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Court Upholds Fines for Marriage Brokers Who Shared Vietnamese Women’s Personal Data

Court Upholds Fines for Marriage Brokers Who Shared Vietnamese Women’s Personal Data

UIJEONGBU, Aug. 15 (Korea Bizwire) — A South Korean appeals court has upheld fines for two marriage brokers who illegally shared personal information of Vietnamese women with male clients via KakaoTalk, ruling the act violated the country’s marriage brokerage law. On August 15, the Uijeongbu District Court dismissed the appeals of two individuals, identified as [...]

SK Telecom’s Deep Discounts Spark Membership War Among Korean Carriers

SK Telecom’s Deep Discounts Spark Membership War Among Korean Carriers

SEOUL, Aug. 14 (Korea Bizwire) — A steep expansion of SK Telecom’s membership discounts — part of its compensation plan following a major hacking incident — has triggered a price war among South Korea’s mobile carriers, shifting competition from subsidies for new sign-ups to perks aimed at retaining existing customers. Since August 11, SK Telecom [...]

Korea to Broaden Nurse Qualifications for Home Hospice Services

Korea to Broaden Nurse Qualifications for Home Hospice Services

SEOUL, Aug. 14 (Korea Bizwire) — The South Korean government is moving to ease staffing requirements for home-based hospice services in an effort to expand access to end-of-life care that allows patients to die with dignity at home. According to the Ministry of Health and Welfare, a proposed amendment to the enforcement regulations of the Act [...]

Netflix Tops Customer Satisfaction Among Major OTT Platforms in Korea

Netflix Tops Customer Satisfaction Among Major OTT Platforms in Korea

SEOUL, Aug. 14 (Korea Bizwire) — Netflix has emerged as the most satisfying streaming service for South Korean consumers, with content diversity ranking as the top factor influencing platform choice, according to a government survey released August 14. The Korea Consumer Agency polled 1,500 users — 300 each from Netflix, Disney+, Wavve, Coupang Play and [...]

Seoul Metro Urges Public Patience as Air-Conditioning Complaints Surge Past Half a Million

Seoul Metro Urges Public Patience as Air-Conditioning Complaints Surge Past Half a Million

SEOUL, Aug. 14 (Korea Bizwire) — Seoul Metro is appealing for commuter cooperation as it struggles to manage a flood of complaints over subway heating and cooling, with the vast majority concerning uncomfortably hot trains. From May to July this year, the operator received more than 340,000 temperature-related grievances — an average of 3,520 per [...]

Foreign Talent Surge Could Boost Korea’s GDP by 6%, Study Finds

Foreign Talent Surge Could Boost Korea’s GDP by 6%, Study Finds

SEOUL,  Aug. 14 (Korea Bizwire) — South Korea could see its economy expand by the equivalent of 6% of GDP if the number of foreign residents increased by one million, according to a new study by the Korea Chamber of Commerce and Industry (KCCI) and a research team led by Professor Kim Deok-pa of Korea [...]

S. Korea to Form Task Force Backing U.S. Shipbuilding Initiative

S. Korea to Form Task Force Backing U.S. Shipbuilding Initiative

SEOUL, Aug. 14 (Korea Bizwire) — The South Korean government will create an interagency task force to support a shipbuilding partnership with the United States, a project officials say could open new markets for Korean shipyards while aiding the revival of America’s own maritime industry. Industry Minister Kim Jung-kwan announced the plan on Thursday during [...]

Motorola Launches Rugged ‘Moto g56 5G’ Exclusively with KT in Korea

Motorola Launches Rugged ‘Moto g56 5G’ Exclusively with KT in Korea

SEOUL, Aug. 14 (Korea Bizwire) — Motorola Korea has introduced the Moto g56 5G, a rugged smartphone designed to withstand extreme conditions, available exclusively through KT stores and its online shop starting August 14. The device is priced at 330,000 won ($250). The Moto g56 5G is certified to the U.S. Department of Defense’s MIL-STD-810H [...]

Hyundai Steel Drops $3.4 Million Damages Suit Against Striking Contract Workers

Hyundai Steel Drops $3.4 Million Damages Suit Against Striking Contract Workers

SEOUL, Aug. 14 (Korea Bizwire) — Hyundai Steel has withdrawn a 4.61 billion won ($3.4 million) damages lawsuit against members of its irregular workers’ union, who staged a strike in 2021. The move comes as the ruling Democratic Party pushes to pass the so-called “Yellow Envelope Law” this month, aimed at limiting companies’ ability to seek [...]

Arctic Algae May Offer Natural Brake on Global Warming, Korean Study Finds

Arctic Algae May Offer Natural Brake on Global Warming, Korean Study Finds

SEOUL,  Aug. 14 (Korea Bizwire) — A team of Korean and international researchers has identified a natural process in the Arctic that could help the planet slow its own warming, the Korea Polar Research Institute announced Wednesday. As Arctic temperatures rise and sea ice recedes, microscopic algae such as phytoplankton flourish, releasing dimethyl sulfide (DMS) [...]