President Moon announces plans for financial innovation
President Moon Jae-in on March 21 chats with bankers at the Seoul headquarters of Industrial Bank of Korea ahead of his announcement on regulatory innovation for internet-only banks.
By Park Gil-ja and Lee Hana
Photos = Cheong Wa Dae
President Moon Jae-in on March 21 announced his vision for innovating...
BOK reaffirms 4% growth outlook citing exports, consumption rebound
Bank of Korea Deputy Gov. Lee Hwanseok on Nov. 25 speaks at a presentation on economic forecasts at the bank's headquarters in Seoul's Jung-gu District. (Screen capture from bank's website)
By Kim Hyelin and Lee Jihae
The Bank of Korea has maintained its forecast for economic growth this year at 4%, a prediction it made in August.
In its...
Preliminaries of Korean speaking-writing contest to end by late July
The King Sejong Institute Foundation through late July will hold the preliminaries of this year's Korean Speaking and Writing Contest. Shown is a scene from the competition on Oct. 7, 2019, at the National Museum of Korea in Seoul's Yongsan-gu District, with the event held online both in 2020 and last year due...
Countdown to PyeongChang Opening Ceremony
By Korea.net PyeongChang Olympics Team
Video = Kim Sunjoo
Photos = Jeon Han
Pyeongchang | Feb. 9, 2018
The much-anticipated PyeongChang 2018 Olympic Winter Games Opening Ceremony has officially begun.
On Feb. 9, the streets leading up to PyeongChang’s Olympic Stadium were buzzing with incredible energy. Despite the frosty temperatures, athletes and...
President showed sales diplomacy, boosted supply network during trip
President Yoon Suk Yeol (second from left) on Sept. 21 talks with U.S. President Joe Biden (left) after attending the Global Fund’s Seventh Replenishment Conference in New York.
President showed sales diplomacy, boosted supply network during trip
By Park Hye Ri
Photos = Office of the 20th...
Festivals mark 200 days to PyeongChang
On July 22, a great fireworks show lights up the skies above Chuncheon in Gangwon-do Province to mark 200 days until next February’s PyeongChang 2018 Olympic and Paralympic Winter Games.
By Kim Ji Hoe and Sohn JiAe
Photos = Ministry of Culture, Sports and Tourism
The words “PyeongChang 2018 G-200”...
Forbes names 5 must-visit cherry blossom spots in Korea
The U.S. business magazine Forbes has selected five must-visit cherry blossom spots in Korea for this year. Pictured is one of the five, Gyeonghwa Station Cherry Blossom Street, in Jinhae-gu District of Changwon, Gyeongsangnam-do Province. (Changwon City Hall)
President Moon holds summit with Slovenian counterpart
President Moon Jae-in (right) shakes hands with Slovenian President Borut Pahor prior to a summit at Cheong Wa Dae on Feb. 20. (Cheong Wa Dae)
By Sohn JiAe
President Moon Jae-in met with his Slovenian counterpart Borut Pahor, on a state visit to attend the ongoing PyeongChang...
Korean relics displayed at Saudi Arabia’s National Museum of Riyadh
The exhibition “The Enchanting Journey to Korean Civilization” is being held at the National Museum of Riyadh in Saudi Arabia through March 7, 2019.
By Kim Eun-young and Kim Young Shin
Photos = National Museum of Korea
Relics representing Korea’s rich history and heritage from 700,000 years ago through 1910...
Government 3.0 promotes openness, sharing, communication, cooperation
The Government 3.0 Expo kicked off on June 20 at the COEX convention center in Seoul, giving a glimpse into the present and future of the Korean government's online services.
The continuing progress being made by Government 3.0, a Korean government initiative aimed at bringing...
Seoul, Berlin can play bigger roles in G20
German Ambassador to Korea Stephan Auer emphasizes the potential growth of Korea-Germany cooperation, during an interview with Korea.net in Seoul on June 21.
By Yoon Sojung and Min Yea-Ji
Photos = Jeon Han
Seoul | June 21, 2017
“People-to-people exchanges were the foundation that led to the development of Korea-Germany relations.”
So said...
Korean kitchenware goes local to win success
Poong Nyun’s diamond-coated frying pans are 26 centimeters in diameter, the ideal size to make naan. This product has won favorable responses from Indian customers.
Korean kitchenware has recently been winning popularity in markets around the world. This is thanks to companies' efforts to customize...
Publishers discuss new definition of ‘book’ at Seoul book fair
Visitors to the 2018 Seoul International Book Fair look around the books on display at the COEX convention center in Seoul on June 20.
By Xu Aiying and Kim Young Shin
Photos = Ministry of Culture, Sports and Tourism
Seoul | June 20, 2018
"We want to publish more top-notch literary...
Youth games Gwangju Universiade opens
The 2015 Gwangju Summer Universiade, a festival for student athletes from around the world, kicked off in Gwangju on July 3.
Over 13,000 athletes from 146 countries are participating in the 28th Summer Universiade, competing for 272 gold medals in 21 disciplines.
A welcoming ceremony is...
KCC events in June to feature films, books, music, food
The Korean Cultural Center in New York on June 29 will host a performance of gugak(traditional Korean music) called "Kokdu, a Story of Guardian Angels" at Alice Tully Hall of Lincoln Center. (Korean Cultural Center New York)
Since 1979, Korean Cultural Centers (KCCs) have promoted Korea...
KOICA leads Africa’s ICT education revolution from Rwanda
Rwandan Minister of State for Education Claudette Irere (second from left), Ambassador to Rwanda Jeong Woo Jin (third from left) and Kim Jin-Hwa, country director of the KOICA Rwanda Office (second from right), on June 19 take a...
President Moon orders strong, effective measures against NK
President Moon Jae-in presides over a National Security Council meeting at Cheong Wa Dae at 1 a.m. on July 29 following North Korea’s test launch of an intercontinental ballistic missile earlier that evening at 11:41 p.m.
By Sohn JiAe
Photos = Cheong Wa Dae
President Moon Jae-in called...
President vows to bolster cooperation with OECD
OECD Secretary-General Jose Angel Gurria (left) is greeted by President Park Geun-hye at Cheong Wa Dae on Oct. 26.
President Park Geun-hye exchanged opinions on how to boost cooperation between Korea and the Organisation for Economic Co-operation and Development (OECD) with OECD Secretary-General Jose Angel...
Treasures from ancient Chinese wreck on exhibit in Korea
An ancient trading ship called the Nan’ao No. 1 sank near Nan’ao Island off the coast of Guandong Province in southern China during the reign of the Ming Dynasty’s 13th emperor, Wanli (만력제, 萬曆帝) (r. 1572-1620).
The ill-fated vessel was carrying more than 26,000 goods...
Gov’t boosts this year’s growth forecast to 11-year high of 4.2%
Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki on June 28 speaks to a joint briefing on the government's economic policy for the second half of the year with relevant government agencies at Government Complex-Seoul. From left are Minister of SMEs and Startups...
