• 최종편집 2024-03-02(토)

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  • Cofounding Angel for Kor-Fils’s Journey with Leaderstimes,
        I contributed to donating aid to single parent Korean Filipino households since 2021. Starting off as a journalist for Leaderstimes, I got in touch with the Philippines coordinator Mr. Kong to help create the NGO with Global Leaders Club. As our organization funded the education for Filipino children throughout the years, I decided to visit two of the families supported by Angel for Kor-Fils’s Journey in Silang, Philippines.   Silang, situated an hour away from Metro Manila, unfolded as a testament to the socio-economic disparities prevailing in the country, as the families supported by the nonprofit organization resided in homes with bare minimum support.   Despite the challenges posed by their living conditions, Jisoo and Jinju, two remarkable individuals aged 10 and 16, opened their homes and hearts to me. What stood out amidst these challenging circumstances was the extraordinary passion for education exhibited by Jisoo and Jinju. Jisoo, at the age of 10, harbors dreams of becoming a medical doctor, with a fervent interest in science. As she delves into the intricacies of biology, exploring different organs, her aspiration to contribute to the medical field shines brightly. On the other hand, 16-year-old Jinju found a love for accounting and business, looking to start her own business one day to support her family.   These dreams, woven with determination and resilience, are particularly remarkable given their humble beginnings. The undying enthusiasm for education and clear career goals set Jisoo and Jinju apart. Our culture exchange trip, sharing Korean culture through gifting folktale books and a traditional Korean board game Yut-nori, hoped to encourage the young scholars to embrace both their Korean and Filipina identities while pursuing their educational goals. I have no doubt that the girls will find success as long as they maintain their persistence and patience.   I realized how much potential there is in every child through conversations with the families during the trip. Providing scholarships and support for education, I was honored to be able to provide the chance for economically disadvantaged to shine. With Leaderstimes and Global Leaders Club, I seek to continue my multicultural, philanthropy and expand Angel for Kor-Fils’s Journey to more households in need. As we’ve already expanded into Cambodia, I hope Global Leaders Club members will join in our support for the underprivileged.
    • Global News
    • 국제후원활동
    2024-02-29
  • President Yoon Suk-yeol Vows to Establish Best Investment Environment
      President Yoon Suk-yeol has committed to fostering a world-class investment environment, aiming to attract global investors and bolster economic growth in South Korea. His pledge comes as a significant step towards enhancing korea's competitiveness in the international market.    In a recent announcement, President Yoon underscored the importance of creating an attractive investment landscape that aligns with global standards. He emphasized the need to streamline regulations, expand incentives, and provide robust support mechanisms to facilitate foreign investment across various sectors.    Acknowledging the pivotal role of foreign investment in driving economic progress, President Yoon expressed gratitude to foreigninvestment companies for their contributions to the Korean market. He highlighted the record-breaking influx of foreign investment in the previous year, amounting to approximately $32.7 billion, as a testament to Korea's potential as an investment destination.    The President's commitment to dismantling barriers and implementing investor-friendly policies reflects a proactive approach towards positioning Korea as a preferred destination for international businesses. By prioritizing transparency, efficiency, and innovation, President Yoon aims to elevate Korea's standing as a leading hub for global investment.    Furthermore, President Yoon's vision extends beyond mere economic growth; he envisions Korea as a beacon of opportunity and prosperity for companies seeking expansion and collaboration. By fostering a conducive environment for investment, he seeks to stimulate job creation, promote technological advancement, and drive sustainable development initiatives.    President Yoon's pledge to establish a world-class investment environment resonates with stakeholders across various sectors, including business leaders, government officials, and industry experts. The collective effort to cultivate an ecosystem that nurtures innovation and entrepreneurship underscores Korea's commitment to driving inclusive growth and fostering long-term prosperity.    As President Yoon embarks on this ambitious endeavor, he calls for collaboration and partnership among all stakeholders to realize the shared vision of a dynamic and resilient economy. With unwavering determination and strategic foresight, President Yoon aims to chart a path towards sustained prosperity and global leadership in the realm of investment and economic development.
