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Producer Prices Up for 4th Month in March on High Prices of Farm, Industrial Goods

Producer Prices Up for 4th Month in March on High Prices of Farm, Industrial Goods

SEOUL, Apr. 23 (Korea Bizwire) — South Korea’s producer prices rose for the fourth consecutive month in March, driven in part by soaring prices of agricultural goods and industrial goods, central bank data showed Tuesday. The producer price index, a major barometer of consumer inflation, increased 0.2 percent in March from a month earlier, following [...]

Research Unveils Effective Range of Turtle Ship Cannons, Shedding Light on Admiral Yi’s Naval Tactics

Research Unveils Effective Range of Turtle Ship Cannons, Shedding Light on Admiral Yi’s Naval Tactics

MOKPO, Apr. 23 (Korea Bizwire) – As South Korea commemorates the 479th anniversary of the birth of Admiral Yi Sun-sin on April 28, a groundbreaking study revealing the effective firing range of the iconic turtle ship’s cannons has drawn significant attention from scholars. This discovery may help unravel the combat secrets behind Admiral Yi’s famed naval [...]

Kakao and CJ Team Up to Upcycle Instant Rice Containers

Kakao and CJ Team Up to Upcycle Instant Rice Containers

SEOUL, Apr. 22 (Korea Bizwire) –Kakao’s impact commerce platform Kakao Makers has partnered with food giant CJ CheilJedang to launch an upcycling initiative that will transform discarded containers from the company’s popular instant rice products into new merchandise. Timed to coincide with Earth Day on April 22, the “Instant Rice Container Reborn Project” seeks to [...]

Victims Demand Compensation for Toxic Humidifier Crisis on Earth Day

Victims Demand Compensation for Toxic Humidifier Crisis on Earth Day

SEOUL, Apr. 22 (Korea Bizwire) –Victims’ groups and environmental advocates marked Earth Day on April 22 by announcing the 1,853rd death linked to toxic humidifier disinfectants, ramping up pressure on companies to compensate those sickened by the products years after a national scandal erupted. At a news conference outside the headquarters of Oxy, a major [...]

South Korea Vows Crackdown on Employers Over Surging Wage Arrears

South Korea Vows Crackdown on Employers Over Surging Wage Arrears

SEOUL, Apr. 22 (Korea Bizwire) – South Korea’s government announced plans to intensify legal actions and asset investigations targeting employers who fail to pay employees, as wage arrears continued rising this year after hitting record highs in 2023.  The Ministry of Employment and Labor said that it has prepared new guidelines to strengthen the handling of [...]

S. Korea Donates AI Medical Image Analysis System to UAE

S. Korea Donates AI Medical Image Analysis System to UAE

SEOUL, Apr. 22 (Korea Bizwire) — South Korea has donated an advanced medical imaging analysis system to a military hospital in the United Arab Emirates (UAE) to help improve its health care service, the defense ministry said Monday. The artificial intelligence (AI) powered medical image analysis system, jointly developed by the defense and ICT ministries [...]

Gov’t Rules Out Discussions on Scrapping Plan to Hike Medical School Admissions

Gov’t Rules Out Discussions on Scrapping Plan to Hike Medical School Admissions

SEOUL, Apr. 22 (Korea Bizwire) — Health Minister Cho Kyoo-hong said Monday the government will not hold discussions on potentially scrapping a plan to boost medical school admissions, renewing a pledge to accomplish medical reform despite a fierce protest by doctors. About 12,000 trainee doctors have left their worksites since Feb. 20 in the walkout [...]

Tenants Acquitted of Trespassing After Changing Locks to Reclaim Homes

Tenants Acquitted of Trespassing After Changing Locks to Reclaim Homes

DAEJEON, Apr. 22 (Korea Bizwire) – A group of tenants who changed the door locks and re-entered their former apartments after failing to receive their security deposits were prosecuted for trespassing but were acquitted in both the first and second trials. According to legal insiders, in 2019, 11 residents, including an individual referred to only as [...]

Seoul Launches Neighborhood Safety Patrol with 1,424 Dog-Owner Teams

Seoul Launches Neighborhood Safety Patrol with 1,424 Dog-Owner Teams

SEOUL, Apr. 22 (Korea Bizwire) – The Seoul Metropolitan Government announced on April 19 that 1,424 Seoul Dog Patrol teams have begun their activities to safeguard the city’s communities. Starting with just 64 teams in 2022, the dog patrol program saw a surge in participation from citizens, with 1,011 teams across Seoul conducting a total of [...]