SEOUL, Feb. 22 (Korea Bizwire) — More than 70 percent of university hospitals accross the country have failed to recruit a single resident for their pediatrics departments for the first half of this year. Rep. Seo Young-seok of the Democratic Party referred to a report from the Ministry of Health and Welfare that revealed Seoul [...]
SEJONG, Feb. 22 (Korea Bizwire) — The number of babies born in South Korea reached yet another fresh low in 2022, data showed Wednesday, with deaths outpacing births for the third consecutive year. A total of 249,000 babies were born last year, falling 4.4 percent from the previous record low in 2021, according to the [...]
SEOUL, Feb. 22 (Korea Bizwire) — The Demilitarized Zone (DMZ) on the Korean Peninsula is ironically one of the world’s most heavily militarized borders with a memory of bloody battles during the 1950-53 Korean War. At the same time, the strip of land along the North-South Korean border is recognized as one of the most [...]
SEOUL, Feb. 22 (Korea Bizwire) — South Korean tech giants have joined hands to expand the simple payment ecosystem with the impending launch of Apple Inc.’s mobile payment service Apple Pay in the domestic market, Samsung Electronics Co., the world’s largest mobile phone maker, and Naver Financial Corp., a financial arm of leading portal operator [...]
SEOUL, Feb. 21 (Korea Bizwire) — Platform workers and cab drivers earned less than the minimum hourly wage last year, a labor group said Monday. The Federation of Korean Trade Unions conducted a survey of 600 platform laborers which showed that their monthly income jumped from 2,995,000 won (US$2,305) when social distancing measures were still [...]
SEOUL, Feb. 20 (Korea Bizwire) — A revision of the Trade Union and Labor Relations Adjustment Act, which is mainly intended to strictly restrict filing damage suits against workers on strike, has emerged as a political hot potato, as the liberal opposition parties are pushing to railroad the bill. The controversial issue dates back to [...]
SEOUL, Feb. 20 (Korea Bizwire) — South Korea’s suicide rate slightly increased in 2021 amid the pandemic, data showed Monday, led by people in their 20s and those aged 70 and above. The number of suicides for every 100,000 South Koreans came to 26 in 2021, up 0.3 from a year earlier, according to the [...]
SEOUL, Feb. 20 (Korea Bizwire) — The shortage of skilled employees is emerging as another problem for South Korea’s chip industry, which is already struggling due to the repercussions of the global economic slump. The number of students who gave up enrollment in the semiconductor departments of the nation’s four major universities even after being [...]
SEOUL, Feb. 20 (Korea Bizwire) — Social media advertising, in general, targets young people, but older consumers are more likely to make purchases after being exposed to social media advertisements, a report showed Sunday. The report, which was published in the Journal of the Korea Contents Association, analyzed the results of a survey that the [...]
SEOUL, Feb. 19 (Korea Bizwire) — South Korean tech giant LG Electronics Inc. said Sunday it has showcased non-fungible token (NFT) artworks on its next-generation organic light-emitting diode (OLED) TVs at an art exhibition in the United States. The firm has partnered with American sculptor Barry X Ball to exhibit his artworks, including a 39-second-long [...]