SEOUL, Jun. 25 (Korea Bizwire) – A recent survey by a civic group has revealed that only 1 in 10 victims of workplace bullying in South Korea report the incidents to their company, labor union, or the Ministry of Employment and Labor. The findings come as the amended Labor Standards Act, which prohibits workplace bullying, approaches [...]
BUSAN, Jun. 24 (Korea Bizwire) – As local governments across South Korea grapple with a looming demographic crisis, one district in the city of Busan is taking an unprecedented approach: offering substantial financial incentives for couples who meet through government-sponsored matchmaking events and decide to marry. Saha District in Busan announced on June 22 that it [...]
SEOUL, Jun. 24 (Korea Bizwire) – As South Korea grapples with a declining birth rate, the country is witnessing a significant demographic shift in its multicultural population. Experts predict a decrease in the proportion of preschool-aged children from multicultural families, while the percentage of middle and high school students, as well as young adults in their [...]
SEOUL, Jun. 24 (Korea Bizwire) – In a innovative approach to environmental education, 50 schools across Seoul are set to receive AI-powered recycling robots this September, the Seoul Metropolitan Office of Education announced on June 22. The robot, named “Nephron,” uses artificial intelligence to determine whether items are recyclable. When students insert a transparent plastic bottle [...]
SEOUL, Jun. 23 (Korea Bizwire) – Samsung Electronics, the South Korean tech giant, has launched its 40-inch OLED TV models in the European market, following their introduction in North America. This strategic move aims to strengthen Samsung’s position in the OLED TV sector through expanded product lines and market presence. According to industry sources on June [...]
SEOUL, Jun. 23 (Korea Bizwire) – South Korean luxury automaker Genesis has taken a bold step into the world of high-performance driving experiences with the launch of its Genesis Track Taxi Nordschleife at Germany’s renowned Nürburgring circuit on June 21. The Track Taxi program allows enthusiasts to ride alongside professional drivers in specially tuned vehicles, experiencing [...]
SEOUL, Jun. 21 (Korea Bizwire) – Samsung Electronics is embroiled in a legal dispute over allegations that it failed to disclose a game optimization service (GOS) that could limit the performance of devices in the Galaxy S22 series. On June 20, the Seoul Central District Court held the first hearing in a damages lawsuit filed by [...]
SEOUL, Jun. 21 (Korea Bizwire) – The ongoing economic struggles faced by many South Korean households due to high interest rates and inflation have led to a surge in credit card debt, surpassing 40 trillion won last month. Additionally, the use of “balance transfer” loans, which allow borrowers to consolidate debt from one credit card to [...]
SEOUL, Jun. 21 (Korea Bizwire) – Coupang, South Korea’s largest e-commerce platform, is taking action against vendors on AliExpress, the Chinese online retail service, for unauthorized use of its brand and imagery, including its recognizable rocket delivery logo. According to industry sources on June 20, numerous products listed on the Korean-language AliExpress website claim to be [...]
SEOUL, June 20 (Korea Bizwire) – A civic group comprising gig workers said Thursday it will seek to file a constitutional petition against the decision to omit platform workers, such as delivery riders or freelancers, from next year’s minimum wage system. The civic group, dubbed “finding hope for platform labor,” said it will file the [...]