Most Popular
-
1
Iran’s president found dead at helicopter crash site
-
2
Seoul rolls out W250b package in bid to lure foreign talent
-
3
N. Korea slams US subcritical nuclear test, vows measures to bolster nuclear deterrence
-
4
Korea's increasing US investment mutually beneficial: report
-
5
Yoon vetoes bill for special probe into young Marine's death
-
6
SNU alums nabbed for digital sex crimes
-
7
Minister warns against trusting NK stated intentions, says Moon misguided
-
8
AI Seoul Summit to discuss ways to make AI equitable in Global South
-
9
South Korea bans viral North Korea propaganda video praising Kim
-
10
Hermes celebrates craftsmanship
-
S. Korea, China, Japan adopt joint declaration without mentioning North Korea
South Korea, China and Japan adopted a joint declaration Monday that sums up annual summit talks between their leaders held the previous day, but the document made no mention of North Korea and its provocative behavior.The omission of any clause on North Korea highlights the difference that the South and Japan have with China over how to deal with Pyongyang. Beijing, the North's last-remaining maj
May 14, 2012
-
Korea, Vladivostok reach open-skies accord
South Korea and the Russian city of Vladivostok reached an open-skies accord in an effort to meet growing two-way demand for passengers and cargo, the government said Saturday.Under the agreement, South Korean airlines will be allowed to fly an unlimited number of times per week to the city in the eastern edge of Russia, the Ministry of Land, Transport and Maritime Affairs said.At present, only one South Korean and one Russian airline company offer regular flights. Korean Air Lines Co., the coun
May 13, 2012
-
Korea, China can conclude trade talks in 2 years: Lee
BEIJING (Yonhap News) ― South Korea and China can conclude bilateral free trade negotiations in two years if both sides find a compromise on “sensitive issues” for each other, such as agricultural and fishery products for Seoul, President Lee Myung-bak said in an interview televised Saturday.Earlier this month, Seoul and Beijing declared the launch of government-level negotiations to forge a bilateral pact to free up trade between the two of Asia’s biggest economies. The first round of talks are
May 13, 2012
-
How to get to the Expo
The Yeosu Expo site is located inside Yeosu City, a southern coastal port in South Jeolla Province, the nation’s southwestern region.For visitors from Seoul and the surrounding Gyeonggi Province, the most convenient way to get to the venue is to take the KTX, or Korean Train Express. Yeosu Expo Station connects to Gate 3 of the Expo directly, minimizing the walking distance for visitors. KTX passengers can also get 30 percent off their train fare if they show their Expo tickets to the ticketing
May 13, 2012
-
Obama sends congratulatory message for Yeosu Expo
U.S. President Barack Obama on Saturday sent a congratulatory message for the opening of the Yeosu Expo and expressed a close bond to its maritime theme, saying he grew up living by the sea.Images of sea life and the marine environment floated across a large water screen as Obama spoke in a video message projected onto it. The speech marked the opening of the U.S. Pavilion at the 2012 World Expo, which opened in the southern coastal city of Yeosu early in the day. The global fair, themed “The Li
May 13, 2012
-
Yeosu Expo kicks off 93-day journey
Foreign tourists satisfied with exhibit reservation system, facilitiesYEOSU, South Jeolla Province ― About 36,000 people visited the Expo 2012 Yeosu on the first day of the three-month world fair on Saturday, the expo organizing committee said Sunday.The figure was a lot less than its projection of 100,000, but the committee expects more visitors when the summer vacation season starts. “The reason the number of visitors was not as much as we had anticipated is probably because people thought th
May 13, 2012
-
S. Korea, China, Japan agree to push to launch 3-way FTA this year
Trade ministers from South Korea, Japan and China said on Saturday that they agreed to push to launch negotiations for a three-way free trade agreement by the end of this year.The agreement reached in Beijing by South Korean Trade Minister Bark Tae-ho, Japanese Economy, Trade and Industry Minister Yukio Edano and Chinese Commerce Minister Chen Deming is to be recommended to a trilateral summit sla
May 13, 2012
-
Dynamic shows open Yeosu Expo
Big O Show, K-pop, pansori performances adorn opening ceremony of world maritime fair YEOSU, South Jeolla Province -- Multimedia shows and fireworks embroidered the skies above the waters off this southern coastal town Friday evening during the Expo 2012 Yeosu opening ceremony.About 2,400 people including President Lee Myung-bak and Bureau International des Expositions secretary general Vicente Gonzalez Loscertales attended the ceremony on the eve of the official opening of the 93-day world mari
May 11, 2012
-
Financial sector urged to do more to achieve green growth
Public-private partnership has been one of the effective ways to tackle global warming.And financial companies have faced growing calls for playing a more active role in dealing with climate change as a majority of funding to sustain green growth will need to come from the private sector, while governments need to back it with sound policies.Climate change is not a short-term issue, and financial companies should see it as more than just about project financing, said Gwen Andrews, vice president
May 11, 2012
-
Yeosu Expo offers eye-catching events, performances
