SEOUL, Mar. 4 (Korea Bizwire) – A recent study has uncovered that college students who frequently drink alone, known as ‘solo drinkers,’ tend to experience higher levels of depression and anxiety compared to their peers who drink socially. The research, led by Jeon Hye-Rin, a clinical psychologist in training at Yonsei University College of Medicine’s Severance [...]
SEOUL, Mar. 4 (Korea Bizwire) – As the global economy faces prolonged downturns and increasing uncertainties, several South Korean conglomerates have initiated cost-cutting measures by reducing the compensation limits for their board members. According to filings with the Financial Supervisory Service’s Electronic Disclosure System, Samsung Electronics is set to propose a reduction in the total compensation [...]
SEOUL, Mar. 4 (Korea Bizwire) – As predictions of declining real estate values gain momentum, the scale of reverse mortgage guarantees in South Korea is set to hit an all-time high this year, signaling an increased adoption among homeowners. Reverse mortgages, available to individuals over 55, allow homeowners to secure a loan against their property to [...]
SEOUL, Mar. 4 (Korea Bizwire) — More than 100 civilian patients have visited military hospital emergency rooms since trainee doctors at general hospitals began a mass walkout last month in protest of the government’s medical school admissions plan, the defense ministry said Monday. Military hospitals fully opened their emergency wards to civilians on Feb. 20 [...]
SEOUL, Mar. 4 (Korea Bizwire) — Health Minister Cho Kyoo-hong said Monday there is no change in the government’s principle against “illegal” labor action by trainee doctors, warning that the government would begin legal steps to punish those who defy an order to return to work. Thousands of trainee doctors remained off their jobs at [...]
SEJONG, Mar. 4 (Korea Bizwire) – For working mom Park Soo-jin, 40, from Seoul, each day with her two-year-old is filled with joy. She occasionally entertains the thought of having a sibling for her child but has no immediate plans for a second child, largely due to the daunting prospect of a career gap from maternity leave [...]
DANGJIN, Mar. 4 (Korea Bizwire) – Large agricultural waterways are turning into lethal traps for wildlife such as water deer and raccoons, despite laws enacted last year mandating the creation of escape routes. In a recent field report from Dangjin, South Chungcheong Province, the harrowing sight of a water deer trapped in a concrete canal over [...]
SEOUL, March 3 (Korea Bizwire) – South Korea’s first military spy satellite has successfully transmitted “good-resolution” images of central Pyongyang back home following the satellite’s launch in December, military sources said Sunday. The first indigenous South Korean military spy satellite was placed into orbit from Vandenberg Space Force Base in California on Dec. 2, allowing [...]
SEOUL, March 3 (Korea Bizwire) – The presidential office vowed Sunday to respond with “zero tolerance” after allegations emerged online that some doctors were trying to forcibly mobilize drug salesmen for their rally protesting the government’s medical school quota hike plan. The announcement came as some 20,000 doctors from across the nation were expected to [...]
SEOUL, March 3 (Korea Bizwire) – The average annual working hours for South Koreans fell by nearly 200 hours over the past decade but still remain about 150 hours longer than the average of the Organization for Economic Cooperation and Development (OECD), data showed Sunday. According to statistics from the Ministry of Employment and Labor, [...]