(Bloomberg) In May 2019, the Mississippi River dumped a daily average of more than 5,000 metric tons of nitrate and 800 metric tons of phosphorous into the…
State-run companies suffered W600 billion in net losses in 2020 (US$1=W1,113).
According to government data announced on Sunday, the combined net profits of state-run companies has fallen steadily since 2016 and shifted into the red last year. Of the country s 36 state enterprises, 18 or half lost money.
In addition to KORAIL and Korea Coal Corporation, which have suffered losses for the last five years, 11 others posted losses, including the Korea Racing Authority, Incheon International Airport Corporation and Korea Airports Corporation due to the coronavirus pandemic. Korea Gas, Korea Western Power and other energy companies also lost money due to a decline in global oil prices, the government said.
New Seoul mayor may seek to reverse predecessor s policies
Posted : 2021-04-07 23:26
Updated : 2021-04-08 05:31 Oh Se-hoon, third from right, the Seoul mayoral candidate of the main opposition People Power Party, bumps fists with a party member at party headquarters on Seoul s Yeouido, Wednesday, before an exit poll was announced. Oh gained 59 percent in the preliminary exit poll jointly released by three broadcasters. Yonhap
By Bahk Eun-ji
Oh Se-hoon of the conservative main opposition People Power Party (PPP), who again became Seoul mayor following Wednesday s by-election, is expected to revive some of the signature policies he pursued previously while serving as mayor of the capital between 2006 and 2011.
Korean language schools in Incheon shut doors as pandemic limits foreign student access
Posted : 2021-03-15 15:48
Updated : 2021-03-16 09:11
In this photo from Jan. 4, 2019, students take part in a Korean essay composition competition hosted by Yonsei University s Korean language school at the school s Sinchon campus in Seoul. Korea Times file
By Ko Dong-hwan
An increasing number of Korean language schools in Incheon are closing as social distancing rules for the COVID-19 pandemic have deterred people from taking classes.
The dip in student enrollments comes as schools across the country ceased outdoor activities teaching Korean culture and traditions and shifted all lessons online to comply with the government s measures aimed at coping with the deadly disease.