A majority of South Korean ICT companies are sanguine about the country's economic and their business conditions in 2018, a poll showed Tuesday.According to the survey of 300 domestic ICT firms, 35 percent of the respondents expect Asia's fourth-largest economy to turn for the better next ye
U.S. President Donald Trump vowed Monday to "take care of" North Korea's nuclear and ballistic missile threats as he unveiled the first national security strategy of his administration.He said his administration has pushed a campaign of "maximum pressure" on North Korea to produce the "toug
Following are excerpts from an interview with Mayor Lee Byung-sun of Sokcho City recently conducted by The Korea Post media, publisher of 3 English, 2 Korean news media.—Ed. Question: What are Sokcho City’s unique urban environment and competitive edge that help the City grow in
Oak Room, Millennium Seoul Hilton’s English-style bar, will host a New Year’s Eve Countdown Party (no cover charge) on December 31st so fun-seeking party-goers can welcome 2018 in style.There are several ‘Celebration Sets’ available to help you party it up. Feel free to choose from the Guinness set
The cumulative sales volume of POSCO’s Automotive Steel Processing Center in Suzhou, China has exceeded 5 million tons, said the steel giant in a statement. This facility is the first POSCO steel processing center which achieved the feat in a period of 14 years. The Suzhou Automotive
South Korea will search for ways to bring North Korea back to dialogue to negotiate a peaceful resolution of its nuclear weapons development, Foreign Minister Kang Kyung-wha said Monday, labeling the issue as the biggest diplomatic challenge facing the South."The North Korean nuclear issue still re
The Lao People’s Democratic Republic is obviously in good hands—in Laos and Korea, and also in terms of relations and cooperation between Korea and Laos.In Laos under the leadership of President Boungnang Vorachith, the country has been achieving an average 7% annual economic growth and the pe
The Korean daily media headlines and humorMonday, December 18, 2017 Your Excellency: Here are The Korea Post notices and a roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea today: Very Respectfully Yours /s/ Lee Kyung-sikPublisher-ChairmanKorea P
Slightly over 1 in 10 subsidiaries of South Korea's top 10 business groups are listed as foreign-invested companies eligible for tax and other benefits, a market tracker said Monday.As of end-November, 91 of the groups' 665 units, or about 14 percent of the total, were registered with the go
The amount of uncollected premiums for South Korea's state health insurance hit a record high in 2017 due to increased business failures amid a slowing economy, the insurance operator said Monday.According to the National Health Insurance Service, its lost premiums stood at a fresh high of 188 b
(Yonhap) -- South Koreans plan to spend less on year-end and new year holiday gifts in the coming few weeks compared to the year before amid rising unemployment and unstable job security, a poll showed Monday.The average South Korean plans to spend about 203,000 won (US$183) buying gifts toward the
North Korean leader Kim Jong-un visited a Pyongyang mausoleum on the weekend to pay tribute to his late father, marking the sixth anniversary of his death, the nation's state media reported Monday.North Korea watchers here had been curious about Kim's whereabouts on the North's "greates
SEOUL, Dec. 17 (Yonhap) -- South Korea's top diplomat will visit Japan this week to discuss North Korea and pending bilateral issues, the foreign ministry here said Sunday.Foreign Minister Kang Kyung-wha will leave for Tokyo on Tuesday for a two-day stay for talks with her Japanese counterpart T
The United Nations is expected to adopt a resolution condemning North Korea's human rights violations for the 13th consecutive year this week, diplomatic sources said Sunday.The U.N. General Assembly is scheduled to convene at 10 a.m. on Tuesday to deal with a new draft resolution on North Korea
South Korea's spy agency suspects North Korea might be involved in recent hacking incidents related to cryptocurrency, according to sources on Saturday.The National Intelligence Service (NIS) is said to have secured evidence that the North was involved in stealing the personal information of som
South Korean President Moon Jae-in called for increased cooperation between his country and Chongqing in a meeting with the city's Communist Party leader, who is also China's rising political star."I believe economic cooperation between South Korea and Chongqing will greatly contribute to C
South Korean President Moon Jae-in on Saturday vowed efforts to boost his country's economic cooperation with China, saying cooperation between the countries will benefit both.The president also vowed efforts to link his New North and New South policies with China's One Belt, One Road develo
South Korea's corporate watchdog is looking into whether Mirae Asset Group, a major financial service provider, is violating regulations over inside transactions among its affiliates, industry sources said Friday.The current law forbids inter-affiliate trading within a business group where the c
South Korean President Moon Jae-in on Friday left for China's southwestern city of Chongqing, the second and last leg of his four-day state visit.The trip follows Moon's meeting with Chinese President Xi Jinping in Beijing for their third bilateral summit.The presidents reaffirmed their reso
Unionized workers at Hyundai Motor Co. will stage a walk out next week for higher wages and bonuses, as the carmaker has not accepted their demands, the union said Friday.Hyundai workers plan to go on strike for eight hours a day Monday through Tuesday at the carmaker's five plants in Ulsan, abo