    • 뉴스
    • 경제
    2024-02-19
  • Smart Animal Husbandry, First Step for Future Livestock Industry
    Minister Song Mi-ryung visited the smart livestock farm in Pyeongtaek-si, Gyeonggi Province, encouraged youth ranchers, listened to the difficulty of the place, and discussed the expansion of smart animal husbandry. Livestock facility[Leaders Times] On February 6th at 4:30, Minister of Agriculture, Food and Rural Affairs Song Mi-ryung visited the smart piggery in Pyeongtaek-si, Gyeonggi Province, observed the place of smart animal husbandry, and conducted a meeting about a method of expansion of smart animal husbandry with youth ranchers who are practicing future smart livestock. Livestock farm (Rosefarm), where she visited, is a smart piggery that optimizes feed supplements to retrench approximately 19% of feed cost compared with normal farms, considering the growth stages of mother pigs and piglets and brings a system of exhausting air in the center and air washer in to decrease odor innovatively. Minister Song declared the schemes to reinforce necessary support for the expansion of smart livestock and to emphasize smart animal husbandry as the powerful way of advancing the livestock industry that overcomes the problems of livestock farming through the scientific control of odor and animal disease and the improvement of production. Also, she heard diverse opinions from youth ranchers, smart equipment manufacturers, and people from a public institution that certifies livestock products (KAPE) at the meeting after visiting a smart piggery.At this meeting, the youth ranchers suggested ▲enforcement of expansion and supplement of smart farms focused on solutions, ▲increasing opportunity and experience of youth farmers, such as practical education, and ▲establishing big data platforms for the smart equipment and expansion of the use of solutions. Minister Song responded that the Agriculture, Food and Rural Affairs will create a performance model of each type and field for smart animal husbandry and increase the opportunity experience steadily. Moreover, she declared to find a varied improvement plan for the achievement and creation of smart livestock. Minister of Agriculture, Food and Rural Affairs Song Mi-ryung said that future growing industrialization of the agricultural industry needs to foster an agricultural innovative ecosystem that encourages youth ranchers’ creative ideas and capability. She requested that fervor and innovation youth ranchers who were at the meeting might endeavor to expand to a good model of society with related organization.”
    • 뉴스
    • 경제
    2024-02-08
  • Hosting the First Asia Maritime Security Agency Chiefs Meeting in Korea
        The Korea Coast Guard has announced its plans to host the 20th Asia Maritime Security Agency Chiefs Meeting in South Korea this year, marking a significant development as it will be the first time the event is held in the country. This initiative is in response to the growing importance of maritime security, aligned with the Indo-Pacific strategy, and aims to strengthen maritime security cooperation among key nations in the Indo-Pacific region.   Established in 2004, the Asia Maritime Security Agency Chiefs Meeting serves as a collaborative organization with the participation of 22 countries in Asia, including Korea, China, Japan, and various Southeast Asian nations. Additionally, the organization includes one region (Hong Kong) and two international organizations, namely ReCAAP-ISC for Asia-Pacific counter-piracy cooperation and UNODC for the United Nations Office on Drugs and Crime.    The upcoming meeting, scheduled to take place in Incheon in June and September, will be organized into five expert groups. These groups will focus on discussing critical topics such as capacity-building for maritime security agencies in the Asian region, prevention of maritime crime, marine environmental protection, search and rescue operations, and information exchange. The primary objective is to deliberate on collaborative measures to enhance safety and security in maritime environments.    Of particular note is the meeting's emphasis on addressing the pressing issue of drug trafficking through the seas into domestic territories. Member countries plan to enhance practical information exchange, strengthen cooperation, and establish an international collaborative framework among Asian nations.    Kim Jong-wook, the head of the Korea Coast Guard, stated, "Considering that this is the first time Korea is hosting the meeting of Asian maritime security agencies, we are preparing various programs, including promoting Hallyu culture. We aim to share the capabilities of the Korean Coast Guard with Asian nations, actively contribute to strengthening maritime security cooperation with key nations in the Indo-Pacific region, and strive to fulfill our role and responsibilities as a global central nation in the international community."
    • 뉴스
    • 정치
    2024-01-22
  • President Yoon Suk-yeol Attends 2024 Securities and Derivatives Market Opening Ceremony
      On the morning of January 2nd, President Yoon Suk-yeolattended the '2024 Securities and Derivatives Market Opening Ceremony' held at the Korea Exchange Seoul Office. This marks a significant event, as it is the first time in history that the incumbent president has participated in the stock market opening ceremony.    President Yoon, who had attended similar ceremonies during his presidential campaign, emphasized the pivotal role of the capital market in the development of a free-market economy. His presence at the event today signifies a commitment to encouraging the advancement of the nation's capital market.    In his address, the President characterized the stock market as the 'arena of mutual growth,' where the nation and businesses grow together. He also referred to it as the 'ladder of opportunities,' supporting the accumulation of the nation's assets. President Yoon highlighted the importance of activating the financial investment sector to prevent social stratification and enhance societal dynamism.    Addressing the undervaluation of the stock market in South Korea, despite the presence of globally competitive companies, President Yoon expressed his commitment to resolving the 'Korea Discount' through the deregulation of the capital market during his term.    The President announced plans to prepare 'short selling reform measures' smoothly, promote the abolition of the financial investment income tax, and positively consider amendments to commercial laws to enhance benefits for small shareholders. Additionally, he disclosed intentions to significantly expand programs supporting the formation of national assets, such as Individual Savings Accounts (ISA).    In conclusion, President Yoon pledged to support a fair market through continuous communication with market participants. The event saw the attendance of approximately 160 professionals from the financial investment industry. Notable government and authority figures present included Prime Minister Cho Sang-mok, who also serves as the Minister of Economy and Finance, Financial Services Commission Chairman Kim Joo-hyun and so on.
