The Korea Herald
The Seoul city government will spend 6.7 trillion won ($4.9 billion) from 2025 to 2026 to financially help residents raise children, city officials said Tuesday. The city government said it was expanding an existing childbirth encouragement project launched in February as part of efforts to increase the country's low birth rate.
[Graphic News] Cancer leads causes of death in S. Korea
Cancer remained the leading cause of death among South Koreans last year, according to data from Statistics Korea. A total of 352,511 deaths were recorded in 2023, a decrease of 5.5 percent from the previous year, marking a decline after three years of increases. The decline in the total number of deaths is partly attributed to the country’s COVID-19 measures.
Korea on alert over reshaped global economy during Trump's 2nd …
1 day ago · The export-reliant Korean economy is bracing for Donald Trump’s return to the White House, with the energy and high-tech sectors here expected to bear the brunt of the US policy shift centered on his trade protectionism and the rollback of Joe Biden's green energy push. Korea’s Finance Minister Choi Sang-mok said on Thursday he expected considerable changes in external economic conditions ...
[Graphic News] S. Korea’s COVID-19 hospitalizations surge in July
The number of COVID-19 hospitalizations in South Korea saw a significant rise last month, according to the Korea Disease Control and Prevention Agency. Hospitalizations increased from 63 in the fourth week of June to 91 in the first week of July, 145 in the second week and 225 in the third week. This surge comes despite the country lowering its COVID-19 …
South Korea, China to open channel on security, resume FTA talks
May 26, 2024 · South Korea and China have agreed to create a communication channel for diplomacy and security and resume negotiations on an expanded free trade agreement, the Yoon Suk Yeol presidential office said Sunday. The two sides have decided to “establish a new high-level dialogue on diplomacy and security, with the first meeting to take place mid-June” and to “open up our markets beyond the ...
Market uncertain on Korea's October rate cut despite slowed …
Oct 4, 2024 · Despite clear signs of slowing inflation, market sentiment remains mixed regarding whether South Korea's central bank will follow the US Federal Reserve to pivot toward lowering rates this month. Statistics Korea reported that the consumer price index — a key measure of inflation — rose 1.6 percent on-year in September, down from 2 percent in August, marking the lowest level since February ...
Kim Hee-sun wins Daesan Award with dystopian take on post …
3 days ago · Novelist Kim Hee-sun won the fiction category of the Daesan Literary Awards on Tuesday for her latest novel "All About 247,” a thought-provoking work that explores a post-pandemic society shaped by the aftermath of COVID-19. Set in near-future Korea, after the pandemic, society has built systems to prevent large-scale outbreaks. A global Disease Control Center now coordinates efforts ...
S. Korea to chair first UN Security Council meeting with focus on …
Apr 4, 2024 · South Korea is poised to chair a UN Security Council meeting on cybersecurity on Thursday to shed light on the repercussions of cyber threats and malicious cyber activities, including North Korea's sanctions-busting maneuvers in cyberspace, on international peace and security. The chairing of South Korea's first Arria-formula meeting — an informal gathering convened by a Security Council ...
[Herald Interview] Innovation, people key to Korea's energy …
Published : Oct. 9, 2024 - 15:26. ABB Chief Operating Officer Karen Bomber poses during an interview with The Korea Herald at the company's Korea office in southern Seoul on Tuesday. (Kim Hae-yeon/ The Korea Herald) As South Korea moves to achieve its renewable energy goals by 2050, strategic partnerships and innovative technologies will be ...
Korea declares full-fledged war to combat low birth rate
Jun 19, 2024 · President Yoon Suk Yeol declared a "national emergency on population" Wednesday, rolling out measures to expand cash support for newborn babies and reverse the declining birth rate trend. "The population crisis caused by extremely low birth rates is the foremost and critical issue for South Korea," Yoon said, adding that the rapid population decline has now become a matter "prompting concerns...