SEOUL, Dec. 24 (Korea Bizwire) — According to life-cycle statistics for 2023 released by Statistics Korea on December 23, one in three South Koreans aged 65 and above are now employed, while about 80% of both young (15-39) and elderly households consist of one or two people. The administrative data, compiled from various government departments and [...]
SEOUL, Dec. 24 (Korea Bizwire) — A recent Bank of Korea survey reveals that one in three major South Korean export companies anticipates a decrease in exports next year, citing intensifying competition from China and potential impacts from a second Trump administration among key concerns. According to the central bank’s regional economic report released on December [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korea’s National Human Rights Commission (NHRC) has determined that excluding a female firefighter from driving a large vehicle due to her gender constitutes discrimination. The decision follows a complaint filed by the firefighter, identified as Ms. A, who works at a fire station in Incheon. Ms. A alleged [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korea’s manufacturing and export sectors, the backbone of its economy, are bracing for significant challenges in early 2025 due to rising global trade tensions and domestic political instability. Concerns are growing over protectionist policies from major economies, particularly under the incoming Trump administration, and a leadership void in [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korea is grappling with a surge in obesity and e-cigarette use, even as traditional smoking declines and physical activity rates improve, according to a nationwide health survey released by the Korea Disease Control and Prevention Agency (KDCA). The survey, conducted among 230,000 adults across 258 health centers, revealed [...]
SEOUL, Dec. 23 (Korea Bizwire) — Ukraine’s military unveiled what it claimed were false identification documents carried by North Korean troops killed in the war with Russia, a report showed, amid Kyiv’s claim that Russia is trying to conceal the presence of North Korean soldiers. Citing images shared on the Telegram channel of Ukraine’s special [...]
SEOUL, Dec. 23 (Korea Bizwire) — The National Assembly began a two-day confirmation hearing process Monday for three nominees to the Constitutional Court, which will deliberate on President Yoon Suk Yeol’s impeachment trial. The parliamentary hearings aim to fill vacancies on the nine-member bench, where six justices are currently seated. By law, at least six [...]
SEOUL, Dec. 23 (Korea Bizwire) — North Korea touted the recovery of the country’s flood-damaged northwestern regions as “miracles” in reports released Monday, using the occasion to portray leader Kim Jong-un as a “benevolent father.” “The flood-hit areas of North Phyongan, Jagang and Ryanggang provinces have turned into ideal socialist villages,” the North’s Korean Central [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korea’s Defense Acquisition Program Administration (DAPA) announced the completion of a cutting-edge “Personal Battlefield Visualization System” on December 23. This system enables individual soldiers to share real-time battlefield information and communicate seamlessly with team members. The system, developed with Hanwha Systems as the primary contractor, leverages personal radios and [...]
DONGDUCHEON, Dec. 23 (Korea Bizwire) – A South Korean firefighter with two decades of experience has developed a specialized stretcher attachment designed to safely transport children in ambulances. Lee Soo-jung, a fire lieutenant at the Dongducheon Fire Station, identified a critical gap in emergency medical transport safety. “While child car seats are mandatory in regular vehicles, [...]