SEOUL, Jul. 24 (Korea Bizwire) — A debate on extending the retirement age is emerging as a major social issue, but even the current 60-year-old age-limit system is not being put to use by most companies. According to a survey of 382 companies conducted by job matching platform, Saramin, only 39.5 percent said they were [...]
SEOUL, Jul. 24 (Korea Bizwire) — South Korea is bracing for sweltering heat waves in the coming weeks, with its southern provinces and many other regions suffering from an extended tropical night phenomenon, weather forecasters said Wednesday. As most parts of the country have been put under a heat wave warning or alert, the daily [...]
SEOUL, Jul. 23 (Korea Bizwire) — The prosecution said Tuesday it has indicted 34 people, including former company executives, for manufacturing and selling humidifier disinfectants containing toxic chemicals, wrapping up an eight-month reinvestigation into one of the worst scandals involving consumer products. The probe came after a 2011 scandal involving toxic humidifier disinfectants sold by [...]
SEOUL, Jul. 23 (Korea Bizwire) — A person’s outlook on his or her own life expectancy is gloomier for those who are married or low income earners. A research team from Seoul National University Hospital revealed on Monday the results of a survey of 1,005 participants conducted between August and September 2016. The team collected [...]
SEJONG, Jul. 23 (Korea Bizwire) — Six out of 10 South Korean senior citizens want to earn a living up to the age of 73 on average, data showed Tuesday. The data from Statistics Korea showed that 8.98 million, or 64.9 percent, of the 13.84 million South Koreans aged between 55 and 79 said they [...]
SEOUL, Jul. 22 (Korea Bizwire) — South Korean pharmaceutical companies are scrambling to produce generic drugs as the government plans to introduce a new policy to prevent unchecked production of generic drugs in the near future. The companies are attempting to secure as many permits as possible before the new policy kicks in and various [...]
SEOUL, Jul. 19 (Korea Bizwire) — The risk of developing diabetes more than doubles if muscle mass in the arms and legs decreases in young adults and middle-aged people, according to a local study. A team of researchers at Asan Medical Center in Seoul said Thursday that they tracked about 17,000 adults who underwent medical [...]
SEOUL, Jul. 18 (Korea Bizwire) – Extract of Carpinus tschonoskii, a tree indigenous to the Korean Peninsula and called “gaeseoeonamu” in Korean, has proved to be good in protecting human cells from fine particle pollution, a state-run think tank said Thursday. The deciduous forest tree, which grows to a height of 15 meters with a [...]
SEOUL, Jul. 18 (Korea Bizwire) — Despite the nationwide boycott of Japanese products, a boycott of Japanese medicines, which has been weak and ineffective, is actively taking place online. The boycott online is characterized by a new form of “not selling” boycotts by self-employed people beyond consumers’ “not buying.” In the midst of this, some [...]
SEOUL, Jul. 17 (Korea Bizwire) — The manufacturing of so-called “anion products” with radioactive materials such as monazite will be banned in South Korea. It will also be impossible to promote the ‘anion effect’, which is an effect of radioactivity as if it were beneficial to one’s health or the environment. The measure comes after [...]