SEOUL, Oct. 10 (Korea Bizwire) — Four out of every 10 foreigners who entered South Korea on a language study visa turned into illegal immigrants, data showed Tuesday. Out of the total 64,904 foreigners staying in South Korea as of June after entering the country on the D-4 General Trainee Visa, 25,898, or 39.9 percent, [...]
SEOUL, Oct. 10 (Korea Bizwire) — North Korea on Tuesday lauded leader Kim Jong-un for “exceptionally” strengthening the country’s combat power as Pyongyang marked the 78th founding anniversary of its ruling Workers’ Party. The Rodong Sinmun, the organ of the North’s ruling party, said Kim “exceptionally strengthened the combat power” over the past decade to [...]
SEOUL, Oct. 10 (Korea Bizwire) – Hamas’ surprise rocket attack on Israel has renewed security concerns in South Korea over Seoul’s capabilities to counter a potential attack from North Korea. Hamas unleashed a barrage of some 5,000 rockets on Israel last Saturday, with some of them bypassing Israel’s Iron Dome missile defense system, despite its known [...]
WASHINGTON, Oct. 9 (Korea Bizwire) — A South Korean Navy cruise training group, including 151 naval cadets, arrived at a port in Maryland on Monday, for a visit to mark the 70th anniversary of the alliance between South Korea and the United States. ROKS Hansando (ATH-81), a training ship, and ROKS Hwacheon (AOE-59), a combat [...]
SEOUL, Oct. 10 (Korea Bizwire) – Over the last five years, over 1.33 million animals have been subjected to experiments at 11 prominent national universities, including Seoul National University and Pusan National University. Globally, it’s estimated that more than 500 million animals suffer and perish in experimental procedures annually. While the number of animals utilized in [...]
SEOUL, Oct. 10 (Korea Bizwire) – Recent statistics show that premiums paid by customers for storm and flood damage insurance, providing protection against weather-related disasters such as typhoons, floods, and earthquakes, have seen an increase. However, the claim payout rates offered by insurers have remained static. According to data presented by the Financial Supervisory Service (FSS) [...]
SEOUL, Oct. 10 (Korea Bizwire) – Following the Hangzhou Asian Games, which captivated the nation with a gold-medal performance from the men’s soccer team in a thrilling victory over Japan, attention is now turning to the bestowal of honors. Korean athletes achieved remarkable results during the Asian Games, but the military service exemption granted to gold [...]
SEOUL, Oct. 10 (Korea Bizwire) – The share of gifted properties in the housing transaction market continues to decline. According to housing transaction statistics compiled by the Korea Real Estate Board on Sunday, the nationwide share of gifted properties in housing transactions was 6.8 percent in August, the lowest since June 2020 when the figure was [...]
SEOUL, Oct. 9 (Korea Bizwire) – About 65 percent of industrial technology that got leaked overseas ended up in China. The National Police Agency recently shared data with Representative Cho Eun-hee, a member of the National Assembly’s Administrative Affairs and Security Committee. They reported that there were 78 cases of industrial technology leaks discovered by [...]
SEOUL, Oct. 9 (Korea Bizwire) – Leading South Korean companies are keeping close tabs on the potential business fallout from the escalating conflict between Israel and Palestinian Islamist group Hamas, industry sources said Monday, though no damage has yet been reported among firms operating in the Middle Eastern country. According to industry officials, Samsung Electronics [...]