    • 뉴스
    • 경제
    2024-01-08
  • Rohingya Refugee Crisis
    Rohingya Refugee Crisis The Rohingya refugee crisis is a complex and multifaceted issue rooted in longstanding ethnic and religious tensions in Myanmar. The crisis gained international attention in 2017 when the Myanmar military launched a brutal crackdown in response to attacks by Rohingya insurgents at security posts. The military's actions included mass killings, sexual violence, and the burning of Rohingya villages, leading to a significant exodus of Rohingya refugees. Ethnic and religious tensions, fueled by nationalist sentiments among the majority Buddhist population, have contributed to the discrimination and persecution of the Rohingya, a Muslim minority group residing in the Rakhine State. The Rohingya have faced enduring discrimination and marginalization, with the government denying them citizenship, rendering them stateless. This lack of legal recognition has subjected the Rohingya to restrictions on movement, education, and access to healthcare, exacerbating their vulnerability.   As a result of the violence, hundreds of thousands of Rohingya were forced to flee their homes and seek refuge in neighboring countries, primarily Bangladesh. The refugee influx overwhelmed existing facilities, leading to the establishment of large-scale refugee camps, such as those in Cox's Bazar. The Rohingya refugees face dire humanitarian conditions in these camps, including inadequate shelter, food shortages, and limited access to healthcare and education.   The humanitarian crisis prompted widespread condemnation from the international community, with calls for accountability and actions to address the root causes of the conflict. Various humanitarian organizations, including the United Nations and non-governmental organizations, have been involved in providing assistance and advocating for the rights of the Rohingya. Diplomatic efforts to resolve the crisis have been ongoing, involving international organizations, governments, and regional actors.  However, finding a sustainable solution has proven challenging. As recently as New Year's Eve, over one hundred more Rohingya refugees arrived and sought shelter in Indonesia amidst rejection from locals who are going as far as attacking Rohingya-populated areas. After fleeing Bangladesh due to surging gang violence, the influx of Rohingya refugees in Indonesia was merely met with new problems. The Rohingya refugee crisis remains a pressing global issue that underscores the need for concerted international efforts to address the root causes, ensure the well-being of the displaced population, and work towards a lasting resolution.
    • Global News
    • 지구촌
    2024-01-03
  • Creation of the World's First Super-Sized Patent-Specific Language Model
      The Korean Intellectual Property Office (KIPO) is gearing up for a press conference on December 21 at 10 A.M. at the Government Complex in Daejeon. The event aims to announce and share the collaborative achievements between KIPO and the LG Artificial Intelligence (AI) Research Institute, led by Director Baek Kyung-hoon, in the development of AI.    Thirteen officials, including KIPO Commissioner Lee In-sil and LG AI Research Institute Director Baek Kyung-hoon, are expected to attend the conference. The highlight of the event will be the unveiling of the world's first super-sized patent-specific language model jointly developed by the two institutions.    In a significant move, KIPO and LG AI Research Institute signed a memorandum of understanding on July 14 to integrate AI technology into patent administration, aiming for transformative reforms in patent-related processes. The collaborative initiative's flagship project involves the creation of a super-sized patent-specific language model.    This groundbreaking language model combines seven types of patent-related information (totaling 1.78TB), including patent announcements from KIPO, with LG AI Research Institute's massive AI model known as 'EXAONE.' Engineered with 88 billion parameters and designed with consideration for KIPO's environment and utilization purposes, the model underwent a meticulous two-step learning process to optimize its performance.    Following rigorous evaluations, the model showcased above-average results across various tasks, including sentence summarization and translation. With ongoing domain-specific tuning, further enhancements in performance are anticipated.    With the successful establishment of the patent-specific language model, KIPO plans to initiate research and development activities from the next year. The focus will be on revolutionizing examination tasks, such as patent searches and classification, as part of the broader plan to develop an AI examination system.    The upcoming press conference is expected to shed light on further collaborative plans between the two institutions for the ongoing development of an AI examination system and other related endeavors.  
