SEOUL, June 19 (Korea Bizwire) — The government on Sunday announced a package of emergency measures, including additional fuel tax cuts and higher income tax deduction rates for public transit use, aimed at countering growing inflationary pressure. Starting next month, tax cuts on fuel consumption will be expanded to a legal cap of 37 percent [...]
SEJONG, June 18 (Korea Bizwire) — The government has been considering expanding fuel tax cuts, as part of efforts to ease inflation pressure that has been building up amid surging energy prices, according to officials at the finance ministry Saturday. The government has been mulling expanding fuel tax cuts from the current 30 percent to [...]
SEOUL, June 18 (Korea Bizwire) — The family of a fisheries official killed by North Korea in 2020 said Friday they will file a criminal complaint against former National Security Advisor Suh Hoon to hold him responsible for an announcement that their loved one attempted to defect to the North. The family of the late [...]
SEOUL, June 17 (Korea Bizwire) — A person living alone without a spouse faces a higher risk of death than those who live with a spouse, a study showed Thursday. The Asia Cohort Consortium, a large consortium of cohort-based studies in Pacific Rim countries, compared the hazard ratio between 538,377 Asians including South Koreans who [...]
SEOUL, June 17 (Korea Bizwire) — South Korean top carmaker Hyundai Motor Co. has set off to take care of the “hearts” of employees. The company on Thursday invited renowned pediatric psychologist Dr. Oh Eun-young to its headquarters in southern Seoul to hold a counseling event. The aim of the event was for employees to [...]
SEOUL, June 17 (Korea Bizwire) — The government will extend the current seven-day quarantine mandate for COVID-19 patients for four more weeks because rolling back the obligation could accelerate a resurgence of the virus, Prime Minister Han Duck-soo said Friday. The current level of virus spread is within the country’s capacity to manage, but infection [...]
SEOUL, June 17 (Korea Bizwire) — As the number of electric car fires continues to increase along with the prevalence of such vehicles, firefighters are looking for the optimal way to extinguish electric vehicle (EV) fires. The Seoul Metropolitan Fire and Disaster Headquarters said it carried out experiments related to extinguishing electric car fires at [...]
SEOUL, June 17 (Korea Bizwire) — The Ministry of the Interior and Safety said Thursday it will provide an in-house developed ‘heat distribution map’ to municipal governments across the country, aimed at helping them better respond to heat waves this year. The heat distribution map provides information on average temperatures at a uniform interval of [...]
SEOUL, June 16 (Korea Bizwire) – The number of adolescents treated for gambling addiction spiked last year as they spent more time at home due to the coronavirus pandemic, data showed Thursday. Rep. Kim Do-eup of the ruling People Power Party released the statistics from the state-run Health Insurance Review and Assessment Service that showed [...]
SEOUL, June 16 (Korea Bizwire) — A Seoul court on Thursday ruled against more than 1,000 employees of KT Corp. seeking reimbursement for what they claimed were wages lost due to the peak wage system. A total of 1,312 incumbent and former KT employees launched two separate suits, in 2019 and 2020, demanding the compensation [...]