Category: About Korea

The Jordan Tourism Board (JTB) on Monday announced a new collaboration with the team of the popular South Korean TV programme “The Great Guide 2”, aired on MBC every1, to film a special episode showcasing Jordan’s top cultural and tourist destinations. The initiative aims at enhancing the Kingdom’s position on the global tourism map, according…

The Constitutional Court unanimously upheld the impeachment of President Yoon Suk Yeol on Friday, removing him from office over his short-lived imposition of martial law in December. The verdict, which was read by acting court chief Moon Hyung-bae and televised live, took effect immediately, requiring the country to hold a snap presidential election to pick…

U.S. President Donald Trump announced plans Wednesday to impose a minimum 10 percent “baseline” tariff on all imports to the United States and “reciprocal” tariffs, including 26 percent duties for South Korea, as he seeks to reduce America’s trade deficits and bolster domestic manufacturing. Trump made the much-anticipated announcement on the baseline and reciprocal tariffs,…

Hyundai Motor Group’s decision to invest US$21 billion in the United States over the next four years is being seen as a bold strategic move to solidify its competitive edge in its single-largest national market, industry observers said Tuesday. The plan, unveiled by Hyundai Motor Group Executive Chair Euisun Chung, alongside President Donald Trump and…

Samsung Electronics Co. Chairman Lee Jae-yong has urged executives to adopt a “do-or-die” mindset to navigate the intense challenges posed by the new era driven by artificial intelligence (AI), industry sources said Monday. His call was made in a video message delivered to some 2,000 executives of the company’s affiliates undergoing education seminars since last…

South Korea’s exports increased 1 percent last month from a year earlier, rebounding from a decrease the previous month, thanks to an increase in overseas sales of computers and automobiles, data showed Saturday. Outbound shipments came to US$52.6 billion last month, compared with $52.1 billion a year ago, according to data compiled by the Ministry…

The South Korean government has decided to review establishing a formal diplomatic relationship with Syria following the recent fall of the Assad family’s half-century-long dictatorship, an official said Tuesday. An official at the foreign ministry revealed the plan after returning from a trip to Syria, where the official confirmed the Syrian interim government’s willingness to…

South Korea on Sunday donated $1.5 million to the United Nations World Food Programme (WFP) in the Kingdom to support its response to refugees. South Korean Ambassador to Jordan Kim Pil-woo stressed his country’s commitment to the WFP to save the lives of refugees. He noted that since 2011, Seoul has contributed more than $32…

Driven by rising semiconductor prices and increased exports, South Korea’s per capita gross domestic product (GDP) is estimated to have surpassed $36,000 last year. This marks the first time in three years that per capita GDP has exceeded this level since 2021, when it reached $37,503. If the South Korean economy expands this year as…