Saturday, April 20, 2024

Foreign direct investment exceeds USD 20 billion

Korea hit a new record high in foreign direct investment (FDI) last year, according to a report released on Jan. 3 by the Ministry of Trade, Industry and Energy. In 2016, total FDI into Korea reached USD 21.3 billion, a figure 1.9 percent higher than...

Korea-Uzbekistan ties get stronger: acting president

Acting President Hwang Kyo-ahn talks to Uzbekistani President Shavkat Mirziyoyev over the phone in his office on Jan. 5. Acting President Hwang Kyo-ahn spoke over the phone with his Uzbekistani counterpart, President Shavkat Mirziyoyev, on Jan. 5. During the 30-minute telephone conversation, the acting president...

Gov’t to focus on job creation, livelihood stabilization

This year, more than 60,000 jobs will be created in the public sector. In addition to this, a total of KRW 17 trillion will be injected into 12 selected new industries. Various measures will be introduced to enhance the convenience and safety of public transport, such...

Foreign minister reaffirms ‘unwavering Korea-US ties’

Minister of Foreign Affairs Yun Byung-se (second from left) poses for a commemorative photo with a delegation from The Washington Times on Jan. 4 in Seoul. “Seoul and Washington should coordinate more closely to deter North Korea’s attempts to engage in strategic provocations.” Minister of Foreign...

World eyes 1st-ever braille smartwatch

Checking the time, finding a mobile phone or reading a text message. All these are easy things to do for many people, but it can cause difficulties for those who are visually impaired. Many people enjoy information and communications technology (ICT) and share information around the...

Trail info goes online

Information about 33,000 kilometers of mountain trails released by the Korea Forest Service includes geographic coordinates, information about trailheads and trail access, length of the trail, approximate hiking time and level of difficulty. For safety purposes, it also lists the location of position markers,...

Heyri Art Valley, home to the arts

Northwest of the capital city, nestled between two mountains in Paju, Gyeonggi-do Province, sits a special village devoted to the cultivation of the arts. The Heyri Art Valley was founded in 1998 by a group of like-minded artists who wanted create a specialized community where...

Exhibition to celebrate the year of red rooster

The year of monkey has past and the year of rooster has come. The National Folk Museum of Korea organized special exhibition “Rooster – Greet the Dawn” that displays drawings, craftworks and household items related to chicken and introduces relevant legends, proverbs and important...

New policies for 2017

The Ministry of Strategy and Finance has published a booklet about new, in-coming policies that will be applied in 2017. The booklet introduces a total of 242 new policies that are scheduled to be introduced across many sectors, including health and welfare, employment and...

Tongyeong, city of everlasting joy

Korea.net Honorary Reporters visit the 99-step stairway at Seopirang Village in Tongyeong, Gyeongsangnam-do Province, on Dec. 27. Seopirang Village is decorated with quotes from the late novelist Pak Kyongni (박경리) (1926-2008), and music by the late composer Yun Isang (윤이상) (1917-1995) is played over...

A new express train to carry passengers to PyeongChang Olympic Games

Secretary General Yeo Hyung-koo (left) of the Organizing Committee for the PyeongChang 2018 Winter Olympic Games and KORAIL President Hong Soon-man sign a memorandum of understanding on Dec. 28 for cooperation to host the Olympic Games successfully. Athletes of the PyeongChang 2018 Winter Olympic Games...

Korea invests in ‘hologram’ technology

Korean experts and enterprises have invested heavily over the past four years in developing patent technologies in hologram, a field which has been dominated by overseas inventors. Pictured is a group of people watching a hologram of the ‘Gangnam Style’ music video by Psy. Korea...

Sharing with the world, part 6: e-People

The Korean government has been concentrating on establishing e-government services since 1987, when it enacted laws in order to provide high-quality government services to citizens in a more convenient manner. Thanks to such ongoing efforts, Korea’s e-government systems are now being praised all around...

Greeting 2017’s first sunrise with seaside festivities

In Korean, Songgu Yeongsin (송구영신, 送舊迎新) is an age-old saying which means "time to let go of the old year, and turn over a new leaf." It may be hard to believe, but the year of the rooster (정유년, 丁酉年) is now only a few...

Treasures discovered in Tongyeong

“Wonderful life at sea.” “Tranquility.” “Breathtaking landscape.” This is how the 2017 Korea.net Honorary Reporters described Tongyeong in Gyeongsangnam-do Province. Early in the morning on Dec. 27, a group of 11 honorary reporters hopped onto a bus bound for the port city. They are among the...

Tomb of Joseon princess discovered

The original burial site of Princess Hwahyeop, daughter of 21st Joseon monarch King Yeongjo, was rediscovered in August 2015 in Sampae-dong, Namyangju, Gyeonggi-do Province. The letters carved on stone blocks placed on the right side of the tomb, prove that it belongs to the...

Korea, Macau kick off automated immigration clearance services

Starting from Dec. 28, Korean nationals will be able to make use of automated clearance services (pictured) when visiting Macau. The same applies to tourists from Macau visiting Korea. The immigration and customs process between Korea and Macau is about to become more convenient, thanks...

Museum storage evolves from preserving to opening

The National Folk Museum of Korea will build an open storage and information center in Paju, Gyeonggi-do Province, by 2020. Unlike existing museum storage, the new structure will be an open space for information where visitors can access exhibits, information, education and enjoy other...

Guidebook of plant names is published online

A book that provides accurate scientific and Korean names for foreign and indigenous plants cultivated in Korea has been published for use by the public. On Dec. 26, the Korea National Arboretum released the "Standard Checklist of Cultivated Plants in Korea," a plant guidebook that...

Korea, China pursue mutual recognition of certification for electronic goods

Korea and China will see more electric and electronic products from Chinese and Korean brands entering their respective market next year. Korean manufacturers have so far been required to obtain the China Compulsory Certification (CCC), before they are able to export and sell their goods...

Latest