    • 뉴스
    • 경제
    2024-01-01
  • President Yoon Seok-yeol Leads Third Defense Innovation Commission Meeting
      On December 20th, President Yoon Seok-yeol chaired the third meeting of the "Defense Innovation Commission" at the Blue House in Yongsan, focusing on crucial matters to drive successful defense innovation. The participants engaged in in-depth discussions on enhancing capabilities in response to asymmetric threats, particularly concerning North Korea's nuclear and missile developments.    In his opening remarks, President Yoon acknowledged the recent achievements in military satellite launches. Specifically, he praised the successful launch of the military's first reconnaissance satellite on December 2nd and the civilian satellite launch, utilizing a solid-fuel space launch vehicle, on December 4th. President Yoon commended the researchers involved and highlighted the military's commitment to advancing reconnaissance satellite and launch vehicle technology. He emphasized the importance of contributing to national competitiveness in the era of space economics by transferring relevant technology to the civilian sector at the proper moment.    During the presentation, Jin Young-seung, Director of Strategic Planning at the Joint Chiefs of Staff, underscored the imperative to enhance surveillance and reconnaissance capabilities in response to internal and external situations. These situations include North Korea's accelerated nuclear and missile development and the heightened use of satellites in the Russia-Ukraine conflict. Director Jin presented the military's plan for strengthening surveillance and reconnaissance capabilities, featuring the successful launch of reconnaissance satellites from the Vandenberg Space Force Base in California on December 2nd. The military aims to bolster these capabilities against North Korea's threats by securing an ample number of satellites. Additionally, plans include the early acquisition of unmanned reconnaissance and attack aircraft capable of integrated surveillance and strikes, as well as stealth unmanned reconnaissance and attack aircraft capable of penetrating and striking North Korea's core areas.    Following this, Sung Il, Director of the Ministry of National Defense's Resource Management Office, unveiled the "Defense Acquisition System Innovation Plan." This plan, based on the achievements of the "Defense Acquisition System Task Force" from February to June 2023, outlines the government's intention to diversify acquisition methods from the current two (purchase, research and development) to five (rapid acquisition, acquisition after demonstration project, software acquisition). The aim is to streamline duplicated verification and analysis procedures in the existing acquisition process for increased efficiency.    The government anticipates that diversifying and streamlining the defense acquisition system will significantly reduce the average acquisition period of weapon systems from the current 14 years to 7 years. This strategic move reflects the strong determination of the Yoon Seok-yeol administration to promptly respond to North Korea's evolving asymmetric capabilities by integrating rapidly advancing science and technology into military strategies. Moreover, the shortened acquisition period, from development to deployment, is expected to contribute significantly to job creation in the defense industry and stimulate regional economic development.  
    • 뉴스
    • 정치
    2023-12-26
  • Diplomatic Talks Between South Korean and Beninese Foreign Ministers
      On December 20th, South Korean Foreign Minister Park Jin engaged in a meeting with his Beninese counterpart, OlushegunAdjadi Bakari. The discussions covered various aspects of the bilateral relationship, including substantive collaboration, international cooperation, and the regional geopolitical landscape.   Minister Park warmly welcomed Minister Bakari, commending recent high-level exchanges between the two countries, notably the visit of the Benin Foreign Minister to South Korea on November 14-15 and other significant engagements. He expressed optimism that these interactions would help identify shared interests in diverse areas such as the economy and development, fostering further collaboration.    In response, Minister Bakari conveyed deep appreciation for the South Korean invitation. He expressed high expectations for enhanced cooperation between Benin and South Korea, hoping that his visit would facilitate the exploration of concrete and practical avenues for collaboration.    Both ministers recognized the necessity of strengthening longstanding cooperation, particularly in the field of development. Discussions covered not only development cooperation projects through the Korea International Cooperation Agency (KOICA) but also initiatives like Benin's Knowledge Sharing Program (KSP) and participation in the Korea-Africa Food and Agricultural Cooperation Initiative (KAFACI). These efforts aim to contribute to Benin's industrialization and agricultural development.    Additionally, the ministers explored collaboration on global issues such as climate change and future industries like digital technology and information and communication technology (ICT).    Minister Park expressed the South Korean government's anticipation of President Talon's participation in the upcoming inaugural South Korea-Africa Summit scheduled for the next year. Minister Bakari assured his commitment to ensuring President Talon's attendance, emphasizing the Beninese President's keen interest in the summit.       Touching upon the security situation on the Korean Peninsula, Minister Park highlighted recent unprecedented provocations, including North Korea's intercontinental ballistic missile (ICBM) launch on December 18. He emphasized the importance of a resolute and unified international response. Minister Bakari expressed full support for South Korea's efforts for peace on the Korean Peninsula and condemned North Korea's provocative actions.       The diplomatic talks between South Korea and Benin reaffirm Benin's active participation in the successful hosting of the upcoming South Korea-Africa Summit next year. The meeting is considered a pivotal moment to expand substantive cooperation between the two nations and strengthen their collaboration on the international stage.    
    • 뉴스
    • 정치
    2023-12-26
  • The Ministry of SMEs and Startups’s budget in 2024: KRW 14.9497 trillion won
        [Leaders Times] The budget proposal and the total expenditure in the fund management plan for the Ministry of SMEs and Startups in 2024 was decided at KRW 14.9497 trillion won in the National Assembly of South Korea on December 21.  During the National Assembly deliberation process, KRW 14.5135 trillion won was increased by KRW 436.1 billion won for enhancement of safety nets of the small business owners and self-employed, regional economic development, and global expansion.  Major budget items approved by the National Assembly: 1. The enhancement of safety nets of the self-employed and retailers a. (Reduction in interest expense of retailers/small business owners) Provides low-interest loans to self-employed and retailers who use non-bank high-interest rate debt. b. (Small business owners energy costs) Provides special supplemental funds, KRW (‘24) 2520 billion won, to assist in payment of electricity bills for vulnerable small business owners. c. (Onnuri gift certificates) Increase issue of Onnuri gift certificates from KRW 4 trillion won to KRW 5 trillion won.  2. The expansion of globalization d. (Global innovation special zone) An increase in the budget is allocated to offset the effect of negative regulations and global standards, such as substantiation and certification, for the development of novel products in high-tech fields, fostering advanced product development, and overseas expansion.     e. (Smart factories) An additional 100 billion won is allocated for the dissemination and expansion of smart factory initiatives. The Ministry of SMEs and Startups plans to swiftly execute related budgets for the stability of small business operations, the expansion of safety nets, and globalization, including initiatives like 'Startup Korea,' aiming to ensure robust support for the livelihood of the small business communities.
