South Korea vowed Monday to move quickly on plans to provide $8 million worth of medical and nutritional aid for North Korean children through UN agencies while it also considers sending broader food aid to the country, which said it is suffering its worst drought in decades.
South Korea’s oil imports from Iran rose 17 percent in April from a year earlier, customs data showed on Wednesday, but shipments are set to end from May as waivers on US sanctions on Tehran expired at the start of this month.
South Korea is the real victim of the deadlock in nuclear negotiations between the United States and North Korea, says an analyst, adding that Seoul is concerned at the heightening tensions in Korean Peninsula.
South Korea collected 377.9 trillion won ($332.6 billion) in local and central government taxes last year, official data showed on Sunday, with the tax-to-gross domestic product (GDP) ratio rising sharply as more corporate taxes were collected on companies' stronger earnings.
Samsung Electronics on Friday released the Galaxy S10 5G, the world's first available smartphone with built-in fifth-generation communications technology, as South Korea seeks to build a lead in the transformative system.