SEOUL, Dec. 4 (Korea Bizwire) – South Korean businesses faced an unexpected disruption overnight as President Yoon Suk-yeol declared martial law late on December 3, prompting widespread adjustments across industries before the emergency was rescinded hours later. Rapid Shift to Remote Work Companies with offices in key areas, particularly Yeouido, moved swiftly to protect employees. [...]
SEOUL, Dec. 4 (Korea Bizwire) — The leader of the ruling People Power Party (PPP) urged President Yoon Suk Yeol to explain his decision that declared emergency martial law and to sack Defense Minister Kim Yong-hyun over what he calls a “disastrous situation.” Han Dong-hoon made the remark after Yoon lifted martial law in a [...]
SEOUL, Dec. 3 (Korea Bizwire) – In a dramatic turn of events, South Korea’s National Assembly passed a resolution early Wednesday morning to rescind President Yoon Suk Yeol’s declaration of martial law, which had been announced just hours earlier on Tuesday evening. The swift and tense developments have drawn thousands of protesters to the streets. On [...]
SEOUL, Dec. 3 (Korea Bizwire) – President Yoon Suk Yeol declared martial law late Tuesday, citing escalating threats to national security and constitutional order. The announcement, delivered in an emergency address from the presidential office in Yongsan, invoked Article 77 of the South Korean Constitution, which permits martial law in cases of war, armed conflict, or [...]
SEOUL, Dec. 3 (Korea Bizwire) – President Yoon Suk Yeol declared martial law on December 3, pledging to “rebuild and safeguard the Republic of Korea from descending into ruin.” The announcement came during an emergency briefing held at the presidential office in Yongsan, Seoul. In response, Defense Minister Kim Yong-hyun convened a late-night meeting with senior [...]
SEOUL, Dec. 1 (Korea Bizwire) – In response to a proposal by the Seoul Metropolitan Government to allow foreign workers on E-9 non-professional employment visas to drive village buses, the Ministry of Employment and Labor announced it cannot accommodate the request under current regulations, citing safety and legal concerns. The ministry suggested the matter be addressed [...]
INCHEON, Nov. 30 (Korea Bizwire) – Incheon, a metropolitan city on South Korea’s west coast, has recorded the nation’s highest birth rate growth in 2024, buoyed by bold pro-family policies. The city announced on November 29 that 11,326 babies were born in Incheon between January and September, an 8.3% increase compared to the same period in [...]
SEOUL, Nov. 28 (Korea Bizwire) – The South Korean government announced measures on Wednesday to relax visa requirements for skilled foreign workers and increase hiring caps for construction firms, aiming to address chronic labor shortages and support regional development. Under the new policy led by the Ministry of Justice, foreign workers with over five years of [...]
SEOUL, Nov. 28 (Korea Bizwire) – A senior lawmaker from South Korea’s majority Democratic Party, Lee Eon-joo, introduced a resolution on Thursday urging the government to cease its involvement in the Ukraine conflict, including the provision of lethal weapons. In a press conference at the National Assembly, Lee emphasized the constitutional duty of the South Korean [...]
SEOUL, Nov. 27 (Korea Bizwire) – South Korean President Yoon Suk Yeol met with a Ukrainian delegation on November 27, led by Ukraine’s Defense Minister Rustem Umerov, to explore effective responses to security threats posed by North Korea-Russia military cooperation. The delegation reportedly sought South Korea’s support, including potential arms aid, although specific details were not [...]