South Korea announced plans to begin construction of 230,000 houses in the Greater Seoul area within five years to tackle the ongoing housing affordability crisis. This initiative supplements a larger plan to build 1.35 million homes by September 2025.
A severe heatwave in South Korea has resulted in 19 deaths this summer, with temperatures in the greater Seoul area nearing 40 degrees Celsius. This year's July temperatures are recorded as the third highest on record.
Heavy rain across the greater Seoul area and Gangwon Province is expected to ease later Friday, giving way to a spell of hot and humid weather, including tropical nights, likely to last through the weekend and into early next week.
The South Korean government has announced plans to supply 90,000 rental homes specifically for young people in the greater Seoul area. This initiative is set to be completed by 2027.
South Korea is exploring a plan to implement regionally differentiated electricity prices, a reform aimed at easing power costs but raising concerns among inland provinces and public utilities in the greater Seoul area about potentially higher expenses.
South Korea has raised its cap on household debt growth and pledged more homes in the Greater Seoul area, as President Lee Jae Myung's administration addresses a persistent housing rally and growing public discontent.
A shuttle service for people with disabilities operating in the greater Seoul area has expanded its coverage to include nearby Chungcheong and Gangwon provinces, according to the Seoul Facilities Corporation.
Early summer rain accompanied by gusty winds is forecast nationwide in South Korea through Thursday, with heavy rain advisories issued for parts of Greater Seoul, including Incheon and Gyeonggi Province.
South Korean Land Minister Kim Yun-duk announced plans to accelerate 'new town' projects in Gyeonggi Province and Incheon to establish more residential complexes, addressing soaring housing prices in the Greater Seoul area.
Torrential rain has hit South Korea's capital, its suburban regions, and other provinces overnight, with Seoul recording 117.9 millimeters of rainfall and a landslide alert being issued.
Rho Tae-ak, chair of South Korea's National Election Commission (NEC), and the secretary-general have offered to resign following election delays caused by ballot shortages at 22 polling stations in the Greater Seoul region.
Cheong Wa Dae has reiterated its commitment to proceed with the 60,000-home plan for the greater Seoul area, aiming to alleviate housing squeeze fears and prevent anxious buyers from rushing into the market.
Emergency rescuers in Bucheon, Gyeonggi Province, had to search dozens of hospitals for 98 minutes before finding a facility that would admit a mother in labor, exposing a critical shortage of maternity care in the Greater Seoul area. The mother safely gave birth to twins after multiple hospitals initially declined admission.