SEOUL, Nov. 3 (Korea Bizwire) – Cigarette smoking is exacting a grim toll on both lives and finances in South Korea. According to the Korea Disease Control and Prevention Agency (KDCA), nearly 60,000 lives are claimed annually, and the economic cost stands at a staggering 12 trillion won. To combat this societal burden, experts from various [...]
SEOUL, Nov. 2 (Korea Bizwire) – An artificial intelligence-based congestion prediction system will go into pilot service on Seoul’s subway networks this month to monitor the risks of overcrowding, the interior ministry said Thursday. On a project that commenced in June, the ministry’s Integrated Data Analysis Center has developed the AI-based prediction model based on [...]
SEOUL, Nov. 2 (Korea Bizwire) — Police sought an arrest warrant Thursday for the former fiance of Olympic fencing medalist Nam Hyun-hee on fraud charges after victims filed complaints following their sensational breakup over revelations that the fiance was actually a woman with a history of multiple convictions. Nam, the silver medalist in women’s foil [...]
SEOUL, Nov. 2 (Korea Bizwire) — The Supreme Court on Thursday upheld lower courts’ acquittal of nine former officials of the Korea Coast Guard, who were all charged with failing to carry out their duty in the rescue operation for the sinking of the Sewol ferry in 2014. The top court said there was no [...]
SEOUL, Nov. 2 (Korea Bizwire) — South Korea will have newly registered expensive company-owned cars carry new license plates from 2024 to prevent private use of them by company officials for tax benefits and cost reductions, the transport ministry said Thursday. Starting Jan. 1, vehicles bought by companies for official purposes with corporate tax cuts [...]
SEOUL, Nov. 2 (Korea Bizwire) — Actor Lee Sun-kyun of the 2020 Oscar-winning movie “Parasite” will appear before police this week for the second round of questioning over suspected drug use, officials said Thursday. Lee, 48, is scheduled to undergo another round of questioning at the Incheon Metropolitan Police Agency on Saturday, following the first [...]
SEOUL, Nov. 2 (Korea Bizwire) — Prime Minister Han Duck-soo made an official visit to Cameroon as part of his five-nation tour of Africa and Europe to rally support for South Korea’s bid to host the 2030 World Expo and strengthen bilateral ties, his office said Thursday. Han arrived in the African capital city of Yaounde on [...]
SEOUL, Nov. 2 (Korea Bizwire) – A recent survey has revealed that middle-aged individuals in South Korea aspire to continue their economic activity until the age of 69, on average. However, their average retirement age is actually around 50. According to the findings from the 2023 survey on older adults’ job-seeking activities, released by the Tomorrow [...]
SEOUL, Nov. 2 (Korea Bizwire) – Amidst a labor shortage at industrial sites, the government has taken steps to address the increasing number of foreign workers. Vice Minister of Employment and Labor Lee Sung-hee visited Hyundai Samho Heavy Industries in Yeongam, Jeollanam-do, and announced a comprehensive plan during an on-site meeting with six shipbuilding companies that [...]
BUSAN, Nov. 2 (Korea Bizwire) – New technology that uses coal ash from power plants to construct structures in the ocean is set to be actively promoted in South Korea. Currently, some of the waste materials from burning coal to produce electricity are stored or buried because they are hard to recycle. One of these structures, [...]