National Archives | Page 2 of 550 | Be Korea-savvy

Archive by category National

Mom-and-pop Stores to Reject Any Hike in Minimum Wage

Mom-and-pop Stores to Reject Any Hike in Minimum Wage

SEOUL, Jul. 13 (Korea Bizwire) — Owners of mom-and-pop stores on Friday called on the government to freeze the minimum wage in 2019, claiming rising labor costs will seriously impact their profitability. If the government moves to raise the minimum hourly wage from the current 7,530 won, the Korea Federation of Micro Enterprise (KFME) won’t [...]

Violent Teens Show Less Impulsive Behavior After Treatment

Violent Teens Show Less Impulsive Behavior After Treatment

SEOUL, Jul. 13 (Korea Bizwire) — A team of medical experts led by Professor Kim Byung-nyun of Seoul National University Hospital has revealed that a psychological treatment program for violent students at 400 schools nationwide launched in 2014 has resulted in improved behaviors and emotions among teenage offenders. The treatment program, which was initially conducted [...]

Eco-Friendly Fashion Takes Industry by Storm

Eco-Friendly Fashion Takes Industry by Storm

SEOUL, Jul. 13 (Korea Bizwire) – The wave of environmentally friendly efforts that recently hit the retail industry is now making similar strides in the fashion industry. Leading fashion companies have recently launched a series of marketing campaigns that incorporate environmental issues while highlighting lower prices for their products. K2, a popular outdoor brand, has [...]

Radon Detected in 80% of Latex Products

Radon Detected in 80% of Latex Products

SEOUL, Jul. 13 (Korea Bizwire) — A new survey has revealed that approximately 80 percent of latex products typically purchased during overseas trips were found to emit radon, a carcinogenic agent. Various civil groups held a press conference at the Central Government Complex in Seoul yesterday to announced the results of a survey performed on [...]

South Koreans Biggest per Capita Consumers of Seafood

South Koreans Biggest per Capita Consumers of Seafood

SEOUL, Jul. 13 (Korea Bizwire) — South Korea’s yearly per capita consumption of seafood has reached nearly 60 kilograms, making the nation one of the world’s largest consumers of natural sea products, ahead of Norway and Japan. These numbers were reiterated by the Norwegian Seafood Council at a press conference held yesterday in central Seoul. [...]

Elliott Lodges US$770 mln Suit Against S. Korea over Samsung Merger

Elliott Lodges US$770 mln Suit Against S. Korea over Samsung Merger

SEOUL, Jul. 13 (Korea Bizwire) — U.S. activist fund Elliott Associates has filed an investor-state dispute (ISD) suit against the South Korean government seeking compensation for its losses from a 2015 merger of two Samsung units, Seoul’s justice ministry said Friday. The notice of arbitration lodged by the American firm comes three months after Elliot [...]

Young Smokers Have Easy Access to Cigarettes: Survey

Young Smokers Have Easy Access to Cigarettes: Survey

SEOUL, Jul. 12 (Korea Bizwire) — A recent study has revealed that 50 percent of young smokers buy cigarettes at stores directly. According to the Korea Health Promotion Institute, a survey carried out online by querying adolescents on their individual methods of cigarette purchases found that 48 percent had bought cigarette products at convenience stores [...]

Minimum Wage Hike a Net Positive for Low Income Earners: Study

Minimum Wage Hike a Net Positive for Low Income Earners: Study

SEOUL, Jul. 12 (Korea Bizwire) — A new study has found that among young South Koreans earning less than 2 million won per month, few experienced a salary decrease following the increase in the minimum wage. The activist group “Youth Community Union” announced the results today after surveying 255 individuals between 19 and 39 years [...]