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’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...
South Korea’s New President Kicks Off First Oversees Mission to Canada
MENAFN
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June 16, 2025
(MENAFN) South Korea’s newly sworn-in President Lee Jae-myung kicked off his first international visit on Monday by heading to Canada to participate in the G7 summit, according to a news agency from Seoul. During his three-day trip, Lee will...
South Korea Vows “Stern Measures” Over Anti-North Leaflets
MENAFN
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June 15, 2025
(MENAFN) South Korean President Lee Jae-myung on Saturday ordered strict enforcement against individuals sending anti-North Korea leaflets across the border, warning that such actions put civilians at risk and increase tensions with Pyongyang. The...
Apple Seeks South Korea’s Approval to Export Detailed Map Data
MENAFN
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June 17, 2025
(MENAFN) Apple, the American smartphone giant, has formally requested South Korea’s government permission to export highly detailed map data beyond its borders, mirroring a recent application from Google, a local news reports. This marks Apple’s...
South Korea, Australia Agree to Bolster Ties
MENAFN
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June 12, 2025
(MENAFN) South Korean Leader Lee Jae-myung and Australian Premier Anthony Albanese reached a mutual understanding on Thursday to deepen their partnership in military and essential mineral sectors, as reported by local media outlets. During a...
South Korea’s Fiscal Shortfall Climbs
MENAFN
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June 12, 2025
(MENAFN) South Korea's budgetary gap expanded to over 46 trillion won (USD33.6 billion) throughout the initial four months of 2025, representing the third-largest deficit ever logged for the January-to-April stretch, according to a Thursday report...
South Korea Attempts to Mend Ties with North
MENAFN
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June 12, 2025
(MENAFN) South Korea’s recently elected Leader, Lee Jae-myung, has decided to pause the anti-North Korea propaganda transmissions at the border, aiming to “rebuild trust” and alleviate strained relations. This move follows a period of deep...
South Korea’s Fiscal Deficit Sees Sharp Rise in Early 2025
MENAFN
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June 12, 2025
(MENAFN) South Korea’s fiscal deficit climbed to more than 46 trillion won ($33.6 billion) during the first four months of 2025, marking the third-largest gap recorded for the January-April timeframe, according to a report from a Seoul-based news...
South Korea Posts Sharp Rise in Tax Revenue
MENAFN
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June 12, 2025
(MENAFN) South Korea’s tax collections rose sharply in the first four months of 2025, driven by stronger corporate and income tax receipts, according to government figures released Thursday. From January through April, tax revenue reached 142.2...
South Korea, Vietnam Forge Stronger Ties Across Multiple Sectors
MENAFN
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June 12, 2025
(MENAFN) South Korean President Lee Jae-myung and Vietnamese President Luong Cuong held a phone call on Thursday, during which they committed to strengthening bilateral relations by expanding collaboration across multiple sectors. According to a...
South Korea Stock Market Hits 3-Year Peak
MENAFN
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June 12, 2025
(MENAFN) South Korea’s benchmark stock market index experienced a sharp upswing, reaching its highest point in over three years, largely fueled by robust performances in technology and automobile sectors. According to a news agency, the rally was...
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 Korean Household Loans Soar for Fourth Straight Month
MENAFN
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June 11, 2025
(MENAFN) Household borrowing from South Korean banks rose for the fourth consecutive month, driven by a robust appetite for mortgage loans, according to fresh data released Wednesday by the Bank of Korea (BOK). By the end of May, household debt...
South Korean Fighter Aircraft Crashes During Exercises in Alaska
MENAFN
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June 11, 2025
(MENAFN) A South Korean KF-16 fighter jet sustained damage during joint air exercises with the United States in Alaska, according to a media report released on Wednesday, citing the South Korean military. The mishap took place during takeoff at...
South Korean Jet Gets Damaged in Alaska Drills
MENAFN
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June 11, 2025
(MENAFN) A South Korean KF-16 combat aircraft sustained damage while engaging in joint aerial exercises with the United States in Alaska, according to a report by a news agency on Wednesday, which referenced South Korea’s armed forces. The mishap...
South Korea Reports Modest Exports Growth in Early June
MENAFN
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June 11, 2025
(MENAFN) South Korea recorded modest export growth in the first 10 days of June, driven by robust global demand for semiconductors and automobiles, according to data released Wednesday by the Korea Customs Service. Between June 1 and June 10, the...
GEN Korean BBQ Expands Internationally with First South Korean Location
GlobeNewswire, Inc.
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June 16, 2025
CERRITOS, Calif., June 16, 2025 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature “grill at your table”...
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...