With the April general election just around the corner, the main opposition Democratic Party of Korea is again campaigning on “abolishing the political prosecution” -- a slogan that the liberal party has been using for every election for at least the past three administrations. Rep. Lee Jae-myung, the Democratic Party chair who was narrowly defeated by then-rival Yoon Suk Yeol in the 2022 presidential election, says he is a victim of “political prosecutors." Having been in

Political parties yet to announce candidates representing overseas Koreans

Yoon's popularity surpasses 40% mark for 1st time in 8 months on policy drives

Proposed Bill: Partial Amendment to the Act on the Improvement of Urban Areas and Residential Environments Proposed by Rep. Park Duk-hyum (People Power Party) ● The number of owners of most plots of land in major cities exceeds the number of owners allowed to directly or jointly implement a redevelopment project, which has complicated the implementation of redevelopment projects. This amendment expands the conditions regarding the number of owners of a plot of land from the current less than 2

The financial regulator said Monday that it will work to incentivize efforts by local businesses to enhance their own value that will in turn lead to increased returns to investors. The move comes as part of efforts to end the "Korea Discount," where local shares are traded at prices lower than their fundamentals. A seminar, attended by Kim Joo-hyun, the head of the Financial Services Commission, was held on the day to discuss how to encourage local firms to improve their value. "

The campaign strategies for South Korea’s two major parties are starting to take shape as they fill candidacies for the legislative general election less than 50 days away. The Democratic Party of Korea, the main opposition that has a majority in the National Assembly, is playing the “Yoon Suk Yeol card,” seeking to capitalize on the strong anti-Yoon sentiment in the party’s base. Rep. Kim Min-seok, who is heading the Democratic Party general election situation room, told

Lawmakers labeled as 'underperformers' accuse party of favoring pro-Lee faction

President Yoon Suk Yeol on Friday appointed experienced bureaucrats as new vice science ministers, his office said. Lee Chang-yune, the secretary-general of the Presidential Advisory Council on Science & Technology, was appointed to replace Cho Seong-kyung as the first vice science minister in charge of science technology policies, the presidential office said. Kang Do-hyun, director of ICT policy at the science ministry, was appointed to replace Park Yun-kyu as the second vice science minis

The Ministry of Gender Equality and Family faces dissolution as President Yoon Suk Yeol has decided to leave the position of minister of gender equality vacant, in an apparent drive to disband the ministry, one of his key election pledges. "President Yoon believes it is necessary to express his firm intention to fulfill the pledge at the administrative level, even if a legal revision has yet to be made," a senior presidential official said Thursday. Currently, two amendments to the Gov

President Yoon Suk Yeol on Thursday pledged to spend 4 trillion won ($3 billion) on nuclear energy research and development projects during his five-year term until 2027, bolstering his earlier commitment in July 2022 to reverse the nuclear phase-out policy. Yoon also set the goal of planning nuclear power projects that would earn the domestic nuclear energy industry a combined 3.3 trillion won, and promised to extend a total of 1 trillion won in special loans for industrywide support. Moreover,

South Korea is poised to ease regulations on greenfields protected by the government and permit land development projects in such conservation areas in provincial areas. President Yoon Suk Yeol said the eased rules related to protected areas designated as "greenbelt" could create economic value during the 13th session of the policy debate held in Ulsan on Wednesday. "The one-size-fits-all land regulations concerning the greenbelt designation will be addressed for the first time in

Voters believe ruling party leader is better at managing than main opposition chief

President Yoon Suk Yeol called by phone his counterparts in Germany and Denmark Tuesday to provide an explanation for postponing his trip to the two European countries, according to his office on Wednesday. Yoon asked German President Frank-Walter Steinmeier and Danish Prime Minister Mette Frederiksen for understanding for delaying his previously scheduled visit. Yoon had been set to depart Seoul this Sunday for a weeklong trip including a state visit to Germany. Yoon told Steinmeier and Frederi

President Yoon Suk Yeol on Tuesday accepted the resignation of Gender Equality Minister Kim Hyun-sook, officials said, six months after she offered to step down over the failed Scout jamboree. Kim offered to resign in September to take responsibility for the mismanagement of the 25th World Scout Jamboree the previous month but was retained pending a replacement. Yoon had tapped Kim Haeng, a former member of the ruling People Power Party's interim leadership panel, as the new gender minister

President Yoon Suk Yeol spoke by phone with German President Frank-Walter Steinmeier on Tuesday and asked for his understanding regarding his decision to postpone his state visit to the European country, Yoon's office said. Yoon was planning to visit Germany and Denmark this week but postponed the trip four days before his scheduled departure. The presidential office did not give an official reason, though there was speculation the decision reflected his need to focus on domestic issues and