ROME, Apr. 24 (Korea Bizwire) — Montenegrin lawyers of disgraced South Korean crypto entrepreneur Do Kwon are struggling to have him extradited to his home country, not the United States, according to local news reports. Kwon’s legal representatives in Montenegro appealed against the Podgorica High Court’s recent ruling that found the conditions for his extradition [...]
SEOUL, Apr. 24 (Korea Bizwire) — The Seoul city government plans to develop floating office and hotel buildings and create water sports facilities on the Han River by 2030, officials said Wednesday, in the city’s latest project to increase the potential of the river running across the city. Mayor Oh Se-hoon announced the plan in [...]
UIJONGBU, Apr. 24 (Korea Bizwire) – The Gyeonggi provincial government has announced a new initiative to support pet owners who adopt rescue animals by subsidizing pet insurance premiums. The program, called the “Adopted Animal Assurance Insurance Support Project,” aims to reduce the financial burden of caring for adopted animals and promote a culture of pet adoption. [...]
SEOUL, April 23 (Korea Bizwire) – The Constitutional Court held its first public hearing Tuesday on petitions filed by an adolescents’ group and others against what they called the government’s insufficient response to climate change. The widely watched hearing came four years after the adolescents’ civic group, Youth 4 Climate Action, first lodged a constitutional [...]
SEOUL, Apr. 23 (Korea Bizwire) – The proportion of young South Koreans working at small and medium-sized businesses has plummeted, statistics show, as a gaping wage divide drives talented graduates to seek jobs at the country’s major conglomerates. Government figures illustrate the stark disparities separating the working conditions at South Korea’s small enterprises from those at [...]
SEOUL, Apr. 23 (Korea Bizwire) – A professor at Seoul National University’s College of Music who holds Israeli citizenship was recently referred to prosecutors on charges of damaging posters supporting Palestinian rights on the university’s Gwanak campus in February, according to the police. On April 22, the Gwanak Police Station in Seoul said it had referred [...]
SEOUL, Apr. 23 (Korea Bizwire) — Finance Minister Choi Sang-mok met with experts of economic and international affairs Tuesday and discussed responses to growing uncertainties in the Middle East, the finance ministry said. During a meeting of the international economic advisory panel in Seoul, experts called on the government to “check developments and assess potential [...]
SEOUL, Apr. 23 (Korea Bizwire) — Medical school professors at Seoul National University (SNU) are reviewing taking a day off every week as they have been thinly stretched amid the prolonged walkout by trainee doctors, officials said Tuesday. The emergency committee of the SNU medical professors’ council will hold a general meeting later in the [...]
SEOUL, Apr. 23 (Korea Bizwire) — South Korean defense firm Hanwha Aerospace Co. is expected to export an additional batch of Chunmoo multiple launch rocket systems (MLRS) to Poland, a deal estimated at around 2.2 trillion won (US$1.6 billion), multiple sources said Tuesday. A Polish delegation, led by Deputy Defense Minister Pawel Bejda, plans to [...]
SEOUL, Apr. 23 (Korea Bizwire) — A team of South Korean experts will visit Indonesia this week to provide training for conservators in the cultural heritage sector in the Southeast Asian country. The on-site technical training will take place at the conservation office situated in Borobudur, the largest Buddhist temple in the world, located in [...]