Ruling People Power Party(PPP) chair Lee Jun-seok said the time has come for the comprehensive reform of party structure to garner more support from nontraditional support bases, such as young people and women.At a monthly meeting of the party secretar…
The main opposition Democratic Party’s(DP) emergency steering committee officially launched on Monday, with a visit to pay respects at the Seoul National Cemetery.The committee, led by four-time lawmaker Woo Sang-ho, also held its inaugural meeting to …
President Yoon Suk Yeol has appointed his nominee for tax policy chief without a parliamentary confirmation hearing amid protracted bipartisan negotiations on the parliament’s leadership and committee formation for the second half of the 21st National …
President Yoon Suk Yeol has held his first official weekly meeting with recently appointed Prime Minister Han Duck-soo.In a meeting that ran for nearly 2 hours and 30 minutes on Monday, Yoon emphasized that regulation reforms were essential to national…
SEOUL– President Yoon Suk-yeol appointed the new chief of the National Tax Service (NTS) on Monday after the National Assembly failed to hold a confirmation hearing for the nominee.Kim Chang-ki, a longtime tax official, was nominated last month to hea…
Exports dropped nearly 13 percent on-year in the first ten days of June due to fewer working days.According to tentative data from the Korea Customs Service on Monday, the country’s outbound shipments stood at 15-point-07 billion U.S. dollars in the ci…
The government will raise natural gas prices for households and for commercial use from July as planned, raising concerns inflation will further accelerate in the nation. The Ministry of Trade, Industry and Energy and the Korea Gas Corporation said on …
Prosecutors sought an arrest warrant for former industry and energy minister Paik Un-gyu in relation to allegations that he forced the heads of several energy-related state firms to step down when he helmed the ministry.The Seoul Eastern District Prose…