SEOUL, Oct. 13 (Korea Bizwire) – The price of the iPhone 15 is now 11 percent lower than the iPhone 14 in some countries, while it remains the same in South Korea. In the United States, Apple has kept the iPhone 15 price identical to the iPhone 14. However, in other countries, the company adjusted the price [...]
SEOUL, Oct. 12 (Korea Bizwire) — South Korea will be fully prepared for any scenarios related to the ongoing conflict between Israel and Palestinian militant group Hamas to minimize its impact on inflation and the broader economy, a senior finance ministry official said Thursday. First Vice Finance Minister Kim Byoung-hwan made the remarks while presiding [...]
SEOUL, Oct. 9 (Korea Bizwire) –As the popularity of Apple’s iPhone among young Koreans continues to rise, South Korean celebrity singer and YouTuber Sung Si-kyung recently shared an interesting anecdote about his experience using a Samsung Galaxy phone. Sung recounted a conversation with a younger person who asked him, “Do you use ‘Gal-regi’?” The term [...]
SEOUL, Oct. 9 (Korea Bizwire) – Going forward, both the additives used in cigarettes and the harmful substances that come from smoking them will be disclosed to the South Korean public. The National Assembly approved the “Law on the Control of Harmful Effects of Tobacco” (draft) during its full session on October 6. This law [...]
SEOUL, Oct. 7 (Korea Bizwire) –The Ppuri industry, which is crucial for the Korean manufacturing sector, is expected to rely more on foreign workers. This industry encompasses various manufacturing processes like casting, mold making, plastic processing, welding, surface treatment, and heat treatment. Recent data on the Korean labor market shows that 9.2 percent of workers [...]
SEOUL, Oct. 6 (Korea Bizwire) – The National Assembly on Friday passed a new bill aimed at expanding the public disclosure of personal data of violent crime offenders amid heightened public concern over heinous crimes. Nicknamed the “mug shot disclosure bill,” the legislation will allow police to disclose portrait photos of suspects in violent crimes [...]
SEOUL, Oct. 6 (Korea Bizwire) –A new law called the “Special Law on Support for Pregnancy and Protected Childbirth in Crisis Situations and Child Protection” was approved by the National Assembly. This law allows pregnant women facing tough economic, social, or emotional situations to give birth without revealing their identity. It aims to reduce risky [...]
SEOUL, Oct. 6 (Korea Bizwire) – Foreign medical schools have garnered increasing attention as an alternative route for aspiring healthcare professionals who may not secure spots at domestic medical institutions. Gaining admission to a medical school in South Korea is exceedingly competitive, with even the most exceptional students facing no guarantees, regardless of their academic achievements. [...]
SEOUL, Oct. 5 (Korea Bizwire) – The U.S. military has changed the naming of the waters between the Korean Peninsula and Japan in photo captions describing the venue for last week’s bilateral naval drills with South Korea, its website showed Thursday. The U.S. Indo-Pacific Command had initially used the Japanese name for the body of [...]
SEOUL, Oct. 3 (Korea Bizwire) — South Koreans’ happiness level is rising slowly but surely, unlike what the country’s ranking on happiness indices might suggest, according to a presidential committee promoting national cohesion. The Presidential Committee of National Cohesion said in a paper published last month that it reached the conclusion after comparing and analyzing [...]