Cheong Wa Dae revamps website to mark Lee's 300 days in office SEOUL, March 30 (AJP) - Cheong Wa Dae's official website was revamped on Monday to mark President Lee Jae Myung's 300th day in office, the presidential office said. Lee, who began his term in June last year without a usual two-month transition period following the ouster of disgraced former President Yoon Suk Yeol after the Constitutional Court upheld his impeachment over his botched Dec. 3, 2024 declaration of martial law was unable to put together a proper website and March 30, 2026

S. Korea considering participation after France invites Lee to June G7 summit SEOUL, March 28 (AJP) - South Korea is considering whether President Lee Jae Myung will attend the Group of Seven (G7) summit in June hosted by France, the presidential office said Friday. A presidential official said Seoul is “considering participation while taking into account diplomatic schedules and domestic and international circumstances.” “France conveyed its intention to invite South Korea to this year’s G7 summit during close consultations between March 28, 2026

Seoul enforces ban on naphtha exports for 5 months amid supply crunch SEOUL, March 27 (AJP) -South Korea will keep domestic naphtha at home after its shortage from the widened conflicts in the Middle East has crippled a cracking facility, sending downstream ripples across factory floors to plastic delivery bags and cartons. The Ministry of Trade, Industry and Energy on midnight Friday issued a gazette enforcing ban on naphtha exports immediately for five months as a part of a package of "wartime" measures that included deeper and longe March 27, 2026

South Korea Supreme Court overturns 2021 ruling dismissing forced labor claims SEOUL, March 26 (AJP) - South Korea’s Supreme Court belatedly confirmed Thursday that it has dismissed and ordered a retrial of a lower court decision that rejected a collective damages suit against Japanese companies filed by victims of wartime forced labor during World War Two. The Supreme Court said that on Feb. 12 that it upheld an appellate court decision overturning the Seoul Central District Court’s dismissal of the case. The proceedings date back to 2015 when March 26, 2026

Seoul deploys "wartime" policy arsenal to fight Gulf shockwaves SEOUL, March 26 (AJP) -South Korea is deploying “all possible” fiscal and policy tools — including a supplementary budget of around 25 trillion won ($18.7 billion), expanded fuel tax cuts and market stabilization measures — as it moves into what the government described as a “wartime” economic response to the prolonged Middle East conflict. “In the face of a grave wartime situation, we will mobilize all policy means and the optimal mix to e March 26, 2026

South Korea's fertility nears 1.0 as births, marriages post double-digit gains SEOUL, March 25 (AJP) — South Korea’s notoriously low fertility rate gained a meaningful boost to 0.99 in January — the highest since monthly tracking began in 2024 — but questions remain over whether it can continue to hold near 1. According to the Ministry of Data and Statistics on Wednesday, the number of births in January reached 26,916, up 2,817, or 11.7 percent from a year earlier, marking the highest January figure in seven years. Marriages also cont March 25, 2026

Cheong Wa Dae to form emergency task force to monitor Middle East fallout SEOUL, March 25 (AJP) - An emergency task force will be set up within Cheong Wa Dae to respond to potential economic shocks as the conflict in the Middle East drags on with no clear end in sight. During a press briefing at Cheong Wa Dae in central Seoul on Wednesday, Hong Ik-pyo, senior presidential secretary for political affairs, said the emergency situation room, led by presidential chief of staff Kang Hoon-sik, will be created, separately from the existing government-wide emer March 25, 2026

President Lee vows self-reliant defense amid Middle East tensions SEOUL, March 23 (AJP) - President Lee Jae Myung said Monday that self-reliant defense is the core of South Korea’s integrated defense strategy, citing increasingly complex and fluid global security conditions. “Self-reliant defense is the most important core of integrated defense,” Lee said while presiding over the 59th Central Integrated Defense Council at the Cheong Wa Dae in Seoul. The council, held annually, brings together senior officials across various na March 23, 2026

U.S. Iran oil waiver offers limited relief for Korea, little help for petrochemicals SEOUL, March 23 (AJP) - A temporary U.S. decision to allow the sale of Iranian oil already at sea is expected to ease near-term supply pressures, but offers limited relief for South Korea’s petrochemical sector struggling with naphtha naphtha shortages from Strait of Hormuz disruption. The U.S. Treasury Department has authorized a 30-day waiver covering Iranian crude loaded before March 20, a move aimed at injecting additional supply into global markets and stabilizing pric March 23, 2026

GULF CRISIS: Trump signals "winding-down" , Seoul joins statement on Iran SEOUL, March 21 (AJP) - U.S. President Donald Trump signaled a potential shift toward winding down military operations against Iran while he continuing to press key Asian allies, including South Korea, to take a more active role in securing the Strait of Hormuz, a critical global energy artery. South Korea belatedly joined a statement by Japan and other non-Gulf countries condemning Iran for weaponizing the Strait of Hormuz. In a post on Truth Social on Friday, Trump said Was March 21, 2026