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Gov’t to Halt Administrative Steps against Striking Trainee Doctors for Breakthrough

Gov’t to Halt Administrative Steps against Striking Trainee Doctors for Breakthrough

SEOUL, Jul. 8 (Korea Bizwire) — The government is likely to halt the suspension of licenses and other administrative steps against striking trainee doctors in an effort to seek a breakthrough in monthslong medical service disruptions, officials said Monday. Health Minister Cho Kyoo-hong is scheduled to hold a press briefing later in the day after [...]

Samsung Electronics Unionized Workers Plan 3-Day Strike This Week

Samsung Electronics Unionized Workers Plan 3-Day Strike This Week

SEOUL, July 7 (Korea Bizwire) – Unionized workers of Samsung Electronics Co. are set to stage a three-day general strike this week as their negotiations with the management over wages and working conditions fell through. The National Samsung Electronics Union (NSEU), the biggest labor union with 28,000 members, announced plans for the Monday-Wednesday strike last [...]

Gov’t Weighing Measures to Deal with Trainee Doctors who Refuse to Return to Hospitals

Gov’t Weighing Measures to Deal with Trainee Doctors who Refuse to Return to Hospitals

SEOUL, Jul. 5 (Korea Bizwire) — The government has been weighing measures on how to deal with trainee doctors who refuse to return to hospitals in protest of medical reform, according to officials Friday. With most trainee doctors still remaining unresponsive to the government’s appeasement measures to help them return to hospitals, officials said the [...]

Economic Impact of Second Baby Boomer Retirement Wave Prompts Calls for Policy Reform

Economic Impact of Second Baby Boomer Retirement Wave Prompts Calls for Policy Reform

SEOUL, Jul. 3 (Korea Bizwire) – The Bank of Korea (BOK) has released a study highlighting the significant economic implications of the impending retirement of South Korea’s second generation of baby boomers. The research suggests that as over 9.5 million individuals born between 1964 and 1974 reach the legal retirement age of 60 over the next [...]

South Korea Introduces AI Model to Streamline Workers’ Compensation Process

South Korea Introduces AI Model to Streamline Workers’ Compensation Process

SEOUL, Jul. 3 (Korea Bizwire) – The South Korean government has developed an artificial intelligence (AI) model to determine appropriate treatment periods for workers injured on the job, marking a significant shift in the management of industrial accident claims.  The Ministry of the Interior and Safety, in collaboration with the Korea Workers’ Compensation and Welfare Service, [...]

Samsung Electronics Faces First-Ever Strike Threat from Largest Union

Samsung Electronics Faces First-Ever Strike Threat from Largest Union

SEOUL, Jul. 3 (Korea Bizwire) – In an unprecedented move, Samsung Electronics’ largest labor union has declared its intention to stage a full-scale strike, raising concerns about potential disruptions at the tech giant’s operations. The National Samsung Electronics Labor Union, representing approximately 28,000 workers or 22% of the company’s workforce, announced on July 1 that wage [...]

Senior Doctors at Asan Medical Center to Reduce Procedures, Outpatient Care from Thursday

Senior Doctors at Asan Medical Center to Reduce Procedures, Outpatient Care from Thursday

SEOUL, Jul. 3 (Korea Bizwire) — Senior doctors at Asan Medical Center, one of the five biggest hospitals in Seoul, said Wednesday they will cut procedures and outpatient care starting Thursday, blaming the government for causing disruptions in public health services in the wake of medical reform. Medical professors at the University of Ulsan, who [...]