Foreigners and multi-cultural families are eligible to receive the same benefits as Korean citizens under the new debt restructuring program, known as the "National Happiness Fund." The fund, valued ...

What started out as a promising model of inter-Korean cooperation has quickly descended into a financial black hole for South Korean businesses at the Gaeseong Industrial Complex. The economic losses are massive and m...

North Korea appears unhappy with increasing calls from Seoul and Washington to delay the transfer of wartime operational control back from the U.S. to South Korea. Pyongyang's Rodong Sinmun says it shows th...

The so-called "alternative holiday" system was first proposed by the Tourism Ministry back in 2009 as a means to boost tourism and create jobs. The government had recently tried to implement the s...

May 1st is International Labor Day across the globe, and to mark the occasion, labor groups here in Korea held rallies throughout the capital city of Seoul. Around 5-thousand members of the Korean Federation of Trade ...