SEOUL, Oct. 6 (Korea Bizwire) — Three out of 10 South Korean webtoon artists have experienced unfair contracts, a survey showed Wednesday. According to a report that Rep. Yoo Jung-ju of the Democratic Party received from the Ministry of Culture, Sports and Tourism, 30.3 percent of 871 surveyed webtoon artists said that they had signed [...]
SEOUL, Oct. 5 (Korea Bizwire) — A satirical cartoon about President Yoon Suk-yeol has sparked a debate about freedom of expression after the culture ministry expressed regret and issued a warning to the organizer of a cartoon festival that awarded a prize to it. Drawn by a high school student, the cartoon, titled “Yoon Suk-yeol [...]
SEOUL, Oct. 4 (Korea Bizwire) — South Korea’s young, single-person households are focusing on their savings, contrary to previous expectations that they would focus on consumption, influenced by the YOLO — You Only Live Once — culture, a report showed Monday. KB Financial Group Research Institute conducted a nationwide survey of 2,000 male and female [...]
SEOUL, Sept. 28 (Korea Bizwire) – The vast majority of individuals who are not in a relationship choose to be single voluntarily, a survey showed Tuesday. The Korea Population, Health and Welfare Association conducted a survey of 1,047 ‘voluntary’ singles between the ages of 19 and 34, 65.5 percent of whom said they were not [...]
SEOUL, Sept. 28 (Korea Bizwire) — South Korea seeks to significantly boost production of electric vehicles to more than double domestic carmakers’ global market share to 12 percent by 2030 and to be a global car industry powerhouse, the industry ministry said Wednesday. For the goal, the government vowed to provide tax incentives and various [...]
SEOUL, Sept. 27 (Korea Bizwire) — The number of deaths in South Korea hit an all-time high last year due largely to rapid aging and the fallout of the COVID-19 pandemic, data showed Tuesday. A total of 317,680 people died in the country last year, up 12,732 people, or 4.2 percent, from the previous year, [...]
OTTAWA, Sept. 23 (Korea Bizwire) — South Korean President Yoon Suk-yeol wound up his second overseas trip amid embarrassment over the use of foul language caught on hot mic, but the trip was marked by one unmistakable outcome: the first summit with Japan in nearly three years. Yoon began the trip with a stop in [...]
SEOUL, Sept. 20 (Korea Bizwire) — The Supreme Court on Tuesday proposed tougher countermeasures against stalking suspects, such as the imposition of a restraining order, amid growing societywide resentment over the recent murder of a young subway worker by her alleged stalker. The top court said in a statement that stalking suspects who are under [...]
SEOUL, Sept. 20 (Korea Bizwire) – Nike Korea added new terms and conditions to prevent its footwear from being purchased simply for the purpose of reselling and decided to strengthen restrictions on individuals who disrupt the reselling market. In its newly disclosed terms and conditions, the South Korean unit of Nike, Inc. added a new [...]
SEOUL, Sept. 19 (Korea Bizwire) — Close to 60 percent of South Koreans agree with replacing BTS’ mandatory military service with other alternatives, a poll showed Sunday. Innertech Systems, a local polling agency, conducted a nationwide survey of 3,004 men and women above 18 years of age, of which 59.8 percent agreed that the K-pop [...]