SEOUL, April 1 (Korea Bizwire) — A recent South Korean Supreme Court ruling requiring companies to include conditional regular bonuses in base wages is placing significant financial pressure on employers, particularly smaller firms, according to a new survey released Sunday by the Korea Chamber of Commerce and Industry (KCCI). The emergency survey, conducted 100 days after [...]
SEOUL, April 1 (Korea Bizwire) — More than seven in ten South Koreans view the potential privacy risks associated with artificial intelligence (AI) as serious, according to a new national survey released Sunday by the Personal Information Protection Commission. The 2024 Personal Data Protection and Utilization Survey, conducted between September and December of last year, gathered [...]
SEOUL, March 31 (Korea Bizwire) — The government of South Korea faces mounting pressure from the United States to commit to purchasing liquefied natural gas (LNG) from Alaska, a move that could carry significant economic and geopolitical consequences for Seoul. But despite a visit by Alaska Governor Mike Dunleavy last week and growing American expectations, South [...]
SEOUL, March 31 (Korea Bizwire) — South Korea’s quick commerce (or “Q-commerce”) market—defined by delivery times under an hour—is rapidly expanding as major players including Emart, Naver, and Daiso aggressively enter the fray, intensifying competition in the nation’s retail and e-commerce sectors. Emart, the country’s largest hypermarket chain, has quietly rejoined the Q-commerce arena after [...]
SEOUL, March 30 (Korea Bizwire) — South Korea officially rolled out its high school credit system this month, transforming the educational landscape by allowing students to customize their coursework much like university students. The program, long in development, aims to foster individualized learning paths and better align education with students’ career aspirations. At Dangok High [...]
SEOUL, March 29 (Korea Bizwire) — As South Korea reels from its worst-ever simultaneous wildfires, with widespread displacement and loss of life, animals—both wild and domestic—have become silent victims of the unfolding disaster. From burned forests to abandoned homes, many creatures have been left stranded or injured as flames tore through their habitats and communities. Animal [...]
JEJU, South Korea, March 29 (Korea Bizwire) — Long overshadowed by the island’s famed black pigs, Jeju’s native black cattle, known as Jeju Heukwoo, are emerging as a key focus of local branding and preservation efforts. Once on the brink of extinction, the breed is now being positioned as a premium regional specialty through expanded government [...]
UISEONG, South Korea, March 27 (Korea Bizwire) — As a massive wildfire continues to rage across the North Gyeongsang region following its outbreak on March 22, a story of extraordinary animal resilience and maternal instinct has captured the nation’s attention. Animal rescue group Youumbba revealed this week that a Jindo dog and her puppies were found [...]
SEOUL, March 27 (Korea Bizwire) — South Korea’s possible participation in the Alaska liquefied natural gas (LNG) project will likely be viewed “favorably” in tariff negotiations with the Donald Trump administration, Alaska’s governor has said. Alaska Gov. Mike Dunleavy made the remarks in a roundtable interview with Yonhap News Agency and other news outlets on [...]
DAEGU, March 26 (Korea Bizwire) — A growing number of South Korean local governments are implementing a “lunchtime closure” policy at public offices, sparking a national debate over the balance between public service efficiency and workers’ right to rest. Under the system, civil service counters close entirely from 12 p.m. to 1 p.m., giving staff uninterrupted [...]