SEOUL, Jan. 4 (Korea Bizwire) – The unification ministry said Thursday it has decided to dissolve the foundation in charge of assisting the operation of a now-shuttered joint industrial complex in North Korea’s border city of Kaesong amid frosty inter-Korean ties. The move came nearly eight years after South Korea shut down the industrial complex [...]
SEOUL, Jan. 4 (Korea Bizwire) –The bereaved family of a late prisoner who died of COVID-19 when a mass infection hit a detention center in Seoul has filed a damages suit, accusing the state of failing to protect high-risk inmates like him and neglecting the problem of overcrowding at the facility. The deceased, who was [...]
SEOUL, Jan. 4 (Korea Bizwire) –South Korea is witnessing a significant impact on its education sector due to a sharp decline in the school-age population, a consequence of the country’s critically low birth rate. This year, the number of students entering elementary school has fallen below 400,000, and it’s anticipated to soon drop below 300,000. [...]
SEOUL, Jan. 4 (Korea Bizwire) – The Military Manpower Administration (MMA) said Thursday it has created a cyber investigation team to step up monitoring on those who attempt to evade mandatory military service and crack down on draft dodgers. The MMA said the new team will look into those who post information on how to [...]
GOYANG, Jan. 4 (Korea Bizwire) –Ilsan Lake Park in Goyang, Gyeonggi Province, a popular destination attracting over 100,000 visitors daily, has maintained first-class water quality even during abnormal high-temperature weather conditions. According to the city on January 3, despite the severe algae bloom observed nationwide in waterside parks due to last summer’s record-breaking heatwave, the [...]
SEOUL, Jan. 4 (Korea Bizwire) –Over 43,000 individuals visited South Korean emergency rooms in the past year following suicide or self-harm attempts, with nearly half of these cases involving teenagers and young adults in their twenties. The incidence of suicide and self-harm attempts among individuals aged 10 to 29 has surged by 50-70% in recent [...]
SEOUL, Jan. 3 (Korea Bizwire) – The vice chief of South Korea’s financial regulator said Wednesday authorities will set up a computerized system to crack down on naked short selling, in a bid to promote a level playing field for stock investments. Kim So-young, vice chairman of the Financial Services Commission (FSC), said the country [...]
SEOUL, Jan. 3 (Korea Bizwire) –The education ministry said Wednesday it will make a mental health test available at all elementary, middle and high schools starting in the new semester in March in an effort to detect students at risk early amid worsening problems of teenage suicide and loners. The “mind EASY test” is composed [...]
SEOUL, Jan. 3 (Korea Bizwire) – Prosecutors indicted a former employee of Samsung Electronics Co. on Wednesday on charges of leaking key semiconductor technologies of the tech giant to a Chinese company in return for money, officials said. The Seoul Central District Prosecutors Office indicted the employee surnamed Kim, who formerly served as a department [...]
SEOUL, Jan. 3 (Korea Bizwire) – Along Seoul’s ‘Yongridan-gil’, a stretch of road between Sinyongsan and Samgakji stations, an office worker referred to only as Kim (28) takes photos with friends against a backdrop of stores decorated in Japanese style. “You can’t tell if this is Seoul, Tokyo, or Osaka. People might think I’m in Japan [...]