SEOUL, Dec. 3 (Korea Bizwire) – A seemingly straightforward directive from the Seoul city government about the English naming of its main waterway has sparked a broader debate about Korean place names in English, highlighting tensions between linguistic accuracy and cultural preservation. On November 19, Seoul city officials announced that “Hangang River” is the correct English [...]
SEOUL, Dec. 3 (Korea Bizwire) – South Korea’s economic backbone—households headed by those in their 40s—saw a sharp drop in business income during the third quarter, reflecting prolonged domestic demand stagnation and heightened challenges for self-employed workers. According to Statistics Korea on Friday, the average business income for 40-something households fell to ₩1.07 million, down 13.1% [...]
SEOUL, Dec. 3 (Korea Bizwire) – South Korean authorities have apprehended 39 individuals in a sweeping raid on a foreigners-only club in Suwon, suspected of drug trafficking and employing undocumented workers, the police announced on November 2. The raid, conducted by the Suwon West Police and Suwon Immigration Office, targeted a club catering exclusively to Vietnamese [...]
SEOUL, Dec. 2 (Korea Bizwire) — A fifth round of international negotiations for a binding plastic regulation agreement has ended without a deal, with delegates agreeing to resume talks at a later date. The Intergovernmental Negotiating Committee (INC) on Plastic Pollution met in the southeastern city of Busan from last Monday until Sunday to try [...]
SEOUL, Dec. 2 (Korea Bizwire) — Ukrainian President Volodymyr Zelenskyy has said North Korean soldiers deployed to western Russia have been killed or injured during combat against Ukrainian forces, adding to global criticism they will be used as “cannon fodder” for Moscow, a Japanese report showed. Zelenskyy shared the assessment during an interview with Japan’s [...]
SEOUL, Dec. 2 (Korea Bizwire) – Seoul has launched its annual Fine Dust Seasonal Management Program, introducing strict measures to reduce air pollution during the winter months. Effective from December through March, vehicles classified as emissions grade 5—the highest polluters—are banned from operating on weekdays between 6 a.m. and 9 p.m., unless equipped with eco-friendly modifications. [...]
WASHINGTON, Dec. 1 (Korea Bizwire) — The South Korean Embassy in the United States has hired a public strategy company previously associated with President-elect Donald Trump’s chief of staff nominee, a move seen as aiming to enhance communication with Trump’s team. According to the U.S. Department of Justice on Sunday, Mercury Public Affairs reported its [...]
SEOUL, Dec. 2 (Korea Bizwire) — A search and rescue operation is under way in the sea off the southeastern county of Uljin on Monday after a leisure boat with three people on board went missing the previous day, police said. The Uljin Coast Guard said families of the sailors reported around 8 p.m. Sunday [...]
SEOUL, Dec. 2 (Korea Bizwire) — STX Corp., a South Korean general trading firm, said Monday that it has signed a US$60 million contract with the Peruvian Army’s weapons manufacturing body to export 30 armored vehicle units to the South American nation. Under the deal with the Peruvian Army Arsenal, STX will ship 30 units [...]
SEOUL, Dec. 2 (Korea Bizwire) — More than half of South Korean companies operating in Vietnam have experienced technology theft by their employees this year, a state-funded research institute said Monday. The Korea Institute for Industrial Economics & Trade (KIET) conducted a poll of 335 Korean firms that have business operations in Vietnam during the [...]