SEOUL, Jan. 20 (Korea Bizwire) — With companies in Europe, the United States, and Japan increasingly adopting a four-day workweek, South Korean companies are following suit, with POSCO leading the way as the first in the steel industry to implement a biweekly four-day workweek. This move reflects a growing trend among businesses to shorten working [...]
SEOUL, Jan. 19 (Korea Bizwire) — The South Korean Ministry of Agriculture, Food and Rural Affairs announced on January 18 that it has expanded its ’1000 Won Breakfast’ program to cover 4.5 million people this year. The program, aimed at university students, offers breakfast meals for just 1,000 won in an effort to reduce the rate of [...]
SEOUL, Jan. 19 (Korea Bizwire) — A recent study by global technology firm Dyson, analyzing data from approximately 2.5 million of its air purifiers installed across 39 countries and 44 cities, has revealed that January experiences the most severe indoor fine particulate matter (PM2.5) pollution in South Korea. The findings, part of Dyson’s “Global Air Quality Connected [...]
SEOUL, Jan. 19 (Korea Bizwire) — The accumulated number of registered vehicles in South Korea rose 1.7 percent in 2023 from a year earlier on strong demand for environmentally friendly models, government data showed Friday. Car registrations came to 25.95 million units as of end-December, up from 25.5 million units a year ago, helped by [...]
SEOUL, Jan. 19 (Korea Bizwire) — South Korea ranked fifth in the world in terms of military strength, while North Korea’s standing was at 36th, an annual military power index showed Friday. South Korea had a firepower score of 0.1416 to stand at fifth out of 145 countries, according to Global Firepower 2024. Its standing [...]
SEOUL, Jan. 19 (Korea Bizwire) — Starting from January 19, South Korea will enforce stricter penalties for unfair trading practices in the capital markets, including stock price manipulation. The Financial Services Commission and the Financial Supervisory Service announced that the amendment to the Financial Investment Services and Capital Markets Act (Capital Markets Act), which reinforces punishment for [...]
SEOUL, Jan. 19 (Korea Bizwire) — The Seoul Metropolitan Council has established legal grounds to safeguard the rights of young cultural artists, such as ‘idol trainees,’ who are often in a vulnerable position due to their young age and unstable status. On January 10, the Seoul City Council announced that the ‘Ordinance on the Protection and Support [...]
SEOUL, Jan. 19 (Korea Bizwire) — The Ministry of Oceans and Fisheries (MOF) in South Korea has announced plans to invest 2.4 billion won, an increase of 1 billion won from last year, into its Overseas Fisheries Resource Survey project for 2023. This initiative aims to pioneer new fishing grounds, particularly focusing on East Africa, including the [...]
SEOUL, Jan. 19 (Korea Bizwire) — Nowon District in Seoul, under the leadership of Mayor Oh Seung-rok, has announced the opening of a ‘Holiday Dog Care Center’ during the Lunar New Year holiday from February 9 to 11. The center, located on the second floor of the district office building, aims to reduce the burden on pet [...]
JEJU, Jan. 18 (Korea Bizwire) — A young Indo-Pacific humpback dolphin, entangled in a discarded fishing net and living in peril, has sparked significant attention and concern for its rescue. The dolphin, less than a year old, was first observed in early November last year off the coast of Daejeong-eup in the city of Seogwipo on Jeju [...]