    • 뉴스
    • 정치
    2023-12-24

실시간 영어뉴스 기사

  • Cofounding Angel for Kor-Fils’s Journey with Leaderstimes,
        I contributed to donating aid to single parent Korean Filipino households since 2021. Starting off as a journalist for Leaderstimes, I got in touch with the Philippines coordinator Mr. Kong to help create the NGO with Global Leaders Club. As our organization funded the education for Filipino children throughout the years, I decided to visit two of the families supported by Angel for Kor-Fils’s Journey in Silang, Philippines.   Silang, situated an hour away from Metro Manila, unfolded as a testament to the socio-economic disparities prevailing in the country, as the families supported by the nonprofit organization resided in homes with bare minimum support.   Despite the challenges posed by their living conditions, Jisoo and Jinju, two remarkable individuals aged 10 and 16, opened their homes and hearts to me. What stood out amidst these challenging circumstances was the extraordinary passion for education exhibited by Jisoo and Jinju. Jisoo, at the age of 10, harbors dreams of becoming a medical doctor, with a fervent interest in science. As she delves into the intricacies of biology, exploring different organs, her aspiration to contribute to the medical field shines brightly. On the other hand, 16-year-old Jinju found a love for accounting and business, looking to start her own business one day to support her family.   These dreams, woven with determination and resilience, are particularly remarkable given their humble beginnings. The undying enthusiasm for education and clear career goals set Jisoo and Jinju apart. Our culture exchange trip, sharing Korean culture through gifting folktale books and a traditional Korean board game Yut-nori, hoped to encourage the young scholars to embrace both their Korean and Filipina identities while pursuing their educational goals. I have no doubt that the girls will find success as long as they maintain their persistence and patience.   I realized how much potential there is in every child through conversations with the families during the trip. Providing scholarships and support for education, I was honored to be able to provide the chance for economically disadvantaged to shine. With Leaderstimes and Global Leaders Club, I seek to continue my multicultural, philanthropy and expand Angel for Kor-Fils’s Journey to more households in need. As we’ve already expanded into Cambodia, I hope Global Leaders Club members will join in our support for the underprivileged.
    • Global News
    • 국제후원활동
    2024-02-29
  • The 7th ROK-UN Office for the Coordination of Humanitarian AffairsPolicy Consultation
    The Ministry of Foreign Affairs recently convened the 7th ROK-OCHA Policy Consultation in New York in collaboration with the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) on February 16th. The meeting saw the participation of Director Won Do-yeon from the Development Cooperation Bureau representing South Korea, alongside Ms. Joyce Msuya, Deputy Executive Director of OCHA, who served as the senior representative.    During the meeting, both parties engaged in discussions highlighting the pivotal role of OCHA's coordination capacity amidst escalating global humanitarian crises attributed to conflicts and climate change. Emphasis was placed on exploring tangible cooperation measures aimed at effectively addressing humanitarian crises. Moreover, strategic cooperation plans between South Korea and OCHA were deliberated upon, particularly in light of South Korea's forthcoming assumption of the presidency of the UN Security Council's non-permanent member for the 2024-2025 term, with a focal point on humanitarian assistance.    Director Won underscored the imperative of realizing the vision of a globally pivotal state and contributing substantially to the international community in alignment with South Korea's status and prestige. He elaborated on the comprehensive review of strategic cooperation relations with major humanitarian organizations, including OCHA, aimed at enhancing the efficacy of humanitarian assistance efforts.    Deputy Executive Director Ms. Msuya commended the South Korean government's endeavors in bolstering humanitarian assistance amid unprecedented humanitarian crises. She highlighted the progressing cooperation between ROK and OCHA.    Furthermore, discussions encompassed humanitarian situations and future prospects globally, with a focus on regions such as Ukraine, Myanmar, and Sudan. Various cooperation measures in disaster response were explored, alongside an agreement to collaborate on expanding the involvement of South Korean experts in OCHA and augmenting the visibility of South Korea's contributions.
