South Korean President Moon Jae-in on Thursday welcomed the World Scout Jamboree set to be held on the country's western coast, promising full government support to make it a successful event.In a letter to a joint committee on hosting the global event, the president wished for the 2023 event in

The Korean daily media headlines and humorWednesday, August 16, 2017 Your Excellency: Here are The Korea Post notices and a roundup of importantheadlines from all major Korean-language dailies, TV and other news media of Korea today: Very Respectfully Yours /s/ Lee Kyung-sikPublisher-Chairma

Nearly 63% (62.8%) of the people in the Republic of Korea (south) support nuclear armament to cope with the threats posed by the North Korean regime. This was disclosed by an independent Korean-language daily Munhwa Ilbo published today (Aug. 16, 2017).Of the total number of supporters of South Kore

South Korea's finance minister and central bank governor pledged Wednesday to take measures to stabilize financial markets, if necessary, amid lingering tensions between North Korea and the United States."The government and the Bank of Korea plan to make aggressive efforts to stabilize financia

South Koreans are expected to jack up their spending on sports and tours in the third quarter of this year, a survey showed Wednesday, as the country's key consumer sentiment index reached a six-year high last month. According to the survey conducted by the Korea Culture & Tourism

South Korean companies spent more on labor costs last year than two years ago despite a fall in their sales, with export industries bearing a heavier burden in salary payments, industry data showed Wednesday.CEO Score, which follows business performances of major corporations, analyzed 334 firms who

South Korea's credit default risk has hit an 18-month high amid saber-rattling between the United States and North Korea over the latter's weapons program, data showed Wednesday.The credit default swap (CDS) premium for South Korean foreign exchange stabilization bonds with a five-year matur

President Moon Jae-in will hold a press conference this week to personally answer questions on various issues that will likely include North Korea's recent provocations and military threats that are causing serious concerns of a possible armed conflict in the region, officials from the president

President Moon Jae-in paid a visit to the gravesites of Korean independence fighters in the rain Tuesday marking the 72nd anniversary of Korean liberation from Japanese colonial rule. Moon arrived in the morning at Hyochang Park, central Seoul, where the graves of Kim Goo and three ot

North Korean leader Kim Jong-un has been briefed on the military's plan to fire ballistic missiles near the U.S. territory of Guam, home to key American air and naval bases, Pyongyang's state media said Tuesday.After examining the plan, the North's leader said that he would watch Washing

South Korean President Moon Jae-in said Tuesday that the country will expand its diplomatic efforts to peacefully resolve North Korea's nuclear and missile issues, vowing to prevent a war from breaking out on the Korean Peninsula. "The government will prevent a war at all cost. We must

South Korea's health care and beauty-related stores are posting solid growth allowing them to consider expanding operations at home and abroad, industry data showed Tuesday. According to findings released by local retailers, health and beauty (H&B) chain stores like Olive Young, GS Watsons and L

Some egg products in South Korea have been contaminated with a potentially harmful pesticide, the government said Tuesday, amid a growing health scare in Europe over tainted egg products.Some eggs at a farm with 80,000 hens in Namyangju, east of Seoul, were found to contain the pesticide fipronil on

South Korea's two leading carmakers Hyundai Motor Co. and Kia Motors Corp. said sales of eco-friendly vehicles shot up 2.5-fold in 2017, on strong consumer demand.The companies, flagship affiliates of Hyundai Motor Group, the world's fifth-largest automotive conglomerate, said sales of conve

The United States will go to war with North Korea if it fires missiles at Guam, Defense Secretary Jim Mattis said Monday, issuing another strong warning to the nuclear armed regime.Guam, a U.S. territory in the Pacific, has emerged as a major security issue following North Korea's threats to sho

Charge d’Affaires Luis Pablo Ossio Bustillos of the Plurinational State of Bolivia in Seoul and Madam Bustillos hosted a reception at the Plaza Hotel in Seoul on Aug. 4, 2017 in celebration of the Independence Day of their country.Many distinguished guests attended the reception from all walks of li

South Korea's defense minister and the military chief are set to meet with the chairman of the U.S. Joint Chiefs of Staff (JCS) on Monday amid escalating tensions over North Korea's nuclear and missile threats, officials said.Marine Gen. Joseph Dunford will have separate meetings with Minist

The Korean daily media headlines and humorMonday, August 14, 2017 Your Excellency: Here are The Korea Post notices and a roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea today: Very Respectfully Yours /s/ Lee Kyung-sikPublisher-ChairmanK

Ambassador Hany Moawad Selim Labib of Egypt in Seoul hosted a reception at his residence in Seoul on July 28, 2017 to celebrate the 65th anniversary of the 1952 Revolution. Many Korean and international guests attended the luncheon as well as the ambassadors and their spouses.Among the guests in att

With President Moon Jae-in set to mark his 100th day in office this week, the geopolitical situation on the Korean Peninsula and Seoul's relations with major powers remain tricky, posing a grave challenge for the new leader down the road.Moon came into office on May 10 with urgent missions to ad