SEOUL, Aug. 14 (Korea Bizwire) — Nearly 80 years after Korea’s liberation from Japanese colonial rule, a majority of South Koreans believe remnants of pro-Japanese collaboration remain unaddressed, according to a new survey released Wednesday by the Heritage of Korean Independence (HKI). The nationwide poll, conducted August 1–7 by Korea Data World, found that 70.9% [...]
SEOUL, Aug. 14 (Korea Bizwire) — President Lee Jae-myung’s signature higher-education pledge to create “10 new Seoul National Universities” has been adopted as an official state agenda item, setting the stage for full-scale implementation. The initiative, part of the administration’s effort to tackle longstanding regional disparities in education quality, aims to invest heavily in regional [...]
SEOUL, Aug. 13 (Korea Bizwire) — South Korea’s Presidential Committee on National Planning unveiled Wednesday a comprehensive set of labor policy initiatives that would extend protections to the country’s smallest workplaces and strengthen rights for all workers. The proposals are part of President Lee Jae Myung’s broader agenda for his term, aimed at modernizing the nation’s [...]
SEOUL, Aug. 13 (Korea Bizwire) — South Korea has established its first national body dedicated to advancing organoid technology, marking a significant step toward standardizing and commercializing the field amid growing global demand for alternatives to animal testing. The K-Organoid Consortium, officially launched on August 13 at The Westin Josun Seoul, brings together 27 companies [...]
SEOUL, Aug. 13 (Korea Bizwire) — Starting August 14, nearly 3.07 million credit card merchants in South Korea with annual sales of 3 billion won ($2.18 million) or less will benefit from reduced processing fees, the Financial Services Commission (FSC) announced Wednesday. The move extends preferential rates to most small businesses, including those designated as [...]
SEOUL, Aug. 13 (Korea Bizwire) — A majority of indoor and outdoor labor sites in South Korea — from logistics centers to waste collection routes — are operating under extreme heat conditions well above the official safety threshold, according to a labor union survey released on Wednesday. The Korean Public Service and Transport Workers’ Union (KPTU) [...]
SEOUL, Aug. 13 (Korea Bizwire) — Six South Korean farmers have filed a civil lawsuit against Korea Electric Power Corporation (KEPCO) and its five power subsidiaries, demanding compensation for climate-related damages. The lawsuit, announced Tuesday during a press conference in Gwanghwamun Square, Seoul, marks the first legal challenge holding KEPCO and its affiliates accountable for [...]
SEOUL, Aug. 13 (Korea Bizwire) – In a groundbreaking move, the virtual idol group PLAVE has been appointed as the first-ever “Startup Seoul Ambassador,” the Seoul Metropolitan Government announced on Tuesday. The appointment ceremony, held at Seoul City Hall, marks a strategic effort to enhance the global visibility of Seoul’s startup ecosystem. PLAVE, a five-member [...]
SEOUL, Aug. 13 (Korea Bizwire) — As artificial intelligence (AI) continues to expand across industries, a new report from the Korea Institute for Industrial Economics and Trade (KIET) forecasts a mixed impact on employment. While jobs in fields like humanities and social research, law, and office work are expected to increase, roles in construction, mining, [...]
BUSAN, Aug.13 (Korea Bizwire) — A team of South Korean researchers has successfully decoded the full genome of the extinct sea lion species, known as Kangchi, which once inhabited Dokdo Island. The breakthrough, the first of its kind in the world, provides scientific evidence that the species’ extinction was primarily caused by overhunting during the [...]