South Korea's biggest Buddhist sect, the Jogye Order, elected a new executive chief on Sept 1, 2018, one month after his predecessor was ousted over corruption allegations.Ven. Wonhaeng was elected by the Order’s meeting of leaders at the compound of the Jogye-sa Temple in central Seoul. Ven. Wo
Friday, September 28, 2018Round-up of important news from major Korean dailies and from international media today:The Korea Post media (www.koreapost.com) in English, (www.koreapost.co.kr) in Korean.‘Chairman Kim Jong-Un might attend the Inter-Korean Historical-Cultutural Heritage Exhibition on Marc
While attending a United Nations session, South Korean Foreign Minister Kang Kyung-wha appealed for the international community's support to speed up the nascent process of denuclearizing North Korea, her ministry said Friday.The Security Council foreign ministers meeting on North Korea was held
South Korea's Army said Friday it has put a drone combat team in operation, a move to take advantage of the country's advanced ICT prowess.The unit is part of a new "ground intelligence unit" established under the wing of the Third ROK Army (TROKA), headquartered in Yongin, just south of S
E-Mart Inc., South Korea's largest discount hypermarket chain by sales, said Friday it will launch the first outlet of its premium grocery store in Los Angeles next year, the latest in a series of moves to expand its presence abroad.E-Mart has signed a 10-year contract to lease three floors of a
By COO Kim Hyung-dae, chief editorial writerExhibition Management Manager Chung Myung-hee at the National Museum of Korea in Seoul said, “We have the Inter-Korean Historical-Culutural Heritage Exhibition scheduled to start in October this year for a 3-month run at the National Museum of Korea in Yon
Thursday, September 27, 2018President Moon tells U.S. Fox News‘U.S. Forces are needed to stay on Korea peninsula even after reunification of peninsula’ President Moon Moon Jae-in said that the United States Forces are needed to stay in Korea even after the unification of the Korean peninsula to spea
By Feature Editor Lee Sam-san, Reporter Sua KimAll the former Presidents of the Republic of Korea have faced a tragic fate with the sole exception of Presidents Kim Young-sam and Kim Dae-jung. The ill-fate came from the new governments succeeding the old ones. Now two of them are still in jail, form
President Moon Jae-in said that the United States Forces are needed to stay in Korea even after the unification of the Korean peninsula to speak nothing of the need their presence after the declaration of the end of the Korean War and conclusion of a peace treaty. This was reported by Korean-languag
The following are excerpts from the statement of President Moon Jae-in at a Joint Press Conference Following the 2018 Inter-Korean Summit in Pyeongyang on Sept. 19, 2018.--Ed.Fellow Koreans in the North, the South and abroad,A Korean Peninsula free of war has begun to take shape. The South and North
Samsung Electronics is expected to post a record operating profit of 17.2 trillion won (US$15.4 billion) in the third quarter of this year supported by firm demand for memory chips. This was recently learned from the market sources.The consensus formed by major brokerage firms in Korea marks an 18.5
North Korea's deputy prime minister has admitted economic difficulties and called for South Korea's assistance, a South Korean presidential official said Friday, in a rare appeal by the North to try to boost its economy.Ri Ryong-nam made the comments in a meeting with top South Korean busine
Two BMW diesel vehicles on the German automaker's recall list have caught fire in less than two days in South Korea, authorities said Monday.According to a report by Yonyap on Sept. 24, a BMW 520d caught fire shortly before Monday noon while going up a hill in Pyeongchang, 180 kilometers east of
Deputy Prime Minister Ri Ryong-nam of North Korea has admitted economic difficulties faced by his country, and asked for assistance and support from the Republic of Korea (south). This was disclosed by Special Presidential Economic Advisor Kim Hyun-chul.DPM Ri of North Korea made the comments in a m
President Moon Jae-in and U.S. President Donald Trump on Monday discussed possible ways to reward North Korea for its denuclearization measures that will apparently include a second U.S.-North Korea summit. This was reported by Korean news agency, Yonhap, this morning."The leaders agreed to continu
Presdient Moon Jae-in of the Republic of Korea (south) sought to secure international support and assistance for his endeavor to denuclearize North Korea and improve relations and cooperation with the North in a meeting with U.N. Secretary-General Antonio Guterres."President Moon expressed gratitud
President Moon Jae-in of Korea left for the United States on Sept. 23, 2018 for a summit meeting with President Donald Trump, where he will likely seek to broker a second U.S.-N. Korea summit. Moon's trip comes in the wake of his visit last week to Pyongyang where he held his third summit with C
Samsung Electronics' gas and induction electric cooktops received the highest scores from the U.S. Consumer Report, this was reported by Korean-lnguage media on Sept. 23, 2018.Samsung's gas cooktops, which are 30-inch and 36-inch models, were seleced as two of the five top-performing models
South Korea's exports shot up 21.6 percent on-year during the first 20 days of September, due to a rise in outbound shipments of chips and petrochemical goods, customs data showed Friday.The country's outbound shipments reached US$36.5 billion in the September 1-20 period, according to the K