[Remember Daily News]2025.02.14 South Korea News

1. Tragic Fire at Busan Resort Construction Site

A devastating fire erupted at a resort construction site in Busan, resulting in at least six fatalities and numerous injuries. The blaze broke out around 10:20 a.m., leading to the evacuation of approximately 100 workers, with 14 individuals rescued by helicopter from the building's rooftop. Authorities are investigating the cause of the fire, which is believed to have started in insulation materials near an indoor swimming pool on the first floor. Acting President Choi Sang-mok has ordered the mobilization of all available resources to manage the incident.

 

2. Government Reviews Non-Tariff Barriers Amid U.S. Tariff Plans

In response to the United States' proposal for reciprocal tariffs on countries imposing duties on U.S. imports, South Korea announced a comprehensive review of its non-tariff barriers. While the Korea-U.S. Free Trade Agreement has eliminated most tariffs, concerns remain regarding non-tariff measures such as value-added taxes and digital service taxes. The government aims to address U.S. concerns by preparing detailed information on these barriers.

 

3. Authorities Monitor Financial Markets Ahead of Short-Selling Ban Lift

South Korean authorities are closely monitoring financial markets due to global economic uncertainties and are preparing to lift the short-selling ban on stocks, which has been in place since November 2023. The ban is scheduled to be lifted at the end of the current quarter. Acting President Choi Sang-mok emphasized the need for vigilance amid high uncertainty surrounding U.S. trade policies and geopolitical factors.

 

4. Constitutional Court Schedules Additional Hearing in Presidential Impeachment Trial

The Constitutional Court has scheduled an additional hearing in the impeachment trial of President Yoon Suk Yeol. Despite a tight schedule, the court is moving forward with the proceedings, with a potential ruling expected as early as mid-March. The trial centers on allegations related to President Yoon's declaration of martial law and subsequent actions.

 

5. North Korea Demolishes Family Reunion Facility

North Korea has begun demolishing a building at the Diamond Mountain resort, which served as the venue for reunions of families separated by the Korean War. This action reflects deteriorating inter-Korean relations and has been condemned by South Korea's Unification Ministry as inhumane. The ministry is considering legal actions and international pressure in response.

 

6. Stray Kids' Han Discusses Tattoo Reveal at Fan Meeting

During the SKZ 5'CLOCK fan meeting held from February 14-16 at Incheon's Inspire Arena, Stray Kids' member Han briefly revealed his tattoos during a solo performance. The tattoos became a major topic of discussion among fans. Han later mentioned that he was 'scolded' for the brief reveal. Additionally, member Felix was absent from the final performance due to a minor car accident and a pinched nerve.

 

7. Funeral Held for Daejeon School Stabbing Victim

The funeral for the eight-year-old girl who was fatally stabbed by her teacher at an elementary school in Daejeon was held at Konyang University Hospital's funeral hall. The tragic incident has raised concerns about school safety and the mental health of educators.

 

8. South Korea Opens Embassy in Cuba

Marking a significant diplomatic milestone, South Korea has opened an embassy in Cuba for the first time. This development is expected to enhance bilateral relations and cooperation between the two nations.

 

9. South Korea Prepares for EAFF E-1 Football Championship

South Korea is gearing up to host the 2025 EAFF E-1 Football Championship from July 7 to 16. Preparations are underway to ensure the success of the tournament, which will feature top teams from the East Asian region.

 

10. Valentine's Day Celebrations Across the Nation

Valentine's Day was celebrated across South Korea, with various events and promotions. Traditionally, women give gifts to men on this day, with men reciprocating on March 14, known as White Day. The occasion has become a significant cultural event, with businesses offering special promotions and couples engaging in various activities to mark the day.