Tag: South Korea

Tweet of the Day: Moon Administration Wants High School Students to Vote

Tweet of the Day: Loyalty for Employee Retention

Picture of the Day: Fall Colors on South Korean Coast

Seaside road on S. Korea's southern coast

This photo released by the Namhae municipality shows the scenery along the winding Mulmi Seaside Road in the town of Namhae, South Gyeongsang Province, on South Korea’s southern coast on Nov. 14, 2018, with trees around the area displaying their autumn colors. (Yonhap)

South Korean Army Used Demolitions to Destroy Some of Their DMZ Guard Posts

More DMZ guards posts have come down:

South Korea has blown up some of its own guard posts within the Demilitarized Zone as part of efforts to implement an inter-Korean military agreement.

The Ministry of National Defense said on Thursday that although it is using excavators to destroy many of the DMZ guard posts, considering concerns about safety and environmental protection, some posts located on hillsides had to be destroyed using explosives.

The ministry also unveiled photos that were taken last Sunday showing how the North Koreans were destroying their own guard posts.

The photos featured North Korean soldiers demolishing the military structure using large-sized hammers.   [KBS Global]

Korean Authorities Vow to Crackdown on Youtube Tax Evasion

For people who live in Korea and are making money from Youtube channel monetization, then yes they should be paying their taxes.  Anyone want to make a bet that every conservative with a Youtube channel will be audited to make sure they are paying taxes?:

Korean tax authorities are vowing to crack down on high-earning YouTubers to ensure that they are paying their taxes in full.

Last month, National Tax Service (NTS) Commissioner Han Sung-hee promised to take measures to “prevent tax evasion” by well-paid YouTubers during the National Assembly’s annual questioning session.

Han said that while the NTS had only advised 513 YouTubers to pay income taxes in the past, it was open to launching investigations into those who have not voluntarily declared taxes.

Starting in October, the tax authorities have been looking into YouTubers’ tax returns and verifying their authenticity. The NTS plans to finish verifications by the end of the year and launch investigations into suspicious individuals from next year.

“We are now collecting information on YouTubers who are suspected of not paying taxes,” said one tax official who requested anonymity. “We receive records on individuals who earn over $10,000 in foreign currency per year from the Bank of Korea.”  [Joong Ang Ilbo]

You can read more at the link.

South Korean Companies Layoff Thousands of Workers Ahead of Minimum Wage Increase

This news is about as surprising as North Korea maintaining missile bases:

Small and mid-sized companies are laying off workers ahead of another 10.9-percent hike in the minimum wage in January to stay afloat.

According to the Korea Employment Information Service, a total of 497,314 workers were laid off by small and mid-sized companies and applied for unemployment support in the third quarter of this year, up a whopping 37,710 compared to the same period of 2017.

This was the biggest rate of increase for the third quarter since the government started tallying statistics in 2010. Over the same period, 110,000 workers were laid off by big businesses, up 14 percent. That means the government has handed out W5.5 trillion in unemployment support in the first 10 months of this year, already surpassing last year’s total of W5.02 trillion (US$1=W1,130).  [Chosun Ilbo]

You can read more at the link.

Tweet of the Day: Raise Suspicion?

Picture of the Day: DMZ Border Guard Post Destroyed

Koreas withdraw border guard posts

Army Chief of Staff Gen. Kim Yong-woo (C) inspects the destruction of a South Korean guard post inside the Demilitarized Zone separating the two Koreas at the central section of the inter-Korean border in Cheorwon, Gangwon Province, on Nov. 12, 2018, in this photo released by the Army. Ministry officials said South and North Korea have each withdrawn troops and firearms from 11 guard posts as of Nov. 10 for their complete demolition, one of the inter-Korean military agreements aimed at easing cross-border tensions. (Yonhap)

North Korea Unhappy with Joint ROK-US Marine Drill

I was wondering how long North Korea would wait before complaining about this announced joint exercise:

North Korea has stepped up criticism of South Korea and the United States for their resumption of joint marine exercises, calling the move a military act against the ongoing peace momentum on the Korean Peninsula.

The verbal provocation came a week after the allies resumed the marine drills, the Korea Marine exercise Program (KMEP), for two weeks in Pohang, North Gyeongsang Province. Seoul and Washington suspended a series of joint military drills this year in consideration of the reconciliatory relations between the two Koreas, but the allies decided to resume the drill to enhance defense readiness here.

“Seoul and Washington should stop such a military act and remain consistent in the ongoing tension-easing on the peninsula by stopping any military exercises,” Rodong Sinmun, the North’s official mouthpiece, said Monday.  [Korea Times]

You can read more at the link.

Tweet of the Day: Cash Planes?