Industry Minister Kim Jung-kwan on Monday called for cooperation between labor and management, stressing that the Korean economy is facing strong headwinds due to the persisting turmoil in the Middle East. Kim made the call in a meeting with Kim Dong-myeong, head of the Federation of Korean Trade Unions (FKTU), one of the biggest umbrella labor unions here. It marked the first time since 2006 an industry minister and an FKTU leader held a meeting. “Our economy and the overall industry are facing a significant crisis as the conflict in the Middle East is continuing, and to overcome these difficult times, labor and management should focus their capacity on tackling the crisis and refrain from unnecessary conflict,” Kim said. “I also ask the labor sector to participate in the country’s energy-saving efforts for stable energy supplies,” he added. Last week, the government asked the private sector to voluntarily participate in a five-day vehicle rotation program and temporarily adjust working hours to help even out traffic demand for effective energy consumption amid oil supply disruptions spa
Industry minister urges labor-management cooperation amid Mideast crisis
in News
Related Posts
Latest News from Korea
- Artemis II toilet acts up again as astronauts speed toward moon to break Apollo 13’s record
HOUSTON (AP) — Now more than halfway to the moon, the Artemis II astronauts prepared for their historic lunar fly-around to push deeper into space than even the Apollo astronauts. On the downside, their toilet is on the blink again. The three Americans and one Canadian are set to reach their destination Monday, photographing the mysterious lunar far side as… Read more: Artemis II toilet acts up again as astronauts speed toward moon to break Apollo 13’s record - A war without exit, a world without anchorThe scene from U.S. President Donald Trump’s recent Cabinet meeting revealed more than was intended. His remarks drifted between escalation and negotiation, lacking coherence and direction. There was an unmistakable sense of urgency — an effort to find a way out as the economic strain began to materialize. Yet the officials seated beside him told a different story. While Trump… Read more: A war without exit, a world without anchor
- Finance chief urges GCC nations to bolster supply chain cooperationFinance Minister Koo Yun-cheol urged Gulf Cooperation Council (GCC) countries to strengthen cooperation to help stabilize energy and raw material supply chains amid prolonged tensions in the Middle East, the finance ministry said Sunday. Koo, who also serves as deputy prime minister, met with ambassadors from the six GCC countries in Seoul on Friday at the residence of the United… Read more: Finance chief urges GCC nations to bolster supply chain cooperation
- People Power Party in free fallThe latest polling from Gallup Korea offers more than a snapshot of shifting public opinion. It delivers a stark warning about the structural health of Korea’s democracy. While the ruling Democratic Party of Korea (DPK) has surged to 48 percent support, the main opposition People Power Party has fallen to a historic low of 18 percent. The 30 percentage point… Read more: People Power Party in free fall
- Trump desperate for a scapegoatTrump desperate for a scapegoat
Latest Entertainment from Korea
- LE’V Steps Into the Light: “Spotlight Soul” Captures the Artistry, Growth, and Glow of a New Era in the 2026 Season’s Greetings CollectionPhoto Credits: CHROMOSOME LE’V Illuminates 2026 with “Spotlight Soul” LE’V enters 2026 with a statement that feels both cinematic and deeply personal. His Season’s Greetings “Spotlight Soul” concept photos reveal a striking evolution — one that merges emotional depth with artistic clarity. The project, released as a collector’s visual experience, celebrates not just another year but LE’V’s firm grasp on identity, craft,… Read more: LE’V Steps Into the Light: “Spotlight Soul” Captures the Artistry, Growth, and Glow of a New Era in the 2026 Season’s Greetings Collection
- KiiiKiii Leesol & Haum Illuminate SPUR x Dior Addict’s January 2026 Issue with Daring Light, Sensual Motion, and New Beauty CodesPhoto Credits: SPUR Dior Starship Entertainment A New Year, A New Iconic Pairing SPUR Magazine opens 2026 with a collaboration that feels both intimate and electric. The January 2026 Issue Pictorial Preview showcases KiiiKiii Leesol and Haum in a visual dialogue infused with Dior Addict’s luminous rebellion. Titled “Light Moves: The Addict State of Mind”, the spread captures the interplay of motion, reflection, and self-definition—a signal… Read more: KiiiKiii Leesol & Haum Illuminate SPUR x Dior Addict’s January 2026 Issue with Daring Light, Sensual Motion, and New Beauty Codes
