Intensive probe launched into South Korea’s liquor prices amid inflation woes
With prices of beer products expected to go up following a tax hike in April, the local liquor industry is widely expected to raise the prices of soju as well.
With prices of beer products expected to go up following a tax hike in April, the local liquor industry is widely expected to raise the prices of soju as well.
Former prosecutor Chung Sun-sin resigned hours after his appointment, as criticism built up over his son's verbal abuse of his classmate five years ago.
On average, the annual income of the top 1 per cent was tallied at 470 million won, 17.7 times that of median income earners.
The move comes months after Jin, the oldest BTS member, first joined the Army, and in line with the announcement that all members of the boy band plan to fulfil their military…
Bank of Korea governor Rhee Chang-yong stressed the decision was based on fading inflation, at a press conference held after a rate-setting meeting.
He vowed to support the expansion of exports in 12 sectors, including nuclear power, agriculture, fishery products, content and biotech.
The goal to achieve 137 trillion won in exports of content by 2027 will be achieved by supporting the overseas expansion of small and medium-sized content companies.
“The purpose of our team is to make art and culture more accessible online and that includes history", said Simon Rein, senior program manager.
The escalation of tensions is a very problematic development in that it is a serious obstacle to peace and prosperity on the peninsula and the countries around Northeast Asia.
However, they will still have to submit negative Covid-19 testing results and register themselves on Korea's quarantine information pre-entry system.