Korea English Magazine

The 2026 plan for selecting and awarding top schools and students in National Technical Qualifications, announced by the Ministry of Employment and Labor, provides significant motivation for educational institutions and students dedicated to cultivating specialized technical talent. Every year, countless students work tirelessly, day and night, to obtain the certifications required in industrial fields, and … Read more

As the Middle East’s share in South Korea’s core petroleum energy supply chain gradually declines, expanding imports of U.S. crude oil is emerging as a new alternative. With the Middle East war dragging on, geopolitical risks such as the blockade of the Strait of Hormuz have intensified, prompting domestic refiners to make every effort to … Read more

If you are looking for a stable life after retirement, utilizing pension insurance to design a long-term asset flow is far more advantageous than relying on standard savings or time deposits. Considering fixed monthly expenses and inflation, it is essential to have a mechanism that generates a consistent cash flow for a lifetime, rather than … Read more

Pension savings insurance is a representative financial product that allows you to receive tax deductions during your annual tax settlement while steadily building a stable retirement fund. Recently, as the preference for guaranteed interest rates over risky assets like stocks and bonds has grown, products offering annual interest rates in the 4% range are once … Read more

The appointment of former Minister Lee Jong-seop as Ambassador to Australia, a central figure in suspicions of external pressure on the investigation into the death of Marine Choi Sang-woo, has been ruled not guilty in the first-instance trial. While the court officially acknowledged for the first time that former President Yoon Suk-yeol was furious, it … Read more

The Kookmin University Anchor Project Team held a results sharing event for the “Video-Based AI Content Production Project” at the NC AI headquarters, unveiling video works created directly by students. This event was organized to share the outcomes of a non-curricular program that ran for approximately four months starting from last May. Participating students were … Read more

Hyundai Motor Securities recently issued a report projecting that LX Hausys will continue its earnings recovery, driven by the expansion of its B2C business and increased revenue in non-construction materials such as automotive materials and industrial films. The firm maintained its target price of 50,000 won and a “Buy” recommendation. With significant upside potential assessed … Read more

Deputy Prime Minister Baek Kyung-hoon visited livelihood sites and social welfare facilities across the country to practice warm comfort and sharing in celebration of Chuseok, the great traditional holiday of the Korean people. This initiative was organized to look after neighbors who are easily overlooked during the holiday season and to encourage the hard work … Read more

The race for the next Nonghyup Bank CEO has intensified into a fierce two-way contest between incumbent CEO Shin Hak-gi and Lee Hyung-ju, head of the Financial Intelligence Unit (FIU). Amidst this competition, issues regarding public official employment reviews and conflicts of interest have emerged as hot topics. The Nonghyup Bank CEO Candidate Recommendation Committee … Read more

Retirement pensions serve as a sturdy pillar supporting life after retirement, yet many employees find themselves at a loss regarding how to manage them effectively. To put it simply, actively utilizing a personal IRP (Individual Retirement Pension) account allows you to receive tax refunds ranging from hundreds of thousands to millions of won during your … Read more