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Chey Tells Supreme Court SK Stocks in His Name Cannot Be Subject to Property Division

Chey Tells Supreme Court SK Stocks in His Name Cannot Be Subject to Property Division

SEOUL, Oct. 16 (Korea Bizwire) — SK Group Chairman Chey Tae-won has argued to the Supreme Court that SK Inc. stocks and other assets under his name cannot be subject to property division with his estranged wife, Roh Soh-yeong, based on the Civil Act, judicial officials said Wednesday. Chey’s argument was recently submitted in written [...]

Seoul City to Invest 170 Bln Won in 5-yr Project to Nurture Korean Versions of IKEA

Seoul City to Invest 170 Bln Won in 5-yr Project to Nurture Korean Versions of IKEA

SEOUL, Oct. 16 (Korea Bizwire) — The Seoul city government will invest 172.3 billion won (US$126.4) over the next five years in an ambitious design industry development project aimed at nurturing Korean versions of the global furniture giant IKEA, officials said Wednesday. The five-year plan aims to strengthen the design industry in the capital and [...]

Emart Expands Climate Crisis Response with Ambitious Reforestation Project in Mongolia

Emart Expands Climate Crisis Response with Ambitious Reforestation Project in Mongolia

SEOUL, Oct. 16 (Korea Bizwire) – Emart, one of South Korea’s largest retailers, is taking a proactive stance against climate change through various afforestation activities, with its latest initiative reaching as far as the steppes of Mongolia. On October 15, Emart announced that it had begun planting trees in Mongolia’s Terelj National Park on October 10, [...]

Transit Data Tops List of Most Accessed Public Information in Seoul

Transit Data Tops List of Most Accessed Public Information in Seoul

SEOUL, Oct. 16 (Korea Bizwire) – Transportation-related information, particularly subway data, has emerged as the most sought-after public dataset among Seoul residents, according to a report released October 15 by the Seoul Digital Foundation.  The report, titled “Seoul Public Data in My Hand,” provides insights into how citizens are engaging with the city’s open data initiative. [...]

South Korea to Host First International Fingerprint Examination Competition

South Korea to Host First International Fingerprint Examination Competition

SEOUL, Oct. 15 (Korea Bizwire) – The National Police Agency of South Korea announced on October 15 that it will host the inaugural International Fingerprint Examination Competition on November 28, marking a global first for the forensic science community. While previous competitions have focused on evaluating fingerprint recognition software, this event will be the first to [...]

Survey Reveals Growing Interest in Marriage and Parenthood Among Young South Koreans Amid Birth Rate Crisis

Survey Reveals Growing Interest in Marriage and Parenthood Among Young South Koreans Amid Birth Rate Crisis

SEOUL, Oct. 15 (Korea Bizwire) – Amidst growing concerns over South Korea’s critically low birth rate, a recent survey reveals a significant increase in marriage and childbirth intentions among people in their 20s and 30s, offering a glimmer of hope for the country’s demographic challenges. The Presidential Committee on Ageing Society and Population Policy released the [...]

Climate Change Poses Grave Threat to Global Emergency Services, Study Finds

Climate Change Poses Grave Threat to Global Emergency Services, Study Finds

SEOUL, Oct. 15 (Korea Bizwire) – As climate change continues to intensify, a new study warns that emergency medical services worldwide are woefully unprepared for its impacts. Despite the looming crisis, few countries have assessed the scale of the threat or developed plans to address it.  International emergency medicine experts are sounding the alarm, calling for [...]

South Korea to Expand Egg Freezing Subsidies Nationwide

South Korea to Expand Egg Freezing Subsidies Nationwide

CHEONGJU, Oct. 15 (Korea Bizwire) – In a significant move to address declining birth rates and support family planning, South Korea’s Ministry of Health and Welfare announced plans to extend egg freezing subsidies nationwide starting next year, building on a pioneering program launched by North Chungcheong Province.  Egg freezing, a fertility preservation method that allows women [...]

2 Philippine Domestic Helpers Forced to Leave after Deviating from Pilot Program

2 Philippine Domestic Helpers Forced to Leave after Deviating from Pilot Program

SEOUL, Oct. 15 (Korea Bizwire) — Two Filipinas, who were apprehended after leaving the Seoul metropolitan government’s pilot program for foreign domestic helpers without permission, have returned home, the South Korean justice ministry said Monday. The workers were forced to leave Thursday following several weeks of unauthorized absence from their jobs, according to the ministry. [...]