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Global Economic

June 28, 2022

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  • Founder of Yeouido Full Gospel Church Rev. Cho Yong-gi dies

    2021.09.14 17:44

    Rev. Cho Yong-gi, the founder of the Yeouido Full Gospel Church, the world's largest church, passed away at the age of 86.Rev. Cho closed his eyes at 7:13 a.m. on the 14th at Seoul National University Hospital in Yeongeon-dong, Seoul. He hit his head against the door of the church's office, underwent surgery for symptoms of cerebral hemorrhage in July last year. Since his wife Kim Sung-hye (former Hansei University President) also passed away in February, their 3 sons, Heejun, Minje, and Seungje, are left as bereaved families.Rev. Cho was born in 1936 in Ulju-gun (currently Ulsan City), Gyeong

  • Silla era royal palace ‘Wolseong’ was built in the early 5th century, human sacrifice case confimed

    2021.09.08 17:53

    The construction date of Silla era’s royal palace ‘Wolseong’ and more evidence human sacrifice have been confirmed.The Gyeongju National Research Institute of Cultural Heritage (GNRICH) under the Cultural Heritage Administration has conducted the excavation research on the Wolseong west wall where two remains were found for human sacrifice from 2017, it discovered the construction date and construction method of Silla Wolseong, and additionally revealed the more evidences of human sacrifice by excavating of an adult female human bone. The human sacrifice for ritual is the first case of Kore

  • HK’s Pui Kiu College opens school in Longhua

    2021.09.08 09:20

    HONG KONG’S Pui Kiu College opened its Xinyi school in Long-hua District with 1,300 students enrolled from Shenzhen and Hong Kong at a ceremony yesterday. Carrie Lam, chief executive of the Hong Kong Special Administrative Region (HKSAR), Wang Weizhong, Shenzhen’s Party chief, and Tan Tieniu, deputy director of the Central Government’s Liaison Office in Hong Kong, attended the ceremony. The school plans to have 108 classes, but it currently has opened only 37 classes, including 21 for Hong Kong students and six for mainland students, according to a report from Shenzhen TV. English is used

  • Korea social distancing to be gradually loosened from the end of October … Keep masks till the end

    2021.09.08 09:08

    Jung Eun-kyeong, commissioner of the Korea Centers for Disease Control and Prevention (KCDC) announced that ‘step-by-step daily recovery’ is the plan that gradually ease the social distancing depending on the risk of COVID-19, but people must ‘keep mask’ until the end. KCDC is currently considering that this plan will be possible after the end of October, when the second vaccination of more than 80% of adults, including the elderly, is completed.Asked by Shin Hyun-young of the Democratic Party of Korea at a plenary session of the National Assembly's Special Committee on Budget and Accounts

  • City sees the least hazy days in 32 years

    2021.09.03 09:20

    SHENZHEN recorded only three hazy days last year, the lowest number since 1988, a major victory in the city’s battle against air, water and soil pollution, according to a government report delivered to a local legislature meeting Tuesday. The number was nine in 2019. The annual average PM2.5 concentration was reduced to 19 micrograms per cubic meter in 2020, the best in the city’s air quality monitoring history. The days with good air quality also reached 97 percent of the total days. In terms of water treatment, 159 blackened and smelly rivers have been cleaned up. The water quality of the

  • Korean Watermelon on South Pole… Indoor farm of Antarctic King Sejong Station starts harvest

    2021.09.02 09:20

    Korea has succeeded in growing and harvesting fruit vegetables such as watermelons and tomatoes for the first time since entered Antarctica.The Korea Polar Research Institute announced on the 1st that the indoor farm supplied to the Antarctic King Sejong Station in January this year by with Rural Development Administration had been successfully operated and sown by the base crews in May.Since June, the crew has produced 1∼2㎏ of leaf vegetables, including lettuce, and has harvested cucumbers, zucchini, and peppers since mid-July.In the middle of last month, the fruit vegetables, watermelons a

  • ‘K-beauty Center’ will be open in Myeong-dong… free makeup event for vaccinated people

    2021.08.31 09:17

    The government has decided to open K-beauty experience center in Myeong-dong, Seoul. Visitors who completed vaccination against COVID-19 can receive free makeup service by professional artists. The Ministry of Health and Welfare announced on the 30th that it will test-run the ‘K-beauty Experience and Promotion Center,’ which Korean cosmetics produced by small-and-medium-sized business can be experienced, from September 1st. The K-beauty center was prepared to display, experience, and promote small-and-medium-sized companies’ cosmetic products that developed with excellent quality but did no

  • EduSkills, AICTE and Ministry of Education launched 5 Lakh virtual internships

    2021.08.27 17:45

    On account of AICTE Internship Day, Chairman AICTE Prof. Anil D. Sahasrabudhe launched the virtual internship program offered by EduSkills, AICTE and Ministry of Education (MoE). 5,00,000 internships will be offered to the students of Engineering colleges & polytechnics and it's supported by Global Corporates like Amazon Web Services, Juniper Networks, Blue Prism, Palo Alto Networks, Red Hat, and Celonis.This campaign is a contribution to our Hon'ble Prime Minister Narendra Modi's vision for our nation. He has plans to provide 1 crore internships in different skills by 2025. This program is th

  • Work starts on world’s largest Legoland park in Dapeng

    2021.08.27 17:31

    CONSTRUCTION on Legoland Shenzhen Resort started Thursday in Dapeng New Area, sources from Merlin Entertainments Group, the project operator, said. The total project investment will be around 7 billion yuan (US$1.08 billion). It is expected to put into operation in 2024. Legoland Shenzhen Resort, covering an area of roughly 580,000 square meters, will be the world’s largest Legoland park, according to the group. Upon completion, the Shenzhen resort will encompass a Lego theme park (262,700 square meters), a Legoland Discovery Center (103,000 square meters), a Legoland Water Park (96,500 squar

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Headline

S. Korea logs record current account surplus with U.S. and Southeast Asian

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