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S. Korea's tax revenue falls W2.2tr on-year through March

South Korea's tax revenue fell 2.5 percent on-year during the first three months of 2024 due mainly to weak corporate performances, the finance ministry said Tuesday. The government collected 84.9 trillion won ($61.68 billion) in taxes this year through March, down 2.2 trillion won from a year earlier, according to the Ministry of Economy and Finance. The decline was due mainly to the fall in corporate taxes col...

South-korea , Ministry-of-economy , The-korea-herald , Orean-news , Oreaherald , Outh-korea-news , Outh-korea-news-in-english , Sia-news , K-pop , Pop , 더코리아헤럴드

Ex-pro baseball player who killed debtor appeals sentence

A former South Korean baseball player who beat his debtor to death with a baseball bat recently appealed the 15-year prison term he was sentenced by the court on Thursday, challenging the fairness of the punishment. The prosecution, which initially requested a 20-year prison term, also appealed the ruling, contending the punishment was too lenient. It said that given the brutal nature of the murder and the bereaved f...

South-korea , Hongseong-gun , South-korea-general- , Daejeon , Taejon-gwangyoksi , South-korean , Daejeon-district-court , Daejeon-district , South-chungcheong-province , The-korea-herald , Orean-news

City council member who proposed during assembly meeting to get married

Gwangyang City Council Member Park Chul-soo, who made headlines in March by publicly proposing to his girlfriend during a general assembly meeting, will get married next month. According to the council in Gwangyang, South Jeolla Province, the 46-year-old council member is set to tie the knot with 41-year-old city official Song Eun-seon on May 25 at a church in Gwangyang. Park, a member of the main opposition Democrat...

South-korea , Gwangyang , Cholla-namdo , Korea , Gwangyang-city-council-member-park-chul-soo , Democratic-party-of-korea , South-jeolla-province , Song-eun-seon , Democratic-party , The-korea-herald , Orean-news

Labor groups to hold Labor Day rallies nationwide

Labor groups, including the nation's two major umbrella unions, are set to hold large-scale rallies nationwide on Wednesday to commemorate Labor Day. The Korean Confederation of Trade Unions, the more contentious of the two major umbrella unions, plans to organize a rally, named "World Labor Day Convention" in the central district of Jongno in Seoul at 2 p.m. After gathering, the KCTU members plan to m...

Yongsan-gu , South-korea-general- , South-korea , Seoul , Soult-ukpyolsi , Korea , Yoon-suk-yeol , National-police-agency , Korean-confederation-of-trade-unions , World-labor-day-convention , Democratic-party , People-power-party

Hyundai Motor launches internship program for foreign students

Hyundai Motor Company announced Tuesday its commitment to cultivating global talent through a summer internship program designated for international students in Korea, fostering the company’s cultural inclusivity and global market presence. This marks the first time Hyundai Motor has openly recruited international students studying in Korea as interns. The flagship unit of Hyundai Motor Group, the world's ...

Indonesia , Vietnam , Republic-of , Philippines , Seoul , Soult-ukpyolsi , South-korea , Seongsu , Thailand , Hyundai-motor-group , Hyundai

Leaders of S. Korea, Angola agree to boost economic, trade cooperation

South Korean President Yoon Suk Yeol and his Angolan counterpart, President Joao Lourenco, agreed Tuesday to enhance economic and trade cooperation during their talks in Seoul, resulting in the signing of a strategic framework tailored to promote trade and investment. Lourenco became the second Angolan president to have visited South Korea, following Jose Eduardo dos Santos, who visited here in 2001. Korea and Angola...

Samho , Cholla-namdo , South-korea , Angola , Seoul , Soult-ukpyolsi , Sonangol , Kangwon-do , Korea , Angolan , South-korean , Hanwha-ocean

Rival parties lock horns over state pension reform plan

The rival parties clashed on Tuesday over the possibility of adopting a new state pension reform plan, which pushes for an increase in contributions for a bigger future benefit. The new pension reform plan is based on a survey conducted and released by the parliamentary special committee on pension reform on April 21. The survey, which involved 500 respondents across the country aged 18 or older, showed that 56 perce...

South-korea , Korea , Yun-chang-hyun , People-power-party-rep , National-pension-service , Democratic-party-of-korea , National-assembly , People-power-party , Democratic-party-rep , Democratic-party , Power-party

S. Korea ramps up parental education

The Ministry of Education unveiled measures Tuesday to strengthen support and education for parents, understanding that the capabilities of parents, who are in charge of educating children, should be reinforced for the healthy growth of students, according to officials. The fourth ministerial social affairs meeting introduced new comprehensive policies to offer parents more opportunities to participate in school acti...

Lee-ju , Ministry-of-education , Education-ministry , Deputy-prime-minister , Education-lee , The-korea-herald , Orean-news , Oreaherald , Outh-korea-news , Outh-korea-news-in-english , Sia-news

Medical profs at top hospitals suspend surgeries, clinics

Some medical professors at the country’s two major hospitals, Seoul National University Hospital and Severance Hospital, suspended surgeries and outpatient clinics on Tuesday for one day, as previously announced, in protest of the government’s plan to expand the number of new medical students by 2,000 a year. The main hall at SNUH’s Cancer Hospital was without medical staff Tuesday, while a number o...

South-korea , Seoul , Soult-ukpyolsi , Korea , Jung-eun-hye , Korea-university-hospital , Seoul-national-university-hospital , Yonsei-university , Asan-medical-center , University-of-ulsan-college-medicine , Severance-hospital

SKT to launch telecom-specific LLM in June

SK Telecom, Korea's largest wireless carrier by the number of subscribers, said Tuesday it aims to introduce a large language model specializing in telecom-related terms as early as June. The upcoming telecom-specific LLM is developed from general-purpose LLMs such as ChatGPT and Claude. SK Telecom joined hands with global Big Tech firms including OpenAI and Anthropic to develop the LLM. Telco-specific LLMs are ...

Eric-davis , Sk-telecom , Big-tech , Jeong-min-young , The-korea-herald , Orean-news , Oreaherald , Outh-korea-news , Outh-korea-news-in-english , Sia-news , K-pop , Pop