SEOUL, Nov. 9 (Korea Bizwire) – According to a recent study, the number of emergency room visits related to self-harm or disengagement from the world has increased by 1.8 times in the past decade. This rise has been particularly pronounced among teenagers, highlighting the need for improved mental health care for the younger generation. The Korea [...]
SEOUL, Nov. 9 (Korea Bizwire) — South Korea has launched a government-wide special scheme on the management of prices of key food and other items to bring inflation under control, the finance ministry said Thursday. Vice ministers of all government ministries are supposed to be in charge of monitoring prices of items concerned and implementing [...]
SEOUL, Nov. 8 (Korea Bizwire) – The Ministry of Oceans and Fisheries announced a ban on the installation of new buoys made from Styrofoam (expanded polystyrene) at all aquaculture fishing grounds, starting from November 13. Styrofoam buoys have been recognized as a significant contributor to the issue of marine microplastics. The restriction on new Styrofoam [...]
SEOUL, Nov. 8 (Korea Bizwire) – A record 32 percent of South Koreans said unification with North Korea is unnecessary, a survey showed Wednesday, as inter-Korean relations remain frosty amid the North’s persistent military threats. The figure from a poll of 1,000 adults conducted by the Peaceful Unification Advisory Council (PUAC) from Sept. 15-17 marked [...]
SEOUL, Nov. 8 (Korea Bizwire) – The number of foreign residents in South Korea has hit a record high at nearly 2.26 million, with foreign students increasing by 21 percent year-on-year to fuel the jump, the interior ministry said Wednesday. As of Nov. 1, 2022, the number of foreign residents had stood at around 2.258 [...]
WASHINGTON, Nov. 7 (Korea Bizwire) — The U.S. Department of Defense refused Tuesday to comment on a growing debate in South Korea over whether a 2018 inter-Korean military accord aimed at reducing border tensions should be suspended, saying it is a matter for South Korea to decide on. Deputy Pentagon Press Secretary Sabrina Singh addressed [...]
GWANGJU, Nov. 8 (Korea Bizwire) — A production plant of Kia Corp., South Korea’s second-largest automaker, has been suspended following a fatal accident at one of its parts subcontractors, according to company officials Wednesday. According to plant officials, production at the Kia facility in Gwangju, about 270 kilometers south of Seoul, has been suspended since [...]
SEOUL, Nov. 8 (Korea Bizwire) — The South Korean government vowed Wednesday to ease regulations and reduce administrative procedures to promote the swift and smooth implementation of major corporate investment projects, including S-Oil Co.’s petrochemical plant project and the U.S. Sphere Entertainment Co.’s K-pop arena construction plan. The government presented a set of tailored deregulatory [...]
WASHINGTON, Nov. 7 (Korea Bizwire) — The United States has taken South Korea off its list of countries to monitor for their foreign exchange policies, a Treasury Department report showed Tuesday, marking the Asian country’s first exclusion in more than seven years. The department released the semiannual Report to Congress on Macroeconomic and Foreign Exchange [...]
SEOUL, Nov. 7 (Korea Bizwire) — President Yoon Suk Yeol traveled to the conservative stronghold of Daegu on Tuesday and visited former President Park Geun-hye at her home, in what appeared to be a bid to unite conservatives ahead of next year’s parliamentary elections. The visit came only 12 days after the two met during [...]