Entertainment, Education

Korea to spend W937.2b won in 2017 for Winter Olympic preparations

South Korea plans to spend 937.2 billion won ($779.7 million) this year in support for the 2018 PyeongChang Winter Olympic and Paralympic Games preparations, the sports ministry said Tuesday. The Ministry of Culture, Sports and Tourism said its 2017 budget for the Olympic preparations is down 49.4 percent from 2016, due largely to a decrease in costs of facility construction that has entered the final stretch. The ministry said 731.1 billion won has been earmarked for construction, a 55.1 percent [...]

Korean gov't to boost content industry to overcome THAAD fallout

South Korean government plans to assist the country’s entertainment industry that has been dealt a blow amid China’s anger over Seoul’s decision last year to deploy a U.S. missile defense system. China has openly criticized the Korean government’s plan to set up the U.S. missile defense system called THAAD on the peninsula, citing the move would harm its strategic interests in the region. In an apparent retaliation, China has restricted cultural exchanges in the tourism and entertainment sectors. It has stopped [...]

11 students honored for differences, achievements

Eleven young students with different cultural backgrounds from across the country received the fourth Korea Multicultural Youth Awards at a ceremony at the Korea Press Center in downtown Seoul, Thursday. The grand prize went to Im Su-hwan, 17, from Gimje, North Jeolla Province. Born to a Korean father and a Japanese mother, the student in his second year at Deogam High School was honored for his leadership, academic performance and volunteer work. “I have never received an award like this. It [...]

Graduate job seekers to outnumber employment openings for next 10 years

A government report showed Tuesday that the number of university and college graduates will exceed demands in the job market by 792,000 from 2014 to 2024. According to a Labor Ministry report on job prospects by college degree, 3.02 million four-year university graduates and 1.72 million two-year college graduates are expected to enter the job market from 2014-2024. But the number of available jobs for them in that time will be roughly 2.69 million and 1.25 million, respectively. The report pointed [...]