The Korea Herald

[News Focus] Korea ranked 28th among 36 OECD members in employment

Social affairsSept 10, 2019

SEJONG -- The government is claiming that the nation’s index on employment has improved, compared to past months. But the situation is still bleak when it comes to the comparison with the 36 members...
[News Focus] Seoul apartment prices keep skyrocketing since 2017

EconomySept 9, 2019

SEJONG -- A large portion of online commenters say that the Moon Jae-in government should be held accountable for letting housing prices spiral out of control since taking office in May 2017. A vari...
[News Focus] Koreans 5 years older, on average, than a decade ago

Social affairsSept 8, 2019

SEJONG -- South Korea has become one of several countries undergoing rapid demographic changes that could dent the nation’s competitiveness in the mid- to long term. With fewer babies being born, se...
[News Focus] Support-rating gap between rival parties narrows

PoliticsSept 3, 2019

SEJONG -- The 2020 general election for South Korea’s next National Assembly is coming in about 200 days. A core issue is whether the ruling Democratic Party of Korea will continue to secure its dom...
[News Focus] Concerns grow over prospects for economy

EconomySept 1, 2019

SEJONG -- Nearly half of South Koreans responded that their economic situation had worsened since President Moon Jae-in took office in May 2017, a poll showed. According to the survey by the Opinion...
[News Focus] Kospi loses more than 100 points in a month

EconomyAug 29, 2019

SEJONG -- Stock prices on the nation’s first-tier bourse have been on a bearish run amid the trade war between South and Japan that began late last month. The Kospi has stayed under 2,000 points for...
[News Focus] Moon’s 40% support faces risks amid Cho Kuk scandals

PoliticsAug 27, 2019

SEJONG -- The people’s disappointment and fury toward Cho Kuk, a confidant of President Moon Jae-in, is negatively affecting support for Moon, recent polls showed. Some analysts raised the possibili...
[News Focus] Young jobless Koreans de facto exceed 1 million

Social affairsAug 26, 2019

SEJONG -- South Korea’s unemployment rate for people aged between 15 and 29 posted 9.8 percent in July, a government release showed. This might indicate that 9 out of every 10 young Koreans are empl...
[News Focus] Korea marks 20th anniversary of FTA talks across globe

EconomyAug 22, 2019

SEJONG -- It has been two decades since South Korea took its first steps into the free trade market, seeking bilateral deals with major world economies in hopes of enjoying tariff benefits. Since la...
[News Focus] Moon to pass halfway point with challenges at home and abroad

PoliticsAug 20, 2019

SEJONG -- President Moon Jae-in will pass the halfway point in November, finishing the first 30 months of his 60-month term. The Moon administration launched in May 2017, several months after a poli...
[News Focus] Korea keen on investment in ocean cruise harbors

IndustryAug 18, 2019

SEJONG -- South Korea has five international cruise terminals -- two in Jeju, one in Busan, one in Sokcho and one in Incheon. With the Ministry of Oceans and Fisheries focusing on the development of...
[News Focus] Single-person households on the rise in S. Korea

Social affairsAug 15, 2019

SEJONG -- Ten years ago in July 2009, the number of single-person households was 6.08 million in South Korea, which took up 31.7 percent of the total households. Compared to a mild increase in the n...
[News Focus] Uncertainty mounts over Korean food fair in Japan

EconomyAug 13, 2019

SEJONG -- South Korea’s annual food fairs across the globe have drawn wide attention from overseas buyers and consumers over the past few years. This year, the “K-food Fair,” which is organized by t...
[News Focus] Showdown for 21st Assembly to start on threshold of fall

PoliticsAug 12, 2019

SEJONG -- South Korea’s political parties will de facto enter campaign mode after the Chuseok holiday in the second week of September. The general election for the 21st National Assembly is coming u...
[News Focus] Population slides in 5 major cities in Korea

Social affairsAug 11, 2019

SEJONG -- The demographic structure is rapidly changing in South Korea, reversing from the situation in the 1970-80s, when more people relocated to Seoul or metropolitan cities such as Busan, Daegu a...