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Consumer Sentiment up for 3rd Month in February amid Moderating Inflation, Export Recovery

Consumer Sentiment up for 3rd Month in February amid Moderating Inflation, Export Recovery

SEOUL, Feb. 20 (Korea Bizwire) — South Korea’s consumer sentiment rose for a third consecutive month in February amid moderating inflation, a recovery in exports and hopes for an end to the Federal Reserve’s rate hikes, a central bank poll showed Tuesday. The composite consumer sentiment index stood at 101.9 in February, up from 101.6 [...]

Political Parties in Full-fledged Election Mode as April 10 Voting Nears

Political Parties in Full-fledged Election Mode as April 10 Voting Nears

SEOUL, Feb. 20 (Korea Bizwire) — With just 50 days before the April 10 parliamentary elections, political parties have shifted into full-fledged election mode by nominating candidates for key constituencies, as observers anticipate a tightly contested race with variables in play. The quadrennial election is set to select a new 300-member National Assembly, with this [...]

S. Korea, Georgia to Hold Inaugural Talks for Economic Agreement

S. Korea, Georgia to Hold Inaugural Talks for Economic Agreement

SEOUL, Feb. 20 (Korea Bizwire) — South Korea and Georgia were to hold inaugural negotiations for a comprehensive economic partnership on trade and supply chains, Seoul’s trade ministry said Tuesday. The two nations will hold the first round of talks for the Economic Partnership Agreement (EPA) in Tbilisi for three days starting Tuesday (local time), [...]

6,415 Trainee Doctors Submit Resignations; Gov’t Orders 757 Doctors to Return to Work

6,415 Trainee Doctors Submit Resignations; Gov’t Orders 757 Doctors to Return to Work

SEOUL, Feb. 20 (Korea Bizwire) — A total of 6,415 trainee doctors at 100 hospitals have submitted their resignations in protest of the government’s plan to boost the number of medical students, the health ministry said Tuesday. Second Vice Health Minister Park Min-soo told reporters that the ministry ordered 757 trainee doctors to return to [...]

Gangnam District Launches “Goodbye Nicotine Project” to Support Residents’ New Year’s Resolutions

Gangnam District Launches “Goodbye Nicotine Project” to Support Residents’ New Year’s Resolutions

SEOUL, Feb. 20 (Korea Bizwire) – Gangnam District in Seoul, under the leadership of District Mayor Cho Sung-myung, has announced the initiation of the “Goodbye Nicotine Project,” aimed at assisting residents who have resolved to quit smoking in the new year. The project is particularly noteworthy given the district’s status as the area with the highest [...]

Survey Reveals 60% of Unmarried Koreans in Their 20s and 30s Have Never Dated

Survey Reveals 60% of Unmarried Koreans in Their 20s and 30s Have Never Dated

SEOUL, Feb. 19 (Korea Bizwire) – A recent survey conducted by data consulting firm PMI has found that six out of 10 unmarried Korean individuals in their 20s and 30s have no experience in dating, identifying them as lifelong singles. The survey polled 1,174 unmarried men and women aged between 20 and 59 across the country [...]

Older Doctors Show Support for Increasing Medical School Admissions Quotas

Older Doctors Show Support for Increasing Medical School Admissions Quotas

SEOUL, Feb. 19 (Korea Bizwire) – A recent survey has revealed that older doctors are more likely to support the expansion of medical school admissions quotas, in contrast to their younger counterparts who often oppose the increase due to concerns about job security and competition. The analysis suggests that senior doctors, being in a more stable [...]