Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Sejong City Times.
South Korea’s Leader to Address U.S. Strategic Demands, North Korea with Trump
MENAFN
·
August 25, 2025
(MENAFN) South Korean President Lee Jae Myung announced Sunday he will address a wide array of critical topics, including North Korea and Washington’s push for strategic flexibility regarding US forces stationed in South Korea, during his...
South Korea Records Rise in 2023 Elderly Pension
MENAFN
·
August 25, 2025
(MENAFN) South Korea recorded a moderate rise in its senior pension payouts in 2023, extending a years-long upward trend, according to data released Monday by Statistics Korea. Elderly citizens aged 65 and above received an average monthly pension...
North Korea Rebukes U.S.-South Korea Joint Exercise
MENAFN
·
August 26, 2025
(MENAFN) Pyongyang has sharply criticized the joint war games conducted by the United States and South Korea, calling them a destabilizing threat to regional security. In a statement released by media on Tuesday, Kim Yong Bok, the first vice-chief...
South Korea, U.S. Gear Up for Nuclear Pact Discussions
MENAFN
·
August 24, 2025
(MENAFN) South Korea and the United States are reportedly preparing to initiate discussions on revising their nuclear energy agreement, with Seoul aiming for more flexible terms on activities like spent fuel reprocessing, media revealed Sunday,...
South Korea Confiscates Shares in Japanese Steel Corporations
MENAFN
·
August 24, 2025
(MENAFN) South Korea has confiscated shares in two Japanese steel corporations linked to ongoing lawsuits over forced labor during Japan’s colonial rule, media reported Friday. This action stems from legal claims filed by South Koreans who assert...
Trump Casts Doubts on South Korea’s Stability
MENAFN
·
August 26, 2025
(MENAFN) U.S. President Donald Trump publicly questioned South Korea’s political stability on Monday, days before his highly anticipated White House meeting with South Korean President Lee Jae-myung. “WHAT IS GOING ON IN SOUTH KOREA? Seems like a...
South Korea’s Leader Bound for Washington to Meet with Trump
MENAFN
·
August 24, 2025
(MENAFN) South Korean President Lee Jae Myung is concluding a pivotal two-day visit to Japan on Sunday, according to media, before proceeding to Washington for his inaugural in-person summit with US President Donald Trump. During his stay in...
South Korea’s Ex-PM Faces Possible Arrest Over Martial Law Case
MENAFN
·
August 24, 2025
(MENAFN) Former South Korean Prime Minister Han Duck-soo appeared for a third round of questioning Friday as prosecutors probe his alleged involvement in ex-President Yoon Suk Yeol’s failed attempt to impose martial law last December. Following...
Pacific General Expands Private Equity Presence in South Korea with Key New Hire
GlobeNewswire, Inc.
·
August 25, 2025
NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Pacific General, a New York based investment firm specializing in consumer and industrials private equity investments, announced today that Greg Yun has joined its private equity team as a Managing...
South Korea Cuts 2025 GDP Growth Outlook to 0.9 Percent
MENAFN
·
August 23, 2025
(MENAFN) The South Korean government on Friday revised its 2025 economic growth forecast downward by 0.9 percentage points, citing growing domestic and international uncertainties. The Ministry of Economy and Finance now projects the country's...
N. Korea Blasts South Korea-Japan Summit as Diplomatic Show
MENAFN
·
August 25, 2025
(MENAFN) North Korea harshly condemned the recent summit between South Korean President Lee Jae Myung and Japanese Prime Minister Shigeru Ishiba, labeling it “a diplomatic farce created by Seoul's anxiety to alleviate Washington's...
Japanese PM, South Korea’s Lee Vow Stronger Cooperation
MENAFN
·
August 25, 2025
(MENAFN) In a pivotal meeting held Saturday in Tokyo, Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae Myung pledged to deepen cooperation between their nations, focusing on trade, regional security, and trilateral...
South Korea Posts 7.6 Percent Growth in Exports
MENAFN
·
August 21, 2025
(MENAFN) South Korea’s exports posted a robust single-digit growth of 7.6% in the first 20 days of August, fueled by strong global demand for domestically produced semiconductors, automobiles, and ships, according to data released Thursday by the...
South Korea Unveils Three-Phase Plan to Drive North Korea’s Denuclearization
MENAFN
·
August 21, 2025
(MENAFN) South Korean President Lee Jae Myung has outlined an urgent three-stage strategy aimed at compelling North Korea to abandon its nuclear weapons program. The initial phase focuses on freezing Pyongyang's nuclear and missile activities,...
DPRK Rebukes U.S.-South Korea Military Exercise
MENAFN
·
August 23, 2025
(MENAFN) The Democratic People's Republic of Korea (DPRK) has strongly denounced the ongoing Ulchi Freedom Shield military exercise, a joint operation between the United States and South Korea, calling it highly provocative. The DPRK accuses both...
South Korea’s Foreign Debt Hits USD735.6B in Q2
MENAFN
·
August 20, 2025
(MENAFN) South Korea’s foreign debt surged for the second consecutive quarter, reaching $735.6 billion by the end of June, driven by sharp increases in both short- and long-term borrowing, Bank of Korea (BOK) data revealed on Wednesday. The...
South Korea Extends Detention of Former First Lady
MENAFN
·
August 20, 2025
(MENAFN) Authorities in South Korea have prolonged the custody of former First Lady Kim Keon Hee for an additional ten days, extending her detention through the end of August. This update was provided by prosecutors on Wednesday. The team working...
Saskatchewan to Strengthen Trade in China, Japan and South Korea
Government of Saskatchewan
·
August 22, 2025
CANADA, August 23 - Released on August 22, 2025 Engagement with Asia vital to preserving multibillion-dollar trade relationship Premier Scott Moe will lead a mission in early September to China and Japan to strengthen ties with two of the...
South Korea Plans Joining Multinational Drills
MENAFN
·
August 19, 2025
(MENAFN) For the first time, South Korea’s Marine Corps is set to participate in an annual multinational military training operation scheduled to occur in Indonesia, according to reports from a news agency on Tuesday. The joint exercise, known as...
South Korea, UK Agree on Accelerating Trade Deal Talks
MENAFN
·
August 19, 2025
(MENAFN) South Korea and the United Kingdom reached a mutual understanding on Monday to hasten discussions for a renewed bilateral free trade pact. The goal of this effort is to further strengthen economic ties and boost investment opportunities...