The Minister of Foreign Affairs of South Korea issued a warning on Wednesday that if North Korea goes forward with its planned nuclear test on July 27th, it will almost certainly face stronger limitations, including measures to impair its capabilities to engage in cyberattacks. Since May, President Yoon Suk-yeol nominated top diplomat Park Jin has stated that North Korea has …

Korea – According to reports in the media, North Korea has eased movement restrictions that had been enforced in its capital city of Pyongyang after the government made its first admission of a Covid-19 breakout some weeks ago. The isolated country claims that the virus issue is now under control. Since the declaration of a state of emergency and the …

South Korea – As worry about a North Korean nuclear test rises, US President Joe Biden landed in South Korea on May 20 for his first Asia tour as US leader, with the goal of strengthening relations with regional security partners. Biden wants the visit to draw on recent actions that have accelerated the US‘s years-long pivot to Asia, where …

Korea – Korea has rebounded successfully from the pandemic, owing to solid economic foundations and timely governmental actions. Despite repeated rounds of infections, economic production has reached pre-crisis levels. The recovery was aided by excellent pandemic containment, which included quick vaccination last year, as well as aggressive economic policy assistance, which helped to reduce economic scarring, preserve income growth, and …

ASEAN – Netflix has scored another success with the new Korean series Squid Game, which is on track to become the streaming service’s highest-rated series of all time. According to co-CEO Ted Sarandos, the Korean dystopian horror thriller is on pace to become the streaming service’s most popular program in a language other than English. Sarandos, who is also Netflix’s …

SEOUL – The Korean financial industry has mentioned the Southeast Asia region as the place where they want to establish its presence over the next three years to accomplish the country’s new three-year plan. South Korea’s FSC (Financial Services Commission) has announced three-year plan (2020-2022) and the expansion in ASEAN countries among one of the three major strategies for the …