SEOUL, March 23 (Korea Bizwire) — South Korea recorded its highest-ever number of trade dispute mediation cases in 2024, driven largely by a surge in conflicts involving online platforms, according to data released on Sunday by the Korea Fair Trade Mediation Agency (KFTMA). The agency reported receiving 4,041 mediation requests last year, marking a 16% increase [...]
SEOUL, March 24 (Korea Bizwire) — The Seoul Metropolitan Government announced it will participate in a government-led pilot program allowing foreign domestic workers to be hired without the application of South Korea’s minimum wage law, sparking controversy over potential labor rights concerns. The initiative, jointly managed by Seoul City and the Ministry of Justice, aims [...]
SEOUL, March 24 (Korea Bizwire) — South Korea launched a project Monday to excavate the remains of a presumed South African pilot killed during the 1950-53 Korean War, Seoul’s defense ministry said. The project, which runs through April 11, aims to find the remains of a South African Air Force pilot presumed to have been [...]
SEOUL, March 24 (Korea Bizwire) — Acting President Choi Sang-mok on Monday instructed the government to promptly engage in follow-up discussions regarding a recent decision by the U.S. Department of Energy to place South Korea on its “sensitive and other designated countries list.” Seoul and Washington have begun working-level talks to address the issue, following [...]
SEJONG, March 24 (Korea Bizwire) — More than 160 people died or went missing in maritime accidents in South Korea last year, government data showed Monday. In 2024, 3,255 maritime accidents occurred in the country, up 5.3 percent from 2023, according to the data compiled by the Ministry of Oceans and Fisheries. In the accidents, [...]
SEOUL, March 24 (Korea Bizwire) — South Korean and Indonesian defense officials have reaffirmed their cooperation for a joint project to develop the KF-21 fighter jet, the South’s arms procurement agency said Monday. Seok Jong-gun, minister of the Defense Acquisition Program Administration (DAPA), and Donny Ermawan Taufanto, Indonesia’s deputy minister of defense, discussed the joint [...]
SEOUL, March 24 (Korea Bizwire) — Authorities will intensively deploy helicopters to battle the deadly wildfires that have engulfed the southeastern county of Sancheong for the fourth consecutive day Monday, as the blaze is spreading to the adjacent Hadong County, officials said. As many as 36 helicopters were deployed to the two counties in South [...]
SEOUL, March 24 (Korea Bizwire) — The Constitutional Court dismissed the impeachment of Prime Minister Han Duck-soo on Monday, reinstating him as acting president in the ongoing turmoil over suspended President Yoon Suk Yeol’s brief imposition of martial law. Han’s impeachment was dismissed in a 5-1 vote by the court’s eight justices. Two justices voted [...]
SEOUL, March 24 (Korea Bizwire) — A South Korean court has ruled that the death of a delivery driver who ran a red light and was killed in a traffic accident while rushing to meet delivery deadlines qualifies as a work-related accident. The Seoul Administrative Court’s 8th Division, presided over by Judge Lee Jung-hee, sided [...]
ULSAN, March 24 (Korea Bizwire) — With South Korea’s shipbuilding industry experiencing its strongest boom in 15 years, the Dong-gu district of Ulsan is taking steps to better accommodate its rapidly growing foreign population with new comprehensive support measures. The district council recently passed amendments to its foreign resident support ordinance, requiring the local government to develop, [...]