SEOUL, Jan. 6 (Korea Bizwire) — The labor ministry on Tuesday vowed to take stern action against U.S. e-commerce giant Coupang Inc. amid allegations the company violated a set of workplace laws. The remark came after the Ministry of Employment and Labor launched a task force to investigate suspected violations of labor and industrial accident [...]
SEOUL, Jan. 6 (Korea Bizwire) — The government plans to conduct a trial voyage along Arctic shipping routes from the southeastern port city of Busan to Rotterdam in the Netherlands around September, the acting oceans minister has said. “The government plans to operate a 3,000 twenty-foot equivalent unit (TEU) container ship on a trial run [...]
SEJONG, Jan. 6 (Korea Bizwire) — The nation’s highest court is set to deliver a high-profile ruling on whether Coupang, the country’s dominant e-commerce platform, violated fair trade laws by collecting sales promotion fees and incentives from its suppliers—a decision that could reshape regulatory oversight of online retail practices. The case stems from penalties imposed by [...]
SEOUL, Jan. 6 (Korea Bizwire) — South Korea’s Supreme Court is set to deliver a closely watched ruling this month in a long-running dispute over franchise fees involving Pizza Hut Korea, a decision that could reshape the financial practices of the country’s franchise industry. According to the food service sector, the Supreme Court’s Civil Division 3 [...]
SEOUL, Jan. 6 (Korea Bizwire) — South Korea will allow foreign aquaculture technicians to work across a broader range of farmed species starting this year, as the government moves to ease chronic labor shortages in the country’s aging fisheries sector. The Ministry of Oceans and Fisheries and the Ministry of Justice said Monday that the scope [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Koreans are increasingly turning to video platforms rather than internet portals to consume news, signaling a broader shift from text-based journalism to visual formats, according to a new nationwide survey released on Monday. The findings, published in the Korea Press Foundation’s 2025 Media Audience Survey, show that the share [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korea’s main bourse operator on Monday introduced a series of new review criteria for initial public offerings (IPOs) specifically targeting companies in core technologies, such as artificial intelligence (AI). The Korea Exchange (KRX) said it has completed amending rules on listing regulation enforcement as part of efforts to [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korea’s Defense Ministry is weighing an unconventional idea to confront two converging national challenges: a shrinking pool of young recruits and a growing cohort of unemployed older men. Officials are considering employing men in their 50s and 60s as border and security personnel, a proposal that has drawn both [...]
SEOUL, Jan. 5 (Korea Bizwire) — The United States’ recent attack on Venezuela and North Korea’s ballistic missile launch are expected to have a limited impact on the South Korean economy, the finance ministry said Monday. The assessment was made in an emergency meeting held to review the economic situation following the recent events, which [...]
SEOUL, Jan. 5 (Korea Bizwire) — Employees at smaller companies in South Korea are significantly less satisfied with their jobs and more likely to experience violations of labor laws than those at larger firms, according to a new survey released on Sunday by the civic group Workplace Bullying 119. The survey, conducted by Global Research between [...]