SEOUL, Nov. 26 (Korea Bizwire) — An Air Force brigadier general has been demoted by one rank to colonel for mishandling a sexual assault case that led to the suicide death of a female soldier, military sources said Saturday. Jeon Ik-soo, the chief legal affairs officer of the Air Force, became the first general officer [...]
SEOUL, Nov. 25 (Korea Bizwire) – The nationwide strike by truck drivers caused supply disruptions across the cement and steel industries on Friday, with other sectors like auto and petrochemicals feared to bear the brunt if the protest prolongs. Cement factories were unable to ship most of the daily supply of 200,000 tons the previous [...]
SEOUL, Nov. 25 (Korea Bizwire) — With the number of undocumented foreigners who have failed to return to their home countries after their visas have expired reaching over 410,000, the largest proportion of them are study-abroad students and those studying the Korean language, data showed Thursday. The Ministry of Justice said that there were 137,779 [...]
SEOUL, Nov. 25 (Korea Bizwire) — North Korea’s state broadcaster covered the South Korea’s national flag with a blur as it broadcasted the 2022 FIFA World Cup as part of its policy of excluding reports on Seoul that may undermine the regime. The Korean Central Television (KCTV) broadcasted the recorded version of the World Cup [...]
SEOUL, Nov. 25 (Korea Bizwire) — A variety of South Korean businesses, including those specializing in automobiles, self-driving technology, semiconductors for automobiles, and telecommunications software will unite forces to create a connected car ecosystem. The Ministry of Trade, Industry and Energy announced that it hosted an inauguration ceremony for the Connected Car Alliance in Yeouido, [...]
SEOUL, Nov. 25 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, said Thursday it will offer a “non-marriage” grant, similar to the company’s existing “marriage” grant, a first among large companies in the country. According to the company, the non-marriage grant system will take effect from the beginning of next year, [...]
SEOUL, Nov. 24 (Korea Bizwire) — The Constitutional Court on Thursday struck down two legal clauses permanently banning people convicted of sex crimes against children from being appointed as public officials or soldiers. Under the two separate laws, people convicted for sexual offenses against minors are permanently banned from working as public servants or career [...]
SEOUL, Nov. 24 (Korea Bizwire) — The government has begun to take action to correct Kia Corp.’s “hereditary employment” clause included in the collective agreement. The Ministry of Employment and Labor sent out an official notification that the South Korean automaker’s collective agreement includes an unlawful provision, and that corrective procedures will soon take place. [...]
SEOUL, Nov. 24 (Korea Bizwire) — When Joung Ji-won, the founder and CEO of Algocare Lab, decided to apply for a venture incubator program of Samsung Electronics Co. last year, her startup was in its third year of operation and already recognized for its innovative ideas for personalized nutrition management. Still, she found it challenging [...]
SEOUL, Nov. 24 (Korea Bizwire) — Mercedes-Benz Financial Services Korea (MBFSK), the South Korean unit of Mercedes-Benz Group AG’s financial and mobility services division, is being criticized for predatory lending practices. It has been pointed out that MBFSK is offering high-interest-rate loans to new customers after borrowing at low interest rates from its German headquarters. [...]