The National Tax Service has launched a council dedicated to promoting exports of Korea's traditional alcohols to tackle a rising liquor trade deficit, the tax agency reported

Hyundai Motor Group has surpassed Volkswagen Group for the first time in Q1 quarterly operating profit, becoming the world’s second-most-profitable carmaker, according to data and industry officials

The new National Assembly of 300 members selected in last week's general election will have no independent members for the first time in over five decades: 58 candidates without political party affiliation ran in 254 constituency, but none prevailed

An activist group led by ecologist Shin Joon Hwan would like to gradually replace all cherry trees of the Yoshino, or Tokyo cherry, variety with a type it claims is native to the country, since cherry trees are symbolic of Japanese colonial rule

Housing supply measures to favor households with newborns up to 2 years old came into effect to curb housing costs, one of the factors bringing the country’s fertility rate to the world's lowest level; 70.000 units per year are offered in the operation