SEOUL, Jan. 11 (Korea Bizwire) – In a significant move towards sustainable practices, Seoul’s food delivery and takeaway services are seeing a transformative shift with the introduction of reusable containers. This initiative, part of the city’s ‘Zero Restaurant’ project, aims to reduce the burgeoning use of single-use plastics. Since December 2022, participating restaurants, like the one [...]
SEOUL, Jan. 11 (Korea Bizwire) – The Health Insurance Review and Assessment Service (HIRA) in South Korea recently reported a significant rise in the number of individuals seeking treatment for depression, surpassing one million in 2022. Looking back over the past five years, there has been a consistent increase in these numbers. Starting from 753,011 in [...]
SEOUL, Jan. 11 (Korea Bizwire) – South Korea is poised to bid farewell to a controversial culinary practice with the government set to prohibit the breeding, slaughtering, and sale of dogs for consumption starting 2027. This move puts an end to a debate that has spanned half a century. Bosintang, literally translating to a soup that [...]
BUSAN, Jan. 11 (Korea Bizwire) – In Busan, South Korea, individuals over the age of 50 are approaching half of the city’s total population. According to statistics released by Busan Metropolitan City on January 10, as of 2022, this age group comprised 1.53 million people, or 46.5% of the city’s population. The breakdown of this demographic [...]
SEOUL, Jan. 11 (Korea Bizwire) – South Korea’s Game Rating and Administration Committee (GRAC) is gearing up for the implementation of mandatory loot box probability disclosure requirements set to begin this March. However, concerns have been raised about the committee’s capacity to conduct thorough investigations due to its plan to fill the 24-member monitoring team with [...]
SEOUL, Jan. 11 (Korea Bizwire) – KakaoPay, South Korea’s popular payment platform, has witnessed an astonishing 14-fold increase in transactions made by foreign tourists within a year. This surge is attributed to the rise in international visitors in the post-COVID era and the expansion of KakaoPay-affiliated merchants linked to foreign fintech (payment) services. According to the [...]
SEOUL, Jan. 10 (Korea Bizwire) – Three people received rewards totaling over 100 million won (US$75,800) for providing information leading to the conviction or arrest of individuals involved in illegal drug crimes, officials said Wednesday. The Anti-Corruption and Civil Rights Commission said it marks the first time that cash rewards have been given to individuals [...]
SEOUL, Jan. 10 (Korea Bizwire) — The suspect in the stabbing attack on opposition leader Lee Jae-myung said Wednesday he is sorry for causing concern as he was referred to the prosecution on charges of attempted murder for further investigation and potential indictment. “I caused concerns. I am sorry,” the 67-year-old suspect, known by his [...]
SEOUL, Jan. 10 (Korea Bizwire) — Nearly half of the chief executives of the leading 500 firms in South Korea are in their 60s, a survey showed Wednesday. According to the survey conducted by CEO Lab, a corporate research organization, on the age of CEOs of the top 500 companies, the average age of a [...]
SEOUL, Jan. 10 (Korea Bizwire) — South Korea’s on-year employment grew at a slower pace in 2023 as the number of newly employed fell in the manufacturing sector and among young people, data showed Wednesday. The number of employed people rose 327,000 in 2023 from a year earlier, or 1.2 percent, to come to 28.41 [...]