SEOUL, Dec. 24 (Korea Bizwire) — More than 3,000 North Korean troops have been killed or wounded in Russia’s western frontline region of Kursk, Ukrainian President Volodymyr Zelenskyy has said, raising concern about the potential deployment of additional North Korean troops and equipment to Russia. Zelenskyy unveiled the figure Monday on the social media platform [...]
SEOUL, Dec. 24 (Korea Bizwire) — Subzero temperatures, bolstered by strong winds, gripped the country Tuesday, with the cold wave expected to continue through the Christmas holiday. Morning temperatures were forecast to hover around minus 10 C in the central inlands and mountainous regions of Gangwon Province, as well as the inlands of North Gyeongsang [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korea has revised a maritime resource development rule to offer more business predictability for investors in an ongoing project to search for oil and gas in the East Sea, the industry ministry said Tuesday. The revised enforcement decree on submarine mineral resources development was passed during a Cabinet [...]
SEOUL, Dec. 24 (Korea Bizwire) — The transport ministry said Tuesday it will launch an aviation seatbelt awareness campaign to prevent turbulence-related accidents during flights, amid the year-end travel season, currently under way. The campaign, running from Wednesday through Feb. 2, aims to raise awareness about the dangers of turbulence during flights and the importance [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korea has approved an enforcement decree to accelerate the development of autonomous vessels, laying the groundwork for global leadership in the rapidly growing industry, the industry ministry said Tuesday. The enforcement decree on the act for the development of autonomous vessels was passed during a Cabinet meeting held [...]
SEOUL, Dec. 24 (Korea Bizwire) — The main opposition Democratic Party (DP) vowed Tuesday to immediately take steps to impeach acting President Han Duck-soo over his refusal to promulgate two special counsel bills targeting President Yoon Suk Yeol and first lady Kim Keon Hee. Rep. Park Chan-dae, the DP floor leader, made the remark shortly [...]
SEOUL, Dec. 24 (Korea Bizwire) — LG Display and Hanwha Solutions have jointly developed eco-friendly cushioning packaging made from post-consumer recycled (PCR) plastics, the companies announced on December 23, 2024. This new packaging is tailored for electronic components and aligns with global sustainability efforts. The two firms collaborated over two years to achieve quality comparable [...]
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 [...]