DAEJEON, Jul. 2 (Korea Bizwire) — A team of South Korean researchers has developed a new algorithm that can predict failures in the ventilation system located throughout Seoul’s subway network. The National Institute for Mathematical Sciences (NIMS) and Seoul Transportation Corporation announced on Monday that they have developed a new program that automatically detects part [...]
SEOUL, Jul. 1 (Korea Bizwire) — In 2029, ten years down the road, South Korea’s female population is expected to surpass that of men. The “gender ratio,” or the number of men per 100 women, is expected to hit 99.9 in 2029, when the record will be broken for the first time, according to data [...]
SEOUL, Jul. 1 (Korea Bizwire) — The Ministry of Agriculture, Food and Rural Affairs reported Sunday that it will expand blood tests for African swine fever (ASF) to all pig farms across the country to prevent the inflow of ASF into the country. The ministry designated 14 cities and counties near the inter-Korean border as [...]
SEJONG, Jul. 1 (Korea Bizwire) — The ratio of South Korean women who are in favor of getting married fell sharply last year from a decade ago, government data showed Monday, a trend that is blamed for the country’s chronically low birthrate. The data compiled by Statistics Korea said that 43.5 percent of women said [...]
SEOUL, Jul. 1 (Korea Bizwire) — Until a year ago, Hong In-young, who works at an affiliate company of Samsung Group, never thought of learning something for a hobby as she was exhausted due to endless overtime work. But since a shorter workweek system, called the 52-hour workweek, was implemented in South Korea in July [...]
SEJONG, Jun. 27 (Korea Bizwire) – The number of South Koreans aged 65 years or older could surpass 10 million in 2025 and jump to 18.79 million, or 38.4 percent of the country’s population, in 2047, a statistics agency said Thursday. Statistics Korea’s latest projection represented a dramatic hike from the 7.07 million people aged [...]
ANSAN, Jun. 27 (Korea Bizwire) — The “bicycle-to-work allowance” implemented by Ansan Urban Corporation, operating under the Ansan city government in Gyeonggi Province, is receiving positive responses from employees. Since June, the cooperation has implemented the system for employees with a commute of more than 2km among some 800 employees. If an employee applies for [...]
JEJU, Jun. 26 (Korea Bizwire) — Starting next month, Jeju Province will be offering 300,000 won (US$258) in pension disbursements each month to haenyeo – traditional female divers from the island – who are more than 80 years old as part of a program that is scheduled to run over the next three years. The [...]
SEOUL, Jun. 26 (Korea Bizwire) — With some two years left before his retirement, Park Young-joon (an alias) is preparing for the next chapter of his life, harboring hopes that he could get a chance to work after he turns 60. The 58-year-old Park, who works at a state-run bank, earned a doctorate in economics [...]
SEOUL, Jun. 25 (Korea Bizwire) — The government plans to expand hospice at home services to ensure that patients meet their final moments at home in comfort and dignity. The Ministry of Health and Welfare announced a five-year plan on Monday. The government will offer easier access to hospice services for terminal patients. Currently, most [...]