SEOUL, April 17 (Korea Bizwire) – The practice of having executives work six days a week, previously limited to some divisions at Samsung Electronics, is now spreading to other Samsung affiliates, according to industry sources. At Samsung Electronics, executives in certain departments like development and support have been working a six-day week. Now, electronic affiliates such [...]
SEOUL, Apr. 17 (Korea Bizwire) — Some 13,000 medical students plan to collectively seek court injunctions to halt their schools’ expansion of admission quotas, a lawyer said Wednesday, as the walkout by protesting trainee doctors continued for nearly two months. The injunction requests will be filed next Monday by students from 32 medical schools outside [...]
SEOUL, Apr. 17 (Korea Bizwire) — Nearly 3 out of 10 foreign employees in South Korea worked 50 hours or longer per week last year, data showed Wednesday. A total of 1.43 million foreigners aged 15 and older resided in South Korea as of May 2023, and 64.5 percent of them have a job here, [...]
SEOUL, Apr. 15 (Korea Bizwire) — Health Minister Cho Kyoo-hong once again called on doctors Monday to come forward for dialogue to end the prolonged walkout by junior doctors and present a unified proposal regarding the quota for medical school admissions, stressing its firm will to push for medical reform plans. More than 90 percent [...]
SEOUL, Apr. 12 (Korea Bizwire) — South Korea added the fewest number of jobs in three years in March due mainly to a high base effect and weak employment in the agricultural sector amid unfavorable weather conditions, the statistics agency said Friday. The youth employment rate fell for the first time in six months, though [...]
SEJONG, Apr. 12 (Korea Bizwire) – The proportion of foreign residents in South Korea’s total population could rise to around 7 percent over the next two decades, according to newly released government projections that underscore the country’s changing demographics amid a declining birthrate. If current trends accelerate, one out of every 10 people in the nation’s [...]
SEOUL, Apr. 11 (Korea Bizwire) – Writers serializing their works on Naver Webtoon will now be able to take two breaks per year without any concerns, as the platform has recently revised its serialization rules. According to webtoon industry insiders on April 10, Naver Webtoon has formalized a new policy allowing creators to take a break [...]
SEOUL, Apr. 9 (Korea Bizwire) – A subsidiary of the South Korean tech giant Naver that operates the metaverse platform Zepeto, known as Naver Z, has announced that it will be ending remote work and instituting a four-day in-office work week starting on April 15. The metaverse, a 3D virtual world, initially gained traction during the [...]
SEOUL, Apr. 8 (Korea Bizwire) — The government is ready to discuss with doctors about an increased quota in medical school admissions in an open manner if they come up with a unified and more reasonable measure, Health Minister Cho Kyoo-hong said Monday. About 12,000 trainee doctors nationwide have left their workplaces since Feb. 20 [...]
SEOUL, Apr. 5 (Korea Bizwire) –The Asan Medical Center in Seoul has racked up losses of more than 50 billion won over the past 40 days, a staggering financial toll from a nationwide strike by resident physicians protesting the government’s plan to expand medical school admissions. In an email to faculty members on April 3, [...]