SEOUL, April 6 (Korea Bizwire) — South Korea said Wednesday it will help restore the number of inbound and outbound international flights to 50 percent of the 2019 level by the year’s end to meet pent-up travel demand amid eased virus curbs. Domestic and multinational airlines offered 4,714 international flights through Incheon International Airport and [...]
SEOUL, April 6 (Korea Bizwire) — In many cases, the value of child-rearing costs acknowledged by courts was found to be less than half of the amount claimed by parents who filed suits to request payment of child support, data released by a provider of free legal consultation services showed Tuesday. The Korea Legal Aid [...]
SEOUL, April 5 (Korea Bizwire) — China’s Shanghai and Jilin Province are experiencing rapid spread of COVID-19, and local quarantine authorities have blamed imported clothes from South Korea as the source of the surge in cases. Chinese portal site Baidu’s top search keywords included ‘the possible correlation between the infections in the two regions and [...]
JEJU, April 5 (Korea Bizwire) — A local court on Tuesday ruled against the Jeju provincial government’s decision years ago to ban a for-profit hospital from treating domestic patients. The Jeju District Court said it is against the law for the Jeju government to permit the opening of the nation’s first for-profit hospital, called Greenland [...]
SEOUL, April 5 (Korea Bizwire) — The Seoul city government will expand late night bus routes later this month in line with the country’s gradual return to normalcy from the aftermath of the COVID-19 pandemic, officials said Tuesday. The routes for night buses operating from 11 p.m. to 6 a.m. will be increased to 14 [...]
SEOUL, April 5 (Korea Bizwire) — The Ministry of the Interior and Safety said Monday it will subsidize the full cost of storm and flood insurance for some low-income households, thanks to a revision of the Storm and Flood Insurance Act. Storm and flood insurance refers to an insurance product that offers compensation for damages [...]
SEOUL, April 4 (Korea Bizwire) — Voters in their 20s and 30s demonstrated different views during the presidential election, which also revealed differences in their views on human rights, the state human rights watchdog said Sunday. The National Human Rights Commission of Korea conducted a nationwide survey of 5,770 people under 30, in which 82.3 [...]
SEOUL, April 4 (Korea Bizwire) — More than 60 percent of those in the “MZ generation,” a Korean term referring to those aged between late 10s and 30s, have a preference towards products from companies that focus on environmental, social and corporate governance (ESG) management even if they are more expensive, a survey showed Sunday. [...]
SEOUL, April 3 (Korea Bizwire) — The Seoul city government will actively consider building new crematoriums in addition to adding furnaces to existing ones in an effort to meet soaring cremation demand from rising COVID-19 deaths, Seoul Mayor Oh Se-hoon said Sunday. Oh made the remark to reporters during a visit to Seoul Memorial Park, [...]
SEOUL, April 1 (Korea Bizwire) — Investors in their 20s and 30s deposited a total of 19.04 trillion won (US$15.6 billion) in South Korea’s major cryptocurrency exchanges last year, data showed Thursday. The Financial Supervisory Service reported that the five major cryptocurrency exchanges in South Korea were holding investments of 52.8 trillion won as of [...]