SEOUL, March 7 (Korea Bizwire) — A number of South Koreans have reportedly volunteered to join Ukraine’s military to fight against Russia’s invasion. The Ukrainian Embassy in South Korea said it is receiving numerous calls about joining the war in Ukraine, most of which turned out to be from South Korean nationals. “We’ve been notifying qualified [...]
SEOUL, March 7 (Korea Bizwire) — Rhee Keun, a former Navy special warfare officer who recently gained huge popularity through the reality show “Fake Men” on YouTube, claimed Monday his team has arrived in Ukraine to join the war against Russia as volunteer soldiers. “Our team safely arrived in Ukraine,” the former lieutenant also known [...]
SEOUL, March 7 (Korea Bizwire) — The jobs that are least popular among university students are the ones that do not keep regular working hours, a survey showed Sunday. The Korea Research Institute for Vocational Education and Training conducted a survey of 8,353 juniors at universities nationwide to gain insight into their job preferences. The [...]
SEOUL, March 5 (Korea Bizwire) — Samsung Electronics, the world’s largest smartphone maker, said Saturday it will donate US$6 million to support humanitarian efforts for Ukrainian refugees. “We’re pushing to send humanitarian relief materials in cooperation with international organizations,” the company said. “We decided to donate $6 million to groups like the Ukrainian Red Cross [...]
SEOUL, March 4 (Korea Bizwire) — Long voting lines were formed at many polling stations across South Korea on Friday, as the two-day early voting got under way for next week’s presidential election. A polling station at the Yeonje Ward office in Busan, 325 kilometers southeast of Seoul, was seen packed with voters around noon, [...]
SEOUL, March 4 (Korea Bizwire) — Sales of electric vehicles (EVs) in South Korea surged last month following the introduction of new subsidy programs. Automakers on Wednesday announced that a total of 12,399 EVs were sold in February, which was 1,113.2 percent higher than the previous month (1,022 units). It is not uncommon to see [...]
SEOUL, March 4 (Korea Bizwire) — South Korea’s 1-trillion-won (US$823 million) art market is driving consumers to read more books about art investment. Yes24, a leading online bookstore, reported a 549 percent increase in art investment book sales last year, after they fell by 56.4 percent in 2019 and then grew by a mere 5.6 [...]
SEOUL, March 4 (Korea Bizwire) — South Korea will extend fuel tax cuts by three months as the country is striving to ease the burden on consumers and a build-up of inflationary pressure, the country’s top economic policymaker said Friday. On Nov. 12, the government lowered fuel taxes by a record 20 percent in a [...]
SEOUL/WASHINGTON, March 4 (Korea Bizwire) — South Korea won an exemption from the United States’ expanded export restrictions on Russia over its invasion of Ukraine, Seoul’s industry ministry said Friday. The move came as South Korea’s Trade Minister Yeo Han-koo met with senior U.S. officials in Washington on Thursday and the two sides agreed to [...]
SEOUL, March 4 (Korea Bizwire) — With South Korea entering the age of 1 million “officetels” — multi-purpose buildings with residential and commercial units — it’s becoming more imperative to use them as a housing policy tool for single-person households, a report said Thursday. The Construction and Economy Research Institute of Korea (CERIK) said in [...]