Low Birthrate Changes Legal Landscape
More and more divorce lawyers are advertising their services as acrimonious separations dwindle amid an overall slump in marriages. Until a few years ago their business was booming. But while there were 11,522 divorce suits filed to the Seoul Family Court in 2008, the number dropped 35 percent in 2017 to 7,457. The number of amicable divorces also plunged 43 percent from 7,449 in 2008 to 4,215 in 2017.
Small Businesses Hit Hard by Slow Economy
Gov't to Pay Cost of Scrapping Nuclear Reactor from Electricity Fees
Korean Carmakers Sweep Top Spots in Latest U.S. Ratings
Mini Airline to Start Gwangju-Gimpo Flights Next Week
Moon Addresses Russian Parliament
Exports Slip in June
NATIONAL/POLITICS
USFK Command Poised to Move to New Headquarters
The U.S. Forces Korea Command and the UN Command headquarters relocate to their new multibillion-dollar headquarters in Pyeongtaek next week. USFK headquarters finally moves out of the old garrison in Yongsanit has occupied for 73 years.
NORTH KOREA
N.Korea-China Exchanges Multiply Fast
North Korea and China are rapidly boosting exchanges that could significantly blunt international sanctions against the rogue regime. North Korea's Air Koryo will launch a direct flight to Xian, bringing regular flights to China to five.
BUSINESS
Gov't to Whack 10% Tax on Bitcoin Earnings
The government wants to categorize earnings from cryptocurrency speculation as income and plans to levy around 10 percent tax on them. The tax could be included in a revised tax bill this year with a one to two-year grace period.