    • 뉴스
    • 정치
    2024-02-26
  • President Yoon Suk-yeol Vows to Establish Best Investment Environment
      President Yoon Suk-yeol has committed to fostering a world-class investment environment, aiming to attract global investors and bolster economic growth in South Korea. His pledge comes as a significant step towards enhancing korea's competitiveness in the international market.    In a recent announcement, President Yoon underscored the importance of creating an attractive investment landscape that aligns with global standards. He emphasized the need to streamline regulations, expand incentives, and provide robust support mechanisms to facilitate foreign investment across various sectors.    Acknowledging the pivotal role of foreign investment in driving economic progress, President Yoon expressed gratitude to foreigninvestment companies for their contributions to the Korean market. He highlighted the record-breaking influx of foreign investment in the previous year, amounting to approximately $32.7 billion, as a testament to Korea's potential as an investment destination.    The President's commitment to dismantling barriers and implementing investor-friendly policies reflects a proactive approach towards positioning Korea as a preferred destination for international businesses. By prioritizing transparency, efficiency, and innovation, President Yoon aims to elevate Korea's standing as a leading hub for global investment.    Furthermore, President Yoon's vision extends beyond mere economic growth; he envisions Korea as a beacon of opportunity and prosperity for companies seeking expansion and collaboration. By fostering a conducive environment for investment, he seeks to stimulate job creation, promote technological advancement, and drive sustainable development initiatives.    President Yoon's pledge to establish a world-class investment environment resonates with stakeholders across various sectors, including business leaders, government officials, and industry experts. The collective effort to cultivate an ecosystem that nurtures innovation and entrepreneurship underscores Korea's commitment to driving inclusive growth and fostering long-term prosperity.    As President Yoon embarks on this ambitious endeavor, he calls for collaboration and partnership among all stakeholders to realize the shared vision of a dynamic and resilient economy. With unwavering determination and strategic foresight, President Yoon aims to chart a path towards sustained prosperity and global leadership in the realm of investment and economic development.
    • 뉴스
    • 경제
    2024-02-19
  • Exploring Korea-Australia Collaboration in Core Minerals, Carbon Capture and Storage (CCS) Technology, andNatural Gas Sector
        Australia stands out globally as the leading producer of lithium, ranking third in rare earth minerals and fourth in cobalt. This prominence has made it a prime focus for CCS(Carbon Capture & Storage) investments by Korean companies. onsidering this background, Minister An Deok-geun of the Ministry of Trade, Industry and Energy engaged in discussions with Madeleine King, Australia's Minister for Resources and Northern Australia, in Seoul on February 2nd. The dialogue centered on fostering cooperation in energy and resources sectors, encompassing key minerals, CCS technology, and natural gas. Our concerns regarding Australia's energy regulations were also addressed during the meeting.  Both nations recognized the imperative to reduce reliance on specific countries for key minerals by diversifying supply chains. They expressed a mutual interest in broadening collaboration from upstream activities such as exploration, development, and production to downstream processes like refining and processing.  Additionally, they committed to streamlining procedures, including the prompt signing of the Korea-Australia CO2 Transport Agreement. This agreement aims to facilitate the smooth execution of CCS investment projects, which involve capturing CO2 emissions in Korea, transporting them to Australia, and permanently storing them in depleted gas fields.  Minister Analso raised concerns regarding the extensiondate ('22 → '30) for Australia's Domestic Gas Security Mechanism (ADGSM), which restricts natural gas exports during domestic shortages. He urged for clearer guidelines for the application of Australia's Safeguard Mechanism, which oversees carbon emissions from multi-emission facilities.
    • 뉴스
    • 경제
    2024-02-12
  • Smart Animal Husbandry, First Step for Future Livestock Industry
    Minister Song Mi-ryung visited the smart livestock farm in Pyeongtaek-si, Gyeonggi Province, encouraged youth ranchers, listened to the difficulty of the place, and discussed the expansion of smart animal husbandry. Livestock facility[Leaders Times] On February 6th at 4:30, Minister of Agriculture, Food and Rural Affairs Song Mi-ryung visited the smart piggery in Pyeongtaek-si, Gyeonggi Province, observed the place of smart animal husbandry, and conducted a meeting about a method of expansion of smart animal husbandry with youth ranchers who are practicing future smart livestock. Livestock farm (Rosefarm), where she visited, is a smart piggery that optimizes feed supplements to retrench approximately 19% of feed cost compared with normal farms, considering the growth stages of mother pigs and piglets and brings a system of exhausting air in the center and air washer in to decrease odor innovatively. Minister Song declared the schemes to reinforce necessary support for the expansion of smart livestock and to emphasize smart animal husbandry as the powerful way of advancing the livestock industry that overcomes the problems of livestock farming through the scientific control of odor and animal disease and the improvement of production. Also, she heard diverse opinions from youth ranchers, smart equipment manufacturers, and people from a public institution that certifies livestock products (KAPE) at the meeting after visiting a smart piggery.At this meeting, the youth ranchers suggested ▲enforcement of expansion and supplement of smart farms focused on solutions, ▲increasing opportunity and experience of youth farmers, such as practical education, and ▲establishing big data platforms for the smart equipment and expansion of the use of solutions. Minister Song responded that the Agriculture, Food and Rural Affairs will create a performance model of each type and field for smart animal husbandry and increase the opportunity experience steadily. Moreover, she declared to find a varied improvement plan for the achievement and creation of smart livestock. Minister of Agriculture, Food and Rural Affairs Song Mi-ryung said that future growing industrialization of the agricultural industry needs to foster an agricultural innovative ecosystem that encourages youth ranchers’ creative ideas and capability. She requested that fervor and innovation youth ranchers who were at the meeting might endeavor to expand to a good model of society with related organization.”
