Seoul, Jan 20 (IANS) The South Korean government on Tuesday formally designated a 2024 knife attack on South Korean President Lee Jae Myung, which occurred while he was serving as Opposition leader, as a terror case, the prime minister’s office said.Prime Minister Kim Min-seok presided over a meeting of the National Counterterrorism Committee, which concluded that the stabbing of Lee, then leader of the main opposition Democratic Party (DP), constitutes an act of terrorism under the Act on Count…
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Seoul, Jan 18 (IANS) The number of companies operating in South Korea’s free economic zones rose 4.4 per cent from a year earlier in 2024, driving gains in employment and investment, the industry ministry said on Sunday.A total of 8,590 companies were operating in the country’s free economic zones at the end of 2024, up from 8,228 firms a year earlier, according to data from the Ministry of Trade, Industry and Resources, reports Yonhap news agency.Employment at those firms increased 8.8 percent …
Seoul, Jan 5 (IANS) GM Korea, the South Korean unit of General Motors, said on Monday that its annual sales dipped 7.5 per cent in 2025 from a year earlier, with sales slipping both at home and abroad.The company sold 462,310 vehicles last year, down from 499,559 units posted in 2024, the company said in a release, reports Yonhap news agency.Domestic sales plunged 39.2 per cent on-year to 15,094 units, and exports moved down 5.8 per cent to 447,216 units.In December alone, the carmaker’s domesti…
Bengaluru, Dec 23 (IANS) The 17th edition of the Bengaluru International Film Festival (BIFFES) will be held here from January 29 to February 6, Karnataka Chief Minister Siddaramaiah said on Tuesday after chairing a preparatory meeting for the event. Addressing a press conference, the Chief Minister said that senior actor, director and producer Prakash Raj has been appointed as the Brand Ambassador of the 17th International Film Festival.The inauguration ceremony of the festival will be held on …