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South Korea Urges ‘Reasonable’ U.S. Regulations on Electric Vehicle Materials Supply

South Korea Urges ‘Reasonable’ U.S. Regulations on Electric Vehicle Materials Supply

SEOUL, Jan. 31 (Korea Bizwire) – South Korea called for the United States on Wednesday to come up with “reasonable” regulations on limiting the sourcing of critical minerals and components from countries like China to qualify for U.S. incentives for electric vehicles (EVs), the foreign ministry said. Second Vice Foreign Minister Kang In-sun delivered the [...]

Japanese Authorities Remove Memorial for Korean Workers, Sparking Media Outcry

Japanese Authorities Remove Memorial for Korean Workers, Sparking Media Outcry

TAKASAKI, Jan. 31 (Korea Bizwire) – In the heart of Japan’s Honshu island, Gunma Prefecture has initiated the controversial removal of a memorial in the city of Takasaki’s Gunma Prefectural Forest Park, dedicated to Korean laborers from the Japanese colonial period. This action has sparked a backlash, with some Japanese media outlets calling for an immediate [...]

Firefighter’s Vigilance Leads to Recall of Thousands of Vehicles Due to Faulty Wiring

Firefighter’s Vigilance Leads to Recall of Thousands of Vehicles Due to Faulty Wiring

YONGIN, Jan. 31 (Korea Bizwire) – A keen observation by a firefighter specializing in fire investigation has led to the discovery of a vehicle defect causing repeated fires in a specific part of Renault SM3 cars. Yang Won-seok, a fire marshal at the Yongin Fire Station under the Gyeonggi Province Fire and Disaster Headquarters, first noticed [...]

Concerns Arise Over New School Violence Investigator System

Concerns Arise Over New School Violence Investigator System

JEONJU, Jan. 31 (Korea Bizwire) – With the new school year approaching, the Ministry of Education’s plan to introduce a dedicated investigator system for school violence across the nation starting in March is drawing criticism.  Critics argue that the investigators, who will be deployed at schools, may lack the emotional connection with students and the expertise [...]

S. Korea Reviewing Damages Suit over N. Korea’s Illegal Operation of Kaesong Complex

S. Korea Reviewing Damages Suit over N. Korea’s Illegal Operation of Kaesong Complex

SEOUL, Jan. 31 (Korea Bizwire) — South Korea’s unification ministry said Wednesday it is closely reviewing legal aspects needed to sue North Korea over its illegal operation of the now-shuttered joint industrial complex in the North’s border city of Kaesong. The Donga Ilbo, a local newspaper, reported Wednesday that the government plans to lodge a [...]

South Korea’s Advanced Industries Face Talent Crisis Amid Surge in Medical School Enrollment

South Korea’s Advanced Industries Face Talent Crisis Amid Surge in Medical School Enrollment

SEOUL, Jan. 31 (Korea Bizwire) – In South Korea, a significant talent drought in cutting-edge industries has been exacerbated by an increasing number of students flocking to medical schools. Semiconductor industry analysts, in particular, have voiced concern that the shortage of skilled workers is reaching a critical level, endangering the very existence of some companies. The [...]

Over Half of Startups Fear Negative Impact from Proposed Platform Competition Law

Over Half of Startups Fear Negative Impact from Proposed Platform Competition Law

SEOUL, Jan. 31 (Korea Bizwire) – A recent survey has revealed that more than half of South Korean startups are concerned that the Platform Competition Promotion Act (PCPA), pushed forward by the Fair Trade Commission, could adversely affect the startup ecosystem.  Startup Alliance, a non-profit organization, surveyed 106 founders and co-founders of domestic startups from January [...]

Majority of Solo Dwellers at Risk of Dying Alone, Study Finds

Majority of Solo Dwellers at Risk of Dying Alone, Study Finds

SEOUL, Jan. 30 (Korea Bizwire) – A recent analysis has revealed that 80% of individuals living alone are at risk of ‘lonely death’, with one in four to five solo dwellers being classified as in the ‘medium to high-risk’ group. This finding comes from a survey conducted by the Korea Institute for Health and Social Affairs [...]