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South Korean Elementary School Teachers Leaving Profession at Highest Rate in Five Years

South Korean Elementary School Teachers Leaving Profession at Highest Rate in Five Years

SEJONG, Sept. 9 (Korea Bizwire) – A recent report has revealed a sharp increase in the number of elementary school teachers in South Korea leaving their jobs prematurely, reaching a five-year high in 2023.  According to data obtained by Democratic Party lawmaker Jin Sun-mee from regional education offices, the early resignation rate among elementary school teachers [...]

One in Five Korean Workers Report Workplace Sexual Harassment, Study Finds

One in Five Korean Workers Report Workplace Sexual Harassment, Study Finds

SEOUL, Sept. 9 (Korea Bizwire) – A recent survey has revealed that one in five South Korean workers has experienced sexual harassment in the workplace, shedding light on the pervasive issue of gender-based violence in professional settings.  The study, conducted by civic group Gabjil 119 and the Beautiful Foundation, surveyed 1,000 workers aged 19 and above [...]

Korean Companies Lag in Awareness and Preparedness for ‘Greenwashing’ Regulations

Korean Companies Lag in Awareness and Preparedness for ‘Greenwashing’ Regulations

SEOUL, Sept. 9 (Korea Bizwire) – With the European Union preparing to enforce stricter eco-friendly labeling guidelines starting next September, a recent survey has revealed that South Korean companies are significantly underprepared for the global crackdown on “greenwashing.”  Greenwashing, a portmanteau of “green” and “whitewashing,” refers to the deceptive practice of marketing products or corporate activities [...]

Apple’s iPhone 16 Pro Likely to See 10% Price Hike as South Korea Joins First-Wave Launch

Apple’s iPhone 16 Pro Likely to See 10% Price Hike as South Korea Joins First-Wave Launch

SEOUL, Sept. 9 (Korea Bizwire) – As Apple prepares to include South Korea in its initial launch of the iPhone 16, industry insiders predict a significant price increase for the Pro models, which are particularly popular among Korean consumers. According to telecommunications industry sources, Apple plans to commence sales of its new iPhone 16 series in [...]

Divorce Lawyer Reveals Shocking Infidelity Patterns on Popular Korean TV Show

Divorce Lawyer Reveals Shocking Infidelity Patterns on Popular Korean TV Show

SEOUL, Sept. 7 (Korea Bizwire) – In a recent episode of the popular South Korean variety show “You Quiz on the Block,” divorce attorney Choi Yu-na offered startling insights into the world of marital infidelity, drawing from her experience as both a legal professional and the writer of the drama series “Good Partner.”  Choi, known for [...]

Ancient Hittite Artifacts to Make South Korean Debut in Gimhae

Ancient Hittite Artifacts to Make South Korean Debut in Gimhae

GIMHAE, Sept. 7 (Korea Bizwire) – In a groundbreaking cultural exchange, artifacts from the Hittite Empire, one of the world’s earliest iron-working civilizations, are set to be exhibited for the first time in South Korea. The exhibition will take place in Gimhae, a city in South Gyeongsang Province renowned as the ancient capital of the Gaya [...]

South Korea Recruits Indian Software Developers to Boost Tech Sector

South Korea Recruits Indian Software Developers to Boost Tech Sector

SEOUL, Sept. 6 (Korea Bizwire) – In a bid to address the chronic shortage of software talent in its burgeoning tech industry, South Korea has launched an initiative to recruit skilled developers from India. The Ministry of SMEs and Startups announced on September 5 that 103 Indian software developers have been hired by South Korean venture [...]

Netflix to Drop Period-action Film ‘Uprising’ Next Month

Netflix to Drop Period-action Film ‘Uprising’ Next Month

SEOUL, Sept. 6 (Korea Bizwire) — Netflix’s period drama “Uprising,” produced by “Decision to Leave” director Park Chan-wook, will be released Oct. 11, the global streaming service said Friday. Starring Gang Dong-won and Park Jeong-min, the action-packed film is set during the Joseon Dynasty (1392-1910) and follows the story of two childhood companions — one [...]

South Korean Shipbuilding Industry Faces Threat as China Gains Ground

South Korean Shipbuilding Industry Faces Threat as China Gains Ground

SEOUL, Sept. 6 (Korea Bizwire) – In a concerning trend for South Korea’s once-dominant shipbuilding industry, Chinese competitors are rapidly gaining market share, aided by alleged industrial espionage and lenient court rulings in South Korea. The situation has raised alarms about the potential loss of South Korea’s world-leading position in the sector, particularly in the crucial [...]

KHNP Plans to Invest US$40 Mln in Bill Gates’ TerraPower

KHNP Plans to Invest US$40 Mln in Bill Gates’ TerraPower

SEOUL, Sept. 6 (Korea Bizwire) — The state-run Korea Hydro & Nuclear Power (KHNP) plans to invest US$40 million in TerraPower LLC, a U.S. small-sized nuclear reactor company founded by Bill Gates, an industry source said Friday. If formally approved by KHNP’s board, it will mark the first investment by a state-run energy firm into [...]