SEOUL, June 12 (Korea Bizwire) – A Russian man, who entered South Korea two years ago after refusing to be drafted to fight against Ukraine, has been granted refugee status by a local court for the first time, judicial officials said Wednesday. The Seoul Administrative Court made the ruling on May 22 in the lawsuit [...]
SEOUL, June 12 (Korea Bizwire) – Doctors at major hospitals in Seoul and its neighboring areas have decided to stage indefinite walkouts, while medical professors resolved Wednesday to join community doctors in a one-day strike next week, demanding the scrapping of a medical school quota hike. In a meeting late Wednesday, professors from the country’s [...]
SEOUL, Jun. 12 (Korea Bizwire) – Despite spending 47 trillion won last year to tackle the country’s chronically low birth rate, about half of that budget was allocated to programs unrelated to the core issue, experts warned, calling for a restructuring of government spending to better address the demographic crisis. At a seminar on June 11 [...]
SEOUL, Jun. 12 (Korea Bizwire) – While “no kids zones” barring children’s entry are a familiar concept, a fitness center in Incheon has ignited debate after declaring itself a “no ajummas allowed” establishment, using a term that can be derogatory toward middle-aged Korean women. The controversy began when a post circulated on an online community for [...]
JEJU, Jun. 12 (Korea Bizwire) – A troubling phenomenon known as sea desertification, where ocean floors become devoid of marine life, is intensifying in waters surrounding South Korea’s Jeju Island, according to a recent survey. The 2023 Village Fishery Resource and Ecological Environment Report by the Jeju Marine and Fisheries Research Institute revealed severe sea desertification [...]
SEOUL, Jun. 12 (Korea Bizwire) — Professors at 40 medical schools were set to hold a meeting Wednesday to decide whether or not to join a planned strike by community doctors, an official at a group of the professors has said. Community doctors voted to take a day off next Tuesday in support of a [...]
SEOUL, Jun. 12 (Korea Bizwire) — South Korea reported the slowest on-year job growth in more than three years in May and the unemployment rate among young people reported a marked growth, data showed Wednesday. The number of employed people came to 28.92 million last month, up 80,000 from a year earlier, according to the [...]
SEOUL, Jun. 12 (Korea Bizwire) — South Korea’s chief central banker on Wednesday emphasized the importance of a timely shift toward a monetary easing policy as inflation in Asia’s fourth-largest economy still runs high. In a speech to celebrate the 74th anniversary of the central bank’s establishment, Bank of Korea Gov. Rhee Chang-yong said inflation [...]
SEOUL, Jun. 12 (Korea Bizwire) – A 4.8 magnitude earthquake struck near the southwestern county of Buan on Wednesday, the strongest temblor to hit the Korean Peninsula and its surrounding waters so far this year, the weather agency said. The quake struck 4 kilometers south-southwest of the North Jeolla county, 204 km south of Seoul, [...]
SEOUL, Jun. 12 (Korea Bizwire) — South Korea’s trade ministry said Wednesday that it has discussed the progress of the bilateral free trade agreement (FTA) with the European Union and asked the economic bloc to address growing regulatory uncertainties for exporters. The meeting of the Committee on Trade in Goods held in Brussels comes in [...]