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Alcohol, Private Lender Ads Getting Less TV Airtime

Alcohol, Private Lender Ads Getting Less TV Airtime

SEOUL, Oct. 19 (Korea Bizwire) — The number of TV ads for alcoholic beverages and private lenders dropped last year from the year before, records from the communications watchdog showed Friday, apparently as the ads were more broadly distributed to other outlets, such as mobile platforms. Some 19,158 alcohol-related commercials aired on terrestrial and cable [...]

Nearly 9 Trillion Won Spent to Treat Diseases from Bad Habits

Nearly 9 Trillion Won Spent to Treat Diseases from Bad Habits

SEOUL, Oct. 19 (Korea Bizwire) — Nearly 9 trillion won (US$7.92 billion) is spent a year to treat diseases caused by health-harming habits, data from the National Health Insurance Service showed Friday. Records provided for parliamentary audit showed the medical cost due to bad habits, such as smoking, drinking and obesity, amounted to 8.9 trillion [...]

46 pct of South Koreans Financially Unprepared for the Future

46 pct of South Koreans Financially Unprepared for the Future

SEOUL, Oct. 18 (Korea Bizwire) — Nearly half of all South Koreans say they are economically unprepared for life after retirement. According to a study conducted by the Korea Insurance Research Institute, 45.9 percent of 2,440 adults surveyed said that “they were not prepared economically for the final years of their lives.” Among respondents, 38.8 [...]

Taxi Drivers Ready to Wage War over Kakao’s Carpooling App

Taxi Drivers Ready to Wage War over Kakao’s Carpooling App

SEOUL, Oct. 18 (Korea Bizwire) — The upcoming launch of a carpooling service by Internet giant Kakao has sparked taxi drivers to consider taking drastic measures, including a strike, as the conflict continues to escalate. The carpooling service currently permitted by the government is validated by a clause in the transportation law that allows exceptions [...]

Yuhan-Kimberly Pushes for Policies that Protect Worker Rights

Yuhan-Kimberly Pushes for Policies that Protect Worker Rights

SEOUL, Oct. 18 (Korea Bizwire) — Yuhan-Kimberly Ltd. has decided to allow its employees working at call centers to discontinue services if they are physically or sexually harassed by customers. In addition, a resting lounge will be created to allow call center employees and other emotional laborers use such facilities to deal with the difficulties [...]