SEOUL, Sept. 2 (Korea Bizwire) – Nearly 7 out of 10 South Koreans voiced support for a gradual increase in the medical school admission quota rather than a drastic hike, a survey showed Monday. The survey of 1,000 South Koreans aged 18 and older commissioned by the national medical professors’ council showed that 68.9 percent [...]
SEOUL, Sept. 2 (Korea Bizwire) — Some foreign professors at Pyongyang University of Science and Technology have returned to North Korea after a four-year hiatus over COVID-19, Seoul officials said Monday, in the latest sign of the North’s further border opening. Late last month, an unspecified number of foreign professors at North Korea’s sole international [...]
SEOUL, Sept. 2 (Korea Bizwire) — A recent survey has revealed that approximately 80% of South Korean workers are either currently engaged in side jobs or considering taking on additional work, highlighting the economic pressures faced by many in the country’s workforce. The survey results, released by the job search app Albamon on August 29, polled [...]
SEOUL, Sept. 2 (Korea Bizwire) — With the semiconductor industry experiencing a boom leading to a vibrant job market, South Korean tech giants are facing a growing dilemma: how to prevent technology leaks while competing for top talent. Industry leaders like Samsung Electronics and SK Hynix routinely require employees to sign non-compete agreements, typically barring them [...]
SEOUL, Sept. 2 (Korea Bizwire) — The over 26,000 food radioactivity tests conducted in Seoul since the first release of treated radioactive water from the crippled Fukushima nuclear power plant one year ago have all met safety standards, city officials said Monday. The city government conducted 26,772 radioactivity tests on food items during the year [...]
SEOUL, Sept. 2 (Korea Bizwire) — South Korea’s average daily maximum power demand reached a new high in August as the country experienced scorching summer heat that persisted throughout the month, data showed Monday. The country’s peak power demand in August averaged 87.8 gigawatts, a 6.1 percent increase from a year earlier, according to the [...]
SEOUL, Sept. 2 (Korea Bizwire) — The finance ministry said Monday it will push to reduce 32.1 trillion won (US$24.01 billion) of debt incurred by 14 financially troubled public companies combined by 2026 through asset sales and organization restructuring. According to the revised financial management plan, the government set the target debt amount for Korea [...]
SEOUL, Sept. 2 (Korea Bizwire) — About 7,500 crimes have been committed by military personnel against civilians over the past five years, but indictments have been reported in only three out of 10 such cases, data from the defense ministry showed Monday. The number of detected crimes against civilians by soldiers and civilian military employees [...]
SEOUL, Sept. 2 (Korea Bizwire) — North Korean leader Kim Jong-un has emphasized the importance of quality over speed in the construction of factories and other modern facilities as part of ongoing efforts to develop underdeveloped regions outside of Pyongyang, state media said Monday. The directive was issued during Kim’s “field guidance” to regional-industry factories [...]
SEOUL, Sept. 2 (Korea Bizwire) — Health Minister Cho Kyoo-hong on Monday tried to soothe concerns about hospital emergency rooms, as some doctors have warned of a potential disruption of emergency care due to a prolonged walkout by trainee doctors. “Although there are some difficulties, we believe that emergency rooms are capable of maintaining operations,” [...]