SEOUL, Oct. 16 (Korea Bizwire) — A total of 4,481 people have fallen victim to home rental scams this year, with their combined financial damage reaching 510.5 billion won (US$377.3 million), police data showed Monday. Police apprehended 2,582 suspects of so-called jeonse scams but were only able to retrieve 22.6 percent, or 115.3 billion won, [...]
SEOUL, Oct. 16 (Korea Bizwire) — The defense ministry said Monday it will host an annual international security forum this week to discuss efforts to promote peace and cooperation, amid global security uncertainties highlighted by Hamas’ recent attack on Israel and Russia’s war in Ukraine. The three-day Seoul Defense Dialogue 2023 is set to kick [...]
SEOUL, Oct. 16 (Korea Bizwire) — South Korea and the United States are expected to sign an arrangement aimed at bolstering bilateral security supply chains this month, Seoul’s arms procurement agency said Monday, amid the allies’ efforts to step up security cooperation. In a policy report for a parliamentary hearing, the Defense Acquisition Program Administration [...]
SEOUL, Oct. 16 (Korea Bizwire) — North Korea on Monday condemned Japan’s move to accelerate its planned acquisition of Tomahawk cruise missiles from the United States as an “arrogant choice,” warning that it will heighten regional tensions. Earlier this month, Japanese Defense Minister Minoru Kihara said Tokyo aims to purchase the missiles as early as [...]
SEOUL, Oct. 16 (Korea Bizwire) – The repercussions of the economic downturn have reverberated in the imported electric vehicle market, drawing attention to the widening wealth gap often described as “The rich get richer, the poor get poorer.” While sales of domestic electric vehicles (EVs) have been lackluster this year, there has been a notable surge in [...]
SEOUL, Oct. 16 (Korea Bizwire) – The Seoul Metropolitan Government has made the decision to significantly increase the number of trash cans throughout the city. This choice was influenced by a rising number of citizens who had expressed concerns about the lack of proper trash disposal options on the streets, along with comparisons to cities like New [...]
SEOUL, Oct. 16 (Korea Bizwire) – According to a recent report, over the last five years, more than 20,000 men have relinquished their South Korean citizenship. This information is based on data provided by the Military Manpower Administration to the National Assembly, which is currently conducting a national security audit. The data reveals that between 2019 and [...]
SEOUL, Oct. 16 (Korea Bizwire) – Amid the ongoing efforts to combat bedbug infestations in Europe, including France and the United Kingdom, reports of bedbugs appearing in a sauna in Incheon have surfaced. In a recent video posted on YouTube by daheuk, a YouTuber renowned for his content on rare animals and boasting 920,000 subscribers, he documented [...]
SEOUL, Oct. 15 (Korea Bizwire) – Japan’s top diplomat thanked her South Korean counterpart Sunday for helping Japanese nationals depart from Israel last week, Seoul’s foreign ministry said, amid the deadly conflict in the country with the Palestinian Hamas militant group. Yoko Kamikawa made the remark in phone talks with Foreign Minister Park Jin after [...]
SEOUL, Oct. 15 (Korea Bizwire) – The labor union of Kia Corp., South Korea’s second-largest automaker, said Sunday it has failed to settle wage talks with the company again, raising the possibility of it staging a partial strike starting later this week. Unless the two sides resume negotiations and reach an agreement by Tuesday, the [...]