SEOUL, May 14 (Korea Bizwire) – While official statistics appear to show South Korea’s minimum wage closing in on the average for developed economies, experts argue this effect is an illusion stemming from how the country calculates average wages compared to international standards. According to a report on minimum wage trends and global comparisons released on [...]
SEOUL, May 13 (Korea Bizwire) — Second Vice Health Minister Park Min-soo said Monday that junior doctors may face a one-year delay in getting medical fellowships unless they return to work by the end of this week. The prolonged walkouts by some 12,000 trainee doctors, who have left their worksites since Feb. 20 in protest [...]
SEOUL, May 10 (Korea Bizwire) – As the healthcare crisis stemming from the mass resignation of resident doctors stretches into its third month, the South Korean government has decided to open the door for foreign physicians to fill vacancies, officials said on May 9. The move comes as the government braces for a potential prolonged disruption, [...]
SEOUL, May 10 (Korea Bizwire) — Medical professors at major hospitals were set to take a day off Friday, the third of its kind in two weeks as they expressed fatigue from filling the void of trainee doctors who left their worksites in protest of the government’s medical reform. While fatigued medical professors take a [...]
SEOUL, May 9 (Korea Bizwire) – Bracing for a prolonged shortage of medical personnel due to the collective resignation of thousands of resident physicians, the South Korean government plans to permit foreign doctors to practice medicine in the country, according to government officials and sources from medical circles. The move to introduce foreign doctors follows the [...]
SEOUL, May 8 (Korea Bizwire) — The education ministry warned Pusan National University (PNU) of punitive action, including the suspension of student admissions, on Wednesday a day after the school decided to halt its planned hike in medical school admissions. The university in the port city of Busan, 320 kilometers southeast of Seoul, was one [...]
SEOUL, May 7 (Korea Bizwire) — Health Minister Cho Kyoo-hong said Tuesday that the government will extend its financial support for emergency care services by another month, as massive walkouts by junior doctors have disrupted health services at major hospitals for nearly three months. The government has injected 190 billion won (US$140 million) per month [...]
SEOUL, May 7 (Korea Bizwire) – Korea Post, which operates under the Ministry of Science and ICT, will collaborate with Samsung Heavy Industries’ Geoje shipyard until the end of the year to help foreign workers in the shipbuilding industry adjust to life in South Korea, the agency announced on May 6. The postal service will provide [...]
SEOUL, May 6 (Korea Bizwire) – One in three South Korean workers rated the labor and employment policies of President Yoon Suk-yeol’s administration 20 points or below out of 100, according to a survey released on May 5 by a civic group. The group, Gabjil 119, said its poll of 1,000 workers found Yoon’s labor [...]
SEOUL, April 30 (Korea Bizwire) – Medical professors working for three general hospitals in Seoul suspended outpatient clinics and surgeries Tuesday amid a prolonged walkout by junior doctors, but no major disruptions have been reported, officials said. Some professors, who serve as senior doctors at Seoul National University Hospital, Severance Hospital and Korea University Hospital, [...]