SEJONG, Jul. 22 (Korea Bizwire) – In a troubling trend for South Korea’s labor market, the number of college graduates neither employed nor seeking work has surpassed 4 million in the first half of 2024, reaching an all-time high despite government efforts to boost economic participation. According to data from Statistics Korea’s national statistics portal, an [...]
GWANGJU, Jul. 22 (Korea Bizwire) – As extreme weather events become more frequent, the demand for Russian-language emergency text alerts, powered by artificial intelligence (AI), is skyrocketing among the Korean-Russian community in Gwangju. The Gwangju Goryeoin Village, a settlement of ethnic Koreans from Russia and former Soviet states, reported on July 21 that its Russian-language emergency [...]
SEOUL, Jul. 22 (Korea Bizwire) – As new technologies emerge that can predict menstrual cycles and detect sleep apnea by collecting biometric data during sleep, including heart rate, blood sugar levels, and stress indicators, the South Korean government has initiated efforts to draft legislation to address these developments. The Personal Information Protection Commission (PIPC) aims to [...]
SEOUL, July 20(Korea Bizwire) – Former President Donald Trump showcased his personal rapport with North Korean leader Kim Jong-un during his acceptance speech for the GOP nomination for the November 5 presidential election. Speaking on the final day of the Republican National Convention in Milwaukee, Trump suggested that Kim might prefer his return to office and [...]
SEOUL, July 19 (Korea Bizwire) – Chinese, Japanese and Western restaurants will be allowed to employ immigrant workers as kitchen assistants, officials said Friday, a move that could help address workforce shortages in the restaurant industry. Under the updated work permit policy, restaurants servicing Chinese, Japanese, Western or other foreign cuisine will be permitted to [...]
SEOUL, July 19 (Korea Bizwire) – The sports ministry said Friday it has launched an investigation into the national football governing body over possible irregularities during its recent hiring of the new men’s national team head coach. An official with the ministry said the audit on the Korea Football Association (KFA) essentially began Thursday when [...]
SEOUL, July 19 (Korea Bizwire) – Some low-cost airlines and game companies in South Korea saw problems with booking or experienced interruptions in their servers Friday, industry sources said, in an apparent IT disruption that affected the global airline and financial sectors. The cyber outage affected the airport ticketing of Jeju Air Co., Eastar Jet [...]
SEOUL, Jul. 19 (Korea Bizwire) – A recent survey has found that nearly 90% of South Koreans have experienced working while ill, highlighting a pervasive issue in the country’s work culture and prompting calls for legislative action. The survey, conducted by a coalition of 49 civil society organizations and labor unions known as the Preparatory Committee [...]
SEOUL, Jul. 19 (Korea Bizwire) — The Air Force has deployed a new homegrown radar guidance system to replace existing foreign equipment that was introduced more than 30 years ago, the state arms procurement agency said Friday. The Defense Acquisition Program Administration (DAPA) said precision approach radars have been deployed at Air Force fighter wings [...]
SEOUL, Jul. 19 (Korea Bizwire) — Science minister nominee Yoo Sang-im on Friday vowed to make every effort to revamp South Korea’s research and development system to help the country take a global lead in advanced technologies. “We need to focus on restoring and securing technological sovereignty at a time when global powers are competing [...]