SEOUL, July 23 (Korea Bizwire) — South Korea’s industry ministry said Thursday it has launched a private-public consultative body to strengthen technological partnerships between the military and the private sector. The body’s first meeting took place in Seoul earlier in the day, attended by officials from the military, academia and domestic defense companies, the Ministry [...]
SEOUL, July 24 (Korea Bizwire) — President Lee Jae Myung on Thursday held separate phone calls with his counterparts in Germany and Uzbekistan, his office said, to discuss strengthening bilateral cooperation. During his call with German Chancellor Friedrich Merz, Lee highlighted the strong relationship between the two nations. Merz agreed, noting that Germany and South [...]
SEOUL, July 24 (Korea Bizwire) — National Security Adviser Wi Sung-lac said Thursday he has met with senior officials of the Donald Trump administration during his recent visit to the United States to support ongoing trade negotiations as the tariff deadline looms. In a press notice, Wi said he accompanied Trade Minister Yeo Han-koo for [...]
SEOUL, July 24 (Korea Bizwire) — As South Korea debates a proposal to raise the statutory retirement age from 60 to 65, a new survey reveals a stark generational divide over how such a change could impact youth employment. According to findings released Wednesday by the Korea Employers Federation (KEF), 61.2% of unemployed young job [...]
SEOUL, July 24 (Korea Bizwire) – Restaurants remained the most common workplace for South Korean teenagers working part-time jobs last year, but new data suggests significant changes in youth employment patterns over the past decade. According to a study released Tuesday by the National Youth Policy Institute, 39.3% of middle and high school students who worked [...]
CHANGWON, July 24 (Korea Bizwire) – As South Korea grapples with more frequent extreme weather events, local governments are facing heightened responsibility—and legal scrutiny—for their disaster preparedness and response. Recent court records show that while municipalities have been sued for alleged negligence following natural disasters, they have largely avoided liability. However, growing public and political [...]
SEOUL, July 24 (Korea Bizwire) — South Korea’s National Assembly on Wednesday passed the country’s first dedicated law to support and promote community enterprises, small-scale businesses operated by local residents to tackle regional challenges such as population decline and job shortages. The new legislation—the Community Enterprise Promotion and Support Act—was spearheaded by the Ministry of [...]
ANDONG, South Korea, July 24 (Korea Bizwire) – South Korea’s North Gyeongsang Province announced plans Wednesday to build rapid freezing facilities in Yeongdeok and Pohang to preserve the freshness of bluefin tuna, which has recently been caught in growing quantities off the country’s east coast. The rise in sea temperatures and an abundance of bait [...]
SEOUL, July 24 (Korea Bizwire) — South Korea’s Constitutional Court announced Tuesday that legislation governing compensation for livestock culling during infectious disease outbreaks has been amended in line with a 2023 court ruling that found parts of the law unconstitutional. In May 2023, the court ruled that a clause in the Livestock Epidemic Prevention and [...]
SEOUL, July 23 (Korea Bizwire) — The Seoul Metropolitan Government announced Wednesday the deployment of 125 new “Digital Guides”—individuals tasked with assisting elderly citizens in using digital tools such as kiosks, mobile apps, and online ticketing systems at subway stations, welfare centers, and public parks. The new cohort, part of the city’s 7th class of Digital [...]