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Alarming Surge in Car Accidents Involving Elderly Drivers Sparks Concerns

Alarming Surge in Car Accidents Involving Elderly Drivers Sparks Concerns

SEOUL, Sept. 18 (Korea Bizwire) — Newly released data indicates a concerning surge in car accidents involving drivers aged 65 and older, marking a record high in the past year. This uptick has been a persistent trend since 2017, with a brief interruption attributed to the COVID-19 pandemic in 2020. Unfortunately, this pattern has resumed since [...]

Korea’s Changing Family Landscape: Fertility Rate Halves, Single-Person Households Surge

Korea’s Changing Family Landscape: Fertility Rate Halves, Single-Person Households Surge

SEOUL, Sept. 18 (Korea Bizwire) – In the past 30 years, the number of children born to each family in Korea has decreased by half, and the number of people living alone has more than doubled in the past 20 years, according to a recent report. On Sunday, the Ministry of Health and Welfare announced the [...]

On the Third Day of Rail Strike, Trains Run at Nearly 80% Capacity

On the Third Day of Rail Strike, Trains Run at Nearly 80% Capacity

SEOUL, Sept. 16 (Korea Bizwire) —  An ongoing strike by unionized rail workers entered its third day Saturday, forcing passenger trains to operate at just less than 80 percent capacity nationwide. The Korean Railway Workers’ Union began its first strike in four years Thursday, demanding improved working conditions and an expansion of the KTX bullet train [...]

Korean IP Office’s Special Police Unit Targets Blackpink Concert Counterfeit Goods

Korean IP Office’s Special Police Unit Targets Blackpink Concert Counterfeit Goods

SEOUL, Sept. 16 (Korea Bizwire) — The Korean Intellectual Property Office’s Special Police Unit for Trademarks (known as The SJP) has announced that it will take action against fake goods at Blackpink’s final world tour concert at the Gocheok Sky Dome in Seoul’s Guro-gu on the weekend of September 16-17. This special unit was established [...]

South Korea and U.S. Forge 5G Collaboration for Joint Military Operations

South Korea and U.S. Forge 5G Collaboration for Joint Military Operations

SEOUL, Sept. 16 (Korea Bizwire) – Senior South Korean and U.S. defense officials have agreed to cooperate in utilizing 5th generation (5G) wireless technology in combined operations, Seoul’s defense ministry said Friday. South Korean Vice Defense Minister Shin Beom-chul and Heidi Shyu, the U.S. under secretary of defense for research and engineering, vowed to carry [...]

IAEA Engages in Talks with China on Establishing Fukushima Information Mechanism, Modeled After South Korean Agreement, Reveals Grossi

IAEA Engages in Talks with China on Establishing Fukushima Information Mechanism, Modeled After South Korean Agreement, Reveals Grossi

SEOUL, Sept. 16 (Korea Bizwire) –The International Atomic Energy Agency (IAEA) has been in discussions with China over establishing a joint information mechanism over the water discharge from Japan’s crippled Fukushima nuclear power plant, similar to the agency’s arrangement with South Korea, according to the agency’s chief. In light of the water discharge that began [...]

State Audit Agency Set to Commence Inspection of World Scout Jamboree Hosting Next Week

State Audit Agency Set to Commence Inspection of World Scout Jamboree Hosting Next Week

SEOUL, Sept. 16 (Korea Bizwire) – The state audit agency said Saturday it will launch a comprehensive inspection next week into the country’s hosting of the World Scout Jamboree last month after the event faced much criticism for poor preparations. The 12-day event, which kicked off Aug. 1, underwent significant challenges, including a heat wave [...]

N. Korea’s Kim Arrives in Russia’s Far East, Set to Visit Aircraft Plant

N. Korea’s Kim Arrives in Russia’s Far East, Set to Visit Aircraft Plant

SEOUL, Sept. 15 (Korea Bizwire) — North Korean leader Kim Jong-un headed straight to an aircraft plant that builds fighter jets after arriving in Russia’s Far Eastern city of Komsomolsk-on-Amur, following his rare summit with President Vladimir Putin earlier this week, according to Russian news agencies Friday. Kim arrived at a railway station in the [...]

S. Korea Signs EDCF Agreement with Ukraine

S. Korea Signs EDCF Agreement with Ukraine

SEOUL, Sept. 15 (Korea Bizwire) — South Korea has clinched an agreement with Ukraine to offer low-interest loans to the war-torn nation to help its reconstruction projects, the finance ministry said Friday. Kim Hyung-tae, South Korea’s ambassador to Ukraine, and Ukrainian First Vice Prime Minister Yuliia Svyrydenko signed the agreement in Kyiv earlier this week [...]