SEOUL, Jul. 23 (Korea Bizwire) — An increasing number of dating abuse cases are being reported to South Korean police, with around 46 fatalities reported each year, while the country grapples with the recent rise in crimes among couples. Thousands of dating abuse crimes occur each year in South Korea, with the figures growing steadily each [...]
SEOUL, Jul. 21 (Korea Bizwire) — An increasing number of South Korean investors are showing interest in government bonds from countries such as Brazil, Mexico and Russia, with the value of Brazilian government bonds sold in South Korea during the first half of this year estimated to be around three trillion won, according to recent [...]
SEOUL, July 21 (Korea Bizwire) – President Moon Jae-in appointed two new ministers Friday, nearly completing the list of his first Cabinet. Paik Un-gyu was appointed the new minister of trade, industry and energy, with Park Neung-hoo appointed the new health and welfare minister in a ceremony held at the presidential office Cheong Wa Dae. [...]
SEOUL, July 21 (Korea Bizwire) – Hyundai Rotem Co., the train manufacturing affiliate of Hyundai Motor Group, said Friday it has won two separate orders worth 220 billion won (US$196 million) to build subway trains for Seoul’s metro company. The company said in a statement it received a 176 billion-won order from Seoul Metro to [...]
SEOUL, July 21 (Korea Bizwire) – A tour agency which has arranged tour programs to North Korea said Friday that the United States will ban its citizens from traveling to the North soon following the death of an American detainee in the repressive regime. “We have just been informed that the U.S. government will no [...]
SEOUL, July 21 (Korea Bizwire) – A U.N. point man on the human rights situation in North Korea welcomed the South Korean government’s decision to seek dialogue with Pyongyang on Friday, saying that it is a “reassuring step forward” lowering tensions between the two Koreas. Special Rapporteur Tomas Ojea Quintana still emphasized that at the [...]
SEOUL, July 21 (Korea Bizwire) – The government will adopt “universal” mobile subscription fees sometime next year in line with its efforts to reduce the cost burden for mobile phone users, the ICT ministry said Friday. According to the draft version of the revision to the telecommunication law — subject to parliamentary endorsement — a [...]
SEOUL, Jul. 21 (Korea Bizwire) — A number of large hospitals in South Korea are ramping up their technological prowess to attract patients amid growing competition in the medical industry, by releasing mobile apps boasting features ranging from doctor appointment scheduling to virtual reality experiences. According to sources in the medical community, the high smartphone [...]
SEOUL, July 21 (Korea Bizwire) – A decision by the government to raise the minimum wage next year is expected to cut profits at convenience and discount store chains, but it could help bolster consumption, according to foreign investment banks on Friday. The government has decided to hike minimum wage 16 percent to 7,530 won [...]
SEOUL, Jul. 21 (Korea Bizwire) — A new report has revealed that Koreans who are heavy internet users are also more likely to read print newspapers and books. According to a report on media consumption patterns among heavy internet users conducted by the Korea Information Society Development Institute (KISDI), over 35 percent said they regularly [...]