Government and Hyundai E&C Sign Concession Agreement for Construction of GTX-C Line, Targeting Construction Start within the Year
Hyundai E&C and the government have recently reached a concession agreement for the construction of the GTX-C line in the metropolitan area. However, the project has faced several delays due to objections, leaving doubts about whether construction can commence within the targeted timeframe. MBC News reporter Jeong Dong-wook provides the latest updates on this matter. […]
Minister of Land, Infrastructure and Transport Orders Complete Halt to Contracting Services with Former Companies
Minister Wins Hee-ryong Takes Drastic Measures to Address Corruption Scandal at Korea Land and Housing Corporation SEOUL – The Minister of Land, Infrastructure and Transport, Wins Hee-ryong, has made a bold move to combat corruption at the Korea Land and Housing Corporation (LH). On October 15th, Minister Wins ordered LH to immediately halt all contracting […]
Ministry of Strategy and Finance Approves Feasibility of Daegu K-2 Military Airport Relocation Project: A Major Step Towards Regional Development and National Security
Ministry of Strategy and Finance Approves Daegu K-2 Military Airport Relocation Project On the 14th, the Ministry of Strategy and Finance inaugurated the National Property Policy Discussion Committee and successfully finalized the business plan. This marks the official recognition of the business feasibility of the Daegu K-2 Military Airport Relocation Project, a project that has […]
Vice Minister Baek Won-guk Visits Suseo Station Construction Site to Ensure Progress and Safety Management
Vice Minister of Transport Visits Suseo Station Construction Site for Safety Check On the afternoon of the 3rd, Vice Minister Baek Won-guk of the Ministry of Land, Infrastructure and Transport made a visit to the construction site of Suseo Station on the Metropolitan Rapid Transit (GTX) Line. The purpose of the visit was to assess […]
Ministry Conducts On-Site Inspections in ‘Major Motor’ Offices Amidst Suspected Breach of Road Truck Vehicle Act
Ministry Launches On-site Inspections at Major Motor Offices The Ministry of Land, Infrastructure, Transport and Tourism has commenced simultaneous on-site inspections at 34 offices located across 24 different locations under the assumption of “Major Motor.” The inspections began promptly at 9:00 am on the 28th. Ministry Personnel Probe Midori Ward, Saitama City Office Notably, a […]
Seoul Metropolitan Government and Ministry of Land, Infrastructure and Transport Provide Support for Semi-Basement Residents to Move to Ground Floor
Seoul Metropolitan Government and Ministry of Land, Infrastructure and Transport Collaborate to Assist Semi-Basement Residents in Relocating to Ground Floor Seoul, South Korea – The Seoul Metropolitan Government and the Ministry of Land, Infrastructure and Transport have recently joined forces to provide assistance to residents living in semi-basement housing. Acknowledging the challenges faced by these […]
Former National Intelligence Service Director Claims Minister Won Made Independent Decision to Cancel Seoul-Yangpyeong Highway
Former National Intelligence Service Director Makes Controversial Comments on Minister’s Decision Park Ji-won, the former director of the National Intelligence Service, has caused a stir with his recent statements regarding Minister Won’s decision to close the Seoul-Yangpyeong highway. Speaking on CBS radio, Park criticized the Minister for making the decision unilaterally, without consulting President Yoon […]
Government Implements Measures to Address Reverse Tax Crisis, Increase Loan Limits and Provide Housing Support
Government Introduces Measures to Address Reverse Tax Crisis The government has unveiled a set of measures aimed at tackling the reverse tax crisis. To address the issue of landlords who are unable to return the jeonse deposit, the current DSR (Total Principal Interest Repayment Ratio) will be replaced with a new approach. Under this system, […]
[0525주요뉴스] Gold medal today… Keeping interest rates unchanged and reducing growth rate
Here are the top media stories right now on May 25, provided by Infostock Daily. [인포스탁데일리=윤서연 기자] ▲ Gold medal today… Keeping interest rates unchanged and reducing the growth rate While the Monetary Policy Committee (Monetary Policy Committee) of the Bank of Korea holds a monetary policy direction meeting to set the base rate on […]
Detect suspicious real estate transactions such as charter fraud with AI
Research service through the Real Estate Agency… Establish a suspicious illegal transaction screening model The government will strengthen monitoring using artificial intelligence (AI) to catch abnormal real estate transactions that are becoming increasingly organized and intelligent, such as charter fraud. The Ministry of Land, Infrastructure and Transport announced on the 23rd that it is holding […]
