SEOUL, Jun. 10 (Korea Bizwire) — North Korea has sent around 310 trash-carrying balloons across the border overnight, South Korea’s military said Monday, amid escalating tensions over the North’s repeated balloon campaign to which South Korea has responded with the resumption of loudspeaker propaganda broadcasts after six years. The latest batch of waste-loaded balloons sent [...]
SEOUL, June 8 (Yonhap) – A North Korean defectors’ group said Saturday that it has sent additional propaganda leaflets critical of the North Korean regime across the border, heightening concerns that Pyongyang may resume sending balloons filled with trash in retaliation. Ten large balloons, carrying approximately 200,000 leaflets criticizing North Korea’s leader Kim Jong-un, were [...]
SEOUL, Jun. 8 (Korea Bizwire) – Kim Jong-un, the North Korean leader, has notably increased his public activities related to the military over the past three months, according to a new analysis by the Korea Institute for National Unification, a think tank in Seoul. In a report titled “Analysis of the North Korean Leadership’s Public Activities [...]
SEOUL, Jun. 7 (Korea Bizwire) – On the 31st anniversary of Samsung’s famous “New Management” declaration by its late chairman, Lee Kun-hee, a sense of crisis is gripping the tech giant as it grapples with declining profits and an unprecedented labor dispute. Since Lee’s groundbreaking speech in Frankfurt in 1993, where he warned that Samsung risked [...]
SEOUL, Jun. 7 (Korea Bizwire) – Facing intensifying headwinds in the global steel industry, POSCO, South Korea’s largest steelmaker, has reinstated a five-day workweek for its executives, just four months after pioneering a four-day schedule in an attempt to improve work-life balance. According to industry sources, POSCO notified employees last month that senior managers would return [...]
HANOI, Jun. 7 (Korea Bizwire) – As soaring prices and the weakening South Korean won make living costs increasingly untenable, Vietnamese workers in the country are tightening their belts, cutting back on grocery and remittance expenses to make ends meet, according to Vietnamese media reports. Nguyen Phuc Thien, 28, who has worked at a container flooring [...]
SEOUL, Jun. 7 (Korea Bizwire) — Doctors at four major hospitals affiliated with Seoul National University (SNU) are set to stage a walkout from June 17, according to hospital officials on Friday, in a move that would complicate efforts by the government to resolve a protracted walkout by trainee doctors. Medical professors at the four [...]
SEOUL, Jun. 7 (Korea Bizwire) — Unionized workers of Samsung Electronics Co. were set to launch a one-day walkout over wages on Friday, a union official said, in what would be the first walkout at the technology giant. About 28,000 members of the National Samsung Electronics Union (NSEU) were set to collectively take the day [...]
SEOUL, Jun. 7 (Korea Bizwire) – In an ongoing copyright battle over the “Legend of Mir” intellectual property jointly owned by game developers Actoz Soft and WeMade, South Korea’s Supreme Court has ruled that the case should be re-examined based on Chinese law, not domestic regulations. On June 6, it was reported that the Supreme Court’s [...]
SEOUL, Jun. 7 (Korea Bizwire) – South Korea’s prosecutor general has issued a directive calling for stern measures against organized criminal groups, citing growing public concerns over not just traditional gang violence but also newer forms of racketeering like illegal online gambling and private lending rackets. According to sources from legal circles, Prosecutor General Lee Won-seok [...]