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Stories of Couples Opting for Vasectomies Before Marriage Add to Concerns Over Low Birthrate

Stories of Couples Opting for Vasectomies Before Marriage Add to Concerns Over Low Birthrate

BUSAN, Oct. 20 (Korea Bizwire) – A conference titled ‘Marriage Is’ was held by the Busan Woman NGO Federation on October 20 in Busan, where 200 men and women of marriageable age, led by an expert from the Busan Women and Family Development Institute (BWFDI), participated in a wide-ranging discussion on the current challenges surrounding [...]

Semiconductor Boom Leading to Increased Industrial Investment, but Employment Still Lagging Behind

Semiconductor Boom Leading to Increased Industrial Investment, but Employment Still Lagging Behind

SEOUL, Oct. 20 (Korea Bizwire) – Details of a report from the Bank of Korea released October 19 indicate that the recent boom in semiconductor manufacturing for domestic companies has led to increased plant and equipment investment, while employment figures remain nearly constant. The report identified the periods between the fourth quarters of 2002 and [...]

South Korea’s Tax Rate 5th Highest Among Major Economies Under Moon Administration’s Plan

South Korea’s Tax Rate 5th Highest Among Major Economies Under Moon Administration’s Plan

SEOUL, Oct. 20 (Korea Bizwire) — South Korea’s tax rate will rise to be the fifth highest among major economies if the incumbent Moon Jae-in administration follows through on its plans to collect more dues from very big companies, an opposition lawmaker said Friday. The government and the ruling Democratic Party have said they will [...]

Chinese Temporary Residents Buy Up Expensive Drugs at a Discount; South Korea Pays the Rest

Chinese Temporary Residents Buy Up Expensive Drugs at a Discount; South Korea Pays the Rest

SEOUL, Oct. 19 (Korea Bizwire) – A National Health Insurance Service (NHIS) report submitted to the National Assembly’s Health and Welfare Committee on October 18 revealed that from 2013 through September of this year, the NHIS subsidized 18.9 billion won in hepatitis C treatment for foreign nationals. From 2013 to 2015, annual subsidies ranged from [...]