korean highway thumbnail

The Korean highway toll gate payment system has revolutionized the way tolls are collected on the country’s extensive highway network. With innovative technologies and efficient payment methods, the system ensures seamless and convenient toll payment experiences for both local residents and international visitors. In this article, we will explore the various aspects of the Korean … Read more

[INTERVIEW] Gov’t to bolster growth of strong exporters via public procurement system

Public Procurement Service (PPS) Administrator Lim Ki-keun / Courtesy of PPS Korea Public Procurement Expo 2024 to showcase high-tech, cutting-edge products By Lee Kyung-min The government will create an ecosystem whereby promising export firms are able to fortify cooperation with their foreign counterparts, in a demand-oriented market service established to generate stable robust growth of … Read more

Stoke City midfielder Bae Jun-ho dropped from Korean squad for Olympic qualifiers

Bae Jun-ho of Team K League, center, dribbles the ball against Gambia at the FIFA U-20 World Cup at Estadio Malvinas Argentinas in Mendoza, Argentina in this May 29, 2023 file photo. AP-Yonhap Stoke City midfielder Bae Jun-ho will not be able to compete for Korea at the upcoming Olympic men’s football qualifying tournament due … Read more

Pyongyang and Beijing pledge strong and friendly ties, says KCNA

China’s top legislator, Zhao Leji, left, meeting with Choe Ryong-hae, right, chairman of the Standing Committee of the Supreme People’s Assembly in Pyongyang, April 11, is seen in this photo carried by North Korea’s official Korean Central News Agency the following day. Yonhap High-ranking officials from North Korea and China attended the opening ceremony of … Read more

Between US and a hard place, Germany’s Scholz ‘re-engages’ with China

German Chancellor Olaf Scholz walks in front of soldiers at the defense ministry on the occasion of the final muster of the German Bundeswehr to honor the Mali mission in Berlin, Germany, April 11. EPA-Yonhap Last year Germany launched a strategy to “de-risk” from China, but on Saturday Chancellor Olaf Scholz starts a high-stakes visit … Read more

Strong dollar prompts Korean automakers to sell more cars abroad amid sluggish domestic sales

By Lee Min-hyung Carmakers here endeavor to boost exports to maximize their profitability from the strengthening dollar against the local currency, in a strategic move to offset falling domestic sales and slowing demand for electric vehicles (EV), according to data and company officials, Thursday. The export-driven growth strategy appears inevitable for most Korean manufacturers whose … Read more

Korea’s Prime Minister vows government will ‘humbly’ accept parliamentary election results

Prime Minister Han Duck-soo speaks during a Cabinet meeting held at Government Complex Seoul, April 11. Yonhap Prime Minister Han Duck-soo said Thursday the government will “humbly” accept the results of the parliamentary elections and more actively cooperate with the opposition-controlled National Assembly. Han made the remark as the main opposition Democratic Party of Korea … Read more

US consumer prices heat up in March; seen delaying Fed rate cut

A woman shops at a Walmart store in North Reading, Massachusetts, U.S., March 15. EPA-Yonhap U.S. consumer prices increased more than expected in March as Americans continued to pay more for gasoline and rental housing, leading financial markets to anticipate that the Federal Reserve would delay cutting interest rates until September. The third straight month … Read more

China’s Xi says nobody can stop ‘family reunion’ with Taiwan

In this image taken from video by Taiwan’s TVBS, Chinese President Xi Jinping at right meets with former Taiwanese President Ma Ying-jeou in Beijing, April 10, in a bid to promote unification between the sides that separated amid civil war in 1949. AP-Yonhap Chinese President Xi Jinping told former Taiwan President Ma Ying-jeou on Wednesday … Read more