A policy suggestion was made that export control activities, including research cooperation with other countries, should be managed as export control targets and that the Ministry of Economy and Finance and the Ministry of Trade, Industry and Energy should respond together to export control measures...
More than half of the population of farming, fishing, and forestry households was recorded as being 65 years or older last year. The number of people in their 70s engaged in agriculture, forestry, and fishing is increasing, while a trend of leaving these sectors continues among all age groups under ...
Jeong Ing-gyo, head of the Ministry of Trade, Industry and Energy's trade negotiation headquarters, noted on the 17th, "It is expected that the impact of tariff imposition by the United States will emerge starting in the second quarter exports." On the same day, Deputy Minister Jeong stated at the '...
The most frequently mentioned cause of sinkholes, which occur more than 100 times a year, is leakage from water supply and sewage pipes. The water supply and sewage pipes buried underground are becoming increasingly seriously aged, but the replacement work is slow. The Ministry of Environment, the ...
On March 31 at 10 a.m. at the intersection near Daemyung Elementary School in Myeongil-dong, Gangdong-gu, Seoul, people wearing safety helmets were bustling about. This is the site where a large sinkhole, measuring 20 meters in diameter and depth, occurred a week earlier, on March 24. The sinkhole o...
The government will hold a temporary Cabinet meeting on the 18th of this month to review the supplementary budget proposal to be submitted to the National Assembly. The Prime Minister's Office noted on the 16th, "A temporary Cabinet meeting will be held on the 18th to review the supplementary budget...
The outlook for the second quarter in terms of business and sales for manufacturing corporations has shown weak results this year. Most industries expect improvements in business and sales in the second quarter compared to the first quarter, yet maintain an overall negative perspective. Manufacturer...
Minister of Trade, Industry and Energy Ahn Duk-geun said, "Domestic semiconductor corporations are indeed in a situation where they are running with sandbags on." On the 15th, Minister Ahn responded to a question from People Power Party lawmaker Lee Jong-bae during a National Assembly government que...
In the first quarter of this year, exports of domestically produced automobiles to North America decreased by 9.4% compared to the first quarter of the previous year. Although tariffs on the automobile industry in the United States have not been imposed yet, exports to North America have significan...
The government will soon go on a local business trip to examine the feasibility of the liquefied natural gas (LNG) project in Alaska, which has emerged as a major agenda item in the U.S.-South Korea trade negotiations. Vice Minister Choi Nam-ho of the Ministry of Trade, Industry and Energy noted dur...
