Word: seoul
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...wasn't enough to keep his profit margins from eroding. In 2005, he grabbed for an economic lifeline: he became one of the first investors in the Kaesong Industrial Complex, a special economic zone in North Korea that lies just across the Demilitarized Zone (DMZ), 50 km north of Seoul. Kaesong is a symbol of South Korea's so-called "Sunshine Policy,'' the effort of the country's past two Presidents to draw the North and South closer through greater economic ties. For low-tech companies such as Sunghwa, that policy seems to be paying...
...Jong Il struck a deal with the U.S., Japan, Russia, China and South Korea to begin dismantling his nuclear program in exchange for aid and normalized relations with Washington, there has been a burst of cooperation between the two Koreas. In mid-December, a direct rail link opened between Seoul and the Kaesong Industrial Complex across the DMZ in the North, and work continues on a variety of other infrastructure projects, including extending the rail line all the way to the North's border with China. Not even South Korea's newly elected President Lee Myung Bak, a political hard...
...time, because for now it's just too close to reality. Viewers want to forget momentarily about bad things that are going on around them. Besides, they only have to switch on the TV or read the headlines to be reminded of how bad the war is. Hannah Jung, Seoul...
...their minds. Still, many observers are skeptical that the National Assembly investigation, even with such bombshell timing, will have much of an effect on the vote. "I don't think it will change the outcome of the election," says Paik Haksoon, a senior fellow at the Sejong Institute, a Seoul-based think tank. However, he adds, "it could lower support for Lee significantly." Assuming Lee wins at the ballot box, it's possible he could still face a criminal investigation; while the constitution prohibits the prosecution of a sitting President for any crime other than treason, it makes no mention...
...Indeed many Koreans admire Lee, a can-do former Seoul mayor and rags-to-riches industry tycoon with a personal fortune estimated at $38 million (making him the wealthiest among the presidential candidates). Lee grew up in a poor family in the east coast town of Pohang, became a senior executive at the conglomerate Hyundai at age 36 and played a role in the nation's rapid economic development in the 1970s and '80s. As mayor of Seoul from 2002 to 2006, Lee won praise for his management of the city, putting an end to recurring subway strikes and creating...