South Korea’s government budget is expected to hover around 542 trillion won ($449 billion) next year, rising 6 percent from the 2020 budget, according to plans submitted by each government branch to the Ministry of Economy and Finance. The ministry said the combined budget requested by each government branch for 2021 stood at 542.9 trillion won. The budget amount, if approved, will be up 6 percent from the 2020 budget. The country’s government budget has been increasing around

The combined revenue from overseas markets of South Korea’s top 100 companies dropped by 10.4 percent due to the coronavirus pandemic, data from the Federation of Korean Industries showed. The data was based on each firm’s report of their consolidated revenue as of the first quarter this year. (khnews@heraldcorp.com)

The amount of allowances paid out to those seeking jobs surpassed 1 trillion won for the first time in May, data from the Employment and Labor Ministry showed. The job seeking allowance system first began in 1995. It takes up most of the unemployment allowance. The figure reached 1.162 trillion won, up 33.9 percent from the same month last year, driven by a rise in the number of jobless amid the coronavirus pandemic. There were 111,000 new applicants to receive the allowance last month, up 32

진행: 손지형, Paul Kerry 1. Korea rolls out face masks for summer heat 아이튠즈(아이폰): https://itunes.apple.com/kr/podcast/koliaheleoldeu-paskaeseuteu/id686406253?mt=2 팟빵 (안드로이드): http://www.podbbang.com/ch/6638 요약: 한국 여름 마스크 출시 후 온라인 판매 시작. [1] A new type of face mask designed to be more breathable than the N95 or KF94 respirators while shielding people from respiratory droplets -- through which the spread of the novel coronavirus can occur -- has been launched in South Korea. *respirators: 방독면,

Vietnam is pulling ahead in the race to reopen Southeast Asia to city-hoppers and sunseekers. International arrivals were down 98 percent in May from a year earlier, after a record 2019. Yet success in containing the coronavirus epidemic means domestic travel has already restarted. Thailand, by comparison, is still under a state of emergency, and other neighbors in the tourism-friendly region are only slowly easing restrictions. The steady reopening will help Vietnam’s convalescing econom

South Korea plans to begin commercializing air taxi services in 2025, which will connect city areas and suburbs, according to the Transport Ministry’s urban air mobility roadmap. The government said it will first finish the development of an air taxi unit that can transport individual passengers. The ministry added that the UAM units will be initially designed to travel 30 to 50 kilometers between city centers and suburbs. The destinations will be approximate to other public transportat

What was your first reaction when you saw the video of the white cop kneeling on George Floyd’s neck while Floyd croaked, “I can’t breathe”? If you’re white, you probably muttered a horrified, “Oh, my God” while shaking your head at the cruel injustice. If you’re black, you probably leapt to your feet, cursed, maybe threw something (certainly wanted to throw something), while shouting, “Not @#$%! again!” Then you remember the two white

The most popular apartments in Seoul are new and located in Seocho-gu, according a recent report. Local real estate company Real Estate 114 surveyed the average price of apartments by year and district in Seoul as of last month. By year, it found that new apartments in the first to fifth year of occupancy were the most expensive at an average of 1.38 billion won ($1.14 million). By district, Seocho-gu had the highest average sale price of 2.57 billion won. (khnews@heraldcorp.com)

With the coronavirus pandemic forcing social distancing, the number of employees at public entities who worked from home in the first quarter this year reached 31,148, data by state portal service Alio showed. It is nearly 22 times more than 1,408 tallied for the whole of last year. There are some 418,000 working at the surveyed state-run companies and organizations. (khnews@heraldcorp.com)