Korea Bizwire, Author at Be Korea-savvy
Unionized Workers of Hyundai Heavy Stage First All-Out Strike in 23 Years

Unionized Workers of Hyundai Heavy Stage First All-Out Strike in 23 Years

SEOUL, Feb. 23 (Korea Bizwire) – Labor union leaders at South Korean shipbuilder Hyundai Heavy Industries Co. declared an all-out strike Thursday over failed wage negotiations and a proposed split of the firm’s non-shipbuilding business.  What union and company officials called the first full-fledged walkout in 23 years came after labor union leaders told all [...]

Children Learn Safety Drills at Seoul Safety Exhibition

Children Learn Safety Drills at Seoul Safety Exhibition

SEOUL, Feb. 23 (Korea Bizwire) – The sixth Children’s Safety Experience Exhibit kicked off Thursday for a three-day run at the Dongdaemun Design Plaza. Hosted by Hyundai Motor Company, the Ministry of Public Safety and Security, and the Citizens’ Coalition for Safety, the event is offering education programs and experience sessions for various accidents and [...]

Fear Spreads in Korean Communities with Trump’s Immigration Policies

Fear Spreads in Korean Communities with Trump’s Immigration Policies

SEOUL, Feb. 23 (Korea Bizwire) – President Donald Trump’s headstrong approach towards immigration is spreading fear in Korean communities in the United States.  According to local civic organizations assisting Korean immigrants – including the Los Angeles Korean Resource Center, Hana Center in Chicago, and the Illinois Association of Korean Education – the number of phone [...]

Restaurants, Cafés, Convenience Stores Become Meccas for Pokémon Fans

Restaurants, Cafés, Convenience Stores Become Meccas for Pokémon Fans

SEOUL, Feb. 23 (Korea Bizwire) – The popularity of Pokémon GO is gradually waning, but there are still millions of players flicking their fingers on their smartphone screens trying to “catch’em all.”  During the second week of February (February 6 to 10), an estimated 5.63 million people played Pokémon GO, which was a drop from [...]

No More Trickle-Down Effects from Big Business in Korean Economy

No More Trickle-Down Effects from Big Business in Korean Economy

SEOUL, Feb. 23 (Korea Bizwire) – Trickle-down effects from major South Korean businesses, creating a flow of benefits to smaller companies, are becoming less perceptible.  In a report announced Wednesday by the Korea Small Business Institute, researchers said that “there’s now very little trickle-down effects between big companies and SMEs,” based on a statistical analysis [...]

Livestock, Agricultural Production Plummet with Anti-Corruption Law

Livestock, Agricultural Production Plummet with Anti-Corruption Law

SEOUL, Feb. 23 (Korea Bizwire) – A recent report from the Korea Rural Economic Institute estimated that South Korea’s anti-corruption law will cause a drop in agricultural and livestock production of over 300 billion won ($263.76 million) this year, as the legislation forbids millions of journalists, public officials and educators from receiving gifts worth more [...]