SEOUL, Feb. 10 (Korea Bizwire) — One of the largest concerns faced by immigrant women living in South Korea after getting married to a South Korean national is dealing with legal problems caused by various illegal acts, a civic support group for female immigrants said Tuesday. The Seoul Counseling Center for Migrant Women reported 11,125 [...]
SEOUL, Feb. 9 (Korea Bizwire) — Chinese electronics giant Skyworth has apologized over misusing an image of LG Electronics Inc.’s rollable TV during its presentation at a tech expo last month, industry insiders said Tuesday, following the South Korean tech firm’s complaint. Skyworth USA Corp., the American unit of Skyworth, recently issued a statement acknowledging [...]
SEOUL, Feb. 8 (Korea Bizwire) — While conglomerate employees have always had complaints about bonus payments, the issue has once again reached a head after this year’s raging disputes between management and labor unions have spotlighted the importance of rewarding systems and internal communication. While SK hynix Inc., South Korea’s No. 2 chipmaker, took the [...]
SEOUL, Feb. 5 (Korea Bizwire) — Trendsetting companies from various fields including communications, credit card and others will join hands to build South Korea’s first private-sector ‘data dam’. SK Telecom Co., jointly with Shinhan Card Co., Korea Credit Bureau Co., GS Retail Co. and Real Estate 114 Inc. have formed a data alliance, announcing plans [...]
SEOUL, Feb. 4 (Korea Bizwire) — It’s been only a few months since Son Ja-young started to feel less self-conscious talking about her upbringing. She used to lie or avoid the subject all together, if possible. Over the past months, she’s been opening up about her life at foster care to others and, by doing [...]
SEOUL, Feb. 3 (Korea Bizwire) — Surging demand for prepared food following the coronavirus outbreak have resulted in a booming home meal replacement (HMR) market. The popularity of meal kits, in particular, has soared. Meal kits come with all the ingredients needed for cooking, allowing customers to easily cook even the most difficult cuisines by [...]
SEOUL, Feb. 2 (Korea Bizwire) — South Korea plans to build a public big data system by 2024 by compiling all data from government agencies. Statistics Korea introduced plans to build the K-Statistics System on Monday, a cloud-based public big data system that collects data from both central and regional governments as well as public [...]
SEOUL, Feb. 2 (Korea Bizwire) — South Korea will closely monitor a potential increase in market volatility as investors’ herb behavior, illustrated in the U.S. GameStop case, could frequently occur, the vice finance minister said Tuesday. Global stock markets recently underwent high fluctuations after retail investors snapped up shares of U.S. video game vendor GameStop, [...]
SEOUL, Feb. 1 (Korea Bizwire) — Amid fanfare over a stock bull run, South Korea’s financial regulator is in a tight spot over whether to allow short selling as scheduled in March as more retail investors have demanded an outright ban on the trading tactics for a level playing field with institutional investors. With the [...]
SEOUL, Jan. 28 (Korea Bizwire) — All foreigners staying illegally in South Korea are allowed to take coronavirus tests free of charge without disclosing their identities, the Ministry of Justice said Thursday. The ministry said undocumented foreigners, including those who overstayed their visas, can “simply and anonymously” take free COVID-19 tests at any of the [...]