SEOUL, Aug. 13 (Korea Bizwire) – The South Korean health authorities have beefed up their COVID-19 response team and will implement tougher antivirus measures as the country is experiencing a new wave nationwide, officials said Tuesday. It has seen a sharp increase in the number of COVID-19 cases in recent weeks, with virus hospitalizations at [...]
SEOUL, Aug. 13 (Korea Bizwire) – As a relentless heatwave drives electricity demand to record highs, South Korea’s business community has banded together to launch an energy conservation campaign. The Korea Chamber of Commerce and Industry (KCCI) announced on August 12 that it is spearheading the initiative alongside other major business organizations, including the Federation of [...]
SEOUL, Aug. 13 (Korea Bizwire) – A recent study has revealed that one in eight middle-aged South Koreans are caught in a challenging predicament, shouldering the burden of family care while simultaneously lacking adequate preparation for their own retirement. The Korea Institute for Health and Social Affairs (KIHASA) released a report on August 11 titled “The [...]
SEOUL, Aug. 12 (Korea Bizwire) – A recent study has shed light on the growing social isolation faced by individuals living alone in Seoul, South Korea’s bustling capital. More than half of Seoul’s single-person households report having no one to turn to for help with daily tasks or during emergencies, raising concerns about the need for [...]
SEOUL, Aug. 12 (Korea Bizwire) — The tropical night phenomenon has continued in Seoul for 22 days in a row, the third longest on record, the state weather agency said Monday. Seoul has experienced yet another tropical night phenomenon overnight, marking the third longest on record since modern meteorological observation began in the city in [...]
SEOUL, Aug. 12 (Korea Bizwire) — The state arms procurement agency said Monday it has test-deployed a multi-legged robot designed for counter-terrorism operations as part of a push to introduce advanced technologies to the military. The Defense Acquisition Program Administration (DAPA) launched the project in August 2022 to develop a robot that can check for [...]
SEOUL, Aug. 12 (Korea Bizwire) – South Korea’s Fair Trade Commission (FTC) has taken action against four major K-pop merchandise retailers for unfair business practices, highlighting growing concerns over consumer rights in the booming idol goods market. The FTC announced on August 11 that it would issue corrective orders and impose fines totaling 10.5 million won [...]
SEOUL, Aug. 12 (Korea Bizwire) — Over half of foreign companies operating in South Korea expect a contentious pro-labor bill being pushed forward by opposition parties will negatively impact their businesses here, a survey showed Monday. In the survey conducted by Mono Research on 100 foreign companies with over 100 employees from July 26 to [...]
SEOUL, Aug. 12 (Korea Bizwire) – As the summer heat intensifies in South Korea, cafe owners are feeling a different kind of burn: skyrocketing electricity bills and diminishing profits due to lingering customers. Yeo, the 30-year-old owner of a small cafe in Seoul’s Dongjak district, was taken aback after receiving the shop’s latest electricity bill. The [...]
SEOUL, Aug. 12 (Korea Bizwire) — The government will bring in 300 immigrant workers annually through a pilot visa program to address workforce shortages in power transmission line construction, officials said Monday. Under the two-year trial program, the government will issue E-7 work visas to 300 foreign workers annually, who will be employed in the [...]