Gov’t to exempt tariffs on increased shipping costs for Hormuz reroutes
Korea will exempt additional shipping costs from tariffs on imports rerouted due to the closure of the Strait of Hormuz, the finance ministry said Friday....
Author : Claire R. Peck
N. Korea’s Kim inspects service facilities set to open at new housing area in Pyongyang
North Korean leader Kim Jong-un inspected various service facilities set to open at a new housing district in Pyongyang, including car repair, pet and hair...
Dozens of countries discuss coalition to secure passage through Strait of Hormuz
Around 40 countries are discussing joint action to reopen the Strait of Hormuz, Britain said on Thursday, after U.S. President Donald Trump said securing the...
Labor board recognizes ’employer status’ of principal contractors for 1st time since new labor law enactment
A labor relations board Thursday recognized for the first time the “employer status” of principal contractors since the enforcement of a new labor law aimed...
How much could ‘KPop Demon Hunters’ songwriter earn? EJAE reacts to $34 mil. rumor
Singer-songwriter EJAE is fueling curiosity — and a bit of disbelief — over how much money could be coming from the global hit “KPop Demon...
Consumer prices rise 2.2% in March on surging oil prices
Korea’s consumer prices rose 2.2 percent in March from a year earlier, mainly due to a hike in global oil prices caused by prolonged tensions...
Trump claims Iran president wants ceasefire; no response from Iran
Iran hit an oil tanker off the coast of Qatar and Kuwait’s airport on Wednesday, while airstrikes battered Tehran even as U.S. President Donald Trump...
Philippines seeks safe passage for oil in Iran meeting
The Philippines has sought safe passage for desperately needed oil shipments in a meeting with Iran, a presidential spokeswoman said Wednesday, as the import-dependent archipelago...
Ruling party, gov’t confirm comprehensive survey of farmland ownership to curb property speculation
The government and the ruling Democratic Party of Korea (DPK) on Wednesday confirmed their plans to launch the country’s first-ever comprehensive survey of farmland ownership,...
N. Korea’s largest labor group calls for ‘full march’ to fulfill party’s 5-year economic plan
North Korea’s largest labor group has urged workers to carry out a “full march” to achieve the five-year national economic development plan adopted at a...