SEOUL, July 15 (Korea Bizwire) — Can workplace bullies be punished? It’s a tricky question in South Korea. A revised labor law aimed at preventing workplace bullying went into effect here on July 16 last year. But the law came with a handful of prerequisites. For one, it defines workplace harassment as “an act of [...]
SEJONG, July 14 (Korea Bizwire) — South Korea will invest 160 trillion won (US$133 billion) by 2025 under its bold stimulus step, the “Korean New Deal,” projects that will help create 1.9 million jobs and kick-start the coronavirus-hit economy, Finance Minister Hong Nam-ki said Tuesday. Hong unveiled what the government calls “Digital and Green New [...]
SEOUL, July 14 (Korea Bizwire) — Is it an attempt to evade car acquisition taxes, or to offer more choices to customers? U.S. electric carmaker Tesla Motors Inc. allows customers to purchase Full Self-Driving (FSD) systems priced at 9 million won (US$7,500) even after the customers buy a non-FSD model. Purchasing a separate option after [...]
SEOUL, July 13 (Korea Bizwire) — Touted as one of South Korea’s biggest export products, K-pop and its industry have always had a strong impulse to go beyond the borders of South Korea to capture the imaginations of audiences across borders and cultures — as well documented in the BTS phenomenon and global hype surrounding [...]
SEOUL, July 10 (Korea Bizwire) — Angry protesters have been gathering in front of a local court this week, denouncing a recent decision to keep in Korea a criminal who ran a child porn site. “The decision is neither right nor fair. There is no justice in the Republic of Korea,” one sign read, using [...]
SEJONG/SEOUL, July 10 (Korea Bizwire) — South Korea will raise property ownership tax rates for multiple home owners, the finance ministry said Friday, in the latest move to curb housing prices. The current 0.6 percent to 3.2 percent ownership tax on people who own three or more homes will be raised to 1.2 percent to [...]
SEOUL, July 9 (Korea Bizwire) — Jung Se-hee, a 40-year-old office worker, recently bought a one-month mobile voucher offered by Burger King. It allows her to buy 30 cups of Americano for 4,900 won (US$4.11), a real steal as the price tag translates to just 170 won for a cup of coffee. “I started it [...]
SEOUL, July 9 (Korea Bizwire) — The South Korean government’s recent ban on small gatherings and meetings in churches has brought about a strong backlash from the Protestant community amid rising concerns over a second wave of the novel coronavirus infection stemming from religious facilities. On Wednesday, the health authorities said Protestant churches will be [...]
SEOUL, July 9 (Korea Bizwire) — For Koh Koung-hee, it all began when a local newspaper carrying an ad for a beginner’s sign language class flew towards her on a windy day in 1997. From there, it has been a journey of learning a new language, forming close relationships with deaf friends and changing jobs [...]
SEOUL, July 8 (Korea Bizwire) — Seoul Mayor Park Won-soon on Wednesday unveiled a plan aimed at making South Korea’s capital carbon neutral by 2050, such as eventually banning internal combustion engine-powered cars and capping emissions at big buildings. The plan is part of the city’s efforts to go greener. The city aims to cut [...]