SEOUL, Dec. 28 (Korea Bizwire) – The recent ’2023 Survey on North Korean Defectors’ conducted by the Korea Hana Foundation reveals significant improvement in the economic activities and settling environment of North Korean defectors residing in South Korea. The survey, published on December 27, indicates an increase in the employment rate of defectors to 60.5% this [...]
SEOUL, Dec. 28 (Korea Bizwire) – In a pioneering collaboration aimed at boosting military efficiency and comfort, Hyundai Mobis, a leading South Korean automotive parts company, has signed a Memorandum of Understanding (MOU) with the Republic of Korea Marine Corps to implement motion sickness reduction technology in military vehicles. This groundbreaking partnership, announced on December 27, [...]
SEOUL, Dec. 28 (Korea Bizwire) – The escalation of drug crimes in South Korea is anticipated to pose growing societal concern in the upcoming year, primarily attributed to the proliferation of online drug distribution channels that gained traction during the coronavirus pandemic. On December 27, the Institute of Public Security Policy at the National Police University [...]
SEOUL, Dec. 28 (Korea Bizwire) – On December 26, a video released by the Israeli Embassy in South Korea on its official social media account stirred significant controversy. The video, which depicted a simulated Hamas attack on South Korea, was set in Seoul, and was taken down within a day due to the escalating controversy. Numerous [...]
SEOUL, Dec. 27 (Korea Bizwire) — The number of babies born in South Korea fell to the lowest point for any October to date, data showed Wednesday. A total of 18,904 babies were born in October, down 8.4 percent from a year earlier, according to the data from Statistics Korea. The October tally marks the [...]
SEOUL, Dec. 27 (Korea Bizwire) — The average hourly wages of women climbed to about 70 percent of those of men last year, while the gap in employment between men and women has narrowed, a government report showed Wednesday. The labor and gender equality ministries jointly published the 2023 white paper report on women’s economic [...]
SEOUL, Dec. 27 (Korea Bizwire) — Actor Lee Sun-kyun of the Oscar-winning “Parasite” was found dead in an apparent suicide Wednesday while facing an investigation over suspected drug use. A man in his 40s was found unconscious in a car at a park in central Seoul at 10:30 a.m., and the police later identified him [...]
SEOUL, Dec. 27 (Korea Bizwire) — The government will invest 1.5 trillion won (US$1.16 billion) to ensure industrial safety for small companies with fewer than 50 employees, officials said Wednesday. The plan was announced as the government and the ruling People Power Party are seeking an additional two-year grace period for such small firms from [...]
SEOUL, Dec. 27 (Korea Bizwire) — South Korean shipbuilding titan HD Hyundai Heavy Industries Co. said Wednesday it has recently completed the basic design for the country’s next-generation Aegis destroyer. It comes three years after HD Hyundai Heavy was chosen as the preferred bidder for the Korea Destroyer Next Generation (KDDX) project to build a [...]
SEOUL, Dec. 27 (Korea Bizwire) – South Korea has been reported to spend 2% of its Gross Domestic Product (GDP) on environmental protection, averaging approximately 920,000 won per capita. The Ministry of Environment revealed the compilation results of the environmental protection expenditure account for 2021 on December 25. In 2021, the national expenditure for environmental protection [...]