SEOUL, March 13 (Korea Bizwire) — South Korea’s major conglomerates pushed back their hiring schedules due to the novel coronavirus, industry officials said Friday, amid concerns that they may scale down their employment plans in the first half of the year. Samsung Group, South Korea’s largest conglomerate, said it is very likely to postpone its [...]
SEOUL, March 11 (Korea Bizwire) — South Korea will operate a system to support epidemiological investigation of people infected with the novel coronavirus by utilizing various cutting-edge technology, government officials said Wednesday. The system is aimed at helping health investigators to swiftly check various data such as surveillance camera footage and credit card transactions of [...]
SEOUL, March 6 (Korea Bizwire) — While many nations around the globe are struggling to stem and contain the spread of the novel coronavirus, South Korea’s own creative ideas and technological prowess in its fight against the new virus are drawing attention from its peers. South Korea has so far reported more than 6,000 COVID-19 [...]
SEOUL, March 5 (Korea Bizwire) — Big businesses in South Korea are introducing more “social-distancing” measures to help contain the disruptive coronavirus outbreak, sources said Thursday. It comes as the government has proposed a social-distancing drive to slow the fast spread of the pneumonia-causing disease, seeing the next couple of weeks as a turning point [...]
SEOUL, March 4 (Korea Bizwire) — Gyeonggi Province’s city of Ansan, currently unhindered by the coronavirus, has deployed drones to bolster quarantine efforts. The city, home to a large number of foreign residents, plans to deploy drones to expand coverage in vulnerable areas. The city organized a team of ‘drone quarantine volunteers,’ consisting of local [...]
SEOUL, Feb. 29 (Korea Bizwire) — With the new coronavirus outbreak continuing to spread unabated, a vocal minority of the electorate is calling for South Korean President Moon Jae-in to be impeached. As of Friday, more than 1.3 million Koreans had signed an online public petition calling for Moon’s impeachment on the website of the [...]
SEOUL, Feb. 27 (Korea Bizwire) — South Korean companies are engaging in preventive restructuring to offset the economic impact from the coronavirus outbreak. Even conglomerates, traditionally strong employers offering quality recruitment opportunities, are announcing a series of restructuring plans, adding to the fear already rampant in the labor market. Doosan Heavy Industries & Construction Co., [...]
SEOUL, Feb. 26 (Korea Bizwire) — Public chagrin is growing over some Chinese provincial authorities’ forcible anti-coronavirus quarantine measures against South Koreans, fueling criticism of Seoul’s cautious immigration controls and strengthening calls for broader entry bans on Chinese visitors. Despite Seoul’s entry ban limited only to China’s central Hubei Province at the center of the [...]
SEOUL, Feb. 25 (Korea Bizwire) — Major South Korean companies said Tuesday they have allowed their employees to work from home as a precautionary measure as the novel coronavirus is spreading quickly across the country. South Korea has so far reported 977 confirmed cases, with most cases occurring in the southeastern city of Daegu and [...]
SEOUL, Feb. 25 (Korea Bizwire) — A recent study has found that South Koreans in their 50s and older have cut spending due to anxiety over their income in their retirement years, contributing to the overall decline in the country’s propensity to consume. In a report released Monday, the Bank of Korea (BOK) analyzed the [...]