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S. Korea to Require ‘Shrinkflation’ Signs on Products for Downsizing

S. Korea to Require ‘Shrinkflation’ Signs on Products for Downsizing

SEOUL, May 3 (Korea Bizwire) — Companies will be fined for reducing packet contents while maintaining retail prices without notice in South Korea as the government seeks to eradicate “shrinkflation” practices to better ensure consumer rights, the antitrust regulator said Friday. Under the envisioned revision of relevant regulations, manufacturers of daily necessities, including milk, coffee, [...]

South Korean Youth Enjoying Improved Family Ties and Outlook After Pandemic

South Korean Youth Enjoying Improved Family Ties and Outlook After Pandemic

SEOUL, May 2 (Korea Bizwire) – With the Covid-19 pandemic waning in South Korea, a government survey has found that most aspects of teenagers’ daily lives, including relationships with friends and family as well as school experiences, are undergoing positive changes.  Adolescents have reported spending significantly more time confiding in their parents about their concerns, sharing [...]

S. Korea to Focus on Fostering Console Game Industry over Next 5 Yrs: Culture Ministry

S. Korea to Focus on Fostering Console Game Industry over Next 5 Yrs: Culture Ministry

SEOUL, May 1 (Korea Bizwire) — South Korea will focus on fostering its console game sector over the next five years as part of efforts revive the country’s game industry, the culture ministry said Wednesday. Under the five-year plan to promote the game industry, the Ministry of Culture, Sports and Tourism will work to expand [...]

Augmented Reality App Revives Memorial for Korean Laborers Demolished in Japan

Augmented Reality App Revives Memorial for Korean Laborers Demolished in Japan

TOKYO, May 1 (Korea Bizwire) – A memorial honoring Korean workers during Japan’s colonial occupation, which was dismantled by authorities in Gunma Prefecture in January, has been digitally resurrected through an augmented reality (AR) application, according to a report by the Asahi Shimbun on April 30. The “AR Korean Workers’ Memorial” app allows users to virtually [...]

Supreme Court Seeks Updated Sentencing Guidelines for Voice Phishing and Insurance Fraud

Supreme Court Seeks Updated Sentencing Guidelines for Voice Phishing and Insurance Fraud

SEOUL, April 30 (Korea Bizwire) – The Supreme Court will seek to set new sentencing guidelines on crimes related to voice phishing and insurance fraud in a move to toughen punishment for fraud crimes for the first time in 13 years. The Sentencing Commission, affiliated with the top court, made the decision to newly include [...]

Workplace Bullying and Harassment Widespread in South Korea, Advocacy Group Finds

Workplace Bullying and Harassment Widespread in South Korea, Advocacy Group Finds

SEOUL, Apr. 30 (Korea Bizwire) – Seven out of 10 South Korean workers who reported suffering in their jobs said they had been victims of bullying, violence or other abusive behavior, according to an analysis by a civic group that spotlights workplace injustices.  The Seoul-based organization Gabjil 119 said on April 29 that of the 407 [...]

Many South Korean Irregular Workers Denied Paid Holidays, Survey Finds

Many South Korean Irregular Workers Denied Paid Holidays, Survey Finds

SEOUL, Apr. 29 (Korea Bizwire) – A recent survey has revealed that nearly 6 out of 10 irregular workers in South Korea are not receiving paid leave on national holidays, a benefit guaranteed by the country’s labor laws.  The findings were announced on April 28 by the civic group Gabjil 119, which commissioned a poll of [...]

Living Alone Linked to Lower Medication Adherence in Older Adults With Chronic Illness

Living Alone Linked to Lower Medication Adherence in Older Adults With Chronic Illness

SEOUL, Apr. 29 (Korea Bizwire) – A new study has found that older adults with chronic conditions who live alone are less likely to take their medications as prescribed compared to those living with family members. Poor medication adherence among patients requiring long-term treatment for chronic illnesses can lead to reduced treatment efficacy, increased adverse effects, [...]

Break Down of South Korea’s Ambitious Initiatives to Lead in Cutting-Edge Technologies

Break Down of South Korea’s Ambitious Initiatives to Lead in Cutting-Edge Technologies

SEOUL, April 25 (Korea Bizwire) – South Korea’s government has finalized its blueprint to establish global leadership in three pivotal areas it deems “game changers” for the future: artificial intelligence semiconductors, advanced biotechnology and quantum technology. The Presidential Advisory Council on Science & Technology, the nation’s top decision-making body for science and technology issues chaired by [...]

South Korea Sees Progress on Suicide Rate, But Challenges Remain

South Korea Sees Progress on Suicide Rate, But Challenges Remain

  SEOUL, April 25 (Korea Bizwire) – South Korea’s suicide rate declined in 2023 but remained the highest among countries in the Organization for Economic Cooperation and Development, according to a government report, which also highlighted rising rates of sex crimes and drunk driving in the country. The report, “Korea’s Safety Report 2023,” released on April [...]