ULSAN, Nov. 20 (Korea Bizwire) — Police and forensic agency authorities plan to conduct a joint investigation Wednesday into the cause of an accident that left three people dead at a Hyundai Motor Co. plant in the southeastern city of Ulsan. On Tuesday, three researchers — two Hyundai employees and one affiliated with a subcontractor [...]
SEOUL, Nov. 20 (Korea Bizwire) — Back-to-back protests by railway and subway workers disrupted subway services in the capital area on Wednesday, with commuters complaining of delays during the morning rush hour. The Korean Railway Workers’ Union’s work-to-rule protest continued for the third day, causing eight trains on subway lines 1, 3 and 4 and [...]
SEOUL, Nov. 20 (Korea Bizwire) — South Korea added more than 254,000 wageworker jobs in the second quarter of this year, but the number grew at a slower pace, while the number of job openings for young people continued to fall for nearly two years, data showed Wednesday. The number of paid employee jobs came [...]
SEOUL, Nov. 20 (Korea Bizwire) – South Korea’s Defense Acquisition Program Administration (DAPA) announced plans to develop specialized semiconductors that can be widely applied across Korean weapons systems, marking a significant step toward technological independence in military hardware. The initiative, unveiled on November 19 at a defense semiconductor forum in Seoul’s Yeongdeungpo district, outlines a comprehensive [...]
INCHEON, Nov. 20 (Korea Bizwire) – On Yeonpyeong Island, a fishing community situated near the maritime border with North Korea, local fishermen are locked in a dispute with municipal authorities over the disposal of fishing nets laden with crab remains, highlighting the environmental and economic challenges facing South Korea’s coastal communities. In September, the Ongjin County [...]
SEOUL, Nov. 19 (Korea Bizwire) – As obesity rates surge across all age groups in South Korea, lawmakers have introduced groundbreaking legislation to address what they increasingly see as a national health emergency. Representative Park Hee-seung of the Democratic Party, a member of the National Assembly’s Health and Welfare Committee, announced today the introduction of the [...]
SEOUL, Nov. 19 (Korea Bizwire) – In an effort to bring consistency to its international tourism branding, Seoul city officials are working to standardize the English-language name of the South Korean capital’s landmark waterway, emphasizing that “Hangang River” is the correct form over the commonly used “Han River.” The city’s push for standardization follows what officials [...]
SEOUL, Nov. 19 (Korea Bizwire) — One Russian and one Vietnamese suspect were recently extradited to the United States after being apprehended in South Korea earlier this year, the justice ministry said Tuesday. The Russian is under investigation by U.S. authorities on suspicions of using ransomware to encrypt data at multiple U.S. companies and then [...]
SEOUL, Nov. 19 (Korea Bizwire) – In a novel approach to corporate social responsibility, a South Korean advertising agency is breathing new life into a community bathhouse, transforming it into what is being called “the world’s safest bathhouse” for elderly residents. Innocean, a marketing communications company led by CEO Lee Yongwoo, is undertaking a complete renovation [...]
SEOUL, Nov. 19 (Korea Bizwire) — A Seoul court again rejected an arrest warrant for Qoo10 CEO Ku Young-bae on Tuesday on fraud and embezzlement charges related to his e-commerce group’s large-scale payment delays to vendors. The Seoul Central District Court made the decision following a hearing Monday, saying there was “room for dispute” over [...]