SEOUL, June 8 (Korea Bizwire) — Ruling People Power Party (PPP) Chairman Lee Jun-seok has met with Ukrainian President Volodymyr Zelenskyy and discussed various support measures and development cooperation between the two countries, party officials said Wednesday. The meeting took place on Monday, the third day of Lee’s visit to Ukraine as head of a [...]
SEOUL, June 7 (Korea Bizwire) — U.S. Deputy Secretary of State Wendy Sherman met members of the LGBTQ community in Seoul on Tuesday and voiced support for their efforts to promote rights of sexual minorities, according to the U.S. embassy here. Sherman held the meeting with representatives of the LGBTQ community at the official residence [...]
SEOUL, June 7 (Korea Bizwire) — South Korea and the United States conducted a combined air power demonstration involving 20 warplanes, including F-35A stealth fighters, over the Yellow Sea on Tuesday, Seoul officials said, in another display of their readiness following North Korea’s weekend missile launches. The air maneuvers came just a day after the [...]
SEOUL, June 7 (Korea Bizwire) — More than 8 in 10 smaller food firms in South Korea have taken a hit from sky-high international grain prices caused by extreme weather events and Russia’s invasion of Ukraine, a poll showed Tuesday. The survey of 213 small and medium-sized food firms showed 82.6 percent of the respondents [...]
SEOUL, June 7 (Korea Bizwire) — With the labor shortage on construction sites becoming more severe, South Korea’s construction sector is calling on the government to lift restrictions on the hiring of foreign workers as well as to issue pardons to the companies that were imposed restrictions on hiring. During the period from late last [...]
SEOUL, June 7 (Korea Bizwire) — A formal decision has been made that the mechanical hum produced by the motors of wind turbines and a ‘whooshing’ sound produced by the blades moving through the air should be regarded as noise, and accordingly, compensation should be given to individuals residing near these turbines who suffer from such [...]
SEOUL, June 6 (Korea Bizwire) — Late-night services on all subway lines in Seoul will fully return to the pre-pandemic level by early August, subway operators said Monday, following two years of them being scaled back over COVID-19. According to Seoul Metro and Korail, the operators of subway services in the capital, the weekday operating [...]
SEOUL, June 4 (Korea Bizwire) — The weekly average prices of gasoline and diesel in South Korea both climbed for the fourth consecutive week on a continued energy crunch around the world, industry data showed Saturday. The average retail price of gasoline stood at 2,013 won per liter from May 29-June 2, up 19.3 won [...]
SEOUL, June 3 (Korea Bizwire) — Amid a recent series of large-scale embezzlement cases by employees of banks and other financial companies, cases of employees exploiting company funds to invest in cryptocurrencies have continued to pop up over the past couple of years. An unidentified person, an accountant at a fashion manufacturer, was charged with [...]
SEOUL, June 3 (Korea Bizwire) — An increasing number of the “MZ generation,” a Korean term referring to those aged between late 10s and 30s, are opening up about depression and other personal difficulties on YouTube. YouTubers have typically been depicting themselves as happy, diligent characters. Some show off their wealth by introducing luxury clothes [...]