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 South Korea Gazette.

South Korea’s Leader Approval Rating Climbs to 74.7 Percent
(MENAFN) South Korean President Lee Jae-myung’s approval rating climbed by 1.1 percentage points last week, reaching 74.7 percent, according to a recent weekly poll released Monday. Negative evaluations of Lee’s handling of state affairs dropped...

South Korean Ex-Leader Faces Treason Probe
(MENAFN) A special investigative team in South Korea conducted a series of raids on Monday amid claims that ex-President Yoon Suk Yeol orchestrated a clandestine drone mission into North Korean territory. The alleged goal was to incite a military...

South Korea Reports Rise in June Unemployment Claims
(MENAFN) Jobless claims in South Korea climbed last month, driven by growing employment demand across the manufacturing and construction sectors, according to official data released Monday. The Ministry of Employment and Labor reported that 86,000...

South Korea, U.S., Japan Conduct Joint Aerial Exercises
(MENAFN) South Korea, the United States, and Japan conducted joint aerial exercises Friday aimed at bolstering their combined defense capabilities against North Korea's advancing nuclear and missile programs, the South Korean defense ministry...

South Korean Medical Students Announce End to Boycott
(MENAFN) South Korean medical students declared on Saturday that they will conclude their prolonged boycott and return to medical school, according to a Seoul-based news agency. This announcement came from the Korean Medical Student Association...

HIVEX and the City of Daegu Join Forces to Drive Cross-Border Mobile Payment Innovation for Travelers to South Korea
SUNNYVALE, CA, UNITED STATES, July 17, 2025 /EINPresswire.com/ -- Known as the hometown of many K-pop stars and a hub of culture and creativity, the City of Daegu, South Korea is embracing fintech innovation to welcome visitors from Taiwan, with...

U.S. Presses South Korea to Spearhead Massive Manufacturing Fund
(MENAFN) The United States has reportedly requested South Korea to spearhead a multi-billion-dollar “manufacturing cooperation enhancement fund” during ongoing tariff negotiations, according to a Wednesday report. The fund aims to strengthen...

Ousted South Korean President Seeks Legal Review of Arrest
(MENAFN) South Korea’s deposed president, Yoon Suk Yeol, has submitted a formal request to a regional court for a reassessment of his incarceration, as reported by a news agency, which operates out of Seoul. The appeal was filed on Wednesday,...

AeroBase Group Expands Digital Access Across Japan, South Korea, and Taiwan
SAINT AUGUSTINE, FL, UNITED STATES, July 15, 2025 /EINPresswire.com/ -- AeroBase Group, Inc., a leading global distributor of aerospace, defense, and medical components, announced the launch of new localized websites to better serve clients in...

N. Korea Denounces U.S.-Japan-South Korea Military Exercise
(MENAFN) The Democratic People's Republic of Korea (DPRK) sharply criticized a recent joint military exercise conducted by the United States, Japan, and South Korea, labeling the trilateral operation as a primary factor escalating military...

South Korea's Tax Revenue Sees Notable Increase
(MENAFN) South Korea's tax income saw a notable increase in the first five months of 2025, driven by stronger corporate and income tax collections, according to government figures released Thursday. Data from the Ministry of Economy and Finance...

South Korean Court Approves Arrest Warrant for Ex-President Yoon
(MENAFN) A Seoul court on Thursday approved a second arrest warrant for former South Korean President Yoon Suk-yeol in relation to his controversial martial law declaration last December, according to media. The Seoul Central District Court...

S. Korea’s Ex-President Yoon Faces Arrest Warrant Over Election Scandal
(MENAFN) A warrant for the arrest of former South Korean President Yoon Suk-yeol has been authorized by a court to compel his appearance for questioning amid allegations of election interference, according to a special counsel team on Thursday....

S. Korea’s Leader Says U.S. Tariff Deal Will Ease Trade Pressures
(MENAFN) South Korean President Lee Jae Myung on Thursday announced that a long-anticipated tariff agreement with the United States will significantly reduce economic "uncertainties" for Seoul’s heavily export-driven economy. In a Facebook post,...

South Korea Stands Firm on U.S. Troop Deal
(MENAFN) South Korea on Wednesday stood by its current cost-sharing deal with the United States, responding to recent remarks by President Donald Trump urging Seoul to take on the full financial burden of its defense, media reported. “Our...

South Korea’s Defense Nominee Calls to Restore Military Pact
(MENAFN) Ahn Gyu-back, the nominee for South Korea’s Defense Minister, emphasized the importance of reinstating the inter-Korean military tension reduction agreement as the new administration aims to improve relations with North Korea, according...

South Korea Stresses Need to Reinstate 2018 North Korea Pact
(MENAFN) South Korean Defense Minister nominee Ahn Gyu-back emphasized the importance of reinstating a suspended inter-Korean military de-escalation pact, according to a local news agency on Wednesday. The move comes as the newly formed government...

South Korean households witness increases in surplus funds
(MENAFN) South Korean households saw a continued rise in their surplus funds for the third straight quarter, driven largely by increased holdings in deposits and securities, according to recent data from the country’s central bank. Reports...

South Korea’s Economy Struggles
(MENAFN) The South Korean economy continues to face challenges, impacted by fragile domestic demand and increasing external uncertainties, particularly due to the US’ "aggressive" tariff policy, among other contributing factors, according to a...

South Korea’s Economy Slides Amid Tariff Concerns
(MENAFN) South Korea’s economy continues to struggle, dragged down by sluggish domestic demand and escalating external risks linked to the United States’ “aggressive” tariff stance, according to a state-run think tank’s report released Tuesday....