SEOUL, Oct. 12 (Korea Bizwire) – The number of Chinese warships spotted operating in waters under South Korea’s jurisdiction rose to some 260 last year, up from around 220 in the previous year, a ruling party lawmaker said Wednesday. Rep. Lim Byung-heon of the People Power Party (PPP) cited data from the Defense Intelligence Agency [...]
SEOUL, Oct. 12 (Korea Bizwire) — The Korean Agency for Technology and Standards has announced that the amendment of the Electrical Appliances and Consumer Products Safety Control Act, which includes the legal basis for the reuse of retired electric vehicle (EV) batteries, passed at a Cabinet meeting on Tuesday. The new legislation, which enters effect [...]
SEOUL, Oct. 12 (Korea Bizwire) — South Korea’s state pension fund has been found to have invested a large sum of money in the so-called “sin stocks” that include liquor, tobacco and gambling businesses, data showed Tuesday. Rep. Nam In-soon of the Democratic Party referred to an National Pension Service (NPS) report that around 5.29 [...]
SEOUL, Oct. 12 (Korea Bizwire) — Stalking and dating violence have steadily increased over the past few years, yet the number of police officers in charge of such crimes has remained unchanged, police data showed Wednesday. According to the National Police Agency data submitted to Rep. Yong Hye-in of the Basic Income Party, 3,621 cases [...]
SEOUL, Oct. 12 (Korea Bizwire) – Chinese firms turned out to have a hefty stake in domestic solar power companies in the Saemangeum reclaimed land on the southwest coast, a renewable energy center for South Korea, a lawmaker said Tuesday. According to the data obtained by Rep. Park Soo-young of the People Power Party from [...]
SEOUL, Oct. 11 (Korea Bizwire) — Controversy sparked after newly recruited employees sought to sell gifts from their employers at a secondhand transactions platform. A recently posted article on Blind, a workplace community app, said that some of this year’s new recruits at Samsung Electronics Co. had sold their ‘recruitment gifts’ on Danggeun Market, a [...]
SEOUL, Oct. 10 (Korea Bizwire) — The Seoul Metropolitan Government’s Judicial Police announced that it will recruit additional investigators for an effective crackdown on animal abuse, which has become a growing problem in the city. The Judicial Police recently organized an animal abuse task force comprised of 12 expert investigators including veterinarians. A police report [...]
SEOUL, Oct. 10 (Korea Bizwire) — Chinese nationals accounted for over 60 percent of apartment purchases by foreign nationals in South Korea since 2015, a government report showed Monday. According to the land ministry report submitted to Rep. Yang Kyung-sook of the main opposition Democratic Party, the number of apartment purchase deals of Chinese nationals [...]
SEOUL, Oct. 10 (Korea Bizwire) — Close to 25 percent of interns and residents who begin thoracic surgery residency programs fail to complete them, indicating a severe shortage of qualified professionals in essential medical departments, data showed Sunday. The proportion of thoracic surgery residents who leave residencies stood at 24.1 percent as of July, and [...]
SEOUL, Oct. 9 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc. of South Korea will strive for smooth business operations in China, in spite of the latest U.S. export controls, on the basis of continued consultations with governments concerned, according to officials of the firms Sunday. The Joe Biden administration announced a set [...]