SEOUL, Feb. 17 (Korea Bizwire) — Gil Won-ok, a former sex slave for Japanese troops who campaigned to raise awareness of the World War II atrocity, died Sunday, the gender equality ministry said. She was 97. Gil was 13 years old when she was taken from her home in Pyongyang, now the capital of North [...]
SEOUL, Feb. 16 (Korea Bizwire) — South Korea’s Housing and Urban Guarantee Corporation (HUG) has introduced a stringent “one-strike-out” policy to immediately initiate foreclosure proceedings against foreign landlords who fail to return tenants’ rental (jeonse) deposits, aiming to curb financial risks associated with non-compliant property owners. HUG announced on Friday that the new measure, effective since [...]
SEOUL, Feb. 16 (Korea Bizwire) — South Korean mobility platform Tada has filed a lawsuit against Kakao Mobility, accusing the industry giant of unfair business practices that allegedly restricted competition and harmed Tada’s operations. According to the information and communications technology (ICT) sector on February 16, Tada’s parent company, VCNC, filed the damages suit last month [...]
SEOUL, Feb. 14 (Korea Bizwire) — As discussions of potential peace negotiations between the United States, Russia, and Ukraine gain momentum, South Korean companies are positioning themselves to participate in what could become one of the largest reconstruction efforts in modern history. Estimates have pegged the cost of rebuilding Ukraine’s war-torn infrastructure at approximately $900 billion, [...]
SEOUL, Feb. 14 (Korea Bizwire) – The top diplomats of South Korea, the United States and Japan will hold talks in Munich later this week, Seoul’s foreign ministry said Friday, in what will be their first such trilateral meeting since the launch of the second Donald Trump administration. Foreign Minister Cho Tae-yul will have the [...]
SEOUL, Feb. 14 (Korea Bizwire) – Foreign tour agents have entered North Korea for the first time since it closed its borders to tourism in 2020 due to COVID-19, to inspect new tourism sites, a tour agency’s website said Friday, amid signs of Pyongyang reopening to foreign tourists. Koryo Tours’ staff crossed into North Korea’s [...]
SEOUL, Feb. 14 (Korea Bizwire) – South Korea added more than 130,000 jobs in January, marking a turnaround from an on-year decline in the previous month, though job growth remained in the 100,000 range, data showed Friday. The number of employed people came to 27.88 million as of the end of last month, up 135,000 [...]
WASHINGTON, Feb. 14 (Korea Bizwire) – The absence of a fully elected leader in South Korea poses a “danger” to Seoul’s efforts to address U.S. President Donald Trump’s push for tariffs, an expert said Thursday, stressing the importance of leader-to-leader engagement to neutralize the impact of those planned or proposed duties. Victor Cha, president of [...]
SEOUL, Feb. 14 (Korea Bizwire) – South Korean low-cost carrier (LCC) Eastar Jet Co. said Friday it was investigating a misconduct case involving a cabin crew’s taking of personal photos on the wing of a company aircraft at a domestic airport this week. Several flight attendants of the airline were found to have taken personal [...]
JAKARTA, Indonesia, Feb. 14 (Korea Bizwire) — At a bustling food expo in the heart of Jakarta, Indonesian shoppers eagerly sampled fresh strawberries flown in from Nonsan, South Korea. Among them was Ainna, a 30-year-old visitor, who proudly showcased a strawberry shortcake she had just purchased. Taking a bite, she remarked, “The combination of fresh [...]