    • 뉴스
    • 경제
    2024-02-08
  • Special Representative for Korean Peninsula Peace and Security Affairs visited EU
      Kim Geon, Special Representative for Korean Peninsula Peace and Security Affairs, visited the headquarters of the European Union (EU) in Brussels, Belgium on January 23 at the invitation of the EU. He attended the Political and Security Committee (PSC), the ambassadorial-level deliberative body of the 27 EU member states, and conducted a briefing on North Korea's nuclear, missile, and cyber threats.    Kim pointed out that the trade in arms and military technology between Russia and North Korea constitutes a clear violation of Security Council resolutions and underscores the inseparable link between security in the Korean Peninsula and Europe. He also explained how North Korea's provision of weapons to Ukraine threatens European security, and how North Korea has escalated threats against South Korea, labeling it as an enemy and even mentioning preemptive nuclear strikes and territorial occupation.    Special Representative acknowledged the EU's active engagement in addressing human rights issues in North Korea and emphasized the need for close cooperation between South Korea and the EU in firmly responding to North Korea's illegal activities which seriously threaten peace and stability in both the Korean Peninsula and Europe. Kim particularly stressed the importance of actively blocking the flow of funds for North Korea's nuclear and missile development. To achieve this, he proposed close cooperation between both sides in responding to North Korea's illegal cyber activities, which target the global community through hacking and IT personnel deployments.    Furthermore,Kim had separate meetingwith Enrique Mora Benavente, Deputy Secretary-General for External Action Service, and NiclasKvarnström, Director for Asia and the Pacific at the External Action Service of the EU, to discuss cooperation between South Korea and the EU regarding the North Korean nuclear issue.   During the meetings, both sides condemned North Korea's use of the international situation to enhance its nuclear and missile capabilities and to continue escalating tensions in the region. They also expressed serious concerns about the proliferation of North Korean weapons and agreed to further strengthen cooperation to counter North Korea's illegal activities that undermine the international non-proliferation regime, utilizing various means including sanctions.
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    2024-02-05
  • Advancing Korea-Europe and Korea-France Space Cooperation: A New Chapter Unfolds
      In a significant step towards fostering international collaboration in space exploration, Cho Sung-kyung, Vice Minister of the Ministry of Science and ICT, embarked on a visit to key space organizations in France on January 19th. The visit included meetings with the European Space Agency (ESA), the French National Centre for Space Studies (CNES), and the space startup Exotrail, laying the groundwork for substantial cooperation in the field of space exploration. The discussions primarily focused on formulating strategies for collaborative efforts with the Korea Aerospace Research Institute (KARI).    A pivotal moment in the visit was a meeting with Josef Aschbacher, the Director General of the European Space Agency (ESA). During this meeting, Vice Minister Cho and Aschbacher conducted a comprehensive review of the current status of space cooperation between Korea and Europe. They reached a consensus to establish a practical working group, focusing on identifying specific items for collaboration in the realm of space exploration. Topics discussed included the coexistence and interoperability of the Korean Positioning System (KPS) and Galileo, data sharing through satellite communication networks, and potential cooperation in scientific space exploration. Notably, Aschbacher expressed a keen interest in Korea's participation in ESA's ambitious projects, such as lunar and Venus exploration.    Subsequent to this meeting, Vice Minister Cho visited the French National Centre for Space Studies (CNES) to explore ways to expand collaboration and exchanges between space companies in Korea and France. Emphasizing the need to revitalize the Korea-France Space Forum as a platform for networking and collaboration, discussions also focused on joint research initiatives aimed at promoting technological innovation in the aerospace industry. The commitment of the Korea Aerospace Research Institute and CNES to partner in establishing a joint funding initiative for Korea-France cooperation was confirmed.    In concluding remarks, Vice Minister Cho Sung-kyung stated, "This visit to France reaffirms the abundant potential and determination for space cooperation between Korea and Europe, as well as Korea and France. To translate this potential into tangible outcomes, we will promptly establish a working group for concrete collaboration items with ESA and CNES."  
