Lawmakers float bill to triple tax benefits for chipmakers
The new bill, unveiled on Aug 2, is designed to triple the tax incentives for chipmakers– an apparent move to encourage more investment from semiconductor players.
The Korea Herald
South Korea keeps watchful eye on Pelosi’s potential visit to Taiwan
While the South Korean ministry did not provide an official comment regarding Pelosi’s possible visit to Taiwan, the ministry said it still supports peace and stability in…
South Korea, Australia to discuss defense cooperation, Indo-Pacific strategy
The two defense chiefs will also exchange views on North Korea issues and discuss how to coordinate in enforcing sanctions on North Korea.
Prices keep surging amid growth woes
The trade deficit for Asia’s fourth-largest economy in the first half of this year reached $10.3 billion, the largest ever seen in the six-month period.
BTS can prepare for overseas concerts while serving in military
South Korea’s Defense Ministry said it was considering “alternative service” for the boy group.
S. Korea’s ruling party set for overhaul
The decision came after Representative Seong-dong – floor leader and acting party leader – offered to step down, setting off talks of a switch to an “emergency steering”…
S. Korea, US, Japan start Pacific Dragon ballistic missile defense drill this week
A total of five countries – South Korea, Australia, Canada, Japan, and the US – will participate in the multilateral exercise.
Backlash against lowering elementary school entry age intensifies
Educators slam S. Korean government's plans to gradually lower the enrollment age at elementary schools to 5 years old starting in 2025.
S. Korea’s new Covid-19 cases at 44,689; serious cases hit 2-month high
Figures on August 1 fell sharply from the previous day’s 73,589, mainly due to fewer tests but it is still larger than the 35,860 cases logged a week earlier.
Seoul offers free hiking gear rental as mountains lure foreign tourists
All the rental items are provided by the local outdoor brand Seoul Hiking Tourism Center and the official sponsor, Black Yak.