SEOUL, Mar. 21 (Korea Bizwire) – The number of outside directors working for South Korea’s 50 largest corporate groups surpassed 1,000 last year, with nearly 90 individuals serving on the boards of two separate companies, according to a report released on Monday. The Korea CXO Institute, a corporate analysis firm, found that among the top 50 [...]
CHANGWON, Mar. 21 (Korea Bizwire) – As South Korea’s aging population continues to rise, the South Gyeongsang provincial government has announced a new elderly welfare brand aimed at addressing the four major challenges faced by the elderly – poverty, illness, loneliness, and loss of purpose. The initiative, unveiled on March 20, seeks to support a fulfilling [...]
SEOUL, Mar. 21 (Korea Bizwire) – The main opposition Democratic Party of South Korea unveiled an ambitious plan on March 20 to increase the country’s reliance on renewable energy sources to 40% by 2035, a significant stride toward achieving the “100% Renewable Energy” (RE100) goal. The party’s policy committee announced the “Renewable Energy 3540″ electoral pledge, [...]
SEOUL, Mar. 20 (Korea Bizwire) – South Koreans feel happier and perceive their social status as higher when their household incomes are larger, according to an annual government survey released on March 19 that highlighted the nation’s emphasis on economic growth over wealth distribution. The 2023 Social Integration Survey conducted by the Korea Institute of Public [...]
SEOUL, Mar. 20 (Korea Bizwire) – In a bid to help teenagers with drug addiction recover their daily lives and foster self-reliance, the South Korean government plans to pilot the country’s first residential treatment camps in the latter half of this year. According to the Ministry of Gender Equality and Family, the state-run Korea Youth Counseling [...]
SEOUL, Mar. 20 (Korea Bizwire) – As South Korean universities prepare to broaden “undecided major” admission tracks for the 2025 academic year, a new survey found over 60% of current high school seniors view the policy expansion favorably. The poll released on March 19 by Jongro Academy showed 64.5% of 1,104 students surveyed agreed with increasing [...]
SEOUL, Mar. 20 (Korea Bizwire) — The number of marriages between South Koreans and foreign spouses rose more than 18 percent in 2023, as those between Vietnamese grooms and naturalized South Korean brides gained sharply, data showed Wednesday. The number of multicultural marriages increased 18.3 percent on-year to reach 20,000 last year, according to the [...]
SEOUL, Mar. 20 (Korea Bizwire) — The government was set to announce Wednesday the allocation of an additional 2,000 medical school admission seats even as the biggest doctors’ group threatens to launch a general strike to protest the quota hike. Education Minister Lee Ju-ho is expected to make the announcement in the afternoon following a [...]
SEOUL, Mar. 20 (Korea Bizwire) – The government will launch a new initiative aimed at enriching the cultural experiences of young people across the country. The Ministry of Culture, Sports and Tourism said Wednesday it will issue the “youth cultural-arts pass,” a program designed to empower all residents aged 19 with greater access to the [...]
SEOUL, Mar. 20 (Korea Bizwire) — Police are tracking down the sender of an email threatening a bomb terror attack at Seoul’s Gocheok Sky Dome, where a U.S. Major League Baseball (MLB) opening game is scheduled to take place Wednesday. Police said they received a report from an employee at South Korea’s Consulate General in [...]