- Breaking Boundaries: ifeye × KITTO Taiwan Redefine Visual Storytelling in the January 2026 Pictorial — A Fusion of Innovation & IdentityPhoto Credits: Hi-Hat Entertainment The Convergence of Vision and Identity The January 2026 Pictorial from ifeye × KITTO Taiwan marks a defining moment in East Asian creative media. Framed as both a celebration and an evolution, the collaboration bridges art direction, fashion narrative, and technological fluidity to capture a new generation’s pulse. More than a photoshoot, this issue acts as a visual manifesto—an exploration of… Read more: Breaking Boundaries: ifeye × KITTO Taiwan Redefine Visual Storytelling in the January 2026 Pictorial — A Fusion of Innovation & Identity
- Xiaoting in Full Bloom: Kep1er’s Shining Star Redefines Power, Grace, and Global Glamour in Wonderland China’s January 2026 Cover StoryPhoto Credits: KLAP ENTERTAINMENT Kep1er’s Xiaoting Captures the Moment Kep1er’s Shen Xiaoting steps into 2026 as a muse of modern elegance, fronting the January 2026 Wonderland China cover with an aura that’s both futuristic and fiercely grounded. As one of the brightest stars of her generation, Xiaoting embodies the balance between aspiration and artistry that defines global pop’s next chapter. “Confidence is not just… Read more: Xiaoting in Full Bloom: Kep1er’s Shining Star Redefines Power, Grace, and Global Glamour in Wonderland China’s January 2026 Cover Story
- BTS’s V Radiates Timeless Charisma in GQ Korea x Cartier’s February 2026 Cover: A Monument to Modern Elegance and Emotional PrecisionPhoto Credits: GQ Korea – Cartier – BigHit Music. – BTS V x Cartier: The Sound of Stillness and Strength For GQ Korea’s February 2026 issue, the cover unfolds like a cinematic confession. BTS’s V (Kim Taehyung)—known for his magnetic duality of mystery and warmth—joins forces with Cartier, the house synonymous with precision, artistry, and legacy. Together, they create a visual symphony that celebrates… Read more: BTS’s V Radiates Timeless Charisma in GQ Korea x Cartier’s February 2026 Cover: A Monument to Modern Elegance and Emotional Precision
Learn People & History of Korea
- The Evolution of Busan: A Historical Journey Through South Korea’s Second Largest Metropolitan CityAncient Beginnings: The Founding of Busan Busan, known as the second largest metropolitan city in South Korea, has a rich history that dates back to ancient times. The earliest recorded existence of Busan can be traced to the Goryeo Dynasty, where it was referenced as a vital coastal settlement. Its strategic location along the southeastern coast of the Korean Peninsula… Read more: The Evolution of Busan: A Historical Journey Through South Korea’s Second Largest Metropolitan City
- The Evolution of Pyongyang: A Journey Through History, Economy, and Political DynamicsIntroduction to Pyongyang Pyongyang, the capital city of North Korea, serves as a prominent symbol of the nation’s history and culture. Geographically located on the banks of the Taedong River, in the southwest part of the country, Pyongyang is situated within a strategic area that has historically facilitated trade and cultural exchange. The city’s origins can be traced back to… Read more: The Evolution of Pyongyang: A Journey Through History, Economy, and Political Dynamics
- The Evolution of Seoul: From Ancient Korea to Modern Metropolis and BeyondAncient Beginnings: The Founding of Seoul The city of Seoul, known today as the vibrant capital of South Korea, has ancient roots that trace back to the Three Kingdoms period of Korea, specifically the kingdoms of Baekje and Silla. Evidence suggests that Seoul was originally established as a settlement given its strategic geographical advantages. Nestled within the Han River basin,… Read more: The Evolution of Seoul: From Ancient Korea to Modern Metropolis and Beyond
- Exploring Korean Traditional Games in Squid Game: From Season 2 to Upcoming Season 3Introduction to Korean Traditional Games Korean traditional games have long been an integral part of the country’s cultural landscape, offering more than mere entertainment. These games, which range from simple children’s pastimes to complex community activities, hold significant cultural significance and often serve as a means of preserving history and promoting social interaction. Rooted in centuries of tradition, these games… Read more: Exploring Korean Traditional Games in Squid Game: From Season 2 to Upcoming Season 3
- Unveiling the Past and Present of Saju: The Art of Korean Fortune TellingIntroduction to Saju Saju, a traditional Korean fortune-telling practice, is an intricate art that seeks to interpret an individual’s fate based on their birth date and time. The term “Saju” translates to “four pillars” in English, referring to the four critical components derived from these time markers: year, month, day, and hour. This method holds significant cultural value within South… Read more: Unveiling the Past and Present of Saju: The Art of Korean Fortune Telling
