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Friday, May, 15, 2026

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S.KOREA

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  • Korea tourism shows growth but trails Japan in quality

    South Korea’s tourism industry showed renewed momentum in the first quarter with a record number of foreign visitors, raising hopes for the government’s long-term goal of attracting 30 million annual tourists by 2029. However, industry experts say Korea still lags behind Japan in key qualitative indicators such as visitor spending and repeat travel rates.Acc..

  • Ruling and opposition parties agree to pass supplementary budget by April 10

  • Ruling and opposition parties in South Korea agreed to pass a supplementary budget bill aimed at addressing the Middle East crisis by April 10 during a ple..
  • Jung claims Ssangbangwool case was fabricated

  • Jung Cheong-rae said on March 30 that the Ssangbangwool North Korea remittance case related to President Lee Jae-myung had been “completely fabricated,” cl..
  • High approval for Lee, but conservatives face internal rifts

  • Ahead of the June 3 local elections, concerns are growing within and around the People Power Party about a potential “again 2018” scenario. Analysts say th..
  • Rival parties clash over timing of extra budget bill

  • South Korea’s rival parties are locked in a standoff over the timing of approving a 25 trillion won supplementary budget, highlighting deep divisions over..
  • Kim Boo-kyum to launch Daegu mayor bid

  • Former Prime Minister Kim Boo-kyum will officially announce his candidacy for Daegu mayor on March 30 at February 28 Memorial Central Park, a site symboliz..
  • Lee vows no time limits for state violence crimes

  • President Lee Jae-myung said on March 29 that his administration will push to eliminate the statute of limitations for crimes of state violence and establi..
  • DP releases recording over alleged prosecutorial pressure

  • South Korea’s Democratic Party released a recorded phone conversation on March 29, alleging that prosecutors pressured a suspect to provide testimony impli..
  • Property tax threshold eyed for high-value home rule

  • The South Korean government is considering using the comprehensive real estate tax as the key benchmark to define “non-resident high-value homes,” which co..
  • Lee to hold Indonesia, France summits on energy security

  • President Lee Jae-myung will hold consecutive summit talks with leaders of Indonesia and France to discuss energy security and supply chain stability, amid..
  • Jung vows fast-track budget to tackle crisis

  • Jung Chung-rae, leader of the Democratic Party of Korea, pledged on March 27 to swiftly pass a supplementary budget aimed at addressing the ongoing economi..
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“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties

· “Efforts will be made to remove Hallyu ban quickly”
· SK Group Chairman heads to Japan to soften “WD risk”

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