SEOUL, Jan. 28 (Korea Bizwire) — In major advanced countries, the more women engage in economic activities, the more children they have. According to a report from the Korea Association of Public Finance, based on 1990-2016 Organization for Economic Cooperation and Development (OECD) country panel data, the number of childbirths increased significantly as women’s participation [...]
SEOUL, Jan. 28 (Korea Bizwire) — Major South Korean companies are scrambling to minimize any possible fallout from the Wuhan coronavirus by pulling their staff out of China and curbing trips there, industry sources said Tuesday. Hyundai Motor Co. and its affiliate Kia Motors Corp. plan to evacuate family members of hundreds of their employees [...]
SEOUL, Jan. 28 (Korea Bizwire) — A South Korean zoo said Tuesday it will closely work with the Bukit Merah Orangutan Island Foundation, a Malaysian body dedicated to the care of the orangutan, to preserve the animal species. As part of the effort, the zoo at Seoul Grand Park in Gwacheon, just south of Seoul, [...]
SEOUL, Jan. 28 (Korea Bizwire) — Gangnam Station in southern Seoul was the busiest subway station in the country’s capital last year, data showed Tuesday. In 2019, 141,597 people used the Line No. 2 station each day on average, which also connects to the Sinbundang Line that terminates in Gyeonggi Province, according to the data [...]
SEOUL, Jan. 27 (Korea Bizwire) — South Korea was on extreme alert on Monday as additional confirmed cases of the Wuhan coronavirus case were detected here amid mounting concerns the pneumonia-like illness may spread across the country despite stepped-up quarantine inspections. According to the Korea Centers for Disease Control and Prevention (KCDC), a 55-year-old South [...]
SEOUL, Jan. 26 (Korea Bizwire) — Private institutes offering English language courses for preschoolers using the description “English kindergarten” may face punishment from the authorities, the Ministry of Education said Sunday. Education Minister Yoo Eun-hae recently presided over the 16th meeting of the Education Trust Restoration Team to discuss punitive measures against private English language [...]
SEOUL, Jan. 25 (Korea Bizwire) — Hyundai Motor Co. said Saturday it will produce hydrogen fuel-cell electric commercial vehicles in its Chinese plant to make inroads into the local electric vehicle market. In the China EV100 Forum held in Beijing from Jan. 10-12, Executive Vice President Lee In-cheon, head of Hyundai’s Commercial Vehicle Business Division, [...]
SEOUL, Jan. 25 (Korea Bizwire) — Director Bong Joon-ho and the cast of “Parasite” are entering the final stretch in the heated race for the upcoming Oscars. The genre-bending family satire was nominated in six categories — best picture, best director, best screenplay, best editing, best production design and best international feature film — for [...]
SEOUL, Jan. 25 (Korea Bizwire) — A petition by a South Korean nongovernmental organization calling for a ban on the use of Japan’s imperial-era flag during the upcoming Tokyo Olympics has drawn over 56,000 signatures. The Voluntary Agency Network of Korea (VANK), a Seoul-based group that promotes South Korean history and culture, posted the petition [...]
SEOUL, Jan. 24 (Korea Bizwire) — South Korea’s major pharmaceuticals manufacturers have set their sights on overseas markets this year as a string of their biosimilars are waiting to be approved or launched, industry sources said Friday. Celltrion Inc. said sales of its drug Remsima SC for the treatment of autoimmune diseases are set to [...]