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Man Who Returned to Religious Activities Convicted of Evading Military Service

Man Who Returned to Religious Activities Convicted of Evading Military Service

SEOUL, Aug. 19 (Korea Bizwire) — A district court has ruled that it cannot accept a conscientious objection to mandatory military service based on a recently joined Jehova’s Witness activity after several years of staying out of religious activities. The Seoul Central District Court on Thursday sentenced a 28-year-old man to 10 months in prison, suspended [...]

Samyang Foods Executive Thanks BTS’ Jimin for Boosting Popularity of Its Instant Noodle

Samyang Foods Executive Thanks BTS’ Jimin for Boosting Popularity of Its Instant Noodle

SEOUL, Aug. 19 (Korea Bizwire) — An executive of major South Korean foodmaker Samyang Foods Co. has thanked Jimin, a member of K-pop superband BTS, after reporting record-breaking quarterly sales. Samyang generated 27.3 billion won (US$20 million) in operating profits in the second quarter, up by 92 percent, and reported 255.3 billion won in revenue, [...]

Consortium of Civic Organizations Calls for Abortion Rights

Consortium of Civic Organizations Calls for Abortion Rights

SEOUL, Aug. 18 (Korea Bizwire) — Women’s rights organizations and human rights groups have joined together to call for the right to abortion. The consortium, comprised of 22 groups, held a press conference on Wednesday and said abortion “shouldn’t be punished, but protected as a right”. Organizers said that they would continue their protest until [...]

Household Income Grows at Fastest Clip in Q2; Consumption Propensity at Record Low

Household Income Grows at Fastest Clip in Q2; Consumption Propensity at Record Low

SEOUL, Aug. 18 (Korea Bizwire) — Household income rose at the fastest pace on record in the second quarter due largely to pandemic-related cash handouts, but households’ propensity to consume hit a record low amid high inflation, data showed Thursday. The average household earned 4.83 million won (US$ 3,700) per month in the January-June period, [...]

Agriculture Ministry to Improve Compensation Payment Standards for Livestock Culling

Agriculture Ministry to Improve Compensation Payment Standards for Livestock Culling

SEOUL, Aug. 18 (Korea Bizwire) — The Ministry of Agriculture, Food and Rural Affairs said Wednesday that it will improve the compensation payment standards for livestock culling after collecting opinions from livestock farms. Livestock culling compensation is paid to farms that cull their livestock due to domestic animal infectious diseases such as African swine fever [...]

Researchers Detect New Bacteria that Can Turn Green Algae Nitrate into Fertilizer

Researchers Detect New Bacteria that Can Turn Green Algae Nitrate into Fertilizer

SEOUL, Aug. 18 (Korea Bizwire) — South Korean researchers have discovered a new bacteria that can convert the nitrate responsible for the growth of green algae into ammonia at a sewage disposal facility. A research team from the National Institute of Biological Resources and the Korea Advanced Institute of Science and Technology (KAIST) announced on [...]

Negative Impacts of Natural Disasters Worse Among Low-income Tier: Study

Negative Impacts of Natural Disasters Worse Among Low-income Tier: Study

SEOUL, Aug. 15 (Korea Bizwire) — The recent torrential rain that hit South Korea’s central region was responsible for the deaths of several people among society’s more vulnerable groups, and the socially vulnerable bear larger and more extensive mental damage, a study showed Sunday. Lee Yoo-bin from the Seoul National University Graduate School of Public [...]

Pandemic Hurts State Pension Fund’s Financial Quality: Report

Pandemic Hurts State Pension Fund’s Financial Quality: Report

SEOUL, Aug. 15 (Korea Bizwire) — The coronavirus pandemic, which has roiled markets since 2020, may be hurting the finances of South Korea’s state pension fund, a report said Sunday. The National Pension Research Institute reported that the number of marriages dropped to 214,000 in 2020, down 10.7 percent from 2019. In 2021, there were [...]

Manhole Deaths Prompt Seoul to Trial Safety Nets, Other Protective Devices

Manhole Deaths Prompt Seoul to Trial Safety Nets, Other Protective Devices

SEOUL, Aug. 15 (Korea Bizwire) – The Seoul Metropolitan Government has announced plans to install safety nets and other screening devices in manholes as part of efforts to prevent people from falling or getting sucked through the openings during flooding. The initiative comes after a number of people fell into open manholes during last week’s [...]