SEOUL, Feb. 3 (Korea Bizwire) — Former Justice Minister Cho Kuk was sentenced to two years in prison Friday for using his influence to receive academic favors, including university admissions, for his children. The Seoul Central District Court also found Cho guilty of interfering with an inspection into a corruption case by using his power [...]
SEOUL, Feb. 3 (Korea Bizwire) — Seoul Mayor Oh Se-hoon said Friday his city government will discuss reforming the public transportation fare system, including the possibility of cutting the free public transportation benefit for seniors, to address the aging population and rising debts of the subway operator. “The city of Seoul will consult with the [...]
SEOUL, Feb. 3 (Korea Bizwire) — South Korea’s new COVID-19 cases fell to the lowest Friday tally in 31 weeks amid a gradual downtrend as the government has taken steps to support people’s return to pre-pandemic normalcy. The country reported 14,961 new cases, including 28 from overseas, bringing the total caseload to 30,228,889, according to [...]
SEOUL, Feb. 3 (Korea Bizwire) — China on Wednesday resumed mandatory COVID-19 tests for arrivals from South Korea only, in its latest tit-for-tat response over Seoul’s strengthened antivirus curbs against travelers from the neighboring nation. The tests were mostly conducted on foreign nationals, most of whom were Koreans. Sources said that travelers from South Korea [...]
INCHOEN, Feb. 3 (Korea Bizwire) — At a local boxing club in Incheon on Monday, an old man is seen flexing his muscles in front of a punching bag. Kim Byeong-min is a professional boxer in his 90s, born in the year 1933. He’s the only professional boxer in his age group in the country. [...]
SEOUL, Feb. 3 (Korea Bizwire) — The shrinking population driven by low birthrate and aging will cut South Korea’s economic growth by close to 1 percent each year in the long term, a research paper showed Thursday. Lee Jong-wha, an economics professor at Korea University and chief of the Korean Economic Association, estimated a forecast [...]
SUWON, Feb. 3 (Korea Bizwire) — The Gyeonggi Province Maritime & Fisheries Research Institute said Thursday it will set up and operate aquaponics fish farms, facilities that produce both fish and crops at the same time, in Gimpo and Icheon on a trial basis until next year. The aquaponics system has a clear strength in [...]
SEOUL, Feb. 2 (Korea Bizwire) — South Korea’s new COVID-19 cases fell to the lowest Thursday tally in 31 weeks as the country has seen a gradual downward trend and has taken steps to fully regain pre-pandemic normalcy. The country reported 16,862 new cases, including 45 from overseas, bringing the total caseload to 30,213,928, according [...]
SEOUL, Feb. 2 (Korea Bizwire) — South Korea’s customs agency said Thursday that drug smugglers in 2022 tended to trade illicit substances in greater volume utilizing contact-free methods, namely mail and postal services. The number of drug smuggling cases involving volume that exceeded 1 kilogram came to 65 in 2022, soaring from 29 tallied a [...]
SEOUL, Feb. 2 (Korea Bizwire) — The South Korean government has purchased a building in the United States that once served as the headquarters of a Korean independence movement group in order to preserve the historical site, officials said Thursday. The veterans ministry said it signed a deal Tuesday (U.S. time) to buy the building [...]