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Sex, Drug Scandal Exposes Shady Sides of K-pop’s Breakneck Ascent

Sex, Drug Scandal Exposes Shady Sides of K-pop’s Breakneck Ascent

SEOUL, Mar. 15 (Korea Bizwire) — A snowballing sex and corruption scandal involving K-pop stars has brought to light the hidden dark side of the K-pop industry, and dealt the most devastating blow yet to K-pop’s breakneck growth into a lucrative, roaring international business. Seungri, of boy band BIGBANG, and singer-songwriter and TV personality Jung [...]

Controversy Resurfaces as U.S. Military Reportedly Continues Biochemical Program at Busan Pier 8

Controversy Resurfaces as U.S. Military Reportedly Continues Biochemical Program at Busan Pier 8

BUSAN, Mar. 15 (Korea Bizwire) — Rumors are spreading that U.S. Forces Korea (USFK) is conducting ‘biochemical experiments’ at Busan’s Pier 8, angering residents who are calling for more information to be revealed and the program to be shut down entirely. The Nam District Residents Committee staged a protest in front of the pier on [...]

Mayor Unveils Plan to Transform Seoul into ‘Smart’ City

Mayor Unveils Plan to Transform Seoul into ‘Smart’ City

SEOUL, Mar. 13 (Korea Bizwire) — The Seoul Metropolitan Government said Wednesday it will install 50,000 Internet of Things (IoT) smart sensors throughout the capital city by 2022 to collect information on fine dust, traffic and other things related to citizens’ lives. The Seoul government will also introduce chatbots to its 120 Dasan Call Center [...]

South Korea’s Income Gap is Worsening

South Korea’s Income Gap is Worsening

SEOUL, Mar. 11 (Korea Bizwire) — The polarization of the South Korean economy has been accelerating ever since the country was stricken by the so-called IMF Crisis in 1997, which led to the introduction of neoliberal policies. The income gap among households has further widened over the last 20 years and is now ranked as [...]

S. Korea’s Diversifying Delivery Services Send Almost Anything to Your Home

S. Korea’s Diversifying Delivery Services Send Almost Anything to Your Home

SEOUL, Mar. 11 (Korea Bizwire) — Delivery services in South Korea are in the midst of diversification. In addition to delivery services for famous restaurants, there are now services that deliver pork belly grilled at ‘shared kitchens’. Even lunch boxes from convenience stores, shampoo, and other everyday goods can now be delivered. Delivery Hero Korea, [...]

YouTube Creators Filming Homeless People a Clear Violation of Portrait Rights

YouTube Creators Filming Homeless People a Clear Violation of Portrait Rights

SEOUL, Mar. 6 (Korea Bizwire) — The Seoul Metropolitan Government warned online content producers who film homeless individuals to refrain from any further similar activities on Tuesday, citing a possible violation of portrait rights. City authorities announced that if videos are filmed and distributed without the consent of the participants, the content creators could be [...]

Glass Ceiling High in S. Korean C-suite: Data

Glass Ceiling High in S. Korean C-suite: Data

SEOUL, Mar. 6 (Korea Bizwire) — Slightly over 1 in 100 executives at South Korea’s top 30 conglomerates are women, data showed Wednesday, pointing to a high C-suite glass ceiling in Asia’s fourth-largest economy. As of end-September last year, 256 units of the leading business groups had 21 female directors, a mere 1.3 percent of [...]

Gov’t to Step Up Countermeasures Against Fine Dust Pollution

Gov’t to Step Up Countermeasures Against Fine Dust Pollution

SEOUL, Mar. 5 (Korea Bizwire) — South Korea is moving to designate fine dust concentrations as a disaster in law, part of its countermeasures to the nation’s worsening air pollution problem, officials said Tuesday. If fine dust pollution is legally recognized as a disaster, the government will work out concrete criteria for damage assessment and [...]

Income Affects Senior Households’ Spending More than Assets: Report

Income Affects Senior Households’ Spending More than Assets: Report

SEOUL, Mar. 5 (Korea Bizwire) — Income has a greater impact than assets on consumption by South Korean households comprised of seniors, a parliamentary report said Tuesday. A 1 percent increase in elderly households’ earned income made their consumption expenditure go up 0.09 percent between 2006-2016, according to the report by the National Assembly Budget [...]