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    2024-01-29
  • Hosting the First Asia Maritime Security Agency Chiefs Meeting in Korea
        The Korea Coast Guard has announced its plans to host the 20th Asia Maritime Security Agency Chiefs Meeting in South Korea this year, marking a significant development as it will be the first time the event is held in the country. This initiative is in response to the growing importance of maritime security, aligned with the Indo-Pacific strategy, and aims to strengthen maritime security cooperation among key nations in the Indo-Pacific region.   Established in 2004, the Asia Maritime Security Agency Chiefs Meeting serves as a collaborative organization with the participation of 22 countries in Asia, including Korea, China, Japan, and various Southeast Asian nations. Additionally, the organization includes one region (Hong Kong) and two international organizations, namely ReCAAP-ISC for Asia-Pacific counter-piracy cooperation and UNODC for the United Nations Office on Drugs and Crime.    The upcoming meeting, scheduled to take place in Incheon in June and September, will be organized into five expert groups. These groups will focus on discussing critical topics such as capacity-building for maritime security agencies in the Asian region, prevention of maritime crime, marine environmental protection, search and rescue operations, and information exchange. The primary objective is to deliberate on collaborative measures to enhance safety and security in maritime environments.    Of particular note is the meeting's emphasis on addressing the pressing issue of drug trafficking through the seas into domestic territories. Member countries plan to enhance practical information exchange, strengthen cooperation, and establish an international collaborative framework among Asian nations.    Kim Jong-wook, the head of the Korea Coast Guard, stated, "Considering that this is the first time Korea is hosting the meeting of Asian maritime security agencies, we are preparing various programs, including promoting Hallyu culture. We aim to share the capabilities of the Korean Coast Guard with Asian nations, actively contribute to strengthening maritime security cooperation with key nations in the Indo-Pacific region, and strive to fulfill our role and responsibilities as a global central nation in the international community."
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    2024-01-22
  • Foreign Ministers Issue Joint Statement Condemning North Korea's Transfer of Ballistic Missiles to Russia
        In a united effort, 48 countries, including South Korea, the United States, Japan, and various European nations, alongside the European Union (EU), have issued a joint statement denouncing North Korea's transfer of ballistic missiles. The statement, released by the foreign ministers of these nations, addresses concerns over the repercussions of such actions on global security.    The joint statement begins by condemning North Korea's export of ballistic missiles and highlights the acquisition of these missiles by Russia. It goes on to strongly criticize Russia's utilization of these missiles in attacks on Ukraine on December 30, 2023, and January 2, 2024. The nations express their collective disapproval, emphasizing the impact of these weapon transfers on the suffering of the Ukrainian people and the support they provide to Russia's aggressive actions.    The international coalition underscores the detrimental effects of such activities on the international non-proliferation regime. Additionally, the use of North Korean-designed ballistic missiles by Russia in Ukraine is deemed to provide North Korea with crucial technological and military insights. The statement expresses deep concern about the broader implications of this cooperation, affecting the security landscape in Europe, the Korean Peninsula, the Indo-Pacific region, and global security at large.   Governments within this coalition share a resolute stance against the transfer of weapons between Russia and North Korea. The joint statement points out that such transfersviolate multiple United Nations Security Council resoincluding Resolutions 1718 (2006), 1874 (2009), and 2270 (2016), to which Russia has consented. The coalition emphasizes ongoing scrutiny of Russia's reciprocation to North Korea in exchange for these weapons exports.    The nations collectively call for an immediate cease of all activities violating relevant UN Security Council resolutions and urge both North Korea and Russia to comply with these resolutions. Furthermore, the coalition encourages all UN member states, including Security Council members, to unite in condemning Russia and North Korea for their clear violations.    Amidst Russia's ongoing missile and drone attacks against Ukraine, the joint statement reaffirms the coalition's support for Ukraine. It concludes by reiterating a call for North Korea to respond positively to diplomatic proposals, emphasizing diplomacy as the only pathway to achieving lasting peace on the Korean Peninsula.    In issuing this joint statement, the international community sends a strong and unified message against actions that compromise global security and violate established international norms.
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    2024-01-15
  • President Yoon Suk-yeol Attends 2024 Securities and Derivatives Market Opening Ceremony
      On the morning of January 2nd, President Yoon Suk-yeolattended the '2024 Securities and Derivatives Market Opening Ceremony' held at the Korea Exchange Seoul Office. This marks a significant event, as it is the first time in history that the incumbent president has participated in the stock market opening ceremony.    President Yoon, who had attended similar ceremonies during his presidential campaign, emphasized the pivotal role of the capital market in the development of a free-market economy. His presence at the event today signifies a commitment to encouraging the advancement of the nation's capital market.    In his address, the President characterized the stock market as the 'arena of mutual growth,' where the nation and businesses grow together. He also referred to it as the 'ladder of opportunities,' supporting the accumulation of the nation's assets. President Yoon highlighted the importance of activating the financial investment sector to prevent social stratification and enhance societal dynamism.    Addressing the undervaluation of the stock market in South Korea, despite the presence of globally competitive companies, President Yoon expressed his commitment to resolving the 'Korea Discount' through the deregulation of the capital market during his term.    The President announced plans to prepare 'short selling reform measures' smoothly, promote the abolition of the financial investment income tax, and positively consider amendments to commercial laws to enhance benefits for small shareholders. Additionally, he disclosed intentions to significantly expand programs supporting the formation of national assets, such as Individual Savings Accounts (ISA).    In conclusion, President Yoon pledged to support a fair market through continuous communication with market participants. The event saw the attendance of approximately 160 professionals from the financial investment industry. Notable government and authority figures present included Prime Minister Cho Sang-mok, who also serves as the Minister of Economy and Finance, Financial Services Commission Chairman Kim Joo-hyun and so on.
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    2024-01-08
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