SEOUL, Sept. 10 (Korea Bizwire) – South Korea’s Ministry of Employment and Labor is preparing to conduct a labor inspection of Coupang, the country’s leading e-commerce company, following a series of worker deaths in recent months. Kim Min-seok, the Vice Minister of Employment and Labor, addressed the issue during a plenary session of the National Assembly’s [...]
SEOUL, Sept. 9 (Korea Bizwire) – The financial regulator on Monday announced plans to revise related laws to require payment gateway (PG) service providers to maintain sufficient funds to settle all payments. The move follows massive payment delays by two e-commerce platforms — TMON and WeMakePrice — due to a liquidity crisis caused by their [...]
SEOUL, Sept. 9 (Korea Bizwire) – The health ministry said Monday it has requested police probe into those who drew up and circulated a “blacklist” of emergency physicians opting not to join their striking colleagues, calling such acts an “inexcusable crime” and vowing a stern response. An online post was uploaded to a website believed [...]
SEOUL, Sept. 9 (Korea Bizwire) – A new study has revealed that webtoon artists contracted through production companies are significantly more likely to experience depression compared to their counterparts who work directly with publishing platforms. The research, titled “Work Environment and Depressive Symptoms of Webtoon Writers,” was recently published in the international journal SH@W by the [...]
SEOUL, Sept. 9 (Korea Bizwire) — The number of cancer surgeries decreased significantly in the first five months after a junior doctors’ strike began in February, data from the Health Insurance Review and Assessment Service (HIRA) showed Monday. Between February and June, the number of patients who underwent cancer surgeries at upper-class general hospitals nationwide [...]
SEOUL, Sept. 9 (Korea Bizwire) – As South Korea grapples with record-breaking levels of wage arrears this year, a new report has revealed that foreign workers have borne a disproportionate share of the burden, with unpaid wages totaling nearly 70 billion won in the first seven months of 2024. According to data obtained from the Ministry [...]
SEOUL, Sept. 9 (Korea Bizwire) — The transport ministry said Monday it plans to issue a legislative notice for new government regulations regarding electric vehicle (EV) safety announced last week in response to public concerns over EV fires. The ministry said the legislative notice for amendments to the enforcement regulations of the Automobile Management Act [...]
SEOUL, Sept. 9 (Korea Bizwire) — North Korea has held celebrative events to mark the 76th anniversary of the regime’s founding, with senior officials visiting a mausoleum to pay tribute to the country’s late former leaders, state media reported Monday. Premier Kim Tok-hun and other key officials on Sunday visited the Kumsusan Palace of the [...]
SEOUL, Sept. 9 (Korea Bizwire) — Extreme heat wave in August is forecast to push up electricity costs for households by an average of 13 percent, the state-run power company said Monday. The average usage of electricity per household climbed 9 percent in August from a year earlier to come to 363 kilowatt-hours (kWh), which [...]
SEJONG, Sept. 9 (Korea Bizwire) – A recent report has revealed a sharp increase in the number of elementary school teachers in South Korea leaving their jobs prematurely, reaching a five-year high in 2023. According to data obtained by Democratic Party lawmaker Jin Sun-mee from regional education offices, the early resignation rate among elementary school teachers [...]