Monday, September 4, 2018Round-up of important news from major Korean dailies today And from international media:The Korea Post media (www.koreapost.com) in English, (www.koreapost.co.kr) in Korean.Founder of Doosan Business Group may have wanted it grow into a ‘Big Mountain’The Doosan Group is a la
South Korea's top mobile messenger operator Kakao Corp. said Tuesday that it will expand investment in an artificial intelligence (AI) sector in line with the company's effort to find a new growth engine."Kakao adopted AI to spearhead long term and stable growth in various services," Kim B
By Park Byung-uk, vice president/editorial writer (industry) This is the second installment in a series articles on leading business conglomerates in Korea and around the world covered by the writer, a specialist in the business world in Korea and outside the world. Park was formerly
The following are excerpts from the address of Ambassador Vitaliy Fen of Uzbekistan in Seoul to the readers of the The Korea Post media published on the occasion of the 27th Anniversary of Independence of the Republic of Uzbekistan and the 26th Anniversary of Establishment of Diplomatic Relations be
At the plenary session on June 22, 2018, the UN General Assembly adopted a resolution on «Strengthening regional and international cooperation to ensure peace, stability and sustainable development in the Central Asian Region». According to the Uzbek Foreign Ministry, who made statement
The Government of the Republic of Uzbekistan pays special attention to the early development of preschool education. This direction is one of the priority directions of state policy. Understanding the extreme importance of the early stage of child development led to the need for a new ministry - the
Classical music is a kind of professional music with perfection, complexity meaning and listener, creator and performer. Uzbek maqom is a bright example and advanced genre of the classical music. In Uzbekistan Shashmaqom is shaped as the system of Khorazm maqoms and Fergana--Tashkent maqoms. Each re
History of Uzbekistan dates back to the 2 millennium BC and is more than 3.5 thousand years. Some of the cities of Uzbekistan, Samarkand, Bukhara, Khiva, Shakhrisabz, the contemporaries of Rome and Babylon, and are centers of civilizations of the Great Silk Road. The Great Silk Road is one of the mo
Monday, September 3, 2018Round-up of important news from major Korean dailies today And from international media:The Korea Post media (www.koreapost.com) in English, (www.koreapost.co.kr) in Korean.Moon names chief security adviser as special envoy to N. KoreaSouth Korean President Moon Jae-in on Su
Non-bank financial institutions' corporate loans rose at a fast pace in the first half of the year as they pushed to lend more to one-man operations amid regulatory control on household lending, central bank data showed Monday.Such loans by non-bank depository institutions came to 147.73 trillio
The National Assembly is set to open its regular session Monday with key bills aimed at propping up the slowing economy and promoting business regulation pending.Rival parties failed last week to narrow their differences about proposals easing Internet-only banks' ownership cap and other key der
South Korean President Moon Jae-in on Sunday named his top security adviser as a special envoy to North Korea.Chung Eui-yong, head of the presidential National Security Office, will head a five-member delegation to the communist state that is set to leave for Pyongyang on Wednesday. T
The South Korean government and the nation's ruling party agreed Saturday to maintain the policy of boosting economic growth with a focus on expanding the income of ordinary people.The decision was made in spite of growing criticism of the signature policy of the left-leaning Moon Jae-in adminis
South Korean shares will likely trade higher next week as investors are expected to continue buying up relatively undervalued shares following improvements in the U.S. economy, analysts said Saturday.The benchmark Korea Composite Stock Price Index closed at 2,322.88 points on Friday, up 1.29 percent
South Korea's exports increased 8.7 percent in August compared with a year ago on upbeat sales of semiconductors and petrochemical products, government data showed Saturday.Outbound shipments reached US$51.2 billion last month, a record high for August, according to the data compiled by the Mini
The South Korean government will reduce the debt ratio of public corporations by 11 percentage points to 156 percent by 2022 as part of its efforts to improve the balance sheets of state-funded entities, the finance ministry said Friday.Under a long-term financial management plan, 39 public firms, i
South Korea spent some 70 percent of its state budget earmarked for 2018 in the first seven months as it moves to maintain its recovery pace and create more jobs, the finance ministry said Friday.Some 195 trillion won (US$175 billion) was spent through July, 11.4 trillion won, or 4 percentage points
South Korean President Moon Jae-in will send a special envoy to North Korea next week to arrange his scheduled summit with North Korean leader Kim Jong-un and also discuss ways to move forward the stalled denuclearization of the communist state, Seoul's presidential office Cheong Wa Dae said Fri
South Korean automobile experts plan to carry out a wide range of tests on three BMW 520d sedans by December to try to determine the exact cause of fires that have destroyed dozens of cars here.The Korea Automobile Testing and Research Institute said Friday it will find out the circumstances behind
South Korea will mandate that foreign IT companies designate an official in charge of managing personal information, sources said Friday.According to the industry sources, a relevant law was passed through a regular session of the National Assembly a day earlier that makes it mandatory for companies