SEOUL, Mar. 15 (Korea Bizwire) — A power outage disrupted subway operations on a Line 3 section in Goyang, northwest of Seoul, on Friday morning, causing massive congestion for commuters during the morning rush hour. Korea Railroad Corp. (KORAIL) said the power outage happened at 4:30 a.m. between Wondang Station and Wonheung Station, leaving trains [...]
SEOUL, Mar. 15 (Korea Bizwire) — The government and the ruling People Power Party (PPP) have agreed to inject an additional 150 billion won (US$113 million) this week to stabilize the price hike of agricultural and livestock products, the party leader said Friday. According to government data, prices of agricultural, livestock and fishery products rose [...]
SEOUL, Mar. 15 (Korea Bizwire) — Health Minister Cho Kyoo-hong on Friday made a last-minute appeal for medical professors not to resign en masse in support of a prolonged walkout by junior doctors, as their threat to resign is expected to further disrupt services at major hospitals. More than 90 percent of the country’s 13,000 [...]
SEOUL, Mar. 15 (Korea Bizwire) – A recent study has revealed that 7 out of 10 young adults aged 25 to 39, residing with their parents in apartments, have no immediate plans to live independently until marriage. The study, titled ‘Trend Report: The Kangaroo Tribe,’ was released on March 14 by Focus Media Korea, the operator [...]
SEOUL, Mar. 15 (Korea Bizwire) – Seoul’s subway system is set to become more tourist-friendly with the expansion of an Artificial Intelligence (AI) interpretation system in 11 stations, facilitating real-time conversations between foreign visitors and station staff in their native languages. Seoul Metro announced on March 14 that the ‘Simultaneous Foreign Language Conversation System’ will be [...]
SEOUL, Mar. 14 (Korea Bizwire) – A recent study forecasts that artificial intelligence (AI) could potentially replace up to 13% of jobs in South Korea, totaling approximately 3.27 million positions, with a significant portion of these at risk within professional fields. The Korea Institute for Industrial Economics & Trade released a report on March 13 outlining [...]
SEOUL, Mar. 14 (Korea Bizwire) — The government will allocate 1.3 trillion won (US$988.4 million) over a five-year period to support the medical treatment of young children with serious illnesses and reduce hospital admission costs for babies under age two, the interior minister said Thursday. “The government will ensure that young children will not face [...]
TONGYEONG, Mar. 14 (Korea Bizwire) — A fishing boat carrying 11 people sank off the country’s south coast Thursday, leaving three dead and another missing, the Coast Guard said. Four South Korean and seven foreign crew members were aboard the 139-ton trawler when it sank in waters 4.6 nautical miles south of Yokji Island off [...]
SEOUL, Mar. 14 (Korea Bizwire) — A leader of the Korean Medical Association (KMA), the biggest doctors’ group, appeared before police Thursday for his second round of questioning over suspicions of instigating a mass walkout by trainee doctors. Park Myung-ha, chief of the KMA emergency committee’s organizational affairs, arrived at the Seoul Metropolitan Police Agency’s [...]
SEOUL, Mar. 14 (Korea Bizwire) — The sister-in-law of football player Hwang Ui-jo was given a three-year prison term Thursday on charges of exposing the footballer’s private life and blackmail. The woman was indicted for uploading explicit pictures and videos showing Hwang with women on Instagram while presenting herself as a former lover of Hwang. [...]