YONGSAN GARRISON, Seoul, Dec. 28 (Korea Bizwire) — North Korea is not the only thing that keeps Gen. Vincent K. Brooks, commander of the U.S. Forces Korea (USFK), hard at work nowadays. The Yongsan base relocation is another tough task, probably a source of stress for the commander who often emphasizes the importance of the [...]
SEOUL, Dec. 28 (Korea Bizwire) – South Korea’s state pension said Thursday the monthly cost of living for a citizen aged 50 and above to maintain a minimum lifestyle is estimated at 1.45 million won (US$1,350), which hovers far above the actual pension currently being paid out to recipients. The National Pension Research Institute said [...]
SEOUL, Dec. 28 (Korea Bizwire) — Nearly 8 out of 10 salaried people made donations to charities this year, a survey showed Thursday. Of the 849 workers polled recently, 77.9 percent said they gave money to charities, the survey conducted by Hunet, a career education institute, showed. The average donation stood at 161,000 won (US$149) [...]
SEOUL, Dec. 28 (Korea Bizwire) — The number of South Korean households raising pets has risen gradually in recent years, a survey showed Thursday. About 28.1 percent of 5,000 households have dogs, cats or other pets, according to the survey done by the Animal and Plant Quarantine Agency last month. About 24.1 percent said they [...]
SEOUL, Dec. 28 (Korea Bizwire) — South Korea’s cosmetics industry is looking to regain growth in 2018 after taking a big hit from China’s retaliation against Seoul over a missile row this year, sources said Thursday. In March, China banned sales of group tours to South Korea in retaliation against Seoul’s decision to deploy an [...]
DAEJEON, Dec. 28 (Korea Bizwire) – The Korea Research Institute of Standards and Science (KRISS) announced today that a research team had successfully developed a standard gas for the greenhouse gas sulfur hexafluoride (SF6). A standard gas is a replicant of atmospheric conditions artificially created in the laboratory that is used to ascertain the accuracy [...]
SEOUL, Dec. 28 (Korea Bizwire) – To set the stage for a future where drones, self-driving cars and AI-controlled robots serve as delivery workers, the Ministry of Interior and Safety has unveiled a five-year plan to bestow unique addresses to over 300,000 buildings. Specifically, what this entails is each room or suite will be designated [...]
DAEJEON, Dec. 27 (Korea Bizwire) – The number of patent applications pertaining to electronic money have risen dramatically in the past few years, according to the Korean Intellectual Property Office (KIPO). Last year, KIPO received 79 applications, an eightfold increase from 2013′s nine, and through October this year, 149 applications were registered. Also referred to [...]
SEOUL, Dec. 27 (Korea Bizwire) – Only 53.6 percent of 1,600 youth between the ages of 18 to 34 were in agreement with the statement “we can get better jobs than those of our parents’ generation” in a Ministry of Employment and Labor study on young peoples’ beliefs regarding employment policies. Anxiety over future job [...]
SEOUL, Dec. 27 (Korea Bizwire) — The number of newborns in South Korea dipped again in October, government data showed Wednesday, in the latest sign of the chronic low birth rate that has plagued the Asian country for more than a decade. About 27,900 babies were born in October, down 11.7 percent, or 3,700, from [...]