Tag: Choi Sang-mok

South Korea Faces Worst Aviation Disaster Amid Political Leadership Crisis

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South Korea Faces Worst Aviation Disaster Amid Political Leadership Crisis

Seoul: The Jeju Air plane crash at South Korea’s Muan, in which 179 of the 181 people on board are feared dead, came at a time when the Asian country’s government is in the middle of a full-blown political crisis. South Korea’s current president, Yoon Suk Yeol, was impeached on December 14, following a short-lived…

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S. Korea to set up $7-billion aid package for chip industry

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S. Korea to set up -billion aid package for chip industry

South Korea’s Finance Minister Choi Sang-mok. File | Photo Credit: Reuters South Korea will set up an aid package worth more than $7 billion to support its chip industry, the Finance Ministry said on Sunday, as part of its drive to boost its critical semiconductor sector. This initiative follows its pledge last year to build…

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