Apr 8, 2026 Eunyo Hwang en.sedaily.com In South Korea, a new partnership between major financial and construction firms signals a shift in how large-scale industrial projects may be funded and developed. Hana Financial Group announced on April 8 that it has entered a strategic agreement with GS Engineering & Construction to support emerging industries, particularly those tied to digital infrastructure. The collaboration reflects a broader effort to redirect capital toward sec

Apr 6, 2026 Doyoung Lim koreajoongangdaily.joins.com After the introduction of the new regulations on a pet-friendly restaurant system of allowing dogs and cats into restaurants, both the owners and customers are expressing confusion about the new regulations. Recently, a rapidly increasing number of customers accompanying their pets are more welcome in recent days. In recent months, as many owners demand “no-pet zones” due to complicated reasons and discomfort, the governmen

Apr 1, 2026 Dogeon Lim www.reuters.com Korean Air announced that it will enter an emergency management system starting in April as global oil prices continue to rise due to the Middle East conflict. The airline said the sharp increase in fuel costs is putting significant pressure on its financial plans for 2026. According to company officials, aviation fuel prices have increased far beyond earlier expectations, nearly doubling compared to initial forecasts. Because fuel expen

Mar 30, 2026 Doyoung Lim biz.chosun.com Major airlines are facing surging oil prices, and the strengthening dollar is a concern. This phenomenon is evident among low-cost carriers (LCCs), most of which have to manage additional earnings falling from unpredictable external uncertainties. Most LCCs reported operating losses last year on the prolonged devaluation of the Korean won against the dollar, leading them to raise ticket prices. Furthermore, most airlines are reducing fl

Mar 30, 2026 Eunyo Hwang fiveable.me Recently in South Korea, it was identified that the quality of life of senior citizens must be renovated to continue the nation’s development in the long run. People in their 60s are in full effort to contribute their manpower by being employed as laborers to combat the increasing rate of poverty, which is relatively higher than those of other age groups. A huge contributor to this professional opinion is rooted in the situation that the m

Mar 17, 2026 Eunyo Hwang biz.chosun.com In South Korea, fire departments, in efforts to ensure citizens’ welfare and safety, established a concrete proposal called ‘Secure of Golden Time for Firetruck Arrival, 2026.’ On 17 March, it was announced that their primary goal is to have an arrival time of 7 minutes less than 69.4% of all cases this year. According to the fire departments, it is identified that an arrival time less than 7 minutes was 69.3% out of all cases last year

Mar 9, 2026 Doyoung Lim www.koreaherald.com The Ministry of Justice will initiate the crackdown on foreigners who work illegally as delivery riders. The crackdown will be implemented for two months until April 30th, and the foreigners caught will face heavy fines and deportation. Nowadays, the cases of illegal workers working as delivery drivers residing in South Korea are increasing, and illegal cases like driving a motorcycle without a license are rising as social issues. A

Mar 4, 2026 Dogeon Lim en.yna.co.kr Around 21,000 South Korean nationals are currently staying in theMiddle East amid escalating tensions following U.S. and Israeli airstrikes on Iran, the official said on March 3rd, adding that the government and the foreign ministry have been in communication to secure the safe return of their citizens. The large number of South Korean nationals living in Middle Eastern countries is raising serious concerns Government officials are communic

Mar 3, 2026 Doyoung Lim www.koreanculture.org The 107th 3.1 Independence Movement anniversary (Samiljeol) was commemorated on Sunday, honoring the nationwide protests that started on March 1, 1919, against Japanese colonial rule. The movement was begun by leaders who, after 10 years of Japanese rule, drew up a Korean “Proclamation of Independence” and then organized a mass demonstration in Seoul for March 1, 1919. The 33 leaders hoped to bring international pressure on Japan

Jan 25, 2026 Seoyeon Kim cm.asiae.co.kr Venezuela secretly exported more than 100 tons of gold to Switzerland during the early years of President Nicolás Maduro’s rule as the country struggled to prevent a total economic collapse, according to newly released customs data and international investigations. Records from Swiss customs authorities show that between 2013 and 2016, Venezuela shipped approximately 113 to 127 metric tons of gold to Switzerland. The total value of the