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 Household Debt Soars to Record USD1.41T
(MENAFN) South Korea’s household debt surged to an all-time high in the second quarter, driven by intensified mortgage activity and increased stock market investment funded by credit, according to data released Tuesday by the Bank of Korea (BOK)....

Kim Jong Un Condemns US, South Korea Drills
(MENAFN) North Korean leader Kim Jong Un has fiercely criticized the ongoing joint military exercises between the United States and South Korea, asserting that the drills reflect their intent to "ignite a war," as reported by a news agency on...

South Korea Plans Revival of North Korea Agreements
(MENAFN) South Korean President Lee Jae Myung has instructed government departments to begin preparing for a step-by-step enactment of prior arrangements made with North Korea, as highlighted by media sources. "I ask the relevant ministries to...

South Korean Peace Activists Urge End to Seoul-Washington Military Drills
(MENAFN) South Korean peace activists have called on Seoul and Washington to immediately cease their joint military exercises, warning that these drills only intensify military tensions on the Korean Peninsula. On Monday, combined South Korean and...

South Korea's Leader Public Support Slides to 68 Percent
(MENAFN) South Korean President Lee Jae-myung saw his public support dip last week, with his approval rating falling by 3.3 percentage points to 68.0%, according to a new survey released Monday by local pollster Flower Research. At the same time,...

South Korea Set to Dispatch Envoys to China
(MENAFN) South Korean President Lee Jae Myung is dispatching a delegation of special envoys to China next week, signaling Seoul’s intent to maintain stable ties with Beijing even as it deepens coordination with long-standing allies Japan and the...

South Korea, U.S. Launch Large-Scale Annual Military Drills
(MENAFN) The United States and South Korea commenced their large-scale annual joint military exercise Monday, aiming to bolster defense readiness against “threats” from North Korea, according to local reports. The Ulchi Freedom Shield (UFS)...

US, South Korea Begin Joint Military Drills
(MENAFN) The United States and South Korea commenced a major annual combined military exercise on Monday, aiming to reinforce their preparedness in response to perceived "threats" from North Korea, according to local reports. The 11-day operation,...

South Korea Witnesses Sharp Rise in Cyberattacks
(MENAFN) South Korea’s defense forces intercepted over 9,200 cyber intrusion attempts in the first half of 2025, reflecting an almost 45% increase compared to the same timeframe last year, according to reports from local news outlets on Sunday....

South Korea Foils Over 9,200 Cyberattacks in 2025
(MENAFN) South Korea’s military repelled over 9,200 cyberattacks in the first six months of 2025 — a staggering 44.7% surge from the same period last year, according to local reports citing data obtained by Rep. Yu Yong-weon of the main opposition...

Japan Condemns South Korean Research Vessel Near Contested Islets
(MENAFN) Japan has formally protested against a South Korean research ship operating near contested islets in the East Sea, also referred to as the Sea of Japan. Masaaki Kanai, chief of the Japanese Foreign Ministry’s Asian and Oceanian Affairs...

Apartment Fire Leaves Two dead, 13 Injured in South Korea
(MENAFN) Two fatalities and 13 injuries resulted from a fire that erupted Sunday morning in a Seoul apartment complex, a local news agency reported. The blaze ignited around 8:10 a.m. local time (2310 GMT Saturday) in a 20-story residential...

From Legal Work to Settlement: JABLY Takes on the Global Market with AI-Based Personalized HR SaaS
JABLY develops AI-powered HR SaaS to guide foreign students in Korea from legal work to E-7 visa jobs, aiming for global SaaS launch by 2026. PANGYO, GYEONGGI-DO, SOUTH KOREA, August 19, 2025 /EINPresswire.com/ -- A new startup is making waves...

S. Korea Automobile Exports Climb 8.8 Percent in July
(MENAFN) South Korea’s automobile exports climbed for the second straight month in July, fueled by surging demand from Europe and Asia, according to government data released Tuesday. The Ministry of Trade, Industry and Energy reported that...

Seven Get Hit by Train in S. Korea, Two Reported Dead
(MENAFN) Two railway employees lost their lives and five others were injured Tuesday after being struck by a passenger train in southeastern South Korea, a local news agency reported. The incident occurred around 10:50 a.m. local time (0150 GMT)...

South Korean Falconer Set to Make History at International Falcon Breeders Auction
South Korean Falconer Set to Make History at International Falcon Breeders Auction RIYADH, SAUDI ARABIA, August 14, 2025 /EINPresswire.com/ -- South Korean breeder Dong Kaj Shin is preparing to become the first falconer from South Korea to...

South Korea Poised to Reactivate Shin-Hanul 2 Reactor
(MENAFN) South Korea’s Shin-Hanul 2 nuclear reactor is set to resume operations after the country’s Nuclear Safety and Security Commission gave the green light on Thursday. A Seoul-based news agency reported the reactor had been offline since...

Fasoo Delivers CAD File Security Built for Semiconductor Supply Chain Collaboration
SEOUL, SOUTH KOREA, August 19, 2025 /EINPresswire.com/ -- Fasoo, the leader in data-centric security, today announced growing adoption of its file-centric collaboration and protection solutions in the semiconductor industry. In today’s...

South Korea's Tax Revenue Jumps in First Half of 2025
(MENAFN) South Korea's tax revenue surged in the first half of 2025, driven by increases in both corporate and income taxes, the Ministry of Economy and Finance reported Thursday. For the January to June period, tax revenue totaled 190.0 trillion...

South Korea Sees Increase in Import Prices for July
(MENAFN) Import prices to South Korea saw a notable increase in July, reversing a five-month decline, driven by the weakening of the Korean won against the U.S. dollar and a rise in crude oil costs, according to Bank of Korea (BOK) data released...