SEOUL, Sept. 16 (Korea Bizwire) — When Immigration and Customs Enforcement agents stormed a battery plant construction site in Bryan County, Georgia, earlier this month, hundreds of South Korean workers found themselves in shackles, held in freezing rooms with moldy mattresses and little explanation of what crime they had committed. The episode, now reverberating across [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s science ministry said Tuesday it has opened an official investigation into claims by an international hacking group that it is attempting to sell personal data purportedly stolen from SK Telecom, the nation’s largest mobile carrier. The probe follows a post on the Telegram channel of Scattered Lapsus$, [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s presidential office said Tuesday it will not be rushed into signing a trade agreement with Washington, cautioning that a deal struck hastily could undermine the interests of Korean companies at a delicate moment in negotiations. Talks have been ongoing since late July, when the two governments reached [...]
SEOUL, Sept. 16 (Korea Bizwire) — Nearly one in six foreign graduates who stayed in South Korea after studying have faced workplace difficulties, including conflicts with Korean colleagues or wage disputes, according to a government-funded study released Sunday. The Korea Immigration Service Institute found that 16.4 percent of foreign residents who previously studied in Korea [...]
SEOUL, Sept. 16 (Korea Bizwire) — A string of attempted child abductions in recent weeks has triggered a surge in demand for self-defense products among South Korean parents, with online marketplaces reporting sharp increases in sales. According to e-commerce platform 11st, purchases of key personal safety items between September 2 and 11 jumped 2.5 times compared [...]
SEOUL, Sept. 16 (Korea Bizwire) — A central plank of Google’s lobbying campaign to secure approval for exporting South Korea’s high-precision mapping data is coming under sharp scrutiny, with experts arguing that the projected economic benefits are inflated and based on questionable assumptions. Google has cited research suggesting that if Korea allows the export of [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea is preparing a sweeping overhaul of regulations governing artificial intelligence, autonomous driving and robotics, as the government seeks to position the country among the global leaders in next-generation industries. At the first Strategic Meeting on Regulatory Reform for Key Sectors, held Monday at the Korea Institute of [...]
SEOUL, Sept. 15 (Korea Bizwire) — Companies that suffer from at least three industrial accident deaths a year will be fined up to 5 percent of their operating profit, the labor ministry said Monday. Under the new industrial safety measures, the government will revise a law that would revoke the licenses of companies that continually [...]
SEOUL, Sept. 15 (Korea Bizwire) — President Lee Jae Myung on Monday urged a broad rollback of outdated regulations and punitive measures that, he argued, have long stifled corporate initiative and deterred investment. Speaking at a meeting on regulatory reform at the Korea Institute of Science and Technology in Seoul, Lee said the country must [...]
SEOUL, Sept. 15 (Korea Bizwire) — When more than 300 South Korean workers were swept up in a U.S. immigration raid at a Georgia battery plant earlier this month, the images and testimonies that followed shocked many in Seoul: men shackled at the waist, ankles and wrists, confined in overcrowded cells, sleeping on mold-covered mattresses in [...]