SEOUL, Feb. 6 (Korea Bizwire) – Song, a 32-year-old bride-to-be, was taken aback by a series of unexpected additional costs for her wedding, which exceeded her initial budget by millions of won. She had initially estimated about 30 million won for the venue, “Ssudeme” (a package including studio photoshoot, dress, and makeup), and honeymoon, but the [...]
SEOUL, Feb. 6 (Korea Bizwire) — A rare and culturally significant “sarira,” the remains of a Buddhist monk from Korea’s 14th-century Goryeo Dynasty (918-1392), will return home after more than eight decades in the United States. South Korea’s Cultural Heritage Administration said Tuesday that the Museum of Fine Arts, Boston, one of the three biggest [...]
SEOUL, Feb. 6 (Korea Bizwire) — The doctors’ association vowed Tuesday to launch a nationwide strike if the government “unilaterally” pushes for raising the medial school enrollment quota. The health ministry is widely expected to announce a plan later in the day to increase the number of medical students by up to around 2,000 starting [...]
SEOUL, Feb. 6 (Korea Bizwire) — President Yoon Suk Yeol said Tuesday more than 450,000 people will be granted special pardons on the occasion of the Lunar New Year, including five businesspeople and seven politicians. Yoon did not name the beneficiaries, saying only that the list was drawn up with a focus on reviving the [...]
SEOUL, Feb. 6 (Korea Bizwire) — A professor is facing a prosecution probe on charges of defaming Korean victims of Japan’s wartime sexual slavery by calling them prostitutes during a lecture, police said Tuesday. The Seoul Dongdaemun Police Station said it referred Choi Jung-shik, a philosophy professor at Kyunghee University, to the prosecution without detention [...]
SEOUL, Feb. 6 (Korea Bizwire) — South Korea will mass-produce a 155-millimeter extended-range artillery shell this year after successfully completing its development in a yearslong project, the state arms procurement agency said Tuesday. The Defense Acquisition Program Administration (DAPA) held a meeting with ammunition maker Poongsan at the company’s research center in Daejeon, 139 kilometers [...]
SEOUL, Feb. 6 (Korea Bizwire) — The financial regulator said Tuesday it will require companies to publicly disclose details of key decisions when they push for merger deals, in an effort to better protect investors. The move was announced one day after a Seoul court cleared Samsung Electronics Co. Chairman Lee Jae-yong of any wrongdoing [...]
SEJONG, Feb. 6 (Korea Bizwire) — The health ministry is set to announce a plan to increase the number of medical students Tuesday, in a bid to address the chronic shortages of doctors in rural areas and the essential health care field, officials said. The Ministry of Health and Welfare plans to hold a health [...]
MUAN, Feb. 6 (Korea Bizwire) – In Seoul, Park Jae-jin (a pseudonym), a professional is his 50s, feels uneasy every time he talks to his mother living alone in Damyang, South Jeolla Province. His mother, despite her advanced age and health issues, including surgeries on both knees and back problems, volunteers to prepare meals for her [...]
SEOUL, Feb. 6 (Korea Bizwire) – A number of employees from LG Energy Solution have launched a protest demanding improvements to the bonus system following the company’s decision to significantly reduce this year’s bonuses due to a slowdown in demand for electric vehicles. From February 5 to 29, approximately 1,700 LG Energy Solution employees, through anonymous [...]