SEOUL, Sept. 27 (Korea Bizwire) – A recent survey revealed that approximately eight out of 10 South Koreans over the age of 65 do not want to live with their children. Even during their old age, 70 percent of the elderly individuals said they were still preparing for their retirement and wanted to enjoy hobbies, travel, [...]
SEOUL, Sept. 26 (Korea Bizwire) – South Korea will supply 120,000 public homes in addition to the existing plan to deliver 2.7 million new homes by 2027 to offset the declining private-sector home supply amid higher lending rates, the land ministry said Tuesday. In August last year, the government announced the public home supply plan [...]
SEOUL, Sept. 26 (Korea Bizwire) – South Korea’s health authorities said Tuesday they approved the emergency use of Moderna Inc.’s updated COVID-19 vaccine to target today’s most common strain. The approval of the vaccine that targets the XBB.1.5 subvariant came as health authorities have advised people to get free and updated COVID-19 vaccines from Oct. [...]
SEOUL, Sept. 26 (Korea Bizwire) – Missiles, tanks, and military personnel paraded through central Seoul to mark Armed Forces Day, the first such event in a decade. President Yoon Suk Yeol, alongside Defense Minister Lee Jong-sup and military leaders, participated in the procession despite the rain. This parade signifies South Korea’s increased focus on military [...]
SEOUL, Sept. 26 (Korea Bizwire) – The Constitutional Court on Tuesday struck down the law banning the sending of propaganda leaflets into North Korea, 2 1/2 years after the law went into force. The revised Development of Inter-Korean Relations Act went into effect in March 2021 to prohibit the launching of anti-Pyongyang leaflets across the [...]
SEOUL, Sept. 26 (Korea Bizwire) — South Korea, China and Japan held a high-level meeting Tuesday to discuss three-way cooperation and explore the possibility of resuming the long-stalled summit of their leaders. The trilateral senior officials’ meeting held in Seoul brought together South Korean Deputy Foreign Minister Chung Byung-won; Takehiro Funakoshi, Japan’s senior deputy foreign [...]
SEOUL, Sept. 26 (Korea Bizwire) — North Korea is scheduled to convene a key parliamentary meeting Tuesday amid keen attention over whether its leader Kim Jong-un will attend it to deliver any message related to his latest summit with Russian President Vladimir Putin. North Korea earlier announced its plan to hold the ninth session of [...]
SEOUL, Sept. 26 (Korea Bizwire) — President Yoon Suk Yeol issued a stern warning against North Korea on Tuesday, saying the regime will be brought to an end by the South Korea-U.S. alliance if it uses nuclear weapons. Yoon made the remark during a speech marking the 75th Armed Forces Day, which is celebrated on [...]
SEOUL, Sept. 26 (Korea Bizwire) — New Industry Minister Bang Moo-kyu visited a factory of Hyundai Motor Co. on Tuesday and vowed extended support for the electric vehicle (EV) sector to boost the country’s exports and the overall economic growth, his office said. Bang, who took office last week, launched a government delegation to be [...]
SEOUL, Sept. 26 (Korea Bizwire) – Once hailed as a “dream job” and immensely popular among young job seekers, being employed as a civil servant was even ranked as the best job to have in 2009. However, the allure has waned over the years, with fewer candidates showing interest in the grade 9 civil service exam. [...]