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Taiwanese Network Apologizes over Improper Image of S. Korean Nat’l Flag in News Coverage

Taiwanese Network Apologizes over Improper Image of S. Korean Nat’l Flag in News Coverage

BEIJING, April 20 (Korea Bizwire) — A Taiwanese cable TV network has issued an apology for broadcasting an improperly edited image of the South Korean national flag in a recent broadcast. TVBS, the Taipei-based broadcaster, posted an apology Tuesday in both Chinese and Korean on its official website for having recently aired the graphic of [...]

Wheat Import Prices Hit Over 13-year High in March

Wheat Import Prices Hit Over 13-year High in March

SEOUL, April 20 (Korea Bizwire) — South Korea’s wheat import prices soared to an over 13-year high in March on the impact of Russia’s invasion of Ukraine and a global supply chain bottleneck, data showed Wednesday, exerting upward pressure on food prices here. The country’s import prices of wheat amounted to US$402 per ton last [...]

Gov’t to Simplify Certification Standards to Promote Development of EV Chargers

Gov’t to Simplify Certification Standards to Promote Development of EV Chargers

SEOUL, April 20 (Korea Bizwire) — The government plans to simplify electric vehicle (EV) charger meter certification standards while streamlining the requirements for the registration of manufacturers to promote the development and installation of EV chargers. The Korea Agency for Technology and Standards on Tuesday unveiled a revision of its EV charger technology standards. The [...]

Number of Food Service Employees Rises amid Economic Recovery

Number of Food Service Employees Rises amid Economic Recovery

SEOUL, April 19 (Korea Bizwire) — The number of employees in the food service segment rose 1.2 percent on-year in October last year as the job market improved amid the economic recovery, data showed Tuesday. The number of people employed at restaurants and eateries reached 1.56 million last October, up 19,000 from a year earlier, [...]

Insurance Policies Increasingly Popular Among Registered Foreigners

Insurance Policies Increasingly Popular Among Registered Foreigners

SEOUL, April 18 (Korea Bizwire) — Among the foreigners registered in South Korea, the share of those who subscribe to insurance policies has been on an upward trend and such foreigners showed a high preference for health insurance primarily due to concerns about illness, a report showed Sunday. The number of foreigners registered in South [...]

Koreans Eager for Return to Maskless Normal Life; Some, However, Want to Keep Mask-wearing

Koreans Eager for Return to Maskless Normal Life; Some, However, Want to Keep Mask-wearing

SEOUL, April 17 (Korea Bizwire) — With all social distancing rules but mask-wearing set to end this week, South Koreans are eager to return to complete pre-COVID-19 normalcy without masks, but some say masking is too beneficial to let go of even after the pandemic is over. Starting Monday, all COVID-19 infection prevention requirements, barring [...]

S. Korea Decides to Join CPTPP Trade Agreement

S. Korea Decides to Join CPTPP Trade Agreement

SEOUL, April 16 (Korea Bizwire) — South Korea decided Friday to join a mega free trade agreement involving 11 Asia-Pacific nations as the country seeks to diversify its export portfolio amid heightened economic uncertainty. Late last year, the country launched the process to accede to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The [...]