Category Archives: South Korea

South Korea | Kim-Moon agree to denuclearize Korean peninsula at Pyongyang summit

Leaders of the two Koreas agreed Wednesday to end military tensions and try to achieve complete denuclearization of the Korean peninsula.

Kim Jong-un, top leader of the Democratic People’s Republic of Korea (DPRK), and Republic of Korea President Moon Jae-in made the pledge at a joint press conference in Pyongyang.

South Korea | Korea News: North-South Relations

Moon and Kim to Meet again in September; U.S. Ambassador says “Too early” to End the Korean War

South Korea | South Korea cuts its work limit from 68 hours a week to 52

South Korea has lowered its maximum working hours from 68 hours a week to 52 hours. The legislation, which went into effect Sunday, received overwhelming support in the National Assembly in an effort to limit the time employees spend on the job..

South Korea has the third highest number of hours worked of 37 countries tracked by the Organisation for Economic Co-operation and Development, with the average person in South Korea working about 2,024 hours in 2017, or approximately 38.9 hours a week.
Mexico clocked the most time on the job with an average of 2,257 hours (about 43.4 hours a week) in 2017, and Costa Rica worked the second most with 2,179 hours (41.9 hours a week). On the other end of the spectrum, Germany and Denmark worked the least, with an average of 1,356 and 1,408 hours, respectively, in 2017, or 26 and 27 hours a week.
“Enforcement will be interesting,” Ellen Kossek, a professor of management at the Purdue University Krannert School of Management, said of South Korea. “I think it’s a good move in the right direction. I do know that they’re very worried about declining fertility rates as an economic problem. They’re also worried about health.”
The law first requires implementation by companies with more than 300 employees. Smaller companies must do so in 2020 and 2021.
Broader campaigns to improve work-life balance include turning off the power at Seoul City Hall on Friday evenings to encourage employees to go home.

Moon, Kim hold second summit in Panmunjom

President of the Republic of Korea, Moon Jae-in, and top leader of the Democratic People’s Republic of Korea (DPRK) Kim Jong-un held their second summit in Panmunjom on Saturday.

The ROK’s presidential office said the two leaders met on the DPRK side of the truce village Panmunjom from 3:00 pm to 5:00 pm local time on Saturday.

South Korea | Trump pulls out….for now

Listen to “Trump Blows Up Summit with Kim as North Korea Blows Up Its Nuclear Site” on Spreaker.