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 [...]
SEOUL, Jun. 12 (Korea Bizwire) — The foreign ministry on Wednesday dismissed Japan’s renewed protest over Seoul’s routine maritime survey near the East Sea islets of Dokdo, emphasizing a firm stance against “unjust claims.” On Tuesday, Japan’s foreign ministry lodged a complaint through diplomatic channels, demanding an immediate halt to the maritime survey conducted by [...]
SEOUL, Jun. 12 (Korea Bizwire) – The South Korean Ministry of Interior and Safety has dispatched its first team of addressing experts to Mongolia, which is seeking to implement a Korean model for a standardized national addressing scheme, the ministry announced on June 11. The five-member team’s visit, from June 6 to 15, comes as Mongolia [...]
SEOUL, Jun. 11 (Korea Bizwire) – South Korea faces a grim economic outlook unless it can significantly boost productivity, according to a recent report by the Bank of Korea. The nation’s economic growth is at risk due to a combination of ultra-low birth rates, rapid aging, and stagnating productivity, which together could lead to economic stagnation [...]
SEOUL, Jun. 11 (Korea Bizwire) – The Catholic University of Korea’s College of Medicine has come under scrutiny for offering paid anatomy lectures utilizing donated cadavers to non-medical professionals such as health trainers and Pilates instructors, sparking controversy. According to medical community insiders on June 10, a private company providing medical lectures to exercise instructors has [...]
SEOUL, Jun. 11 (Korea Bizwire) – The 25th Seoul Queer Parade, held on June 1, attracted a record-breaking 155,000 participants. Over its 25-year history, the Queer Parade has gradually evolved from a niche event into a grand festival for all. However, behind this growth lies a sobering reality that many are unaware of. According to a [...]
SEOUL, Jun. 11 (Korea Bizwire) — Prime Minister Han Duck-soo said Tuesday that the countries of Central Asia are “key partners” to South Korea as they boast an abundance of resources, including natural gas and critical minerals. Han made the remark during a Cabinet meeting as President Yoon Suk Yeol has been on a three-nation [...]
SEOUL, Jun. 11 (Korea Bizwire) — The chief policymaker of the main opposition Democratic Party said Tuesday no extra budget should be allowed for a project for potential offshore oil and gas reserves in the East Sea unless relevant data is submitted. The remark came amid growing controversies surrounding Act-Geo, the U.S. geoscience firm that [...]
SEOUL, Jun. 11 (Korea Bizwire) — Naver Corp., the largest online portal operator in South Korea, has decided to increase parking fees for employees and reduce overseas working days as part of a revision to its autonomous working system, industry sources said Tuesday. In a recent announcement, the company said it will increase the parking [...]
CHUNCHEON, South Korea, Jun. 11 (Korea Bizwire) — The season’s first tropical night hit the eastern coastal city of Gangneung on Monday, occurring a week earlier than last year, the weather agency said Tuesday. A tropical night refers to when the lowest temperature does not fall below 25 C between 6:01 p.m. and 9 a.m. [...]