General

(EDITORIAL from Korea Times on Aug. 8)

Amid Korea’s declining birthrate and aging population, 100 caregivers from the Philippines arrived in Seoul for a six-month pilot program to commence next month. If the program proves successful, the government plans to expand the initiative to 1,200…

Gov’t to devise new measures to prevent electric vehicle fires

The government plans to unveil a set of comprehensive measures to prevent electric vehicle fires next month, the environment ministry said Thursday, following recent blazes involving electric cars.

The ministry said it and other government agencies,…

KT&G Q2 net profit up 57.5 pct to 318 bln won

KT and G Corp. on Thursday reported its second-quarter net income of 318 billion won (US$230.9 million), up 57.5 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period rose 30.6 percent o…