SEOUL– President Moon Jae-in said Wednesday that South Korea will expand its use of renewable energy as the nation vows to go carbon neutral by 2050. Moon made the remarks as he visited a floating solar power-generating facility inside Hapcheon Dam in Hapcheon, about 350 kilometers south of Seoul. “Carbon neutrality becomes an … Read more
SEOUL– South Korea said Wednesday it plans to more than double the ceiling on the country’s low-interest rate loans to Indonesia over the next five years in a bid to strengthen bilateral cooperation. Under the agreement between the two nations, the Economic Development Cooperation Fund (EDCF) will be expanded to US$1.5 billion in 2022-2026 … Read more
SEOUL– The South Korean baseball club Kia Tigers announced Wednesday they’ve hired former Kiwoom Heroes skipper Jang Jung-suk as their new general manager. Financial terms of Jang’s deal were not disclosed. Jang, 48, managed the Heroes from 2016 to 2019, and they were runners-up to the Doosan Bears in the 2019 Korean Series. … Read more
SEOUL– Duk San Neolux Co.on Wednesday announced that it will sell stocks to raise 45 billion won (US$37.9 million). The proceeds from the stock offering will be used primarily to finance its facilities. According to a regulatory filing, the company will issue 821,167 common shares at a price of 54,800 won per share. The … Read more
SEOUL– South Korea plans to increase its stockpile of rare metals and expand the list of such items for strategic reserves, the country’s finance minister said Wednesday. The move aimed at ensuring stable supply of such materials came in the wake of a recent supply shortage of aqueous urea solution, a key additive for … Read more
SEOUL– South Korea has recovered dozens of bone fragments presumed to be of troops killed in the 1950-53 Korean War during excavation work on a former battle site, the defense ministry said Wednesday. The military completed its excavation project in White Horse Ridge located inside the Demilitarized Zone (DMZ) separating the two Koreas. … Read more
SEOUL– Police on Wednesday disclosed the identity of a man accused of killing his ex-girlfriend with a knife at her studio apartment in central Seoul last week. The Seoul Metropolitan Police Agency identified the suspect as 35-year-old Kim Byung-chan and disclosed a photo of his face and other personal information following a police committee’s … Read more
SEOUL– Lisa, a member of top South Korean girl group BLACKPINK, tested positive for COVID-19 on Wednesday, its agency said. YG Entertainment said Rose, Jennie and Jisoo of the four-member K-pop band were waiting for their polymerase chain reaction (PCR) test results though they did not come in close contact with Lisa The … Read more