SEOUL, April 23, (Korea Bizwire) — For the first time, women working at South Korea’s top 500 companies earned more than 70 percent of what their male counterparts make, according to a new report signaling slow but steady progress in narrowing the corporate gender pay gap. The report, released April 22, 2025, by corporate analysis [...]
SEOUL, April 22 (Korea Bizwire) — A Chinese youth delegation has visited South Korea for the first time in six years as part of a bilateral exchange program, Seoul’s foreign ministry said Tuesday. A 53-member delegation arrived in South Korea on Monday for a six-day stay, during which they were to participate in various cultural [...]
SEOUL, April 22 (Korea Bizwire) — Starting April 23, 2025, individuals with disabilities in South Korea will be allowed to enter nearly all public and private spaces with assistance dogs, following a newly revised enforcement ordinance and rule under the Disability Welfare Act (ACT ON WELFARE OF PERSONS WITH DISABILITIES). Announced by the Ministry of Health [...]
SEOUL, April 22 (Korea Bizwire) — An association of overseas Korean business leaders has touched off a controversy for planning to hold a large-scale gathering in a southeastern city recently devastated by the nation’s worst-ever wildfire. The World Federation of Overseas Korean Traders Association (World-OKTA) reportedly plans to hold its 26th leaders’ convention and export [...]
SEOUL, April 22 (Korea Bizwire) – Finance Minister Choi Sang-mok said Tuesday that his upcoming trade talks with the Donald Trump administration will help pave the way for renewed discussions on strengthening the South Korea-U.S. alliance. Choi, who doubles as deputy prime minister for economic affairs, made the remark as he headed to the United [...]
GANGNEUNG, South Korea, April 22 (Korea Bizwire) — In a bid to become a “disposable cup-free coffee city,” the coastal city of Gangneung announced on April 22, 2025, that it will implement a reusable cup deposit system, marking the first such initiative in an open, non-isolated area in South Korea. Under the new system, customers [...]
SEOUL, April 22, (Korea Bizwire) — South Korea’s per capita health insurance spending rose by 28% over the past decade, driven largely by higher treatment costs rather than more frequent medical visits, according to a report released Monday by the Korea Development Institute (KDI). The report, titled “Factors Behind Health Insurance Spending Growth and Policy [...]
SEOUL, April 21 (Korea Bizwire) — The U.N. aviation agency has voiced grave concerns over North Korea’s recent jamming of GPS navigation signals and called for measures to prevent a recurrence, the South Korean foreign ministry said Monday. During its latest council session held in Montreal, Canada, from March 10 to April 4, the International [...]
SUWON, South Korea, April 21 (Korea Bizwire) — Two Chinese nationals were apprehended Monday on suspicion of illegally filming fighter jets near Osan Air Base, which is used by the U.S. Air Force, but police later dropped the investigation, citing no suspected espionage. The two were suspected of illegally taking photos of the base and [...]
SEOUL, April 21 (Korea Bizwire) — South Korea plans to export 22 tons of rice to Japan, the largest volume in 35 years, following a surge in rice prices in the neighboring country, a trade company said Monday. The Japan office of South Korea’s NH Trading Co. imported 2 tons of Korean rice products last [...]