SEOUL, May 14 (Korea Bizwire) — With the Seoul Metropolitan Government reviewing the idea of designating eleven Han River parks as non-alcohol drinking zones, citizens have responded with mixed emotions. Under the Public Health Improvement Act that was revised in December 2020, municipal governments can designate certain areas as non-drinking zones in case such measures [...]
SEOUL, May 13 (Korea Bizwire) — Religious groups in South Korea issued a joint statement on Thursday calling for the international community to take action against the ongoing violent military crackdown in Myanmar following a coup there in February. In a joint press conference held in Seoul, the four groups demanded that the United Nations [...]
SEOUL, May 13 (Korea Bizwire) — South Korea’s ICT ministry said Thursday it will create guidelines and verification processes to create trustworthy artificial intelligence (AI) services in a move to address potential social problems. AI services have recently faced growing calls for more responsible development and management of the technology over concerns that the technology [...]
SEOUL, May 13 (Korea Bizwire) — The living conditions of low-income South Koreans have not improved over the past 10 years. Income polarization accelerated during this period as the income of the upper 20 percent increased sharply, dwarfing the marginal increase in the income of the bottom 20 percent. Statistics Korea’s household trend survey showed [...]
SEOUL, May 13 (Korea Bizwire) — South Korean fiber manufacturer Hyosung TNC Co. has teamed up with a municipal government to release a new nylon textile made of abandoned fishing nets. The company signed a memorandum of understanding (MOU) with the Busan metropolitan government and a social venture Netspa on Wednesday to produce eco-friendly textile [...]
SEOUL, May 11 (Korea Bizwire) — Increasing number of younger South Koreans are struggling with frustration over investment in the so-called ‘altcoins’, low-price and high-risk cryptocurrencies. Many university students and recent lower-income graduates are showing up at hospitals to treat psychological stress caused by fluctuations in altcoin prices. An individual referred to only as Song, [...]
SEOUL, May 11 (Korea Bizwire) — South Korea said Tuesday eco-friendly cars, including electric models, accounted for 71 percent of the total vehicles purchased by public organizations last year, as the country continued its efforts to go carbon neutral by 2050. The country’s 609 public organizations purchased 7,736 automobiles in 2020, of which 5,494 were [...]
SEOUL, May 11 (Korea Bizwire) — A South Korean court has ruled that even when a worker’s overtime hours are not longer than the standard level designated by the government, his or her death can be acknowledged as an occupational accident as long as there was significant workplace stress. The Seoul Administrative Court recently ruled [...]
DAEJEON, May 10 (Korea Bizwire) — A new artificial intelligence (AI) system has been developed to monitor the abnormal behaviors of subway passengers in the central city of Daejeon. The Daejeon Metropolitan City Government and the Daejeon Express Transit Corp. jointly announced that the ‘AI Edge System for Urban Railroads’ was selected as a state-backed [...]
SEOUL, May 9 (Korea Bizwire) — Nearly 70 percent of South Koreans believe that the use of a vaccination passport, which proves that a person has been fully vaccinated against the virus, will help the economy, a poll showed Sunday. The poll from the Federation of Korean Industries, a major business lobbying group here, showed [...]