SEOUL, Feb. 28 (Korea Bizwire) – Employees of foreign companies in South Korea who receive shares from their overseas headquarters as performance rewards will now be able to sell them directly without needing to transfer them to a domestic brokerage firm first. The Financial Services Commission announced on February 27 that a revision to the “Enforcement [...]
SEOUL, Feb. 28 (Korea Bizwire) – Hyundai Motor has announced the launch of its ‘Colorful Life’ campaign, a four-day initiative aimed at raising awareness about biodiversity conservation. The campaign, which is being conducted in partnership with the Korea Green Foundation, will take place from February 26 to 29. Designed to deepen the understanding of biodiversity among [...]
SEOUL, Feb. 27 (Korea Bizwire) — A hotline will open next month, allowing teachers to report cases of infringement upon their teaching rights, the education ministry said Tuesday. The plan was announced after the apparent suicide of a young public school teacher distressed by malicious parental complaints last year led to a series of mass [...]
SEOUL, Feb. 27 (Korea Bizwire) — The Seoul city government on Tuesday announced a new future vision for its southwestern region, which is considered relatively underdeveloped and depressed compared to other regions of the capital. The vision calls for transforming the region’s manufacturing-centered space into a future high-tech and convergence industrial cluster and adding leisure, [...]
SEOUL, Feb. 27 (Korea Bizwire) — Health Minister Cho Kyoo-hong said Tuesday that trainee doctors would face legal punishment, including suspension of their licenses, unless they go back to work by the Thursday deadline, stepping up warnings against thousands of junior doctors who left hospitals to protest against a plan to boost medical students. About [...]
SEOUL, Feb. 26 (Korea Bizwire) – Cases of patient damage are piling up, with an elderly woman dying of cardiac arrest without treatment, as trainee doctors have been away from work for the seventh day Monday in protest of the government’s medical school quota hike plan. Concerns about a healthcare service crisis are growing as more than 9,000 intern and resident doctors have walked off [...]
SEOUL, Feb. 26 (Korea Bizwire) — President Yoon Suk Yeol said Monday the government will release a large area of military-protected land to the public to enable the construction of essential facilities and promote regional economic development. Yoon unveiled the plan during a government-public debate on livelihood issues, which was the 15th in a series and held on a military airfield in Seosan, 98 kilometers southwest of Seoul. Under the plan, Yoon said [...]
SEOUL, Feb. 26 (Korea Bizwire) – In an era where technological advancements are rapidly reshaping industries, companies are intensifying their efforts to secure top talent, particularly in artificial intelligence and other cutting-edge fields. The recruitment of experienced professionals has become more dynamic, with firms expanding their hiring scope and, in some cases, forgoing traditional recruitment cycles [...]
SEOUL, Feb. 26 (Korea Bizwire) – The search for solutions to South Korea’s critically low birthrate is increasingly highlighting the pivotal role of fiscal authorities. While the Presidential Committee on Ageing Society and Population Policy serves as the interdepartmental control tower and the Ministry of Health and Welfare is the primary agency, the essence of many [...]
SEOUL, Feb. 26 (Korea Bizwire) — The government said Monday it will not hold trainee doctors accountable if they return to work by Thursday as intern and resident doctors stayed off the job for the seventh day in protest of the medical school quota hike plan. Interior Minister Lee Sang-min made the remarks during a [...]