BUSAN, Jan. 5 (Korea Bizwire) — This year, subsidized dorm rooms will be opened to all postsecondary students who attend an educational institution located in the Busan Metropolitan Area and are from outside the city. The subsidy program was launched last year to attract talented students to South Korea’s second-largest city and to financially assist [...]
SEJONG, DAEJEON, Jan. 5 (Korea Bizwire) — A well-intentioned mandate issued by the prior presidential administration seeking to procure employment options for women returning to the workplace, is on its last legs, wobbling underneath the weight of criticism that the presidential decree has caused more problems than it is worth. The Ministry of Personnel Management [...]
DAEJEON, Jan. 5 (Korea Bizwire) — By next year, a wireless network 100 times faster than the one currently in place will be installed throughout Seoul’s subway infrastructure. The Electronics and Telecommunications Research Institute (ETRI) announced on January 4 that it will start by testing a “Mobile Hotspot Network” (MHN) on subway line 8 cars. [...]
SEOUL, Jan. 5 (Korea Bizwire) — Marriage is no longer considered a must in the minds of most students at postsecondary institutions, a survey has found A total of 1,000 undergraduate and graduate students at two- and four-year institutions and graduate schools nationwide participated in the survey, which was commissioned by the Campus Evangelization Network [...]
JEJU, Jan. 4 (Korea Bizwire) — The island province of Jeju announced on December 3 that it will initiate preliminary reviews into establishing a “Shared Economy Resource Center” that will loan out expensive equipment like 3D printers and drones to potential entrepreneurs. The borrowers will be able to get their hands on expensive equipment by [...]
SEOUL, Jan. 4 (Korea Bizwire) — Female workers suffer more stress when working under female bosses, a study has found. Based on a Korean Labor Economic Association report looking at the impact a boss’s gender has on female workers’ careers, women in the workplace experience 3.5 percent higher stress levels when their direct superior is [...]
SEOUL, Jan. 4 (Korea Bizwire) — “Work-life balance”, “feel-good value”, “more mobile” and “relationship ennui”. These four phrases espouse the lifestyle preferences of South Korea’s millennial generation, according to a big data analysis of 12 billion posts on social networking services conducted by advertising agency HS Ad. Referring to young adults born between the early [...]
SEOUL, Jan. 4 (Korea Bizwire) — The business district surrounding Gwanghwamun Station, ground zero for 2017′s massive candlelight vigils that played a major role in impeaching former president Park Geun-hye, was found to have profited immensely from the protests. On January 3, SK Telecom cited the findings of its in-house research institute Geovision and revealed [...]
SEOUL, Jan. 4 (Korea Bizwire) — The majority of South Koreans think graphic warning images should cover more than 80 percent of cigarette packs, a poll showed Thursday. Pictorial warnings currently cover half of cigarette packs under the relevant law. Of the 1,500 surveyed that included 634 smokers, 27.6 percent of adults and 29.2 percent [...]
SEJONG, Jan. 4 (Korea Bizwire) — South Korea’s exports of agricultural products and food increased 5.6 percent in 2017 on upbeat sales of fresh fruits and ramyeon, offsetting sluggish poultry sales in the wake of bird flu outbreaks, the government said Thursday. South Korea exported US$6.83 billion worth of agricultural products and food last year, [...]