YEOSU, South Jeolla Province -- The Expo 2012 Yeosu has arranged several eye-catching events and performances throughout it’s run. During the three-month Expo, various concerts, street performances, water shows and other cultural spectacles performed by artists from here and abroad will be staged. The organizers said the Expo offers about 90 cultural events and performances every day until the maritime festival ends on Aug. 12Big Star ShowThe Big Star Show happens every weekend and includes per
May 11, 2012
-
IT services make Expo convenient
YEOSU, South Jeolla Province ― The Yeosu Expo organizing committee is looking to technology to make visitors feel comfortable during their visit. Committee officials said they plan to provide a multitude of cutting-edge IT-generated accommodations unprecedented by any pervious international events of a similar scale. They said that smartphone apps, automatic reservation kiosks and radio frequency identification chips will make things easier and quicker for visitors time, while maximizing the fun
May 11, 2012
-
S. Korea, Peru to expand industrial, energy cooperation
South Korea and Peru agreed to explore ways to expand industrial and energy cooperation that can benefit both countries, the government said Friday. In a meeting between Knowledge Economy Minister Hong Suk-woo and Jose Luis Silva Martinot, Peru's minister of Foreign Trade and Tourism, the two sides exchanged views on how best to achieve the "comprehensive strategic partnership" arrangement anno
May 11, 2012
-
Housing regulations eased in three rich Seoul districts
Package of measures aims to boost sagging property marketThe government announced Thursday that it would lift restrictions on housing transactions in three up-market Seoul districts ― Gangnam, Seocho and Songpa ― in an effort to stimulate the nation’s real estate market.The latest package of measures ― the 17th under the current Lee Myung-bak administration ― removes the last of the nation’s “speculation zones.”In 2003, the most coveted residential area in Seoul was designated an “overheated spe
May 10, 2012
-
‘Inventive’ attractions in store for Expo visitors
As the Yeosu Expo kicks off this weekend, foreign delegations, tourists or even local visitors may wonder what they should see.Wonder no further. As the Expo organizing committee has said numerous times, just relax and let the hundreds of guides and officials take you to attractions and pavilions where you can learn about the present and future industry and technology of marine and green science.If you are still concerned, perhaps some of these suggestions can help ease the burden. First, the Ex
May 10, 2012
-
Expo a boon for South Jeolla, governor says
Park says easing traffic jams in Yeosu is key to expo’s successThe Expo 2012 Yeosu has been an opportunity to expand infrastructure in the underdeveloped southern coastal area and could make the region a Northeast Asian center of marine tourism. Themed “Living Ocean and Coast,” the 93-day world fair will help people recognize the potential of the ocean as the future source of food and energy, said Park Joon-yung, governor of South Jeolla Province.“The Expo is one of the world’s three major inter
May 10, 2012
-
‘Yeosu ready to greet visitors from around the world’
Chief organizer Kang assures fun, convenience at three-month world fair opening SaturdayThe Expo 2012 Yeosu is finally set to kick off Saturday in the southern coastal town after years of preparation by the organizing committee and central and local governments.In addition to the KTX bullet train and cruise ships from Japan and China, new high-speed roads and bridges connecting Yeosu to the Seoul metropolitan area, South Gyeongsang Province and the western part of South Jeolla Province have been
May 10, 2012
-
Fire temporarily halts work at Hyundai Motor’s Beijing plant
A fire that broke out at Hyundai Motor’s Beijing Plant No. 1 in China on Tuesday was extinguished within two hours, without much damage to the automaker, company officials said on Wednesday.The fire halted the plant’s entire operations, the carmaker said. The fire-damaged plant is one of the three Beijing-based plants located in the Linhe Industrial Development Zone, Shunyi District, Beijing. They are identified as Beijing Plant No. 1, No. 2 and No. 3.The country’s leading carmaker said that the
May 9, 2012
-
Final rush to get Yeosu Expo ready
Organizers expect about 500,000 foreign tourists to visit global maritime festivalYEOSU, South Jeolla Province ― A last push was being made Wednesday to prepare the Yeosu Expo site, with some pavilions unfinished and roads around the site still under construction two days before the opening ceremony.Organizers said that about three pavilions would not be completed in time for Friday’s grand opening, and also tried to allay concerns over a lack of adequate accommodation. Chairman of the Expo 201
May 9, 2012
-
Korea to buoy demand amid global woes
The government plans to bolster domestic consumption and fuel the country’s overall economic buoyancy to cope with mounting global market uncertainties, the finance ministry said Tuesday.In its monthly “green book” report, the Ministry of Strategy and Finance said that economic data in such areas as industrial production, retails, business investment and construction all backtracked in March.Industrial production, a key barometer of economic health, contracted 3.1 percent in the cited month from
May 8, 2012
-
Korea’s trade with China lags far behind Japan
HONG KONG (Yonhap News) ― South Korea’s trade with China lagged behind Japan in the first quarter of this year due to fierce competition from a rival exporting country in the world’s most populous market, a Chinese government report showed Tuesday. Trade between South Korea and China reached $60.3 billion in the January-March period, compared with Tokyo’s trade volume of $79.4 billion with Beijing, according to the report by the Chinese Ministry of Commerce.Taiwan, the majority of whose exports
May 8, 2012