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Stories from Seoul · South Korea

452 stories in this location, newest first.

other 8d ago Seoul

Child Fingerprint Registration Available Via Safe Dream App

Parents can register their children's fingerprints through the Safe Dream app, the website www.safe182.go.kr, or at a local police station. A family relations certificate and ID are required for the registration.
TBS eFM Seoul
economy 8d ago Seoul

Samsung Heir's Inheritance Tax Reduced To 26 Trillion Won

Chairman Lee Jae-yong, Hong Ra-hee, and Lee Boo-jin and Lee Seo-hyun have completed a record $8 billion inheritance tax payment. This represents the largest such payment in history. Samsung has paid 12 trillion South Korean won in inheritance tax. The company's payment is among the highest in the world. Korean companies have previously resisted such payments, citing high inheritance tax rates. The payment was described as a reluctant one by sources. The specific amount of the tax bill was not disclosed in the report. The company had reportedly attempted to avoid the tax before proceeding with the payment. The company is currently managing the financial obligations following leadership transitions. Samsung's founding family heirs have paid an inheritance tax of approximately 11 trillion Korean won, which is equivalent to $8.1 billion USD.
Bluesky
other 8d ago Seoul

South Korea And Ghana Sign Climate Cooperation Agreements

South Korea and Vietnam have signed a Memorandum of Understanding (MOU) for veterinary cooperation. The foreign ministries of Japan and Vietnam announced the exchange of six cooperation documents, indicating a strengthening of economic ties. This agreement aims to strengthen collaboration on animal health and disease control between the two nations. The signing ceremony took place in Seoul. This development follows a report of a ship explosion and fire that South Korean authorities are investigating. This development comes as global shipping costs rise due to strait disruptions. Two new marine water tankers have been added to a fleet, likely to address these logistical challenges. The agreement includes increased trade and investment opportunities. Both nations aim to strengthen their strategic partnership.
CRI Huayu Global
politics 8d ago Seoul

General Pak Chung-hee Seizes Power In Military Coup

General Pak Chung-hee has taken power following a military coup. The takeover follows more than a year of violent anti-corruption protests and political instability. The new leader is reportedly wary of established business figures like B.C.
RNZ National
other 8d ago Seoul

Man Ordered To Pay Damages For Itaewon Comments

A court ordered a man, identified as A, to pay 10 million won in damages to bereaved families of the Itaewon tragedy.
YTN Radio
culture 8d ago Seoul

K-Pop Star Gifts Homes Worth Millions

South Korean star G-Dragon gifted multiple high-priced homes, totaling hundreds of millions of Korean won, to his long-term staff. This generous act has caused a stir in the entertainment industry.
BCC News Taiwan
politics 8d ago Seoul

President Yoon Addresses Farmer Concerns

President Yoon Suk Yeol urged farmers to remain rational amidst upcoming trade impacts and called for central and local governments to cooperate in protecting farmers' rights. South Korean President Yoon Suk Yeol has addressed farmer concerns regarding trade agreements.
BCC News Taiwan
other 8d ago Seoul

South Korean Political Candidates Face Shifting Poll Dynamics

Musician Kim Soo-hyun has filed a civil lawsuit against the media outlet 'Horizontal Research Laboratory' for a report. Lee Jek-min faces monthly expenses and economic pressure.
BCC News Taiwan
other 8d ago Seoul

South Korea To Minimize Suneung Subject Disparities

Kim Moon-hee, head of the Korea Institute for Curriculum and Evaluation, announced plans to adjust the difficulty of this year's Suneung college entrance exam.
YTN Radio
economy 8d ago Seoul

Minors Aged 12 And Older May Use Credit Cards

Starting today, minors aged 12 and older can use credit cards with parental consent. The issuance of family cards, which was previously restricted to certain card companies, has now been established as a formal system.
EBS FM Korea