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Fear Spreads in Korean Communities with Trump’s Immigration Policies

Fear Spreads in Korean Communities with Trump’s Immigration Policies

SEOUL, Feb. 23 (Korea Bizwire) – President Donald Trump’s headstrong approach towards immigration is spreading fear in Korean communities in the United States.  According to local civic organizations assisting Korean immigrants – including the Los Angeles Korean Resource Center, Hana Center in Chicago, and the Illinois Association of Korean Education – the number of phone [...]

Government Deliberates New Plans for Low-Income Households amid Soaring Debt

Government Deliberates New Plans for Low-Income Households amid Soaring Debt

SEJONG, Feb. 21 (Korea Bizwire) – The South Korean government is planning on new measures to support the livelihood of low-income families, who are among those suffering the most from the country’s recent economic struggles.  According to officials, South Korea’s household credit jumped by 11.7 percent in 2016 compared to the year prior, setting a [...]

China Delaying Customs Clearance of Textbooks to Set Back Classes at S. Korean Schools

China Delaying Customs Clearance of Textbooks to Set Back Classes at S. Korean Schools

SHENYANG, China, Feb. 21 (Korea Bizwire) – Chinese authorities have delayed the customs clearance of textbooks to be used at South Korean schools in China, pushing back the schools’ classes for the new academic semester, sources with knowledge of the matter said Tuesday. South Korean residents expressed concerns that the postponement of the customs clearance [...]

Retirement Plans Losing Luster with Dismal Returns

Retirement Plans Losing Luster with Dismal Returns

SEOUL, Feb. 20 (Korea Bizwire) – Retirement plans are losing their credibility with below par rates of return.  According to official data from four official bodies representing institutions offering retirement plans – the Korea Federation of Banks, the Korea Life Insurance Association, the General Insurance Association of Korea, and the Korea Financial Investment Association – [...]

Koreans Change Perspective on Divorce, Living Together Before Marriage

Koreans Change Perspective on Divorce, Living Together Before Marriage

SEOUL, Feb. 17 (Korea Bizwire) – In a sign of a shift away from a once highly conservative society, more Koreans are growing comfortable with the idea of divorce, and living together before tying the knot.  Researchers from the Korea Institute of Health and Social Affairs, Seoul National University (Institute for Social Development and Policy [...]

70 Percent of People Call for Renegotiation of Seoul-Tokyo Deal on ‘Comfort Women’: Survey

70 Percent of People Call for Renegotiation of Seoul-Tokyo Deal on ‘Comfort Women’: Survey

SEOUL, Feb. 17 (Korea Bizwire) – South Koreans’ calls for the renegotiation of a 2015 Seoul-Tokyo deal on Japan’s sexual enslavement of Korean women during World War II have been rising amid the rekindling of a row between the two countries over symbols of the victims, according to poll results released by Gallup Korea on [...]