SEOUL, Aug. 19 (Korea Bizwire) – Recent revelations about badminton star An Se-young’s seven-year stint as the national team’s de facto launderer and cleaner have reignited discussions about the treatment of junior athletes in South Korean sports, bringing renewed attention to volleyball icon Kim Yeon-koung’s past comments on the issue. An, 22, who joined the national [...]
SEOUL, Aug. 19 (Korea Bizwire) – When Yoon Sun-young’s high school freshman child asked for tickets to PSY’s “Soaked Show,” she was taken aback by the price tag. Even with a 20% student discount, standing room tickets cost over 130,000 won, and factoring in food and transportation, the total expense would easily surpass 200,000 won. “A [...]
HAMYANG, Aug. 19 (Korea Bizwire) – For A, a 31-year-old Vietnamese worker, home in South Korea is a dormitory that defies expectations. Arriving in March with 35 colleagues under a seasonal worker agreement between Hamyang County and Vietnam’s Nam Tra My district, A initially harbored concerns about potentially harsh working conditions. Those worries have since dissipated. [...]
SEOUL, Aug. 18 (Korea Bizwire) – With an unprecedented heat wave engulfing the Korean Peninsula this summer, many South Koreans are experiencing a stark awakening to the realities of climate change, prompting calls for urgent action. On August 16, Seoul’s daytime temperature peaked at 34.3 degrees Celsius, according to the Korea Meteorological Administration. Even after the [...]
SEOUL, Aug. 18 (Korea Bizwire) – The number of South Korean youth opting to remain economically inactive without a specific reason set a new record in July, data showed Sunday, amid economic uncertainties and high job competition. The number of such individuals aged 15 to 29 reached 443,000 last month, an increase of 42,000 from [...]
SEOUL, Aug. 16 (Korea Bizwire) – Health authorities said Friday they plan to supply treatments for 260,000 COVID-19 patients, as the nation saw a surge in cases due to a summer wave. “We have started contacting global pharmaceutical companies after recognizing that treatments are being used more widely than before, and the supply will start [...]
SEOUL, Aug. 16 (Korea Bizwire) — South Korea’s business community has submitted formal concerns to the U.S. Treasury Department regarding Washington’s policy to restrict American investments in China’s advanced technology sector, sources said Friday. According to the sources, the Korea Chamber of Commerce and Industry (KCCI) sent a letter to the department on Aug. 4 [...]
SEOUL, Aug. 16 (Korea Bizwire) — Seoul experienced its 26th consecutive tropical night on Friday, marking the longest streak of overnight temperatures remaining above 25 C in 118 years. The temperature in Seoul did not drop below 26.8 C between 6:01 p.m. on Thursday and early Friday morning, extending its tropical night streak that began [...]
SEOUL, Aug. 16 (Korea Bizwire) — South Korea’s defense authorities on Friday approved a plan to reduce Indonesia’s contribution for a joint fighter jet development project to 600 billion won (US$440 million), about one-third of the original amount, the state arms procurement agency said. The Defense Project Promotion Committee endorsed the plan amid concerns over [...]
WASHINGTON, Aug. 15 (Korea Bizwire) — A White House official on Thursday suggested the possibility of holding a trilateral summit among the leaders of South Korea, the United States and Japan by the end of this year, following the historic Camp David summit last year. Mira Rapp-Hooper, the senior director for East Asia and Oceania [...]