SEOUL, Feb. 11 (Korea Bizwire) — As hiring at major corporations and public institutions continues to shrink, more than 420,000 young South Koreans have given up on job searching, reflecting a deepening employment crisis among the nation’s youth. According to data released by Statistics Korea on February 10, the average number of employees at businesses with [...]
BUSAN, Feb. 10 (Korea Bizwire) — A man who attempted to rob a bank with a toy gun was apprehended within two minutes by citizens and bank staff, drawing widespread online satire that likened the incident to recent political rhetoric from President Yoon Suk Yeol. On February 10, a man in his 30s entered a [...]
SEOUL, Feb. 11 (Korea Bizwire) — Faced with the worst economic downturn in 21 years, South Korean consumers are increasingly turning to supermarkets over big-box retailers, preferring to buy necessities in smaller quantities rather than bulk purchases. According to data from Statistics Korea and industry sources, total retail sales fell by 2.2% in 2024, marking [...]
DAEJEON, Feb. 11 (Korea Bizwire) – A teacher accused of stabbing an 8-year-old student to death at an elementary school in the central city of Daejeon was found to have shown signs of aggression toward another teacher days before the incident, police said Tuesday. The female teacher in her 40s admitted to stabbing the girl [...]
SEOUL, Feb. 11 (Korea Bizwire) – The newly established South Korean Embassy in Havana, Cuba, has launched its website as it has begun its activities in earnest, pledging to expand consular services and seek bilateral cooperation with the host country. South Korea opened its embassy in Cuba last month, a year after the two countries [...]
SEOUL, Feb. 11 (Yonhap) – South Korea plans to expand its official development assistance (ODA) to 50 nations by 2029, the agriculture ministry said Tuesday, a move partly aimed at strengthening the global competitiveness of the country’s agri-food industry. The move comes as part of the government’s five-year plan to bolster the country’s international agriculture [...]
SEOUL, Feb. 11 (Korea Bizwire) – North Korea on Tuesday denounced the recent arrival of a U.S. nuclear-powered submarine in South Korea, accusing Washington of ignoring Pyongyang’s security concerns and warning that it is ready to use any means to defend its national security. North Korea’s defense ministry made the remarks a day after the [...]
SEOUL, Feb. 11 (Korea Bizwire) – North Korean leader Kim Jong-un has attended the groundbreaking ceremony for a new greenhouse farm and a vegetable science research center in the northwestern city of Sinuiju, reaffirming his commitment to regional development, state media reported Tuesday. The ceremony was held the previous day for the “largest-ever modern” 450-hectare [...]
SEOUL, Feb. 11 (Korea Bizwire) — With permanent makeup and tattoos become increasingly mainstream in South Korea, lawmakers and health authorities are facing mounting pressure to establish safety and hygiene regulations for an industry that technically remains illegal under current law, according to a National Assembly report released on February 10. The National Assembly Research Service’s [...]
SEOUL, Feb. 11 (Korea Bizwire) — Travelers using South Korea’s Incheon International Airport are being advised to arrive up to six hours before their flights, highlighting the facility’s ongoing struggle with long queues despite recent multi-billion won upgrades. The issue came into sharp focus during the recent Lunar New Year holiday, when wait times reached new [...]