DUE TO THE PANDEMIC JAPAN REPORTED AN ESTIMATE OF 8,700 FOREIGN TRAVELERS IN AUGUST

Highlights –

• Due to the pandemic Japan reported an estimate of 8,700 foreign travellers in August.
• The country reported a decline of 99.7 percent in the number of visitors.
• Visitors from China totaled to 1,600 in August.
• F...

BEIS SIGNS DEAL WITH SEAH STEEL

HIGHLIGHTS

• BEIS has signed a MoU with SeAH Steel.
• BEIS intends to develop a monopile fabrication facility with the help of SeAH Steel in Britain.

Representing United Kingdom (UK) government, Department for Business, Energy and Indust...

BTS PLAYS ANCHOR IN PROMOTING AILING SOUTH KOREAN TOURISM INDUSTRY.

• A tourism promotional video featuring K-pop superstars BTS introducing travel spots in the South Korean capital will be streamed this week, the Seoul city government said Thursday.
• While the novel coronavirus has put the brakes on the global tourism industry, the city governmen...

SOUTH KOREA PERMITS PROTECTIVE FACE MASK EXPORTS AFTER LONG HIATUS

• South Korea will permit the export of face masks that can be used to prevent the spread of the novel coronavirus, the Korea Food and Drug Administration (KFDA) said Thursday.
• The move comes as production of surgical and anti-droplet masks in the country have stabilized and earl...

$1 MILLION FOR ASEAN COUNTRIES AS COVID-19 RESPONSE FUND FROM JAPAN

Highlights –

• $1 million for ASEAN countries as COVID-19 response fund from Japan.
• Japanese Foreign Minister Toshimitsu Motegi announced the same on Wednesday.
• China and South Korea have also pledged to contribute to the fund.
...

WOMEN REPRESENTATIVES HIGHEST IN DECADES IN SOUTH KOREA’S PARLIAMENT

• The proportion of female lawmakers in South Korea's parliament, as well as that of female ministers in the Cabinet, has scaled an all-time peak, data revealed on Saturday.
• According to the gender equality ministry and Statistics Korea, 57 women were nominated for in the Apr...

SINGAPORE TO RESUME WORK TRAVELS WITH SOUTH KOREA AND BRUNEI

HIGHLIGHTS

• A fast track lane for inhabitants of Singapore and South Korea will open on Friday (Sept 4) for the individuals who need to make basic business trips between the two nations, the Ministry of Foreign Affairs (MFA) said in an announcement on Wednesday.<...

TYPHOON BAVI TO HIT NORTH KOREAN SHORES AMIDST FEARS OF COMATOSE LEADER

• TYPHOON BAVI is on course to hit South Korea, North Korea and Japan this week, with dangerous gusts of 97mph as fears for North Korean leader Kim Jong-un grow.
• Typhoon Bavi formed in the Pacific Ocean last week, before growing in magnitude to reach wind speeds of 97mph, with fo...

SOUTH KOREAN DOCTORS HEADSTRONG IN GOING AHEAD WITH STRIKE

• South Korean doctors on Saturday refused to halt their agitation over health reform bills, even after the government announced it would delay the most differing views of the plan until after the current coronavirus crisis.
• In a public message Saturday decrying the strike called...

SOUTH KOREA IS STARING AT HIGHEST COVID-19 CASELOADS IN PAST FIVE MONTHS

• South Korea’s daily COVID-19 count exceeded 300 on Friday.
• It was the peak figure in over five months, as locally transmitted infections continue to erupt in the Greater Seoul area.

The new daily case number reached 324, raising the total caseloa...

BRUSSELS PROBES POLAND’S € 95 MILLION SUPPORT FOR LG CHEM

HIGHLIGHTS

• The European Commission has opened an investigation into € 95 million of public support received by LG Chem Group from Poland.
• Poland wants LG Chem Group to expand the battery cell production facility for electric cars in Poland.
...

US AND S. KOREA RESUME JOINT MILITARY EXERCISES AFTER VIRUS-LED DELAY

• South Korea and the United States commenced with ongoing drills on Tuesday following a coronavirus impacted delay.
• With the drills most likely to antagonize North Korea which has long considered these rehearsals as a sign of invasion.

The drills come i...

LESS-TRAVELLED HOLIDAY SPOTS-CURRENT FLAVOR FOR WARY TRAVEL-SEEKERS

• Travel broadens one’s mind and it is true to the core.
• While the COVID-19 pandemic has drastically altered everyone’s life one way or the other, one of the sectors that has fallen by the wayside is the tourism industry.

The tourism industry...

SOUTH KOREA ‘S LANDSLIDE GAMBIT OPERATING PASSENGER PLANES AS FREIGHT CARRIERS

• South Korea’s prominent national airline carriers Korean Air and Asian Airlines surprised the flailing market last week by registering an operating profit in the second quarter, while major airlines across the world was caught in a quagmire suffering losses due to the pandemic.
...

NIPPON STEEL CORP. FILES APPEAL OVER THE COURT-ORDERED SEIZURE OF ITS ASSETS IN SOUTH KOREA

Highlights –

• Nippon Steel Corp. files appeal over the court-ordered seizure of its assets in South Korea.
• South Korea and the Japanese steel making company are under dispute for wartime labor compensation.
• The Japanese company was or...

DOWNPOUR AND INFAMOUS PANDEMIC SAPS KOREAN HOLIDAY FERVOUR

• The first few days of August are a rousing summer vacation season in South Korea.
• Highways to popular hallmarks are clogged, every inch of beach space is covered by milling people and life takes a breather in normally hectic Seoul.

But this year, a dou...

SOUTH KOREAN SHIP BUILDERS INK DEALS WORTH 1 TRILLION WON

• South Korean shipbuilders have won orders consecutively one after another in recent months after failing in the first half of this year.
• Expectations are growing that they will continue to win more liquefied natural gas carrier (LNG) orders in the latter half despite the pandem...

S. KOREA SECOND-BEST ECONOMY AMONGST FOURTEEN ILLUSTRIOUS NATIONS

• South Korea's economy diminished by 3.3 percent in the second financial quarter from a quarter earlier.
• But it fared comparatively well as compared with other major economies, data clearly showed on Sunday.

South Korea's gross domestic product ...

CREW ABOARD DOCKED RUSSIAN SHIP IN BUSAN CARRIERS OF CORONAVIRUS

• Crew members of the Russian ship docked in Busan Port have tested positive for COVID-19 anew.
• One more local worker from a ship repair company in Busan also contracted the virus.

This 7,700-ton Russian ship docked inland in Busan Port on July 8.Of the ...

SOUTH KOREA’S STOCK MARKET FELL ON BLEAK U.S. DATA

Highlights:

• South Korea’s stock market has slumped on Friday as bleak US data has questioned the global recovery hopes.
• The US economy has suffered the biggest loss in the second quarter since the Great Depression due to the coronavirus pandemic...