SEOUL, Nov. 22 (Korea Bizwire) — A North Korean weaponry exhibition featured the country’s latest arms, ranging from suicide bombing drones to solid-fuel intercontinental ballistic missiles, North Korean reports and photos showed Friday. The North’s official Korean Central News Agency (KCNA) reported that the “National Defense Development-2024″ exhibition opened in Pyongyang the previous day, showcasing [...]
SEOUL, Nov. 22 (Korea Bizwire) – Experts at a population strategy forum have called for a fundamental shift in workplace culture, arguing that employees balancing work, caregiving, and personal life should become the new standard in personnel management to address South Korea’s declining birth rate and achieve better work-life integration. The forum, held on November 20 [...]
SEOUL, Nov. 22 (Korea Bizwire) – The Seoul Metropolitan Government has publicly disclosed the names of 12,686 high-value tax delinquents who owe more than 10 million won in local taxes, with the largest individual debtor being Oh Moon-cheol, 65, the former CEO of Bohae Savings Bank, who owes 15.17 billion won. The city government published the [...]
SEOUL, Nov. 21 (Korea Bizwire) – A new survey has revealed a significant transformation in South Korean teachers’ workplace experiences and perceptions over the past 20 years, with student misconduct and parental complaints now ranking as their primary source of stress, replacing administrative overload as the top concern from two decades ago. The Korean Education Policy [...]
SEOUL, Nov. 21 (Korea Bizwire) – In a significant shift for South Korea’s healthcare system, 42 of the nation’s 47 tertiary hospitals have agreed to participate in a government initiative aimed at restructuring their services to focus on severe illnesses and emergency care. The program represents a key component of the government’s healthcare reform agenda, which [...]
SEOUL, Nov. 21 (Korea Bizwire) — Unionized railway workers on Thursday said they will launch an indefinite general strike on Dec. 5 to demand higher pay and a bigger workforce. The walkout plan by the Korean Railway Workers’ Union (KRWU), if implemented, is expected to affect the operations of high-speed KTX and regular train services [...]
CHANGWON, Nov. 21 (Korea Bizwire) – A group of individuals has been charged with orchestrating an elaborate scheme that placed Kenyan marathon runners in illegal employment at seafood farms along South Korea’s southern coast, the Changwon Coast Guard announced on November 19. According to authorities, a 29-year-old marathon runner affiliated with a local sports association has [...]
DAEJEON, Nov. 21 (Korea Bizwire) – The ambitious plan to bring a Starbucks Reserve Roastery to a historic former government building in Daejeon has been scrapped, Mayor Lee Jang-woo announced during a city briefing on November 19. “We are discontinuing our pursuit of the Starbucks Reserve Roastery and will instead focus on restoring the former Daejeon [...]
SEOUL, Nov. 20 (Korea Bizwire) – South Korean regulators have blocked nearly 2,000 product listings from Chinese e-commerce platforms AliExpress and Temu since May, citing safety violations that threaten consumer well-being. This move underscores the growing challenges posed by cross-border e-commerce amid its meteoric rise in the country. A Surge in Unsafe Products From May to [...]
SEOUL, Nov. 20 (Korea Bizwire) – A growing concern over foreign street racers performing dangerous stunts on South Korean roads at night has emerged, with the group brazenly posting videos of their activities and taunting law enforcement on social media. The issue first gained public attention through recent posts on Bobaedream, an online automotive community, detailing [...]