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 Seoul Daily Journal.
South Korea Reports Drop in Mobility for Third Month
MENAFN
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June 25, 2025
(MENAFN) South Korea's internal migration dropped for the third consecutive month, underscoring the nation’s worsening demographic crisis, according to data released Wednesday by Statistics Korea. In May, 473,000 people changed their residence...
South Korea’s President Forges Strategic Relations with Indonesia, Malaysia
MENAFN
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June 23, 2025
(MENAFN) On Monday, South Korean President Lee Jae Myung engaged in separate phone conversations with Indonesian President Prabowo Subianto and Malaysian Prime Minister Anwar Ibrahim to explore opportunities for deepening bilateral relations,...
South Korea’s President Demands Peace on Korean Peninsula
MENAFN
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June 24, 2025
(MENAFN) On Tuesday, just one day before the 75th commemoration of the Korean War, South Korean President Lee Jae-myung underscored the critical importance of establishing lasting peace on the Korean Peninsula. During a cabinet meeting, Lee...
South Korea’s Urban-to-Rural Farmers Dip for Third Year
MENAFN
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June 24, 2025
(MENAFN) Statistics Korea reported Tuesday that the number of city dwellers relocating to the countryside to pursue farming continued its decline for the third straight year, with figures dropping sharply into double digits. In 2024, only 8,243...
South Korea Withdraws from NATO Summit
MENAFN
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June 23, 2025
(MENAFN) Media reported Monday that South Korea has scaled down its role in this week's NATO summit in the Netherlands, citing internal issues and rising instability in the Middle East. President Lee Jae Myung will not be attending the high-level...
South Korea’s President Appoints Foreign, Defense Leaders
MENAFN
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June 23, 2025
(MENAFN) Nearly three weeks after assuming office, South Korean President Lee Jae Myung announced his top selections for the foreign and defense ministries on Monday. Media reports that Cho Hyun, the former first Vice Foreign Minister, has been...
South Korea's Forex Deposits Recover in May
MENAFN
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June 23, 2025
(MENAFN) Foreign currency deposits in South Korea bounced back in May after three consecutive months of declines, fueled by renewed interest in U.S. dollars, according to data released Monday by the country's central bank. Figures from the Bank of...
AgEagle Aerial Systems Announces 100th Drone Sale to South Korea as International Footprint Continues to Expand
GlobeNewswire, Inc.
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June 25, 2025
New eBee X units enhance capabilities across agriculture, urban planning, and strategic applications WICHITA, Kan., June 25, 2025 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of advanced drone and aerial imaging...
South Korea’s President Names Special Counsels for Yoon Probe
MENAFN
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June 22, 2025
(MENAFN) South Korean President Lee Jae-myung has named six assistant special counsels to back a fresh investigation into former President Yoon Suk Yeol, focusing on insurrection charges tied to Yoon’s unsuccessful martial law attempt last year,...
Prosecutors Move to Re-Arrest Former South Korean President Yoon
MENAFN
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June 24, 2025
(MENAFN) On Tuesday, South Korean prosecutors moved to secure a new arrest warrant for former President Yoon Suk Yeol. Special Prosecutor Cho Eun-seok, who is probing Yoon’s December 3 martial law declaration, submitted the request citing charges...
Samsung Postpones Completion of Texas Chip Facility as Buyers Vanish
MENAFN
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July 5, 2025
(MENAFN) Samsung has delivered a crushing blow to US semiconductor ambitions, postponing completion of its massive Texas facility due to a complete absence of buyers for the plant's production, media reported Thursday. The South Korean technology...
South Korea Pledges USD14.7B to Revive Economy
MENAFN
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June 19, 2025
(MENAFN) On Thursday, South Korea's President Lee Jae-myung’s administration introduced a supplementary budget totaling 20.2 trillion won (approximately 14.7 billion USD) aimed at reviving the nation’s economy, which has been weakened by U.S....
Support for S. Korea President rises in seconed month in office
MENAFN
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July 5, 2025
(MENAFN) Support for South Korea’s President Lee Jae Myung has surged to 65% as he enters his second month in office, following his victory in the June 3 snap presidential election. A recent Gallup Korea poll conducted from July 1 to 3 among 1,001...
South Korea, U.S., Japan Conduct Joint Air Drill
MENAFN
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June 18, 2025
(MENAFN) South Korea, the United States, and Japan executed a joint air exercise on Wednesday, marking their first collaborative drill since President Lee Jae Myung assumed office earlier this month. This event coincides with South Korea's renewed...
South Korea Reaffirms Commitment to UN Peace Efforts
MENAFN
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June 18, 2025
(MENAFN) a South Korean news agency has reported that South Korean President Lee Jae Myung reaffirmed his country’s commitment to supporting global peace initiatives led by the United Nations during a meeting with UN Secretary-General Antonio...
South Korea, Japan Forge Cooperation with U.S.
MENAFN
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June 18, 2025
(MENAFN) South Korea and Japan have committed to bolstering their collaborative efforts with the United States to address escalating geopolitical challenges, particularly those posed by North Korea, according to local reports on Wednesday. This...
Lee Jae Myung’s Popularity Rises Sharply
MENAFN
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July 5, 2025
(MENAFN) The approval rating of South Korea’s President Lee Jae Myung has climbed to 65 percent as he enters his second month in leadership following his election victory on June 3. According to a poll conducted by Gallup Korea, involving 1,001...
South Korea’s New Leader Urges Partnership with Japan
MENAFN
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June 17, 2025
(MENAFN) South Korean President Lee Jae-myung called for “better future” with Japan on Monday, underscoring the critical role both nations play in navigating a swiftly shifting global landscape, a local news agency reported. Delivering a video...
South Korea’s Inaugural PM Pledges Unwavering Leadership
MENAFN
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June 17, 2025
(MENAFN) Kim Min-seok, nominated as South Korea’s inaugural prime minister under President Lee Jae-myung, pledged to dedicate maximum effort in alignment with the directives of the nation’s 21st president. At a Tuesday press briefing in Seoul with...
South Korea’s Ex-Defense Minister Defies Court Bail Release
MENAFN
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June 17, 2025
(MENAFN) In a rare legal twist, South Korea’s former Defense Minister Kim Yong-hyun has contested a court ruling that approved his release on bail amid a high-profile insurrection case, asserting that the bail conditions actually prolong his...