SEOUL, March 18 (Korea Bizwire) — Restaurants, cafes and other small business owners on Friday expressed frustration over the government’s latest COVID-19 rule relaxation, with many questioning the efficacy of the gathering restriction when the nation is faced with its biggest virus wave to date. Earlier in the day, the government decided to raise the [...]
SEOUL, March 17 (Korea Bizwire) — The government decided Thursday to allow large companies to advance into the secondhand car market despite opposition from small players in the business. A deliberation committee under the Ministry of SMEs and Startups decided not to designate secondhand vehicles sales as one of the “livelihood businesses” that must be [...]
SEOUL, March 17 (Korea Bizwire) — Funeral-related facilities across Seoul have been crowded as deaths related to COVID-19 have risen sharply amid the recent wave of the omicron variant, industry sources said Thursday. Daily virus death cases in South Korea, which had remained under the 100 mark last month, spiked up to 128 on March [...]
SEOUL, March 17 (Korea Bizwire) — Amid a major public divide over the issue of President-elect Yoon Suk-yeol’s vow to abolish the Ministry of Gender and Equality, two-thirds of South Koreans in their 20s believed that gender equality policies should be prioritized on the government’s agenda, a women’s think tank said Wednesday. The Korean Women’s [...]
SEOUL, March 17 (Korea Bizwire) — South Korea can create up to 2.26 million new jobs in fields of energy transition by 2050 if the country invests consistently in achieving its carbon neutrality policy goal, a U.S. think tank report showed Thursday. The report from the University of Massachusetts’ Political Economy Research Institute (PERI), commissioned [...]
SEOUL, March 17 (Korea Bizwire) — A recent survey showed that South Koreans intending to buy automobiles this year tend are primarily considering sport utility vehicles (SUVs) and hybrid cars. Local used car dealer Encar.com conducted a survey of 3,427 consumers, of which 71.4 percent said they were planning to buy a car this year. Among [...]
SEOUL, March 16 (Korea Bizwire) — An increasing number of foreigners are gaining interest in acquiring citizenship or permanent residence permits in South Korea for a continuous stay or economic activity in the country. The Korea Immigration Service reported that 10,895 people became naturalized citizens last year. Except for 2019, more than 10,000 foreigners have [...]
SEOUL, March 16 (Korea Bizwire) — The National Human Rights Commission recommended Wednesday that the National Assembly swiftly handle legislative bills allowing non-medical workers to perform tattoo services. The current law criminalizing tattooing by non-medical practitioners falls far short of the reality where most tattoos are being provided by those who are not medical doctors, [...]
SEOUL, March 16 (Korea Bizwire) – The number of employed people in South Korea increased by more than 1 million on-year for the second straight month in February due to a low base effect and the economic recovery, data showed Wednesday. The number of employed people came to 27.4 million last month, up 1.04 million [...]
SEOUL, March 16 (Korea Bizwire) – The noise permission standards for the manufacturing and operation of motorcycles, which have remained unchanged over the past 30 years, will be strengthened to the level of foreign standards. The Ministry of Environment announced on Tuesday that it will improve the overall noise management system to reduce the noise [...]