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Police Could Ban Release of Firearms on Day of Yoon’s Impeachment Ruling

Police Could Ban Release of Firearms on Day of Yoon’s Impeachment Ruling

SEOUL, March 11 (Korea Bizwire) — Police are reviewing whether to ban the release of firearms on the day of President Yoon Suk Yeol’s impeachment ruling over concerns about their use in a terrorist attack, officials said Tuesday. The National Police Agency is looking into instructing police stations nationwide to prohibit the discharge of guns [...]

Acting President Vows ‘Zero Tolerance’ for Any Violence amid Imminent Ruling on Yoon’s Impeachment

Acting President Vows ‘Zero Tolerance’ for Any Violence amid Imminent Ruling on Yoon’s Impeachment

SEOUL, March 11 (Korea Bizwire) — Acting President Choi Sang-mok on Tuesday pledged “zero tolerance” for any acts of violence as the Constitutional Court is set to deliver its ruling on whether to reinstate or remove impeached President Yoon Suk Yeol. The court is expected to announce its decision as early as this week, raising [...]

Gov’t Ministers Call for Exemption of Semiconductor Workers from 52-hour Workweek System

Gov’t Ministers Call for Exemption of Semiconductor Workers from 52-hour Workweek System

SEOUL, March 11 (Korea Bizwire) – Industry and labor ministers on Tuesday called for an exemption of researchers in the semiconductor industry from South Korea’s 52-hour workweek system that prevents them from working extended hours even when needed. The government has been calling for a revision to the system to allow such workers to put [...]

Major Corporations Move to Offset Employee Tax Burden Under New Tax Law

Major Corporations Move to Offset Employee Tax Burden Under New Tax Law

SEOUL, March 11 (Korea Bizwire) — As South Korea’s revised tax law imposes income tax on employee discounts starting in 2025, major corporations are stepping in to offset the financial impact on their workers. Samsung Electronics announced on March 10 through its internal Family Net platform that the company plans to cover the tax burden [...]

South Korea’s Youth Obesity Problem Worsens as Health Risks Rise

South Korea’s Youth Obesity Problem Worsens as Health Risks Rise

SEOUL, March 11 (Korea Bizwire) — One in six South Korean students is obese, and half of these obese students show at least one risk factor for metabolic syndrome, including diabetes or hypertension, according to a comprehensive new study. The research also revealed that 20% of obese students are prediabetic. The National Health Insurance Service Research Institute’s [...]

White House Reaffirms ‘Complete’ Denuclearization of N. Korea After Regime’s Missile Launches

White House Reaffirms ‘Complete’ Denuclearization of N. Korea After Regime’s Missile Launches

WASHINGTON, March 10 (Korea Bizwire) – A White House official reiterated the United States’ commitment to the “complete” denuclearization of North Korea on Monday, after Pyongyang fired multiple ballistic missiles in its first known launch since U.S. President Donald Trump took office in January. “We’re aware of the missile launches and refer you to U.S. [...]

South Korean Biotech and Healthcare Firms Expand Family Support Policies

South Korean Biotech and Healthcare Firms Expand Family Support Policies

SEOUL, March 10 (Korea Bizwire) — South Korea’s biotech, pharmaceutical, and healthcare companies are ramping up efforts to address the country’s low birth rate by introducing expanded family-friendly policies, including enhanced parental leave, financial incentives for childbirth, and workplace childcare support. According to industry sources on Sunday, Kakao Healthcare has begun offering free continuous glucose [...]