Most Popular
-
1
[Exclusive] Korean military set to ban iPhones over 'security' concerns
-
2
Korean, Romanian leaders discuss defense tech, nuclear energy
-
3
S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
-
4
Yoon’s jailed mother-in-law excluded from latest parole list
-
5
Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
-
6
[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
-
7
[Pressure points] Leggings in public: Fashion statement or social faux pas?
-
8
Korea’s homegrown nanosatellite successfully launches into space
-
9
Nicaragua shuts down Seoul embassy
-
10
Rocket engine expert, ex-NASA exec to lead Korea's new space agency
-
Korean students erect comfort women statue
A statue of a girl symbolizing the victims of sexual slavery by the Japanese military during World War II will be unveiled at Seocho High School in Seoul on Thursday. A group of high school students erected the statue in the school compound Wednesday in a bid to raise awareness about Japanese imperialism. “On entering the school, you can see we have installed a camera to monitor Dokdo in real time and picture. The statue of the girl is another effort to help form a correct view of history,” said
Sept. 4, 2013
-
Koreas exchange views on changing management rules for Gaeseong park
South and North Korea engaged in detailed negotiations Wednesday on ways to reform management rules of the suspended joint industrial park in the communist country, protect investments and strive for ways to internationalize the complex. The two sub-committee meetings that began in North Korea at 10a.m. come after both sides agreed on Aug. 14 to reopen the Gaeseong Industrial Complex in the North, and inked a deal last Thursday to create a new joint management committee.The joint committee, co
Sept. 4, 2013
-
Warrants sought for construction firm executives over rigging scheme
Warrants have been sought for six incumbent and former executives of four local major builders on suspicions of colluding in the former Lee Myung-bak administration's highly controversial project to refurbish the country's four major rivers, prosecutors said Wednesday.The four -- Hyundai Construction & Engineering Co., GS Engineering & Construction Co., SK Engineering & Construction Co. and Samsung C&T Corp. -- allegedly colluded to win bids for the first phase of the mega-budget project, which
Sept. 4, 2013
-
Ex-President Chun's son voices intention to pay fines
Former President Chun Doo-hwan's second son has expressed his intention to voluntarily pay the remainder of unpaid fines levied on his disgraced father convicted of taking bribes while in office in the 1980s, prosecution sources said Wednesday. Chun, a former Army general who seized power in a coup, was ordered by the Supreme Court in 1997 to return to state coffers some 220 billion won ($196.8 million) he was found to have illegally accumulated through bribery while in office as president from
Sept. 4, 2013
-
Investigators grill Chun’s son over alleged tax evasion, land deal
Prosecutors investigating former President Chun Doo-hwan’s concealed assets on Tuesday grilled his son over allegations that he dodged a large sum of taxes in a shady real estate deal and purchased luxury residences abroad with his father’s slush fund.Chun’s second son, Jae-yong, was summoned by Seoul Central Prosecutors’ Office early in the morning as a key suspect for a suspicious land transaction with his uncle in 2006. Prosecutors believe that the younger Chun conspired with his uncle, Lee C
Sept. 3, 2013
-
Australian corruption body urges joint efforts
There is now a growing level corruption occurring across borders, and international partnerships are essential in understanding and combating the serious and systemic crimes, according to the head of Australia’s corruption watchdog.“Anti-corruption agencies in various countries, like Australia and South Korea, to be in contact and to cooperate with other agencies are now very important. So we can learn from each other and understand things we have to work on,” Philip Moss, Integrity Commissioner
Sept. 3, 2013
-
Asia-Pacific countries boost fight against graft
Anti-corruption officials from Asia and Pacific countries on Tuesday shared best practices and discussed ways to strengthen cooperation to fight bribery, influence-peddling and other irregularities Some 30 representatives from nine agencies participated in the two-day Anti-Corruption Agency Forum which began Monday. The seventh biennial conference was hosted by the Anti-Corruption and Civil Rights Commission of Korea.“Corruption has become a transnational issue with the economic globalization. A
Sept. 3, 2013
-
Former tax chief admits to taking bribes from CJ
A former top tax official accused of taking bribes from food and entertainment conglomerate CJ Group while in office in 2006 admitted to the charges at a court hearing Tuesday.Jeon Goon-pyo, 59, allegedly accepted US$300,000 in U.S. bills from CJ Group officials in exchange for favors during a tax audit into the conglomerate in July 2006, shortly after he was named the commissioner of the National Tax Service (NTS), prosecutors said.Jeon is further accused of taking a high-end watch worth 35 mil
Sept. 3, 2013
-
NTS orders 11 individuals to pay 71.4 bln won for offshore tax evasion
South Korea's tax agency said Tuesday that it has ordered 11 individuals to pay about 71 billion won ($64.6 million) for evading due taxes through offshore paper companies.The move comes roughly three months after an independent Internet press organization disclosed a list of Korean nationals suspected of running paper companies in tax haven regions, including the British Virgin Islands.The National Tax Service reviewed the list and confirmed the identities of 267 Korean nationals, of which 39 w
Sept. 3, 2013
-
Prosecution grills ex-President Chun's second son
