SEOUL, July 28 (Korea Bizwire) — As an August 1 deadline looms, South Korea finds itself under mounting pressure from the United States to further open its agricultural and livestock markets—a delicate issue that has long tested the country’s balancing act between international diplomacy and domestic political realities. Behind closed doors, the two allies are [...]
SEOUL, July 28 (Korea Bizwire) — South Korea is grappling with the increasing challenge of suspects refusing to reveal their smartphone passwords—a trend spotlighted most recently by former President Yoon Suk-yeol’s reported noncompliance in a high-profile investigation into the death of military corporal Chae. Prosecutors say Yoon’s refusal to unlock his device has hindered the [...]
SEOUL, July 28 (Korea Bizwire) — Hyundai Motor’s move to localize auto parts production in the United States in response to steep U.S. tariffs is casting a shadow over South Korea’s auto parts industry, sparking concerns of declining exports and weakened domestic supply contracts. In its second-quarter earnings call on July 24, Hyundai confirmed it [...]
GWANGJU, July 28 (Korea Bizwire) — A recent case of workplace bullying in Naju, South Korea, has once again exposed the harsh realities faced by migrant workers—many of whom suffer in silence under a labor system critics say traps them in abusive conditions. According to the Gwangju-Jeonnam Migrant Human Rights Network and the Jeonnam Labor [...]
SEOUL, July 28 (Korea Bizwire) — A majority of foreign-invested companies in South Korea view the country’s labor relations as confrontational and its labor market regulations as excessively rigid, according to a new survey released Sunday by the Korea Economic Research Institute (KERI), an arm of the Federation of Korean Industries. The poll, conducted by [...]
SEOUL, July 28 (Korea Bizwire) — South Korea’s National Health Insurance Service (NHIS) has submitted over 1.5 million citizen signatures to an appeals court in support of its ongoing 50 billion won ($38 million) damages lawsuit against major tobacco companies, signaling strong public backing in a legal battle over smoking-related health costs. The NHIS announced [...]
SEOUL, July 26 (Korea Bizwire) — As YouTube continues to dominate the global internet landscape—with over 20 trillion videos uploaded and 20 million more added daily—its influence in South Korea has become particularly pronounced. More than half of South Koreans (51%) now consume news via YouTube, significantly outpacing the global average of 31%, according to the [...]
SEOUL, July 25 (Korea Bizwire) – President Lee Jae Myung on Friday visited a factory where a worker was killed after getting caught in a machine, saying he will stop industrial accidents from repeating themselves. The plant in Siheung, some 30 kilometers southwest of Seoul, is where a woman in her 50s was killed in [...]
SEOUL, July 25 (Korea Bizwire) — South Korea on Friday raised travel alerts for border regions of Thailand and Cambodia as the armed conflict between the two Southeast Asian countries is escalating over their longstanding territorial dispute. Beginning at 12 p.m., a “special travel advisory,” which advises nationals to refrain from traveling to or to [...]
SEOUL, July 25 (Korea Bizwire) — President Lee Jae Myung visited Busan on Friday and pledged to swiftly relocate the oceans ministry to the southeastern port city. The relocation of the Ministry of Oceans and Fisheries from the central city of Sejong was one of Lee’s campaign pledges. “I will swiftly execute the relocation of [...]