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1.President Yoon Suk Yeol said Thursday that the government will pursue gradually increasing the pension premiums for the younger generation and the middle-aged generation at a different pace, as well as introduce mechanisms to enhance the pension system's financial stability.
2.South Korea's Constitutional Court ruled on Thursday that the government's failure to set greenhouse gas reduction targets beyond 2031 is unconstitutional, marking Asia's first decision recognizing inadequate climate action as a violation of citizens' rights.
3.South Korea and the United States on Thursday wrapped up the annual Ulchi Freedom Shield exercise after its 11-day run, as the allies sought to bolster their joint defense readiness against evolving North Korean military threats.
1.The National Assembly on Wednesday passed several bills aimed to improve people’s livelihoods, marking the first time the rival parties showed bipartisan support in advancing legislation since the 22nd Assembly started its four-year term in late May. Among the bills passed was a nursing act that calls for nurses to play greater roles.
2.The Finance Ministry announced Wednesday that the government will supply a record amount of 170-thousand tons of high-demand foodstuffs and provide a discount worth 70 billion won, or roughly 52 million U.S. dollars, for the upcoming Chuseok holiday.
3.The Korean National Police Agency said Tuesday that it will start an intensive seven-month crackdown against deepfake sex crimes starting Wednesday, as the number of cases increased in recent years.
1.President Yoon Suk Yeol pledged on Tuesday to uphold fiscal soundness in next year’s budget proposal while prioritizing the welfare of vulnerable groups and fostering economic growth. President Yoon presided over a Cabinet meeting to approve the government's 2025 budget proposal of 677-point-four trillion won, or about 509 billion U.S. dollars.
2.Rival political parties are reportedly in talks about a bill that would clarify the roles and responsibilities of physician assistants, and may conduct an emergency review of the legislation before putting it to a vote at Wednesday’s plenary session, as health care workers plan to go on strike Thursday.
3.Westinghouse Electric Company, a U.S. nuclear energy firm, on Monday said it has filed an appeal with the Czech Anti-Monopoly Office against the selection of Korea Hydro & Nuclear Power as the preferred bidder for a nuclear power plant project, claiming its intellectual property rights.
1.The government plans to provide over 40 trillion won, or around 30 billion U.S. dollars, in financial support to small and medium-sized enterprises, and micro business owners as part of measures to support them ahead of the Chuseok holiday.
2.The presidential office said that it is in consultation with Japan regarding a possible visit by Japanese Prime Minister Fumio Kishida to South Korea, amid Japanese media reports that Kishida will visit Seoul early next month for a summit with President Yoon Suk Yeol.
3.Hezbollah launched hundreds of rockets and drones at Israel early on Sunday, as Israel's military said it struck Lebanon with around 100 jets to thwart a larger attack.
1.Japan's Tokyo Electric Power Company on Thursday suspended preparation work for the test removal of nuclear fuel debris from the crippled Fukushima Daiichi nuclear power plant, due to a technical error, and it is unclear when the work may resume.
2.Prime Minister Han Duck-soo said Thursday that South Korea will push to expand free trade agreements with emerging markets in Asia and Africa to boost the export-driven economy and enhance supply chain resilience.
3.The police have formed a probe team and launched investigations into the deadly fire at a hotel in Bucheon, which killed seven people and injured 12 others on Thursday. The Gyeonggi Nambu Provincial Police said on Friday that it set up an 84-member team for the task.
1.South Korea's central bank froze its key rate at 3.5% for the 13th straight session on Thursday as household debts continue to increase and inflation keeps slowing down.
2.Second Vice Health Minister Park Min-soo announced Thursday during a briefing that the government will redirect mild medical cases to local hospitals to reduce gaps in critical care, raise emergency room fees, and strengthen support for medical staff.
3.President Yoon Suk Yeol warned Wednesday that North Korea would face the “end of its regime” should it attempt to invade South Korea. President Yoon made the remark during his visit to the Ground Operations Command in Yongin, where he received briefings on the Ulchi Freedom Shield. `
1.The finance ministry said Wednesday it will extend the tax cut on fuel for automobiles by another two months until the end of October amid heightened tensions in the Middle East.
2.The chief of the Korea Disease Control and Prevention Agency said Wednesday that health authorities plan to focus on treating COVID-19 in high-risk patients, as this year's summer wave is expected to peak by the end of this month.
3.A nationwide civil defense drill will be conducted for 20 minutes starting at 2 p.m. on August 22nd. After the siren sounds, residents must evacuate to the nearest civil defense shelter. The drill is being carried out to strengthen the public's ability to respond in situations such as missile attacks.
1.The Joint Chiefs of Staff confirmed that a North Korean soldier crossed the border into South Korea early Tuesday. The South Korean military detected the soldier from north of the Military Demarcation Line within the Demilitarized Zone in the eastern section of the border and conducted an operation to help him arrive in the South.
2.During a policy consultation meeting regarding next year’s government budget on Tuesday, the government and the ruling party agreed to increase the distribution of EV chargers with fire prevention functions to 90,000 units in response to the recent surge in EV fires.
3.The U.S. Democratic Party reaffirmed its commitment to its allies in the new party platform released on Sunday, ahead of the November presidential election. The platform stressed that the U.S. has and will stand by its allies, especially South Korea, against North Korea's provocations.
1.South Korea’s Joint Chiefs of Staff said Monday that the annual Ulchi Freedom Shield Exercise began Monday and will be held until the 29th with increased field training to enhance South Korea’s and the U.S.’ joint defense posture against North Korea.
2.Lee Jae-myung won his second term as the leader of the main opposition Democratic Party with a record-high vote share of over 85 percent at a national convention on Sunday.
3.The Korea Meteorological Administration said Monday that Typhoon Jongdari{종다리} is currently moving northward toward the west of the Korean Peninsula, and will reach waters off the western city of Seosan on Wednesday.
1.The Ministry of Economy and Finance on Friday made an assessment in the Green Book, its monthly economic report, that the South Korean economy continues to show signs of improving domestic demand for four straight months, with consumer prices maintaining a stable trend.
2.The Korea Meteorological Agency reported that Seoul experienced its 26th consecutive tropical night on Friday, marking the longest streak of overnight temperatures remaining above 25 degrees celsius in 118 years.
3.South Korea's defense authorities on Friday approved a plan to reduce Indonesia's contribution to a joint fighter jet development project to 600 billion won, or approximately 440 million U.S. dollars, from the original amount of 1.6 trillion won.
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