SEOUL, Sept. 12 (Korea Bizwire) – The Seoul Metropolitan Council passed a new amendment bill earlier this month that will discourage the use of hate speech in schools under the city’s new student rights ordinance. Back in March, an elementary school teacher caused controversy after calling a student with an ethnic minority background ‘China’, as well [...]
SEOUL, Sept. 12 (Korea Bizwire) – The Ministry of Employment and Labor is set to launch a government-backed counseling program for victims of industrial accidents who suffer from trauma including sleep disorder and seizures, following growing calls to help those with posttraumatic stress disorder (PTSD). Beginning in Daegu, Busan and North Gyeongsang Province, the new program [...]
SEOUL, Sept. 12 (Korea Bizwire) – South Korean movie stars Jang Dong-gun and Kim Ha-neul will host the opening ceremony for this year’s Busan International Film Festival (BIFF), organizers said Tuesday. The two veteran stars will present the opening event for BIFF on Oct. 12, kicking off the 22nd edition of Asia’s premier film festival, [...]
SEOUL, Sept. 12 (Korea Bizwire) – The money supply in South Korea jumped 5.1 percent in July from a year earlier, the central bank said Tuesday. The nation’s M2 totaled 2,472.1 trillion won (US$2.18 trillion) in July, compared with 2,352.2 trillion won a year earlier, the Bank of Korea (BOK) said in a statement. The [...]
SEOUL, Sept. 12 (Korea Bizwire) – Lotte Group founder Shin Kyuk-ho’s eldest son will sell most of his stakes in the South Korean retail giant’s key affiliates as an objection to the group’s latest decision to set up a holding company, his representatives said Tuesday. Shin Dong-joo, the former vice chairman of Tokyo-based Lotte Holdings, [...]
SEOUL, Sept. 12 (Korea Bizwire) – Kumho Asiana Group, South Korea’s airline-to-construction conglomerate, said Tuesday it has submitted a self-rescue plan for its tire unit to creditors. The move comes as the creditors asked the group to prepare a self-help program for Kumho Tire Co. by 6:00 p.m. following the collapse of a deal to [...]
SEOUL, Sept. 12 (Korea Bizwire) – Foreigners have become fonder of South Korea after learning the Korean martial art taekwondo, a local poll showed Tuesday. According to the survey by the World Taekwondo Peace Corps Foundation, 11.7 percent of 1,750 foreign nationals learning the sport said their positive feelings toward South Korea have increased. The [...]
SEOUL, Sept. 12 (Korea Bizwire) – A new report warns South Korean web portals are geared towards clickbait, a worrying trend that could lead to widespread fake news and cause political polarization in the public. The report released on Tuesday by researcher Choi Dong-uk from the Korea Development Institute looked into how different political views are [...]
SEOUL, Sept. 12 (Korea Bizwire) – A fifth-generation self-driving bus is set to be unveiled in October in celebration of the PyeongChang 2018 Olympic Winter Games and Paralympics. With less than 150 days left until one of the world’s biggest sporting events kicks off in the northeastern part of South Korea, the Ministry of Science [...]
SEOUL, Sept. 11 (Korea Bizwire) – Hyundai Motor Co. and its affiliate Kia Motors Corp., South Korea’s two biggest carmakers, will temporarily shut down their plants in the United States to avoid any damages from Hurricane Irma, the companies said Monday. Hyundai Motor will suspend operation of its Alabama plant for two days from 4:45 [...]