SEOUL, Jul. 14 (Korea Bizwire) — On July 13, passers-by were able to see a rainbow colored flag displayed prominently atop the front entrance of the U.S. Embassy in Gwanghwamun. It is the first time the embassy in Seoul has publicly placed the flag on its grounds. The flag was placed there to express solidarity and [...]
SEOUL, Jul. 14 (Korea Bizwire) — Already unpopular due to their alleged propensity to generate air pollutant particles, a rumored “diesel fuel tax” that may come into effect in the future has customers gravitating away from diesel cars. A spokesperson for the Korean Automobile Manufacturing Association gave a number of reasons for the decreasing popularity of diesel [...]
SEOUL, Jul. 13 (Korea Bizwire) — The Korean Medical Association and the Association of Oriental Medicine are currently at loggerheads over the possibility of expanding health insurance coverage for physiotherapy treatment administered by traditional medicine professionals. The Ministry of Health and Welfare announced that it will reach a decision on the proposed changes to insurance coverage [...]
SEOUL, Jul. 13 (Korea Bizwire) — With growing hope that the Chinese government’s ban on Korean culture products will be lifted, the entertainment industries of both countries have started to perk up in anticipation. In recent years, the export of Korean culture has become an important source of revenue for the Korean economy, as well as [...]
SEOUL, Jul. 12 (Korea Bizwire) — The Korea Development Institute (KDI) released yesterday a report titled “Government Policy for the Stable Growth of the Sharing Economy”. The white paper presents an in-depth look at the sharing economy, and makes the proposal that current policies need to be modified to accommodate a changing service industry. The seeds [...]
SEOUL, Jul. 12 (Korea Bizwire) — Things are looking up for workers in the package delivery industry. The South Korean government has recently announced that it will pledge up to 13 billion won by the year 2022 to reform and improve working conditions. A major chunk of the investment will be used to improve the technology [...]
SEOUL, Jul. 12 (Korea Bizwire) — It’s a brave new world that brings new technology but the same old problems. Rising values of cryptocurrencies (digital currencies) such as Bitcoin and Ethereum have attracted the attention of droves of investors and speculators, but fraudulent investment companies have risen up in their wake. The Korean National Police Agency [...]
SEOUL, Jul. 11 (Korea Bizwire) — The Korean Teachers and Education Workers Union’s Committee of Women’s Affairs announced yesterday that it had surveyed 636 teachers from the elementary to high school level on whether they had directly or indirectly experienced misogynistic elements while working. A total of 636 school teachers were surveyed, with women making up [...]
SEOUL, Jul. 11 (Korea Bizwire) — Fast food restaurants offering burgers and fries found few takers as stores sat nearly empty over the weekend thanks to a “burger phobia” that is spreading like wildfire. The heightened wariness towards eating hamburgers is due to the belief that they may contain undercooked or unhealthy ingredients. The phrase “burger [...]
SEOUL, Jul. 11 (Korea Bizwire) — A district court in Seoul has sided with the mother of a soldier who committed suicide while serving in the military, and ruled that the mother’s request for indemnity compensation payments was legitimate. The soldier in question enlisted in the Army in December 2004, and was found dead on April [...]