SEOUL, Sept. 29 (Korea Bizwire) — South Korea’s two largest automakers, Hyundai Motor and Kia, have agreed to broaden the scope of “ordinary wages” in their latest labor agreements, a move that could reshape labor relations and intensify cost pressures across corporate Korea. The accords, reached earlier this month, follow a Supreme Court ruling last December [...]
SEOUL, Sept. 29 (Korea Bizwire) — Obstruction of official duties against South Korean police officers remains alarmingly frequent, with more than 9,000 cases recorded last year — nearly 25 incidents every day — according to newly disclosed government data. Figures released by Rep. Seo Beom-soo of the People Power Party, citing the National Police Agency, [...]
SEOUL, Sept. 29 (Korea Bizwire) — South Korea’s second-largest telecom carrier, KT, is under mounting criticism from consumers and legal experts for refusing to disclose key network data in cases involving unauthorized mobile phone payments, even as reports of such incidents climb. Authorities say nearly 19,300 cases of fraud involving mobile micropayments were reported last [...]
SEOUL, Sept. 29 (Korea Bizwire) — As South Korea prepares for the Chuseok harvest holiday, when household waste typically spikes, local governments and businesses are stepping up efforts to promote greener practices — from reusable wrapping to bans on artificial flowers at cemeteries. Officials in North Chungcheong Province estimate that nearly 20,000 tons of waste [...]
SEOUL, Sept. 29 (Korea Bizwire) — South Koreans believe they will need about 3.5 million won ($2,600) a month to live comfortably in retirement, but most expect to secure only two-thirds of that amount, according to a new survey by KB Financial Group’s research institute. The study, released Sunday, polled 3,000 people aged 25 to [...]
SEOUL, Sept. 29 (Korea Bizwire) — Samsung Electronics’ cordless vacuum cleaner has earned top marks from leading consumer publications in the United States and Europe, reinforcing the company’s push to expand its premium home appliance brand. The Bespoke AI Jet 400W was ranked the No. 1 cordless stick vacuum in Consumer Reports’ “Best Cordless Vacuums [...]
SEOUL, Sept. 29 (Korea Bizwire) — Artificial intelligence has already reshaped how people search for answers and make decisions. Now it is rewriting the science of predicting the weather — an area long thought too complex for machines. At a workshop in Seogwipo, Jeju, hosted this month by the Korea Meteorological Administration (KMA) and the [...]
SEOUL, Sept. 29 (Korea Bizwire) — Hyundai Motor Group’s dedicated electric vehicle platform has once again won recognition in the United States, with its power system named among WardsAuto’s “10 Best Engines & Propulsion Systems” for 2025. The automaker said Sunday that the all-electric Ioniq 9 earned a spot on the prestigious list, marking the [...]
SEOUL, Sept. 29 (Korea Bizwire) — For middle-aged and older South Koreans seeking a second career, technical licenses are proving to be a reliable path into steady employment and higher wages. A government survey released Sunday by the Ministry of Employment and Labor and the Korea Research Institute for Vocational Education and Training found that [...]
SEOUL, Sept. 28 (Korea Bizwire) — The South Korean government is drawing criticism for imposing strict disaster-response requirements on private companies while failing to safeguard its own systems, after a fire at a state-run data center crippled key administrative services. According to a science ministry report submitted to a ruling party lawmaker, the government plans [...]