SEOUL, March 19 (Korea Bizwire) — A new government survey has revealed that the number of non-professional foreign workers holding E-9 visas in South Korea now exceeds 300,000, with the vast majority employed in the mining and manufacturing industries. Statistics Korea released its “2024 Survey on Immigration Status and Employment – Foreign Residents by Visa Status” [...]
SEOUL, March 19 (Korea Bizwire) — Hyundai Mobis is ramping up production of self-designed automotive semiconductors, building on the semiconductor business it acquired from Hyundai Autron in 2020, and expanding its presence in global innovation hubs. The company announced on Tuesday that it has completed research and reliability testing for key semiconductors used in electrification, [...]
SEOUL, March 19 (Korea Bizwire) — KT Corp., South Korea’s leading telecommunications company, announced on Tuesday that it will become the nation’s first telecom provider to adopt eco-friendly bobbins for its fiber optic cables starting in April. Bobbins, the cylindrical structures used to store and transport cables, are traditionally made from wood. KT’s new bobbins, [...]
SEOUL, March 19 (Korea Bizwire) — The Ministry of Oceans and Fisheries (MOF) revealed on March 18 that individuals who transitioned to fishing communities earned an average monthly household income of 3.47 million won in their first year, according to its ’2024 Return-to-Fishing Survey.’ The survey, which included 236 first-year fishing migrants from 2023, found their [...]
SEOUL, March 19 (Korea Bizwire) — The Seoul Metropolitan Government announced on March 18 that it will significantly expand its low-sugar school meal initiative from two to 100 schools, aiming to promote healthier eating habits among students. Following a successful pilot program at two schools last year, the city is now accepting applications until March 24 [...]
SEOUL, March 19 (Korea Bizwire) — South Korea has witnessed an alarming 43-fold increase in the illegal importation of medications containing narcotic substances, including cold medicines, sleeping pills, and diet pills, over the past four years, customs officials reported on March 17. According to the Korea Customs Service (KCS), the volume of illegal pharmaceuticals containing narcotic [...]
SEOUL, INCHEON & BEIJING, March 18 (Korea Bizwire) — A standoff between South Korean and Chinese maritime authorities has erupted in the West Sea’s Provisional Measure Zone (PMZ) near Ieodo, after South Korea attempted to investigate an unauthorized steel structure installed by China. According to government sources, on February 26, South Korea dispatched the Onnuri, a [...]
JEJU, South Korea, March 18 (Korea Bizwire) — In response to a recent uptick in crimes involving foreign nationals, the Jeju Provincial Police Agency has launched a sweeping 100-day public safety campaign aimed at strengthening oversight of the island’s visa-free entry system and curbing illegal activities. The initiative, led by Deputy Commissioner Jeong Seong-su, will run [...]
SEOUL, March 18 (Korea Bizwire) — Several Southeast Asian airlines have come under fire for referring to Dokdo, a South Korean territory, as ‘Liancourt Rocks’ on in-flight map services. The term, originating from the name of a French whaling ship, is often used by Japan in an effort to undermine South Korea’s sovereignty claims. Seo Kyoung-Duk, [...]
SEOUL, March 18 (Korea Bizwire) — GM Korea has officially unveiled the world’s largest GM-owned service center, underscoring the automaker’s long-term commitment to the South Korean market. At a media tour held on Tuesday at the GM Seoul Service Center in Yeongdeungpo, William Henry, GM’s senior vice president for international operations, emphasized the center’s significance. “In [...]