SEOUL, Oct. 27 (Korea Bizwire) – A kindergarten director in Seoul is facing criticism after having told multiple female teachers not to get pregnant at the same time to avoid interfering with class schedules. The controversial comment was brought up by the Seoul government’s human rights committee at a meeting held on Friday, during which [...]
SEOUL, Oct. 27 (Korea Bizwire) – AGIO, a handmade footwear brand employing hearing-impaired workers, has relaunched its shoemaking business nearly four years after it filed bankruptcy in 2013, with plans to release new products next spring. The footwear maker, famous for its representation of hearing-impaired people, announced its foray back into the shoemaking industry after [...]
SEOUL, Oct. 27 (Korea Bizwire) – United States Secretary of Defense James Mattis committed to close cooperation with South Korea in advance of any possible action against North Korea, during his talks with South Korea’s top diplomat, the foreign ministry said. “Secretary Mattis reaffirmed the unchangingly solid South Korea-U.S. alliance and said he will have [...]
SEOUL, Oct. 27 (Korea Bizwire) – Air Busan Co., a South Korean budget carrier, said Friday it will add bigger planes to its fleet and build its own hangar in the next 10 years to meet growing demand for low-cost flights. In its mid-term strategy, Air Busan plans to introduce midsize passenger jets with 300 [...]
SEOUL, Oct. 27 (Korea Bizwire) – The three-month construction suspension of two nuclear reactors in the southeastern industrial city of Ulsan will likely have cost the country’s state-run utility company 75.8 billion won (US$67.1 million) in lost profit, an opposition lawmaker said Friday. The Moon Jae-in administration on Tuesday decided to restart work on the [...]
SEOUL, Oct. 27 (Korea Bizwire) – The Ministry of Oceans and Fisheries said Friday the dredging work for Busan Newport on the country’s southeastern tip will be completed next week to accommodate mega container ships. The construction work began in December 2014 with a budget of 60 billion won (US$53 million) to secure 17 meters [...]
SEOUL, Oct. 27 (Korea Bizwire) – Semiconductors are expected to account for a record high of more than 16 percent of South Korea’s annual exports this year, data showed Friday. Industry data showed South Korea’s export of chips, led by Samsung Electronics Co. and SK hynix Inc., reaching US$70.4 billion in the January-September period, up [...]
SEOUL, Oct. 27 (Korea Bizwire) – Nearly 57 percent of South Koreans continue to live with their parents after growing into young adulthood, according to a new study. Findings from a study cited by senior researcher Oh Ho-young at the Korea Research Institute for Vocational Education and Training (KRIVET) during the Korea Labor Institute’s symposium [...]
SEOUL, Oct. 27 (Korea Bizwire) – Three major South Korean mobile carriers, SK, KT, and LG Uplus, began preorders for the iPhone 8 on Friday ahead of the official release date next month. With some branding the sales performance in countries where the new iPhone was already released as ‘below expectations’, industry experts believe the [...]
SEOUL, Oct. 27 (Korea Bizwire) – Seocho District in Seoul has announced plans for a smart watch service designed to help elderly dementia patients in the local community, the district office said on Thursday. Starting in December, Seocho District will launch the new public safety program to help 200 elderly people who suffer from dementia [...]