SEOUL, Dec. 20 (Korea Bizwire) – The Seoul Metropolitan Government announced on December 19 that it has applied universal design principles to improve accessibility and safety in public spaces, including pedestrian underpasses, hiking trails, and public restrooms in traditional markets. Universal design ensures spaces are safe and convenient for everyone, regardless of age, gender, ability, [...]
SEOUL, Dec. 20 (Korea Bizwire) – South Korea has reformed what was deemed an “absurd regulation” that applied different postpartum care support standards to maternal grandmothers and paternal grandmothers-in-law, the Office for Government Policy Coordination announced on December 19. The issue emerged as the top concern in the government’s “Absurd Regulations Public Contest” and was discussed [...]
SEOUL, Dec. 20 (Korea Bizwire) – The proportion of never-married individuals in their 40s has increased dramatically in South Korea, with 23.6% of men and 11.9% of women remaining single in 2020 – representing a 6.7-fold and 5.7-fold increase respectively compared to 20 years ago, according to a new government report. Statistics Korea released these findings [...]
SEOUL, Dec. 20 (Korea Bizwire) – South Korean workers reported an average annual income of 43.32 million won in 2023, an increase of more than 1 million won from the previous year, according to year-end tax settlement data. The number of high-income earners making over 100 million won annually reached 1.39 million, while 33% of workers [...]
LIPHOOK, United Kingdom, Dec. 19 (Korea Bizwire) – Lumi Global, a global leader in technology-driven meeting solutions across Annual General Meetings, Investor Relations, and Member meetings, proudly announces the acquisition of Assembly Voting, a technology company specializing in end-to-end verifiable, cloud-based elections and voting solutions via its proprietary platform, Electa. This strategic acquisition reinforces Lumi Global’s [...]
SEOUL, Dec. 19 (Korea Bizwire) – South Korean industry and academia have proposed creating a “KSMC” (Korea Semiconductor Manufacturing Company), modeled after Taiwan’s TSMC, to address challenges facing the nation’s semiconductor industry. The plan, revealed at a seminar held by the National Academy of Engineering of Korea (NAEK) on December 18, aims to build a [...]
SEOUL, Dec. 19 (Korea Bizwire) – South Koreans will soon be able to benefit from a new service that analyzes their usage patterns to recommend optimal smartphone plans, according to an announcement by the Ministry of Science and ICT on December 18. The initiative was approved along with four other regulatory exemptions during the 38th New [...]
SEOUL, Dec. 19 (Korea Bizwire) — South Korea will host the top East Asian football tournament next summer, a decision reached during the executive meeting of the sport’s regional governing body earlier this week. The East Asian Football Federation (EAFF) said Thursday that South Korea will stage the 2025 EAFF E-1 Championship from July 7 [...]
SEOUL, Dec. 19 (Korea Bizwire) – With Korean cuisine continuing to gain global popularity, local governments across South Korea are launching food-themed festivals, marking a shift from traditional tourism strategies centered on historical sites and local specialties. These innovative festivals are transforming previously overlooked regions into tourist destinations, drawing hundreds of thousands of visitors and combining [...]
SEOUL, Dec. 19 (Korea Bizwire) — All but one spot have been filled for foreign players in the Korea Baseball Organization (KBO) for 2025, following the NC Dinos’ signing of former major league pitcher Logan Allen this week. The Dinos announced Wednesday that Allen, 27, had signed a one-year deal worth up to US$1 million [...]