SEOUL, June 29 (Korea Bizwire) — A recent survey showed that 96.5 percent of South Koreans think the nation’s contribution to the joint defense costs for American troops in South Korea, a thorny issue that is being negotiated between South Korea and the U.S., should be reduced or maintained at a current level. The Korea [...]
SEOUL, June 27 (Korea Bizwire) — Samsung Group heir apparent Lee Jae-yong was granted a respite Friday in a legal battle over his alleged role in a controversial merger and fraudulent accounting, as an independent panel of experts concluded that prosecutors should not indict him. However, Samsung is still cautious as Lee’s legal battle is [...]
SEOUL, June 26 (Korea Bizwire) — A recent study has revealed that the government’s handling of the so-called ‘infodemic’ situation, in which fake information regarding the coronavirus goes viral throughout society, has proven to be effective. Prof. Sohn Ae-ree from Sahmyook University analyzed the government’s crisis management efforts amid the coronavirus outbreak based on interviews [...]
SUNCHEON, June 26 (Korea Bizwire) — A wealth sharing campaign has been spreading in Suncheon, a city about 415 kilometers south of Seoul, to support underprivileged citizens hit hard by the coronavirus outbreak, the municipality of Suncheon said Friday. The campaign was launched in March at the proposal of Suncheon Mayor Heo Seok, who took [...]
SEOUL, June 24 (Korea Bizwire) — A decision by Incheon International Airport Co. to give full employment status to temporary workers has stirred up a furious debate about a level playing field and angered some for what they called reverse discrimination. Earlier this week, the public company, one of the country’s most coveted among jobseekers, [...]
SEOUL, June 24 (Korea Bizwire) — The government will allow South Koreans to send face masks to overseas family members regardless of whether they have Korean citizenship or not as domestic supplies have stabilized, the foreign ministry said Wednesday. Currently, South Koreans are allowed to send up to 12 surgical masks per person every month, [...]
SEOUL, June 22 (Korea Bizwire) — The memoir of former U.S. National Security Adviser John Bolton is feared to worsen distrust between the United States and North Korea amid their stalled nuclear diplomacy, as it reveals that President Donald Trump’s policy was driven by what Bolton calls “reelection calculations.” In his upcoming book, “The Room [...]
SEOUL, June 21 (Korea Bizwire) — Despite South Korea’s unrelenting drive for reconciliation, North Korea is pivoting to brinkmanship tactics with its venomous rhetoric, demolition of a joint liaison office and military steps in anger over propaganda leaflets sent from the South. The deepening Sino-U.S. rivalry is muddling the prospects of cooperation for regional stability, [...]
SEOUL, June 19 (Korea Bizwire) — To prevent coronavirus epidemics which are spread by wildlife vectors, it’s better to attempt to improve the overall health of the ecosystem rather than passively taking ex-post countermeasures, according to a new report released by a state-run body affiliated with the Prime Minister’s Office. The Korea Environment Institute published [...]
SEOUL, June 18 (Korea Bizwire) — More than three out of every 10 South Koreans believe it is unnecessary to have kids even after marriage, while parents spend nearly US$300 a month on private education for each student in grades 12 or below, a report from the statistics office showed Thursday. According to the report, [...]