North Korea has decided to bring in the New Year with a bang. The Pyongyang regime over several days has fired sizable artillery barrages near a maritime buffer zone between North and South Korea.
President Yoon Suk Yeol said Wednesday that his administration would push to ease regulations concerning the redevelopment of apartment buildings aged 30 years or older, by allowing projects to go ahead even if the existing buildings are safe for habitation. Any residential complex built before 1994 may apply for reconstruction. Previously, owners of the apartment units had to get a municipality's approval that .