SEOUL, Jun. 27 (Korea Bizwire) – The Ministry of Oceans and Fisheries of South Korea has announced a recruitment drive for “Observers” to monitor illegal fishing activities and conduct scientific research aboard the country’s distant water fishing vessels. These individuals, often referred to as “Sea Guardians,” play a crucial role in overseeing fishing operations at sea. [...]
SEOUL, Jun. 26 (Korea Bizwire) — The finance ministry said Wednesday it will provide low-interest loans of 17 trillion won (US$12.22 billion) next month for corporate investment in the semiconductor industry and will push to extend tax benefits for investment in strategic technologies. It is part of execution plans for the comprehensive support package worth [...]
BUSAN, Jun. 24 (Korea Bizwire) – As local governments across South Korea grapple with a looming demographic crisis, one district in the city of Busan is taking an unprecedented approach: offering substantial financial incentives for couples who meet through government-sponsored matchmaking events and decide to marry. Saha District in Busan announced on June 22 that it [...]
SEOUL, Jun. 24 (Korea Bizwire) – As South Korea grapples with a declining birth rate, the country is witnessing a significant demographic shift in its multicultural population. Experts predict a decrease in the proportion of preschool-aged children from multicultural families, while the percentage of middle and high school students, as well as young adults in their [...]
SEOUL, Jun. 24 (Korea Bizwire) – The Korea Occupational Safety and Health Agency (KOSHA) announced on June 23 that it is distributing multilingual safety and health educational materials to help foreign workers better understand industrial accidents and work more safely. In response to the growing number of foreign workers in various industries, particularly shipbuilding, where serious [...]
SEOUL, June 21 (Korea Bizwire) – The government on Friday ordered low-cost carrier T’way Air to come up with measures to address repeated safety and flight delay issues. The Ministry of Land Infrastructure and Transport said it has conducted a special inspection of T’way Air and has ordered the airline to implement safety measures by [...]
SEOUL, Jun. 20 (Korea Bizwire) — Prime Minister Han Duck-soo said Thursday the government will improve its management of foreign workers to help address labor shortages caused by a declining and aging population. Han made the remark during a government meeting held in the central administrative city of Sejong, saying the government drew up a [...]
SEOUL, Jun. 19 (Korea Bizwire) – In a move to enhance the natural aesthetic of its national parks, South Korea has announced plans to completely remove tire mats installed along hiking trails by 2025. The Korea National Park Service, under the Ministry of Environment, revealed on June 18 that tire mats covering 20.17 kilometers of trails [...]
SEJONG, Jun. 18 (Korea Bizwire) – In the wake of an apartment resident in Busan facing public backlash for displaying the Rising Sun flag on Memorial Day, the Sejong City Council is pursuing an ordinance prohibiting the use of Japanese imperialist symbols in public spaces. According to the city council on June 17, its Administrative Welfare [...]
SEOUL, Jun. 18 (Korea Bizwire) — The Seoul city government will invest 650 billion won (US$471 million) over the next five years to help universities nurture workforces to lead prospective future industries, Seoul Mayor Oh Se-hoon announced Tuesday. The plan aims to boost the city’s global competitiveness by empowering universities in the capital with their [...]