SEOUL, Aug. 11 (Korea Bizwire) — The Seoul city government has disclosed medium- and long-term flood prevention measures centered on the construction of deep underground rainwater storage facilities in six flood-prone areas. According to the measures announced by Mayor Oh Se-hoon on Wednesday, the city government will spend 1.5 trillion won (US$1.15 billion) over the [...]
SEOUL, Aug. 11 (Korea Bizwire) — The state rights watchdog on Wednesday ruled that it is discriminatory for insurance companies to deny people who take antidepressants while receiving psychotherapy treatments from subscribing to indemnity health insurance plans. The National Human Rights Commission of Korea (NHRCK) announced that it recommended that the CEOs of two local [...]
SEOUL, Aug. 11 (Korea Bizwire) — It has become mandatory for South Korean employers to provide adequate rest even to indoor workers during heat waves. The Ministry of Employment and Labor announced that an amendment to the subordinate ordinance of the Occupational Safety and Health Act will take effect from Wednesday. The existing provision No. [...]
SEOUL, Aug. 10 (Korea Bizwire) — South Korea’s arms procurement agency on Wednesday signed deals with two local firms to develop a counterterrorism robot and a reconnaissance drone, its officials said, as the country seeks to harness new technologies for its military buildup. The Defense Acquisition Program Administration (DAPA) said that it inked a 4.6 [...]
SEOUL, Aug. 10 (Korea Bizwire) — South Korea reported job additions for the 17th straight month in July, but the pace of job growth slowed from the previous month amid heightened economic uncertainty, data showed Wednesday. The number of employed people came to 28.48 million last month, up 826,000 from a year earlier, according to [...]
SEOUL, Aug. 10 (Korea Bizwire) — The number of employees hired by South Korean startups rose by about 10 percent in one year, data showed Tuesday. According to the Ministry of SMEs and Startups, the number of employees hired by the nation’s 34,362 startups totaled 761,082 as of the end of June, up 67,605 from [...]
SEOUL, Aug. 10 (Korea Bizwire) — All workplaces employing a certain number of regular employees are now required to offer rest facilities, the labor ministry said Tuesday. The Cabinet approved a revision to the enforcement ordinance of the Occupational Safety and Health Act that stipulates the range of workplaces required to comply with rest facility [...]
SEOUL, Aug. 9 (Korea Bizwire) — A disaster movie-like scene unfolded in southern Seoul on Tuesday morning, as a large number of cars abandoned the previous night by flood-stricken motorists were left unattended on streets. The heaviest rainfall in 80 years battered the Seoul metropolitan area this week, causing flash flooding and submerging many roads [...]
SEOUL, Aug. 9 (Korea Bizwire) — The heavy downpours that have pummeled Seoul and central regions of South Korea also hit the retail industry, causing closures of department stores and delayed deliveries of goods to consumers. Parts of Seoul and the surrounding Incheon and Gyeonggi Province received heavy rains of over 100 millimeters per hour [...]
SEOUL, Aug. 9 (Korea Bizwire) — The number of South Koreans facing difficulties accessing means of transportation, including the disabled, seniors, pregnant women, people with toddlers and children has gone up in recent years, data showed Monday. The Ministry of Land, Infrastructure and Transport reported that there were 15.1 million South Koreans struggling with access [...]