What's Up Korea?

Welcome to my news blog. I will let you guys know the truly dynamic aspect of Korea. Please be interested and animated!

Friday, September 21, 2007

- Shon Hak-kyu returned to the UNDP primary. He suddenly disappered after vote results unexpectedly turned out to be disappointing to him and several problems arose in the primary process.

- An internal report from the budget ministry shows Seoul might divert some pf defense ministry budgets into inter-Korean economic cooperation funds. And it might create a new taw or 'peace lottery' if need be.

- President Roh hinted at discussing with Kim Jong-il on infrastructure construction in North Korea. Kim Jae-hyun, president of Korea Land Cooperation, replaces Byeon Yang-koon as an official attendant at the summit.

- The Fair Trade Commission levied fines of W3.39 bn and W1.61 bn on Hyosung and Hyundai Heavy Industries respectively for price fixing for 8 years.

- Government's project to help the poor get back on their feet failed to achieve its intended results. The project spent W663.2 bn from 2004 to 2006 but only 5.68 per cent of receivers succeeded to seek a living for themselves by landing a stable job.

- For the past 5 years, the Roh government has spent W12.1 trillion on job creation, but the unemployment rate, in fact, rose about 10 per cent.

- Asked on the children human rights abuse problems associated withPyongyang's Arirang performance, Lee Jae-joung, unification minister, told reporters "(North Korea's) human right issues should be interpreted differently according to the region's environment and characteristics."

On the question 'is it appropriated for President Roh to watch the performance for a long time that is believed to expose children rights abuse,' he said "judging whether it is human rights abuse or not is, in itself, inappropriate."

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