SEOUL, Oct. 28 (Korea Bizwire) – South Korea’s income inequality among self-employed business owners has reached striking levels, with the top 10% of business income earners making seven times the average income, according to new tax data. National Assembly data released on October 27 reveals that the top 10% of business income earners, approximately 847,354 individuals, [...]
SEJONG, Oct. 24 (Korea Bizwire) – The health ministry said Thursday it has selected eight institutions to launch a program in which general hospitals will focus more on treating critical patients while referring those with mild symptoms to local hospitals. Through the program, the government aims to have critically ill cases take up 70 percent [...]
SEOUL, Oct. 22 (Korea Bizwire) – As tensions between the medical community and the government continue to simmer, an increasing number of South Korean doctors are exploring opportunities abroad, signaling a potential brain drain in the nation’s healthcare sector. On October 19, a healthcare consulting company held an information session for Tokushukai Group, Japan’s largest medical [...]
SEOUL, Oct. 22 (Korea Bizwire) – As discussions about extending the retirement age gain momentum in South Korea, a recent survey reveals that 8 out of 10 companies view such a change positively. The push for this shift comes as the nation grapples with a shrinking working-age population and improvements in the health of older adults. [...]
SEOUL, Oct. 22 (Korea Bizwire) – A recent survey has shed light on the persistent challenge of maintaining work-life balance in South Korea’s demanding corporate culture, with two out of three office workers reporting they receive work-related communications even after leaving the office. The survey, conducted by Global Research on behalf of the workplace rights organization [...]
SEOUL, Oct. 17 (Korea Bizwire) — Health Minister Cho Kyoo-hong said Thursday that the government is ready for talks with doctors if they propose a debate on medical reform. Cho made the remarks after a debate between the government and medical professors at Seoul National University (SNU) last week, focusing on the medical reform aimed [...]
SEOUL, Oct. 17 (Korea Bizwire) – In a rare moment of emotional candor for the K-pop industry, Hanni (Phạm Ngọc Hân), a 20-year-old member of the popular girl group NewJeans, testified before a National Assembly committee about her experiences with workplace bullying and isolation, drawing international attention to labor practices in South Korea’s entertainment sector. Hanni’s [...]
SEOUL, Oct. 17 (Korea Bizwire) – The Alliance of National University Hospital Labor Unions in South Korea raised alarm on October 16 over the rapidly deteriorating financial health of the country’s public university hospitals. The coalition reported that in the first half of this year alone, 16 national university hospitals have already accumulated a total debt [...]
SEOUL, Oct. 16 (Korea Bizwire) — South Korea added more than 100,000 jobs for the third consecutive month in September, but jobs in the construction sector fell by the most ever amid an industry slowdown, data showed Wednesday. The number of employed people came to 28.84 million last month, up 144,000 from a year earlier, [...]
SEOUL, Oct. 15 (Korea Bizwire) — Two Filipinas, who were apprehended after leaving the Seoul metropolitan government’s pilot program for foreign domestic helpers without permission, have returned home, the South Korean justice ministry said Monday. The workers were forced to leave Thursday following several weeks of unauthorized absence from their jobs, according to the ministry. [...]