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Japan Waters Down Wartime Wrongdoings, Ups Territorial Claim in New School Textbooks

Japan Waters Down Wartime Wrongdoings, Ups Territorial Claim in New School Textbooks

TOKYO, March 28 (Korea Bizwire) — The Japanese government on Tuesday approved new textbooks, apparently watering down the coercive nature of its wartime wrongdoings and intensifying its sovereignty claim to Dokdo, for use by the country’s elementary school students starting in 2024. Tokyo’s education ministry announced that 149 textbooks have passed its review, a move [...]

Contaminated Water Crisis: Japan’s Plan to Release Fukushima Water into the Ocean Sparks Concerns and Backlash

Contaminated Water Crisis: Japan’s Plan to Release Fukushima Water into the Ocean Sparks Concerns and Backlash

SEOUL, March 25 (Korea Bizwire) — In 1993, it was discovered that the Soviet (now Russian) Navy had dumped approximately 1,000 tons of radioactive nuclear waste in the East Sea, 190 kilometers southeast of Vladivostok. Although the Soviet Union claimed that the concentration of nuclear waste released was lower than the International Atomic Energy Agency (IAEA) [...]

Half of S. Koreans See Marriage, Childbirth as Not a Must: Report

Half of S. Koreans See Marriage, Childbirth as Not a Must: Report

SEOUL, March 23 (Korea Bizwire) — Half of South Koreans viewed marriage as unessential and nearly 60 percent of those in their 10s and 20s said childbirth after marriage is not a must, a government report showed Thursday, illustrating the country’s demographic crisis amid a record-low birthrate. Only 50 percent of South Koreans aged 13 [...]

Surge in Private Education Costs Fuels Low Birth Rate Trend in S. Korea

Surge in Private Education Costs Fuels Low Birth Rate Trend in S. Korea

SEOUL, March 17 (Korea Bizwire) — South Korea’s “medical school craze” has intensified to the point where students as young as elementary school are attending entrance exam classes. This phenomenon is not limited to the mecca of private education, Daechi-dong in southern Seoul, but is widespread across the country. This trend has become increasingly controversial [...]

ICT Ministry to Open Up Course to Train ‘Prompt Engineers’

ICT Ministry to Open Up Course to Train ‘Prompt Engineers’

SEOUL, March 17 (Korea Bizwire) – The government is stepping up to train “prompt engineers” who are tasked with extracting better results from artificial intelligence (AI) tools like ChatGPT. The Ministry of Science and ICT said Thursday it will open up a new program to train prompt engineers. The program trains students on how to [...]

‘Instant Bank Run’ Spikes Concerns About S. Korean Online Lenders

‘Instant Bank Run’ Spikes Concerns About S. Korean Online Lenders

SEOUL, March 17 (Korea Bizwire) — As a bank run carried out from smartphones has been identified as one of the factors behind the rapid downfall of Silicon Valley Bank, which collapsed in just 36 hours, concerns are growing that South Korea’s online lenders could also fall prey to a fast-moving bank run. Under the [...]

S. Korea to Set Up World’s No. 1 Semiconductor Cluster in Seoul Metropolitan Area

S. Korea to Set Up World’s No. 1 Semiconductor Cluster in Seoul Metropolitan Area

SEOUL, March 15 (Korea Bizwire) — South Korea will create the world’s largest semiconductor cluster in Yongin, located in the Seoul metropolitan area, by earmarking 300 trillion won (US$229.81 billion) as part of efforts to secure a competitive edge in the sector and to further the country’s economic growth momentum, the industry ministry said Wednesday. [...]

Concerns Rise over Potential Leaks of S. Korean Semiconductor Industry Secrets

Concerns Rise over Potential Leaks of S. Korean Semiconductor Industry Secrets

SEOUL, March 13 (Korea Bizwire) — In the late 1980s, Japan was a semiconductor powerhouse, accounting for more than 50 percent of sales by country and region. However, Japan’s semiconductor industry has declined, and the market is now dominated by Taiwan and South Korea, with the U.S. perceiving China’s growth as a threat. The U.S. [...]

Online Car Selling Platforms Gain Momentum in S. Korea

Online Car Selling Platforms Gain Momentum in S. Korea

SEOUL, March 10 (Korea Bizwire) — Boosted by the popularity of U.S. electric carmaker Tesla Inc., automakers are increasingly adopting online car selling platforms to revive sales in South Korea amid the prolonged COVID-19 pandemic. In 2017, Tesla began to sell its vehicles through an online platform in South Korea, raising questions over the effectiveness [...]

Last Survivors of Forced Labor Decry Government Settlement with Japan

Last Survivors of Forced Labor Decry Government Settlement with Japan

SEOUL, March 7 (Korea Bizwire) — On August 13, 2019, a special episode of “You Quiz on the Block,” a popular Korean talk show and quiz program, was aired to commemorate Liberation Day and convey the heart-wrenching experiences of Korean patriots who suffered during the independence movement and Japanese colonial period. The show’s hosts, Yoo [...]