SEOUL, Nov. 16 (Korea Bizwire) – According to a recent study, South Koreans devoted over 100 billion minutes to YouTube in the past month. This data, collected through a survey of a smartphone user sample by Wiseapp, a service specializing in app and retail analytics, reveals a significant uptick in YouTube usage. Comparing figures from October, [...]
SEOUL, Nov. 16 (Korea Bizwire) – A recent survey has revealed that caregivers employed in hospitals endure long working hours, with an average of six days per week and 17 hours per day. As caregivers provide around-the-clock patient care, they do not receive an adequate amount of rest hours. Additionally, they have reported instances of contracting [...]
SEOUL, Nov. 15 (Korea Bizwire) — Hyundai Motor Group Executive Chair Euisun Chung has been awarded the honor of Commander of the Most Excellent Order of the British Empire (CBE) for his contributions to the strengthening of economic and cultural ties between South Korea and Britain, the company said Wednesday. Chung received the medal from [...]
SEOUL, Nov. 15 (Korea Bizwire) — The government will earmark 1 trillion won (US$766.52 million) to implement extensive tailored programs to encourage more young people to join and stay in the labor market, the finance ministry said Wednesday. South Korea has seen growth in the number of young people neither in employment nor in education [...]
SEOUL, Nov. 15 (Korea Bizwire) – The results of a recent survey conducted by the Korea Transportation Safety Authority (KTSA) revealed that 72.9 percent of 225 electric vehicle (EV) drivers, who visited service centers between July 4 and October 12 during the ‘Special Safety Inspection for Electric Vehicles,’ would recommend purchasing an EV to their friends. [...]
SEOUL, Nov. 15 (Korea Bizwire) – On Tuesday, KEPCO announced its adoption of a one-strike policy, including the possibility of dismissal, in response to a swift investigation prompted by the National Audit Office. The audit revealed that numerous employees had breached their non-competition obligations, engaging in the solar power business and fueling a fairness controversy. In [...]
SEOUL, Nov. 15 (Korea Bizwire) – The delinquency rate for bank credit card loans, encompassing both cash advances and card loans, has experienced a notable surge in recent times. As per a report from the Bank of Korea on Tuesday, the delinquency rate for credit card loans at general banks—encompassing both commercial and regional banks—reached 2.9 [...]
GUNPO, Nov. 15 (Korea Bizwire) – With the pet dog population reaching 15 million in South Korea, several municipal governments are creating pet waiting areas at the entrances of public restrooms in parks for citizens who visit the parks with their pets. However, the local government in the city of Gunpo, Gyeonggi Province recently rejected a [...]
SEOUL, Nov. 14 (Korea Bizwire) –The Ministry of Science and ICT inaugurated the Seoul National University Graduate School of Artificial Intelligence Semiconductors during a ceremony held at the Design Research Center of Seoul National University on Tuesday. AI semiconductors, crucial for executing large-scale computations essential for high-speed and low-power artificial intelligence (AI) services, were the [...]
SEOUL, Nov. 14 (Korea Bizwire) – South Korea will continue to play a key role in supporting developing nations’ responses to climate challenges as the Green Climate Fund (GCF) marked the 10th anniversary of the foundation this year, Seoul’s finance ministry said Tuesday. Established in December 2013, the GCF has been the world’s largest climate [...]