deeper into how the special activity funds were used by the agencies in the previous and incumbent governments. This comes as former presidential aides in the Park Geun-hye government and LKP lawmakers are in trouble over allegations they received illicit funds from the NIS.
Moon vows full support for quake-hit Pohang
President Moon Jae-in looked around at the earthquake damage in the hardest-hit southeastern city of Pohang and comforted its citizens, Friday. As he spoke in the worst-affected part of the city, Heunghae, Moon vowed financial support and psychological therapy for victims, pledging to intensify efforts to check the safety of residences and public facilities.
Gaeseong firms to get additional compensation
The Moon Jae-in administration will pay an additional 66 billion won ($59 million) to South Korean firms having factories in the now-closed Gaeseong Industrial Complex (GIC) to help compensate their losses from its shutdown, the unification ministry said Thursday. The ministry’s panel for inter-Korean exchanges and cooperation is expected to approve the additional payment at ...
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