SEOUL, July 10 (Korea Bizwire) — South Korea is weighing a significant pension reform that could bring platform workers — such as food delivery riders and chauffeur-for-hire drivers — under the same pension contribution scheme as regular employees, with their platforms potentially covering half of their premiums. A new report released Tuesday by the National [...]
JECHEON, July 10 (Korea Bizwire) — As South Korea grapples with intensifying summer heatwaves, livestock farmers are sounding the alarm over rising animal deaths and declining productivity, highlighting the toll of climate change on the agricultural sector. In Jecheon City, North Chungcheong Province, farmer Won Jang-yeon looked on with concern as the digital thermometer in [...]
YOUNGDEOK, July 10 (Korea Bizwire) — What was once dubbed the “lottery of the sea” has become a costly dilemma for South Korean fishermen along the country’s eastern coast. A surge in bluefin tuna catches, driven by changing sea temperatures, is clashing with outdated government-imposed fishing quotas, forcing fishermen to discard valuable catches — and [...]
SEOUL, July 9 (Korea Bizwire) — A court hearing on whether to issue an arrest warrant for former President Yoon Suk Yeol over charges related to his failed attempt to impose martial law ended Wednesday after nearly seven hours. The hearing at the Seoul Central District Court ran from about 2:20 p.m. to 9 p.m., [...]
SEOUL, July 9 (Korea Bizwire) — The labor union of GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., plans to stage a partial strike this week, as it has failed to narrow differences with management in ongoing wage negotiations, union officials said Wednesday. Unionized workers will stage two-hour walkouts across [...]
SEOUL, July 9 (Korea Bizwire) — Russia’s Foreign Minister Sergei Lavrov will visit North Korea later this week, the North’s state media reported Wednesday. Lavrov will visit North Korea from Friday to Sunday at the invitation of the North Korean foreign ministry, the Korean Central News Agency said, without providing further details. Once in North [...]
SEOUL, July 9 (Korea Bizwire) — The Navy said Wednesday it plans to begin flight training for the P-3C maritime patrol aircraft this week, as part of preparations to resume operations of the aircraft that had been grounded following a fatal crash in May. A Navy P-3CK patrol plane crashed on a mountain in Pohang, [...]
SEOUL, July 9 (Korea Bizwire) — As climate change intensifies, its psychological toll—ranging from anxiety to trauma—is emerging as a critical public health issue, prompting experts in South Korea to call for an integrated mental health support system. At the Climate Health Forum hosted by the Korea Disease Control and Prevention Agency (KDCA) and the [...]
SEOUL, July 8 (Korea Bizwire) — A special counsel team raided the national police agency as well as the offices and homes of current and former lawmakers Tuesday as part of its investigation into corruption allegations involving former first lady Kim Keon Hee, legal sources said. In a statement to the media, the team said [...]
SEOUL, July 8 (Korea Bizwire) – South Korea will host a meeting of energy ministers of the Asia-Pacific Economic Cooperation (APEC) member nations in the southeastern port city of Busan next month, the government said Tuesday. The APEC energy ministers’ meeting will take place from Aug. 27-28 in Busan, located 325 kilometers southeast of Seoul, [...]