Former President Chun Doo-hwan's second son was called in for questioning by prosecutors Tuesday over suspicions that he evaded taxes in a land transaction to turn a profit. It marks the first time that a child of Chun faced questioning since the prosecution office launched a probe team tasked with reclaiming the fortune of the former military dictator who was convicted of taking bribes while in office in the 1980s.Chun was ordered by the nation's top court in 1997 to return to state coffers aro
Sept. 3, 2013
-
1 in 5 20-somethings likely to stay single: study
More than 1 in 5 Koreans in their early 20s may never get to meet their Mr. or Mrs. Right should the current trends continue, a study showed Tuesday.About 24 percent of men and 19 percent of women aged 20 in 2010 were expected to remain single until 45, according to the study released by the state-funded Korea Institute for Health and Social Affairs.People who remain single at the age of 45 and over are usually regarded as the non-married demographic.The chances are extremely low for people get
Sept. 3, 2013
-
Chun investigators raid in-law’s firm, to question children
The prosecution intensified pressure on former President Chun Doo-hwan on Monday by raiding the company belonging to his in-law, who is suspected of laundering Chun’s hidden assets, and pushing forward with plans to summon his children.Authorities investigating Chun’s secretive fund, raided the offices of DongA One Corp., a leading local flour mill company owned by Lee Hee-sang, the father-in-law of Chun’s youngest son Jae-man.They seized computer hard discs and account books from 11 offices and
Sept. 2, 2013
-
Artist seeks new home for Korean War paintings
It was the worst military disaster for the United States since Valley Forge. But the Battle of Chosin Reservoir ― and countless others like it during the Korean War ― left behind memories of courage and camaraderie, and remembrance for many Korean people.Among them is artist Kim Mi-jung, who decided to express thanks to veterans by depicting the war’s most dramatic events on canvas in time for the 60th anniversary of its outbreak, in June 2010.Twenty-one like-minded painters joined Kim to create
Sept. 2, 2013
-
Korea has hottest summer on record
South Korea suffered the hottest summer on record this year, with the southern part of the country bearing the brunt of the scorching heat, the state weather agency said Monday.The Korea Meteorological Administration said the nation‘s average summer temperature came in at 25.4 degrees Celsius, 1.8 C higher than usual and the highest since the agency began gathering related data in 1973.The morning lows averaged 21.7 C this summer, the highest in 40 years, due to frequent tropical nights during w
Sept. 2, 2013
-
Seoul call center workers cancel strike after wage deal
The labor union of Seoul City’s public call center called off a general strike scheduled for Monday after reaching a wage agreement with their employers. Their companies agreed to raise the basic wage by 3 percent, provide 50,000 won ($45) in holiday bonus and exempt full-time union executives from work.The 120 Dasan Call Center is currently run by a consortium of three private agencies on behalf of the city government. More than 450 contract workers provide the 24-hour call service. About 150 w
Sept. 2, 2013
-
Prosecution raids firm owned by Chun's in-law over illegal slush funds
Prosecutors on Monday raided the offices of DongA One Corp., a leading local flour milling company that belongs to former President Chun Doo-hwan's relative, on suspicion of laundering the secret funds of the military-backed ruler convicted of bribery while in office in the 1980s.Chun was ordered by the nation's top court in 1997 to return to state coffers some 220 billion won (US$196.8 million) he illegally accumulated through bribery from big businesses during his rule from 1980-88. Chun, who
Sept. 2, 2013
-
Koreas engage in joint panel talks to set factory park reopening timetable
South and North Korea on Monday started talks on how to ensure the smooth running of their joint industrial complex to prevent another interruption from political or other non-economic factors.The two Koreas agreed on Aug. 14 to reopen the suspended Gaeseong Industrial Complex in the North Korean border city of the same name and inked a deal last Thursday to create a new joint committee that will oversee operations at the inter-Korean factory zone, which had been previously run by a North Korean
Sept. 2, 2013
-
30% of foreign short-term visitors stay illegally
Nearly 3 out of 10 short-term foreign visitors to South Korea are believed to be staying here illegally, government data showed Sunday.According to data by the justice ministry, a total of 79,617 foreigners who came to South Korea on short-term tourist visas were staying here illegally as of July 31. The figure represents 28 percent of 285,378 foreigners who landed in South Korea on short-term tourist visas, the data showed. By country, 43.7 percent, or 34,852, of the illegal foreigners came fro
Sept. 1, 2013
-
Private preschools charge 14 times public rate
The average tuition fee at private kindergartens is 14 times higher than that of public preschools, according to a government survey. The Ministry of Education on Sunday released a comprehensive survey of 8,559 preschools across the country regarding costs, financial status, rules and law violations.The result showed that parents of children over age 5 attending private kindergartens pay 191,737 won ($173) per month on average, compared with 13,285 won for public ones.For 3-year-olds, private pr
Sept. 1, 2013
-
Seoul-Busan rail traffic returns to normal after train collisions
Rail traffic connecting Busan and Seoul resumed normal operations on Sunday, less than 24 hours after collisions involving three passenger trains in a southeastern city, officials said.Officials of Korea Railroad Corp. (KORAIL) said an early KTX bullet train leaving Busan, about 450 kilometers southeast of the capital, for Seoul departed on schedule at 5 a.m. Sunday.They said other passengers also left for their destinations on time, except for one Mugunghwa train that had maintenance issues and
Sept. 1, 2013