Festivals, sights across Korea

Pocheon Herb Island’s Lavender Festival The Lavender Festival, which started on April 22, will run through July 1 at Herb Island in Pocheon, Gyeonggi Province. Botanical garden Herb Island seeks to mesmerize its visitors not only with the purple-colored fields, but also with the aromatic scent of lavender. Aside from flowery photo zones, the festival offers various programs, including natural soap and cosmetics making, herb foot bath experience and more. Admission fees vary by age and prog

Stone cafe, art exhibition for your dog, tastes of world at Gwanghwamun

Giant, surreal stone cafe in Daelim-dong Lostone, a four-story cafe in Daelim-dong, Seoul, offers a unique spacial experience beyond just visiting a cafe for a cup of coffee. Lostone is an abbreviation of "lost stone." Dozens of giant stone pieces make up part of the wall on each floor, creating a unique atmosphere. The cafe building took three years to come together. Inspired by oddly formed rocks and strangely shaped stones frequently seen in Korean and Chinese landscape paintings, t

CHA recruits college students to join Global Cultural Heritage Ambassador program

The Cultural Heritage Administration and the Voluntary Agency Network of Korea, an NGO that focuses on promoting international exchanges, are seeking foreign college students to join this year's Global Cultural Heritage Ambassadors program. The program aims to foster the promotion and exchange of Korean culture and history with the world. A total of 30 people who are currently enrolled in Korean colleges as international or exchange students will be appointed as ambassadors. Selected ambass

Academy of Korean Studies releases English journal on Joseon Confucianism

The latest issue of the English journal "The Review of Korean Studies," published by the Academy of Korea Studies, explores Confucianism in 19th century Joseon and the belief system's response to the challenges it faced at the time. Presenting three analyses by specialists in Joseon-period Confucianism -- Prof. Baek Min-jung of the Catholic University of Korea, Prof. Kim Seon-hee of Ewha Womans University and Prof. Lee Haeng-hoon of Hallym University -- the journal explores how th

Twice as many millionaires to leave S. Korea in 2023: report

Amid the increasing trend for high-net-worth individuals to migrate to other countries, more than 800 Korean millionaires, which is double the amount compared to last year, are expected to migrate to foreign countries in 2023, a report said. According to a report released by English residence and citizenship investment advisory firm Henley & Partners, Korea's net outflow of high-net-worth individuals, or HNWIs, is estimated to jump from 400 to 800 in 2023. The number marks Korea as the seve

BOK heeds possibility of US rate hikes later this year

US Fed foregoes interest rate increase in June meeting, signals two more rises on the way

Qatar seeks to bolster strategic ties with Korea

Qatar called for investments from South Korea companies amid expanding economic ties between the nations, vowing diverse incentives that include 100 percent foreign ownership of listed firms and drastic tax cuts, at an investment forum hosted by the Korea Chamber of Commerce and Industry and the Embassy of Qatar to Korea in Seoul, Wednesday. "Qatar has grown as the key pillar of the Gulf Cooperation Council economy through the means of diversifying its carbon-dependent economic structure,

Top chaebol groups search for breakthrough strategies

SK CEOs discuss management strategies to tackle chip slump, market uncertainties; Samsung, Hyundai set to hold similar meetings in coming weeks