SEOUL, Sept. 22 (Korea Bizwire) — Student drug offenders jumped nearly 2.5-fold over the past three years, marking a sharp increase compared with a 1.3-fold rise in overall drug offenders seen during the period, a report showed Thursday. According to the police report submitted to Democratic Party Rep. Kang Deuk-gu, the number of elementary to [...]
SEOUL, Sept. 21 (Korea Bizwire) — South Korea has made it official that nuclear energy will be included in the list of government-labeled green economic activities despite opposition from environmental activists. The environment ministry on Tuesday released a draft revision to the national green taxonomy guideline. The classification system was first announced in December by [...]
SEOUL, Sept. 21 (Korea Bizwire) — POSCO Chemical Co., a South Korean producer of advanced materials, said Wednesday the construction began for a domestic plant to produce a key coating material used in secondary batteries under a joint venture with chemical company OCI Co. The factory, to be located in the central region of South [...]
SEOUL, Sept. 21 (Korea Bizwire) — The introduction of automation technology increases the retirement risk for older office workers, a central bank report said Tuesday. The Bank of Korea (BOK) traced the employment situation of 962,404 workers between 25 and 69 years of age at 3,033 companies for three years from 2015 to 2017. The [...]
SEOUL, Sept. 21 (Korea Bizwire) — The government plans to reduce the public school workforce due to a decline in the student population. According to the plan that the Ministry of Education formulated through consultations with other government agencies, the government will lower the number of public school teachers to 344,906 next year, a reduction [...]
SEOUL, Sept. 20 (Korea Bizwire) – Nike Korea added new terms and conditions to prevent its footwear from being purchased simply for the purpose of reselling and decided to strengthen restrictions on individuals who disrupt the reselling market. In its newly disclosed terms and conditions, the South Korean unit of Nike, Inc. added a new [...]
SEOUL, Sept. 19 (Korea Bizwire) — Labor unionists of Samsung Electronics Co. are seeking to file a suit against the tech giant over its “peak wage” policy, sources said Monday. Samsung’s biggest labor union has been seeking participants in the legal action on its website since last Thursday. The union has around 6,000 members, some [...]
SEOUL, Sept. 19 (Korea Bizwire) – The ruling People Power Party (PPP) launched a task force aimed at uncovering alleged corruption in the spending of government funds set aside to promote the installation of solar panels to enhance renewable energy generation in the previous administration. The move follows recent findings by the Office of Government [...]
SEOUL, Sept. 19 (Korea Bizwire) — A planned murder is three times more likely if it is preceded by an act of stalking, a study indicated Sunday. A thesis recently published by Kim Sung-hee, a police science professor at the Korean National Police University and Lee Soo-jung, a forensic psychology professor at Kyonggi University, studied [...]
SEOUL, Sept. 19 (Korea Bizwire) — Close to 60 percent of South Koreans agree with replacing BTS’ mandatory military service with other alternatives, a poll showed Sunday. Innertech Systems, a local polling agency, conducted a nationwide survey of 3,004 men and women above 18 years of age, of which 59.8 percent agreed that the K-pop [...]