South Korean President Park Geun-hye made an official apology once again for one of the country's deadliest maritime disaster on Monday, vowing a reform in officialdom and safety response system.
Bangladesh rescuers have dragged out 10 more bodies, raising the death toll to 22 in the ferry accident on river Meghna, after it sank in storm on Thursday afternoon.
Chief executive officer of the sunken South Korean ferry's operator, Chonghaejin Marine, was arrested Friday for overlooking the inveterate overloading, which led to the vessel's sinking.
South Korea planned to frontload 7.8 trillion won (7.6 billion U.S. dollars) in the second quarter as signs of the weakening private consumption were detected following the deadly ferry sinking disaster.
Death toll in the South Korean ferry sinking accident surged on Tuesday afternoon to 108 as divers were intensively searching inside the submerged hull.
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