Tag: capital

capital

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Oceans Minister Hwang Jong-woo is seen in this photo taken March 23. [YONHAP]

New oceans minister vows efforts to turn southeastern region into Korea's maritime capital

New Oceans Minister Hwang Jong-woo on Wednesday vowed continued efforts to make the southeastern region into Korea's maritime capital, with an aim to foster balanced regional growth.

2026.3.25

Residents are seen in front of apartment buildings in Pyongyang's newly refurbished Hwasong district, in this image published by the state-run Korean Central News Agency on March 18. [YONHAP]

North Korea embarks on new project to modernize Pyongyang

North Korea has embarked on a new project to modernize its capital, Pyongyang, after leader Kim Jong-un pledged to turn Pyongyang into a global city during last month's ruling party congress, according to state media Wednesday.

2026.3.18

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Koo Yun-cheol, the minister of economy and finance, speaks during a Cabinet meeting at the Blue House in central Seoul on Feb. 3. [YONHAP]

Gov't to announce measures to ease impact of capital gains tax on multiple-home owners: Finance chief

The government will announce supplementary measures next week to mitigate the potential impact of its plan to end an exemption from heavy capital gains tax for owners of multiple homes, Finance Minister Koo Yun-cheol said on Thursday.

2026.2.5

Job seekers read notices for positions at a job festival held at Dongdaemun Design Plaza in Jung District, central Seoul, on Dec. 2. [YONHAP]

Young people who move to greater Seoul see nearly 25% rise in income

Young people who moved from provincial areas to the greater Seoul area saw their income rise by an average of 23 percent, according to a new report Wednesday.

2025.12.3

An employee organizes dollar bills at Hana Bank's Anti-Counterfeit Response Center in Jung District, central Seoul on April 1. [NEWS1]

Foreign capital inflows to Korean securities hit 2-year high in May: BOK

Foreign investment in Korean securities recorded the largest net inflow in nearly two years in May, supported by easing domestic political uncertainties and reduced concerns over the United States' trade policy, the central bank said Friday.

2025.6.13

Election candidates reignite calls to move presidential office, National Assembly to Sejong

The debate over relocating the presidential office to Sejong City has resurfaced ahead of the presidential election, with both legislative action and campaign pledges driving renewed attention.

2025.4.13

A shareholder sits down at an annual general meeting of Hanwha Aerospace on March 25 in Seongnam, Gyeonggi. [THE KOREA JOONGANG DAILY]

FSS requests revision of Hanwha Aerospace's 3.6 trillion won stock sale plan

The Financial Supervisory Service asked Hanwha Aerospace to submit a revised filing over its plan to raise 3.6 trillion won in capital through a stock sale, citing insufficient information for investors.

2025.3.28

This photo taken on March 18 shows apartment complexes in Seoul. [YONHAP]

Gov't adopts permission system for home transactions in 4 Seoul districts

The Seoul city government has temporarily adopted the "land transaction permission system" in the districts of Gangnam, Seocho, Songpa and Yongsan on the back of skyrocketing housing prices.

2025.3.19

A reinterpretation of Plato’s geomancy (KOR)

Policy proposals recklessly offered up by candidates to win votes in the April 10 parliamentary election are upsetting the country again.

2024.4.5

A reinterpretation of Plato’s geomancy