SEOUL, May 16 (Korea Bizwire) – The Seoul city government said Thursday it will introduce a daily transit pass for tourists in July, offering unlimited access to the city’s subways and buses for a temporary period in the latest move to enhance the city’s competitiveness as a global tourist spot. The Seoul metropolitan government said [...]
SEOUL, May 16 (Korea Bizwire) – The average annual salary for doctors in South Korea surpassed 300 million won in 2022, according to government data on physician workforce and wages released on May 14. The data, submitted by the Ministry of Health and Welfare to the Seoul High Court on May 10, represents the latest official [...]
SEOUL, May 15 (Korea Bizwire) – Low salaries and abusive complaints from parents are the top reasons young teachers in South Korea are leaving the profession, according to a new survey that highlights disillusionment in a field once seen as a stable career path. The poll of over 1,000 teachers in Seoul by the Korean Teachers [...]
SEOUL, May 15 (Korea Bizwire) – At this year’s Lotus Lantern festival in Seoul, one of South Korea’s most celebrated cultural events and a UNESCO intangible heritage, the highlight came from an unlikely figure: a dancing Buddhist monk moving to thumping electronic dance music beats. Donning colorful robes and a headset gifted by the leader of [...]
SEOUL, May 14 (Korea Bizwire) – As the South Korean government accelerates research into the potential hazards of synthetic nicotine to determine regulatory measures, attention is turning to whether these products could be subject to tobacco taxes. If synthetic nicotine is included under the Tobacco Business Act’s regulatory purview, liquid-based synthetic nicotine products, which have so [...]
SEOUL, May 14 (Korea Bizwire) – A South Korean highway employee who pioneered the use of color-coded lane markers at highway exits over a decade ago has been awarded one of the country’s highest civilian honors. On May 11, the Ministry of the Interior and Safety held a Government Innovation Awards ceremony, bestowing honors on six [...]
SEOUL, May 14 (Korea Bizwire) – As Naver weighs selling its stake in LINE Yahoo to SoftBank, employees at LINE’s Korean subsidiaries are grappling with uncertainty about their future. Just six months after the merger of LINE and Yahoo Japan, Naver’s consideration of divesting its LINE Yahoo shares has sparked concerns about job security among workers. [...]
SEOUL, May 13 (Korea Bizwire) – On the first floor of Lotte World Mall last month, queues snaked up to the third floor as crowds of students and foreign visitors flocked to a pop-up store event featuring the K-pop group Tomorrow X Together. At a Kiwoom Heroes baseball team pop-up that ran until May 5 at [...]
CHEONGJU, May 10 (Korea Bizwire) – At the smoking hazard laboratory in Osong, a city in North Chungcheong Province, researchers have been meticulously analyzing the liquid contents of commercially available e-cigarettes using advanced equipment, according to officials who gave a tour to reporters on May 8. The intensive analysis stems from concerns that e-cigarette liquids may [...]
SEOUL, May 10 (Korea Bizwire) — The combined loss by insurers from selling medical indemnity insurance products widened from a year earlier in 2023 despite an increase in sales, data showed Friday. The combined loss of seven life insurers and 10 non-life insurers from their medical indemnity insurance, or reimbursement-backed private medical insurance, came to [...]