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Moon Chung-in: “Kim Jong-un’s Decision to Visit Seoul Was His Alone”

Moon Chung-in: “Kim Jong-un’s Decision to Visit Seoul Was His Alone”

SEOUL, Sept. 20 (Korea Bizwire) – Moon Chung-in, the Special Advisor to South Korean President Moon Jae-in for Foreign Affairs and National Security, said yesterday that North Korean leader Kim Jong-un’s promise to visit Seoul was a single-handed decision made by Kim. Speaking at a briefing held at the press center at Pyongyang’s Koryo Hotel, [...]

Justice Minister Pledges to Expand Class Action Lawsuit System

Justice Minister Pledges to Expand Class Action Lawsuit System

SEOUL, Sept. 17 (Korea Bizwire) — Justice Minister Park Sang-ki said Monday the government will try to expand the class action lawsuit system so as to enable consumers to file such suits not only in stock-related cases, but also in other areas. Park made the remark during a meeting with victims of high-profile consumer cases, [...]

Urban Farming Growing in Popularity

Urban Farming Growing in Popularity

SEOUL, Sept. 14 (Korea Bizwire) — The number of urban farms and farmers is increasing, with many making use of idle garden space. According to Gyeonggi Province and Gyeonggi Agricultural Research and Extension Services, there were 552,000 people engaged in farming over 3.2 square kilometers of land in cities at the end of 2017. While [...]

Experts and Proprietors Strongly Divided on “Fusion” Hanbok Controversy

Experts and Proprietors Strongly Divided on “Fusion” Hanbok Controversy

  SEOUL, Sept. 13 (Korea Bizwire) – In recent years, sightings of young men and women dressed in “fusion” versions of the traditional hanbok have become more common, mostly in the Seoul metropolitan area. Some hanbok sparkle, while others even have ribbons tied to the back. The lengths and sizes of the outfits are all [...]

Seoul Set to Tackle Skyrocketing Home Prices with Tougher Measures

Seoul Set to Tackle Skyrocketing Home Prices with Tougher Measures

SEOUL, Sept. 13 (Korea Bizwire) – South Korea’s government said Thursday that owners of high-value houses and multiple homes will face tougher taxes than originally planned as it strives to rein in soaring housing prices. Over the past year, the Moon Jae-in government has unveiled a series of measures to curb housing prices that have [...]

“Outsourced Risk” : 80% of Shipyard Deaths Involve Subcontractors

“Outsourced Risk” : 80% of Shipyard Deaths Involve Subcontractors

SEOUL, Sept. 7 (Korea Bizwire) — The causes of large-scale industrial accidents at South Korean shipyards lie in the multi-layer subcontract practice prevalent in the industry, says an investigation committee launched by Ministry of Employment and Labor (MOEL). The committee was formed in response to major accidents in the shipbuilding industry in 2017, including a [...]

Social Circumstances, Preference Fueling Rise of ‘DINK’ Couples in S. Korea

Social Circumstances, Preference Fueling Rise of ‘DINK’ Couples in S. Korea

SEOUL, Sept. 7 (Korea Bizwire) — Kim Jeong-hee, a 33-year-old medical doctor, lives with her 39-year-old husband, also a practicing physician, in an upscale residential neighborhood of Cheongdam-dong in southern Seoul. The childless couple has been happily married for three years, enjoying what they call a freer and luxurious lifestyle. “While my parents may have [...]

More Men Buying Household Products Online After 52-Hour Work Week Enforced

More Men Buying Household Products Online After 52-Hour Work Week Enforced

SEOUL, Sept. 6 (Korea Bizwire) — Thanks to the newly imposed government edict limiting official working hours to 52 per week, an increasing number of men were found to be shopping online for household goods after spending more time at home in the evening after returning from work. According to the popular e-commerce website Auction, [...]