14:57
South Korea impeaches key officials amid political tensions
South Korea’s parliament passed impeachment motions on Thursday against Justice Minister Pak Song Ce and National Police Agency Commissioner Cho Ci-ho.
South Korea's tourism, soft power gains, at risk from extended political crisis
Reuters
South Korea’s tourism industry, which contributed ₩84.7 trillion ($59.1 billion) or 3.8% of GDP in 2023, faces new challenges as political unrest deters visitors. The recent six-hour martial law, later rescinded, has led to some trip cancellations and a slight drop in hotel bookings.
Accor Group reported a 5% rise in cancellations, and the Korea Tourism Start-up Association noted declining bookings for early 2025. Hotels in Seoul, previously fully booked, now offer discounts to attract guests. Concerns extend to medical tourism, with some foreign patients cancelling appointments.
The "Korean Wave" of cultural exports and reputation for safety are key to South Korea’s tourism strategy, but ongoing protests could hinder growth in sectors like MICE tourism.
Experts believe the impact may be temporary if stability returns, while others remain optimistic about travel demand, particularly from China, South Korea’s largest visitor source.
11:19
South Korean President Yoon vows to "fight to the end"
South Korean President Yoon vows to "fight to the end" as his party inches closer to backing impeachment over his martial law order and hacking claims.
09:00
South Korea faces political crisis as president investigated over martial law
South Korea’s political turmoil deepens as police raid President Yoon Suk Yeol’s office over a martial law probe. With protests, senior arrests, and impeachment moves underway, questions grow about the nation’s leadership and its future stability.
15:34
South Korea approves special counsel to investigate President Yoon
South Korea’s parliament has approved a special counsel to investigate President Yoon Suk Yeol over his controversial declaration of martial law, a move that lasted only six hours but has triggered treason charges and a political crisis.
14:57
South Korea's President faces travel ban
South Korea’s Justice Ministry announced Monday that a travel ban has been placed on President Yoon Suk Yeol as investigations into his recent martial law declaration continue.
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