Will an end-of-war declaration bring us one step closer to a peaceful and nuclear-free Korean Peninsula? In Washington, there is a divergence of opinion on the utility of an end-of-war declaration as a means to reboot nuclear diplomacy with North Korea. But the majority sees more risk than opportunity, with adverse ramifications for the security of the Korean Peninsula, the South Korea-US allia...

SEJONG -- Almost 4 in every 5 foreign salaried workers in South Korea were found to be earning less than 3 million won ($2,500) a month, state data showed Tuesday. According to Statistics Korea and the Korea Immigration Service, around 811,000 foreigners were employed here this year, up 0.9 percentage point compared to the previous year. Of them, the portion of foreign employees whose monthly w...

Incheon International Airport Corp. has inked a 600 billion won ($503 million) deal to operate and develop Hang Nadim International Airport in Indonesia for 25 years starting next year, officials said Tuesday. It is the first overseas airport operation and development project Incheon International Airport Corp. has undertaken, they added. The deal was signed by Incheon International Airport Cor...

Kyobo Life Insurance, the No. 3 life insurer in South Korea, has applied for a preliminary approval to list its shares on the country's main bourse, the stock market operator said Tuesday. Kyobo Life Insurance submitted the application with the Korea Exchange (KRX) for an initial public offering (IPO) and picked NH Investment and Securities Co. as the lead manager for the envisioned stock listin...

South Korea said Tuesday it will hold high-level strategic talks with China via video links this week, the first bilateral session of its kind in more than four years. Choi Jong-kun, first vice foreign minister, is scheduled to hold the 9th Strategic Dialogue with his Chinese counterpart, Le Yucheng, Thursday afternoon, according to Choi Young-sam, spokesman for Seoul's foreign ministry. They ha...

To mark the end of the year, the Korean Film Council is screening a selection of films from Indieground’s “2021 Independent Movie Library.” The movie library is part of an Indieground project to promote Korean independent films to the public and find new distribution channels for filmmakers. For this year’s “Independent Movie Library,” a total of 727 films were submitted and 87 films -- 22 fe...

“Special Cargo” featuring Oscar-winning “Parasite” star Park So-dam will be screened at 2022 International Film Festival Rotterdam’s Harbour program, according to the film distributor NEW. The film festival will be held offline from Jan. 26 to Feb. 6 next year. Founded in 1972, the annual film festival has been held at the end of January at various locations in Rotterdam, the Netherlands. In 20...

The number of subscribers at CJ ENM’s streaming platform Tving has increased dramatically since October last year on the back of its original content, the company said. The number of paid subscribers to Tving increased by 256 percent as of Dec. 18, a rise which the company attributed to the popularity of its 60 original and exclusive content that it started offering in January. To further expan...

Regional lacquer crafts from different parts of Asia are showcased in the “Revealing Regional Characteristics” section. In Korea, lacquerware was sometimes inlaid with mother-of-pearl, whereas in China, lacquerware was carved, engraving multiple layers. In Japan, maki-e lacquerware flourished, in which gold powder is sprinkled on the lacquer. “Transcending Boundaries” shows the changes in lacque...

The number of protests held this year has jumped, even as the country’s daily coronavirus tally and the number of critically ill patients have continued to increase throughout this year. According to the National Police Agency’s report released Tuesday, the number of demonstrations held nationwide during the January-November period reached 79,407, around 238 protests per day. Last year, the fig...

South Korean builder GS E&C has completed its construction of New Selander Bridge in Tanzania, the largest development project funded by the South Korean government in Africa. New Selander Bridge is also the first bridge project GS E&C has worked on in Tanzania. It will officially open for use on Dec. 27. Located in Dar es Salaam, the largest city and financial hub of Tanzania, the New Selander...

Hyundai Motor Group raised its global electric vehicle (EV) sales target for 2026 to 1.7 million units from 1 million units, its chief executive has said, underscoring the automaker's push to meet the growing EV demand. Hyundai Motor CEO Chang Jae-hoon made the remark in an interview with the US-based Automotive News published on Tuesday, saying that the company will double the EV lineup to at l...

The chief of the main opposition People Power Party (PPP) said Tuesday he will quit all his positions in the party's presidential campaign committee following a dispute with a senior member of the committee. Lee Jun-seok announced his departure at a press briefing at the National Assembly after Rep. Cho Su-jin, the PPP campaign's communications chief, disobeyed his order and said she would liste...

Prime Minister Kim Boo-kyum on Tuesday reiterated his opposition to a proposal from ruling party presidential candidate Lee Jae-myung to temporarily postpone heavy taxation on owners of multiple homes, saying it will bring down people's trust in government policies. Lee has been calling for the government to delay imposing a heavy capital gains tax on owners of multiple homes when they sell thei...

Treat yourself to a merry little Christmas -- with this perfect playlist. Here are 10 songs to spice up the wintery mood and ring in the holiday season. 10) “Wish Tree” - Red Velvet Red Velvet sings in perfect harmony in this three-minute track of “Wish Tree” released in 2015. The seasonal song shares three wishes the bandmates have made. The first part of the song is about being happy, the se...