Yonhap Publishes Detailed Feb. 18 Chronology of Key Korean Historical Milestones
Updated (5 articles)
Chronology Released Highlights Over a Century of Korean Milestones Yonhap issued a timeline on Feb 17, 2026 marking Feb 18 as a reference point for notable Korean events. The list spans from the 1909 national tax law to Lee Sang‑hwa’s 2018 Olympic silver medal. Each entry includes the year, a brief description, and its broader significance for Korea’s development. The chronology aims to provide a concise educational resource for the public and scholars alike[1].
Early Modernization Evident in 1909 Tax Law and 1910 Cinema The 1909 tax statute unified national revenue collection, building on regional rules introduced in 1906, signaling fiscal centralization. In 1910 Seoul opened its first commercial movie theater, reflecting cultural modernization alongside economic reforms. These twin developments illustrate how Korea pursued simultaneous financial and social advancement in the early 20th century. Yonhap notes both events as foundational to Korea’s modernization trajectory[1].
Mid‑20th Century Turmoil and Diplomatic Engagements Documented The 1952 Geoje Island POW revolt resulted in roughly 100 deaths among North Korean detainees, a violent episode during the Korean War. After the 1953 armistice, anti‑communist prisoners and remaining detainees were released, ending the conflict’s immediate prison crisis. In 1992, Pyongyang hosted the sixth high‑level inter‑Korean meeting, continuing a series of diplomatic talks aimed at easing peninsula tensions. Yonhap highlights these moments as pivotal in Korea’s security and diplomatic history[1].
Tragedies and Achievements from 2003 to 2018 Noted The 2003 Daegu subway fire claimed 197 lives, with the perpetrator—a man in his 50s—later sentenced to life imprisonment. A 2014 roof collapse at a Gyeongju hotel gym killed ten students and injured over 100, underscoring ongoing safety challenges. In contrast, speed skater Lee Sang‑hwa earned a silver medal in the women’s 500 m at the 2018 PyeongChang Winter Games, marking a celebrated sporting achievement. Yonhap includes these events to balance the narrative of loss with national pride[1].
Timeline
1898 – American businessmen obtain a permit to lay a five‑mile rail line in Seoul and begin operating electric trains the following year, marking an early foreign‑led modernization of Korean transport infrastructure [3].
1905 – The Korean royal authorities issue currency regulations that formally recognize Japanese currency on the peninsula, reflecting shifting economic control during the late colonial era [3].
1909 – The Korean Empire enacts a national tax collection law, building on regional tax rules from 1906 and establishing a modern fiscal system [1].
1910 – Seoul opens its first commercial movie theater, illustrating simultaneous cultural development alongside fiscal reforms [1].
1947 – North Korea implements its first currency reforms to strengthen its economy and sever ties with the Soviet‑issued money, a step toward monetary independence [5].
1948 – Giuseppe Verdi’s La Traviata is staged in South Korea for the first time, signaling growing exposure to Western opera [4].
1949 – South Korea establishes formal diplomatic relations with Britain, integrating into post‑war Western alliance structures [3].
1951 – China rejects a United Nations cease‑fire proposal during the Korean War, prolonging hostilities and shaping diplomatic dynamics [4].
1952 – North Korean prisoners of war revolt on Geoje Island, killing about 100 inmates; the remaining detainees are released after the 1953 armistice ends the war [1].
1954 – UNESCO launches its Korean committee, coordinating cultural and educational initiatives between UNESCO and the Korean peninsula [2].
1954 – The Korean government places a territorial marker on Dokdo, reinforcing its sovereignty claim over the disputed islets [3].
1967 – The Korea Exchange Bank is founded, expanding South Korea’s financial sector and later becoming a major commercial institution [2].
1974 – South Korea and Japan sign a continental‑shelf agreement delineating maritime zones, reducing offshore disputes and clarifying resource rights [2].
1977 – The National Assembly passes a bill confirming Korea’s 12‑nautical‑mile territorial sea border, formally codifying maritime boundaries [5].
1982 – Opposition leader Kim Dae‑Jung travels to the United States for medical treatment despite a death‑sentence for sedition, highlighting political repression and international attention [5].
1986 – Hyundai ships its first batch of 1,000 Pony compact cars to the United States, launching South Korea’s large‑scale automotive export presence abroad [1].
1990 – Hyundai Group receives permission to establish a subsidiary in Moscow, becoming the first Korean conglomerate to enter the Soviet capital’s market [4].
1992 – North Korea signs the IAEA nuclear safeguards agreement, committing to inspections of its nuclear facilities as part of broader non‑proliferation efforts [2].
1992 – South and North Korea hold their sixth senior‑official inter‑Korean summit in Pyongyang, continuing diplomatic engagements aimed at easing peninsula tensions [1].
1994 – South Korea’s National Assembly ratifies the country’s bid to join the World Trade Organization, aligning its trade policy with multilateral rules [5].
1996 – Former Presidents Chun Doo‑hwan and Roh Tae‑woo receive life and 17‑year prison sentences, respectively, for their roles in the 1979 coup that installed Chun in power [5].
1998 – Seoul National University Hospital performs a transplant of a domestically produced artificial heart, marking a milestone in Korean medical technology [4].
2001 – South Korea and the United States sign a revised Status of Forces Agreement that limits environmental impacts of U.S. troops stationed in the country [3].
2003 – A mentally disturbed man sets fire to a Daegu subway station, killing 197 people; he later receives a life sentence for the tragedy [1].
2004 – South Korea and the United States agree to relocate all U.S. troops out of Seoul within three years, reflecting a shift in the security posture on the peninsula [4].
2013 – South Korea successfully launches its first indigenous space rocket, KSLV‑1 (Naro), placing a satellite into orbit and demonstrating domestic launch capability [2].
2014 – A roof collapse at a hotel gymnasium in Gyeongju kills ten students and injures over 100, underscoring ongoing concerns about public safety standards [1].
2018 – Speed skater Lee Sang‑hwa wins a silver medal in the women’s 500 m at the PyeongChang Winter Olympics, highlighting South Korea’s athletic achievements [1].
2018 – South Korea’s Supreme Court upholds a ruling requiring Nippon Steel & Sumitomo Metal to pay four South Koreans 100 million won each for wartime forced labor, reinforcing legal accountability for historical grievances [2].
2024 – North Korean leader Kim Jong‑un proposes revising the North’s constitution to define South Korea as its principal enemy and to codify a commitment to fully occupy the South in the event of war, intensifying regional security tensions [4].
2025 – Up to 44,000 people rally outside a court to support impeached President Yoon Suk‑yeol during a hearing on a potential arrest tied to his brief imposition of martial law, reflecting deep domestic political divisions [3].
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