SEOUL, Jul. 10 (Korea Bizwire) – The National Fire Agency of South Korea announced on July 9 that it would launch its first specialized program to train officiants for memorial services or commemoration ceremonies for firefighters nationwide. Officiants, known as “jipryegwan” in Korean, are responsible for overseeing memorial services and commemorative events. This initiative aims to [...]
SEOUL, July 9 (Korea Bizwire) — Hanwha Systems Co., a South Korean defense solutions company, said Tuesday that it has clinched a 1.2 trillion-won (US$866.8 million) deal to supply multi-function radar (MFR) for the Cheongung-II medium-range surface-to-air missile (M-SAM) system, which will be exported to Saudi Arabia. This deal is part of a larger [...]
GWANGJU, July 9 (Korea Bizwire) – A South Korean court ordered Nippon Coke & Engineering on Tuesday to compensate Korean victims for their forced labor at Japanese mines during World War II. The Gwangju District Court ordered the Japanese firm to pay compensation ranging from 13 million won (US$9,400) to 100 million won to each [...]
SEOUL, Jul. 9 (Korea Bizwire) – In a bold move to bolster its artificial intelligence industry, the South Korean government has announced plans to release a wide range of personal data to businesses, researchers, and the public this year. The data, which will undergo pseudonymization, includes sensitive information such as college entrance exam scores, medical records, [...]
SEOUL, Jul. 9 (Korea Bizwire) – South Korea has decided to contribute US$7 million to a global fund for responding to loss and damage caused by climate change as part of efforts to help underdeveloped nations better counter climate challenges, the finance ministry said Tuesday. Deputy Finance Minister Choi Ji-young made the announcement during a [...]
SEOUL, Jul. 9 (Korea Bizwire) — The government has notified hospitals that it will reduce next year’s quota of trainee doctors unless they accept their resignations by next week, according to officials and the medical community Tuesday. The move is seen as a measure to put pressure on trainee doctors, who have left their worksites [...]
SEOUL, Jul. 9 (Korea Bizwire) – In an unprecedented move, Samsung Electronics’ largest labor union, the National Samsung Electronics Union (NSEU), launched a three-day general strike on July 8, marking the first time in the company’s history that employees have engaged in a “no work, no pay” strike. With over 6,500 union members participating, concerns are [...]
SEOUL, Jul. 8 (Korea Bizwire) — An institute affiliated with the unification ministry published new unification education guidebooks Monday that highlight the Yoon Suk Yeol government’s liberal democracy-based unification vision and North Korea’s increased threats against South Korea. The National Institute for Unification Education released two books used as the basic guidelines for unification education. [...]
SEOUL, Jul. 8 (Korea Bizwire) — The government is likely to halt the suspension of licenses and other administrative steps against striking trainee doctors in an effort to seek a breakthrough in monthslong medical service disruptions, officials said Monday. Health Minister Cho Kyoo-hong is scheduled to hold a press briefing later in the day after [...]
SEOUL, Jul. 8 (Korea Bizwire) — Unionized workers of Samsung Electronics Co. are set to launch a three-day strike Monday, but the planned labor action is unlikely to disrupt production at the technology giant due to low participation. The National Samsung Electronics Union (NSEU), the biggest labor union with 29,000 members, will kick off the [...]