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South Korean activists demand arms embargo on Israel

South Koreas growing weapons trade with Israel has raised concerns, particularly given Israels alleged genocide in Gaza, with South Korea having sold over $1 billion worth of weapons to Israel in recent years. ....

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Aboriginal Australians call on Seoul to stop funding gas project near their islands

A group of Aboriginal Australians called on South Korea to withhold its loan support to a major Korean company participating in the consortium for a massive offshore gas project in the Timor Sea. In a press conference held in Seoul on Tuesday, they called out for the Korean government’s help in preserving their cultural and spiritual heritage which they say are under threat from the Barossa gas field project. &. ....

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Yoon proposes abandoning investor income tax plan

President Yoon Suk Yeol on Tuesday proposed to withdraw South Korea's plan to introduce a net investment income tax scheme beginning in 2025. This came about a year after plans to impose the "financial investment income tax" on investors had been deferred for two years, meaning the new tax rule would go into effect in January next year. The rule, under the revision of the Income Tax Act, was initially . ....

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