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South Korea Moves to Outlaw Homemade Guns After Patricide in Songdo

South Korea Moves to Outlaw Homemade Guns After Patricide in Songdo

INCHEON, July 23 (Korea Bizwire) — In the wake of a shocking patricide involving a homemade gun in Incheon’s Songdo district, a South Korean lawmaker has announced plans to introduce legislation aimed at closing loopholes around illegal firearm production and distribution. Rep. Jung Il-young of the Democratic Party said Monday he will soon propose revisions to [...]

R&D Tops Entry-Level Salary Rankings, While Media and PR Trail Behind

R&D Tops Entry-Level Salary Rankings, While Media and PR Trail Behind

SEOUL, July 23 (Korea Bizwire) — In South Korea, new graduates entering research and development roles earn the highest starting salaries, while those in media and public relations receive the lowest, according to a new analysis by career platform JobPlanet. JobPlanet analyzed 1.42 million salary records collected from employment insurance data and ranked job categories [...]

AI Textbooks Lose ‘Official’ Status as Seoul Reclassifies Them as Educational Aids

AI Textbooks Lose ‘Official’ Status as Seoul Reclassifies Them as Educational Aids

SEOUL, July 22 (Korea Bizwire) — South Korea’s National Assembly Judiciary Committee on Monday passed a controversial bill that would strip artificial intelligence (AI) digital textbooks of their official status as “textbooks,” reclassifying them instead as general “educational materials.” The move marks a significant challenge to one of former President Yoon Suk Yeol’s flagship education [...]

Hanwha Aerospace Positioned to Lead S. Korea-U.S. Helicopter MRO project: Company Official

Hanwha Aerospace Positioned to Lead S. Korea-U.S. Helicopter MRO project: Company Official

SEOUL, July 22 (Korea Bizwire) — Hanwha Aerospace Co. is well positioned to lead maintenance, repair and overhaul (MRO) operations for the U.S. Army’s CH-47 Chinook helicopter engines under a new South Korea-U.S. defense cooperation pilot project, a company official said Tuesday Earlier in the day, South Korea’s defense ministry announced that the two countries [...]

3 Korean Films to Have World Premieres at Toronto Film Fest

3 Korean Films to Have World Premieres at Toronto Film Fest

SEOUL, July 22 (Korea Bizwire) – Three Korean films are set to have their world premieres at this year’s Toronto International Film Festival (TIFF), the festival’s organizers said Tuesday. According to the TIFF’s website, Yeon Sang-ho’s “The Ugly,” Lee Hwan’s “Project Y” and Byun Sung-hyun’s “Good News” will all be screened in the prestigious Special [...]

Lee Calls For  Measures To Boost Consumption, Curb Inflation

Lee Calls For Measures To Boost Consumption, Curb Inflation

SEOUL, July 22 (Korea Bizwire) — President Lee Jae Myung on Tuesday called on the government to ramp up efforts to boost domestic consumption alongside universal cash handouts, while also ensuring inflation is kept in check. Lee made the remarks during a Cabinet meeting as the government began issuing cash handouts, called “consumption coupons,” following [...]

‘Ghost Children’ No More: Korea’s Protected Birth System Reduces Infant Abandonment

‘Ghost Children’ No More: Korea’s Protected Birth System Reduces Infant Abandonment

SEOUL, July 21 (Korea Bizwire) — One year after South Korea implemented a program allowing pregnant women in crisis to give birth under pseudonyms, 109 women have utilized the service, and 171 others have opted to raise their children following state-supported counseling, according to the Ministry of Health and Welfare. The program, known as the [...]

Special Counsel Summons Ex-President Yoon, Ex-First Lady Kim To Appear For Questioning

Special Counsel Summons Ex-President Yoon, Ex-First Lady Kim To Appear For Questioning

SEOUL, July 21 (Korea Bizwire) — A special counsel team said Monday it has summoned former President Yoon Suk Yeol and former first lady Kim Keon Hee to appear for questioning over allegations of election interference and other irregularities. Special counsel Min Joong-ki’s team sent a summons to the Seoul Detention Center where Yoon is [...]