When the government first introduced the 50,000 won note in 2009, in addition to the existing 1,000, 5,000 and 10,000 won bills, it hoped the introduction of the new note would save costs for issuing 100,000 won checks and provide a boost to the economy b
[526호]
The Seoul-Tokyo standoff over Dokdo has reached new heights last week. Shortly after Japan approved middle school textbooks describing the islets as its territory, the nation’s government gave the go sign on constructing an ocean research station and a s
[525호]
Despite all the chaos and catastrophic events continue to swallow the land of the rising sun, Tokyo decided to take a firm stance in its territorial claim on Korea’s easternmost islets. Sources report that the Japanese government has given the go sign on
[524호]
After the massive earthquake storming Japan, countless Japanese residents and foreigners are evacuating to Korea for safety. It appears foreigners evacuating from Japan are choosing the nation as their stopover place. Hotels in Seoul have reported the cro
[523호]
Tokyo recently sent out a request for assistance of the key material vital for stopping fission nuclear reactions to the nation’s Ministry of Knowledge Economy. Japan has currently run out of its own stockpile since they were used up at the Fukushima nuc
[522호]
Cheong Wa Dae officially announced the President called his government this week to vamp up the efforts to alleviate growing public concerns surrounding inflation. President Lee Myung-bak stressed the fact the current situation is inevitable under the cir
[521호]
A recent government report revealed that the nation’s consumer prices hiked sharply in February due to soaring agricultural and energy-related product costs. The report from Statistics Korea showed the nation’s consumer price index surged 4.5 percent la
[520호]
At an annual defense meeting amongst top military commanders and ministers, President Lee Myung-bak called on the nation to unite and prepare for North Korea’s further provocations. “The government, military and civil servants must collaborate to excel
[519호]
The 14-member team headed by Gunilla Linderg of Sweden has arrived at Pyeongchang. The long awaited arrival is to inspect the city under International Olympic Committee (IOC) standards to see if it is fit to host 2018 Winter Games. After being unsuccessfu
[518호]
The state-sponsored Korean Educational Development Institute (KEDI) announced the number of students per teacher dropped drastically to 18.7 at elementary schools last year from 47.5 in 1980. The numbers dropped also for the middle schools to 18.2 from 45
[517호]
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