All posts tagged "Korea"

  • National Security Office chief Kim Kwan-jin, left, shakes hands with North Korea's National Defense Commission Vice Chairman Hwang Pyong-so during the northern delegation's visit to Incheon in Octover. Hwang was accompanied by Choe Ryong-hae, first on the right, and Kim Yang-gon, third on the right, both secretaries in the reclusive regime's ruling Workers' Party. (Yonhap)
    S. Korea to raise $500 billion for unification

    SEOUL  (Yonhap) — South Korea plans to raise US$500 billion largely from the public sector, without raising taxes, to help North Korea prepare for a future reunification, the top financial regulator said Tuesday. In a financial blueprint...

    • Posted November 19, 2014
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  • Asiana Airlines A380 super jumbo. (Yonhap file photo)
    Asiana appeals 45-day flight suspension

    SEOUL (Yonhap) — Asiana Airlines Inc., South Korea’s second-largest flag carrier, said Monday that it has formally appealed a 45-day government ban on flights on its Incheon-San Francisco route, imposed following its crash last year that left...

    • Posted November 18, 2014
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  • Korean workers take the least amount of vacation days when compared to the rest of the world.
    ‘Koreans are most vacation-deprived people on Earth’

    South Korea ranks last among 24 nations when it comes to the average number of vacation days taken by workers, according to a 2014 survey by travel site Expedia. An average Korean gets 8.6 days off each...

    • Posted November 18, 2014
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  • (Yonhap)
    4.6 billion-year-old meteorites found in S. Korea

    DAEJEON (Yonhap) — South Korean scientists said Tuesday four meteorites discovered in the southern part of the country earlier this year are estimated to be as old as the solar system. In early March, residents in Jinju,...

    • Posted November 18, 2014
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  • A bird's-eye view of IKEA Korea's first South Korean store in Gwangmyeong, south of Seoul. It is scheduled to open on Dec. 18. (Yonhap)
    IKEA Korea sets relatively higher price in S. Korea

    SEOUL (Yonhap) — With the official opening of the first showroom of IKEA Korea, the local unit of the Swedish furniture giant, just one month to go, its pre-unveiled prices have sparked controversy in South Korea as...

    • Posted November 18, 2014
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  • (Korea Times)
    US-bound passengers from S. Korea to enjoy eased security check

    SEJONG, Nov. 18 (Yonhap) — Air passengers bound for the United States from South Korea’s Gimhae International Airport in Busan will be exempt from a last-minute security inspection from next month, the government said Tuesday. Starting from...

    • Posted November 17, 2014
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  • Counterfeit Bills
    Counterfeit currency ‘not refundable’

    Banks and financial companies do not have to refund counterfeit bills, experts said Sunday, according to the Chosun Biz. The view is based on the United Nation’s ruling that says responsibility rests with those who last possessed...

    • Posted November 17, 2014
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