Gyeongju City in Korea adopted a joint statement with Isfahan City in the Islamic Republic of Iran on Aug. 5 to promote exchanges and cooperation between the two sister-friendly cities.The joint statement is a follow-up to Mayor of Isfahan City Ghodratollah Norouzi’s proposal at the Gyeongju-Ispahan

The following article was provided by the Embassy of Sierra Leone in Seoul for publication by The Korea Post media, publisher of 3 English and 2 Korean-language news publications since 1985.—Ed.Three Sierra Leonean students studying at Yeungnam University (YU: http://www.yu.ac.kr/english/main/index.

Soorim Cultural Foundation announced on Aug. 3 that Choi Kyu-hak, former assistant minister of the Planning and Coordination Office of the Ministry of Culture, Sports and Tourism, took office as the new chairman.Choi, the new chairman of the foundation, also served as the ministry’s spokesperson, th

By Feature Editor Kim Hyung-daeThe scale of the 17th Jecheon International Music & Film Festival (JIMFF) will be reduced to prevent the spread of COVID-19, as the social distancing level in non-Metropolitan areas is elevated to level 3.The Festival was originally planning to accommodate only 50% of

Former Interpark Theater CEO Lee Jong-kyu took office as the 11th new chairman of the Korea Musical Association, the association said on July 30.The move follows the recent appointment of former Chairman Lee Yu-ri as the new chairman of the Seoul Arts Foundation. On the previous day, Lee passed the

Yongsan-gu, led by Mayor Sung Jang-hyun, announced a “welcome” position on the joint statement of the Joint Chairperson of the Korea-US Status of Forces Agreement (SOFA) regarding the return of a part (500,000 square meters) of the Yongsan base of the U.S. military base.Mayor Sung said, “After two s

North Korea's foreign trade volume decreased by more than 70 percent in 2020 compared to the previous year. The U.N.’s continued sanctions on North Korea and the border blockade caused by the COVID-19 have greatly reduced both exports and imports of North Korea.In a report titled "North Korea's Fore

Nexon founder Kim Jung-joo will step down from CEO of NXC, Nexon's holding company.NXC announced on July 29 that it has appointed Lee Jae-kyo, head of the brand promotion headquarters, as its new CEO and recruited Alex Iosilevich, a former executive of a multinational investment bank, as CIO of glob

Former Prosecutor General Yoon Seok-yeol has joined the main opposition People Power Party (PPP) on July 30. It has been a month since he announced his candidacy for the Presidential election on April 29.As Yoon, a leading conservative presidential hopeful, joined the party, the opposition party's P

IBK (Industrial Bank of Korea) said that Kim Ki-moon, chairman of the Korea Federation of SMEs (KBIZ), visited the IBK on behalf of small and medium-sized enterprises on July 29 to express his gratitude for the bank’s efforts to support small and medium-sized companies for the past 60 years. IBK cel

At a ceremony marking the 75th anniversary of the Korea International Trade Association (KITA), Koo Ja-yeol, chairman of the KITA, emphasized on-site COVID- 19 responses and digital transformation of the trade industry.At the event held online on July 26, Koo, chairman of the 31st KITA and concurren

LG Energy Solution and Hyundai Motor Group announced on July 29 that they have signed an investment agreement with the Indonesian government to establish a 10 GWh battery cell joint venture in Indonesia.LG Energy Solution CEO Kim Jong-hyun, Hyundai Mobis CEO Cho Sung-hwan met at the headquarters of

The Cheongju Craft Biennale Organizing Committee announced on July 23 that it signed an official partnership with SK Hynix at the office of Cheongju City Hall on July 22.SK Hynix, a global semiconductor company, has joined as an official partner of the 2021 Cheongju Craft Biennale, the world's first

The Korea Entertainment Management Association (KEMA) said on July 22 that Moon Yong-sung, CEO of Big Boss Entertainment, has been elected as the sixth chairman of the association.As a result of the sixth election of KEMA executives, Chairman Moon Yong-sung (CEO of Big Boss Entertainment), Vice Chai

Hyundai Motor Group (HMG) Honorary Chairman Chung Mong-Koo has been inducted into the Automotive Hall of Fame at the 2020/2021 Induction and Awards Ceremony, a group spokesman said on Juy 23.The industry’s top honor was presented to the class of 2020 at a celebration held at the ICON Convention Cent

While the possibility of President Moon Jae-in issuing a special amnesty on the Aug. 15 Liberation Day has been raised, various prospects are emerging from the political circles on the future of former Presidents Lee Myung-bak and Park Geun-hye.In particular, there is speculation in the political ci

The Supreme Court confirmed a two-year prison term for South Gyeongsang Province Gov. Kim Kyung-soo, a close aide to President Moon Jae-in, upholding the lower court ruling for colluding with Kim Dong-won, better known by his online alias “Druking,” to manipulate online opinion before and after the

A new poll showed that Gyeonggi Province Governor Lee Jae-myung is leading the next Presidential candidate preference survey. Former Prosecutor General Yoon Seok-yeol had a 10 percent-level approval rating.According to the public opinion poll carried out by Korea Research at the request of MBC on Ju

The following article was contributed by the Embassy of Uzbekistan in Seoul to The Korea Post for publication, publisher of 3 English and 2 Korean-lanugage news publicatios since 1985.—Ed.On July 15-16, Tashkent hosted the International Conference “Central and South Asia: Regional Connectivity. Chal

Yanolja, a global leisure platform company, has attracted a total of 2 trillion won (some $1.7 billion) in investment from Japan's SoftBank Group led by founder and CEO Masayoshi Son. (Son Jeong-eui in Korean name)Yanolja is focusing on digital transformation of the global travel and hospitality mar