SEOUL, Oct. 30 (Korea Bizwire) – South Korea’s presidential committee on population policy unveiled additional steps Wednesday to support employees balancing work and family life, aiming to address the country’s critically low birth rate. The announcement comes amid South Korea’s alarming demographic crisis, with the total fertility rate — indicating the average number of births [...]
BUSAN, Oct. 27 (Korea Bizwire) – A crucial wetland habitat known as “Swan Lake and Sky Pond” in Busan has been selected for the 22nd “Let’s Protect This Place!” citizens’ campaign award by the Korea National Trust, just as it faces destruction from a controversial bridge project. The site, located in the Nakdong River estuary, represents [...]
SEOUL, Oct. 26 (Korea Bizwire) – Residents of three South Korean villages near the heavily fortified border with North Korea have reached their breaking point after enduring more than 20 days of relentless psychological warfare, with North Korean loudspeakers blasting propaganda and disturbing sounds day and night since September 28. The conflict escalated after an organization [...]
SEOUL, Oct. 23 (Korea Bizwire) – The CEO of Adidas Korea, Peter Kwak, faced harsh criticism from lawmakers on October 21 for what they deemed an uncooperative attitude during a parliamentary audit, particularly his insistence on speaking English despite demonstrating Korean language ability. Kwak appeared as a witness before the National Assembly’s Political Affairs Committee to [...]
SEOUL, Oct. 22 (Korea Bizwire) – In a parliamentary audit on October 21, Ham Yoon-sik, vice president of Woowa Brothers, defended his company’s controversial fee increases by pointing to similar moves by competitor Coupang Eats, highlighting growing tensions in South Korea’s competitive food delivery market. During the National Assembly’s political affairs committee audit of the Fair [...]
SEOUL, Oct. 22 (Korea Bizwire) – South Korea is considering sending a team of personnel to Ukraine to monitor North Korean troops being deployed to support Russia, a government source said Tuesday. Last week, Seoul’s spy agency said North Korea sent some 1,500 special forces to Russia this month to take part in the war [...]
SEOUL, Oct. 17 (Korea Bizwire) — The office of President Yoon Suk Yeol vowed Thursday to push for major reform agenda items after the ruling People Power Party (PPP) won crucial by-elections on its home turf. The PPP secured victories in its traditional stronghold constituencies — Busan’s Geumjeong District and Incheon’s Ganghwa County — in [...]
SEOUL, Oct. 16 (Korea Bizwire) — South Koreans voted Wednesday to elect the education chief of Seoul and four local government heads, with the result expected to serve as a litmus test of public sentiment since the April general elections. Up for grabs in Wednesday’s by-elections are five local administrative seats — the superintendent of [...]
SUWON, South Korea, Oct. 14 (Korea Bizwire) – Gyeonggi Province Gov. Kim Dong-yeon said Monday his government is considering designating some of the inter-Korean border areas within the province as “danger zones” to stop North Korean defectors and activists from sending anti-North Korea propaganda leaflets across the border. Kim made the remarks during a parliamentary [...]
SEOUL, Oct. 7 (Korea Bizwire) – The National Assembly is set to kick off its annual inspection of the government and state agencies Monday for a 26-day run. On the first day of the audit, 10 of the Assembly’s 17 standing committees will hold inspection hearings to scrutinize the management of the central and regional [...]