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Samsung Expands Six-Day Workweek for Executives Across Affiliates

Samsung Expands Six-Day Workweek for Executives Across Affiliates

SEOUL, April 17 (Korea Bizwire) – The practice of having executives work six days a week, previously limited to some divisions at Samsung Electronics, is now spreading to other Samsung affiliates, according to industry sources. At Samsung Electronics, executives in certain departments like development and support have been working a six-day week. Now, electronic affiliates such [...]

Environmental Groups Urge South Korea to Take Lead on Binding Global Plastics Treaty

Environmental Groups Urge South Korea to Take Lead on Binding Global Plastics Treaty

SEOUL, Apr. 17 (Korea Bizwire) – As negotiations for a legally binding global plastics treaty enter a crucial phase, environmental organizations in South Korea are calling on the government to play a more assertive role in pushing for ambitious measures to tackle the plastic pollution crisis.  At a news conference in Seoul on April 15, a [...]

13,000 Medical Students to Seek Injunction against Medical School Quota Hike

13,000 Medical Students to Seek Injunction against Medical School Quota Hike

SEOUL, Apr. 17 (Korea Bizwire) — Some 13,000 medical students plan to collectively seek court injunctions to halt their schools’ expansion of admission quotas, a lawyer said Wednesday, as the walkout by protesting trainee doctors continued for nearly two months. The injunction requests will be filed next Monday by students from 32 medical schools outside [...]

Single-person Households Inch Up to 33.6 Pct in 2023: Survey

Single-person Households Inch Up to 33.6 Pct in 2023: Survey

SEOUL, Apr. 17 (Korea Bizwire) — Single-person households accounted for 33.6 percent of all households last year, up 3.2 percentage points from three years ago, with more people complaining of loneliness and difficulty dealing with emergencies or sickness alone, data showed Wednesday. Those who responded positively about living alone without marriage also jumped from 34 [...]

Gender Gap Persists in South Korea’s National Pension System Despite Rise in Female Recipients

Gender Gap Persists in South Korea’s National Pension System Despite Rise in Female Recipients

SEOUL, Apr. 16 (Korea Bizwire) — While the number of women benefiting from South Korea’s national pension system has steadily increased, a substantial gender gap remains when compared to their male counterparts, highlighting the need for further progress. According to data from the National Pension Service, the number of female subscribers reached 10.15 million as of [...]

Young South Koreans Voice Deep Distrust of National Pension Plan

Young South Koreans Voice Deep Distrust of National Pension Plan

SEOUL, Apr. 15 (Korea Bizwire) — More than 7 in 10 South Koreans in their 20s and 30s profess a lack of confidence in the national pension system, citing concerns over population decline and the potential depletion of funds, according to a government study released on April 14.  The Korean Women’s Development Institute surveyed 1,152 people [...]

Majority of South Koreans in 20s and 30s Remain Financially Dependent on Parents

Majority of South Koreans in 20s and 30s Remain Financially Dependent on Parents

SEOUL, Apr. 15 (Korea Bizwire) — A striking 8 out of 10 South Koreans in their 20s and 30s have yet to achieve financial independence from their parents, according to a recent survey by the job platform Jinhaksa Catch. The respondents cited a lack of stable income due to employment challenges as the primary reason for [...]

LGBTQ Festival Denied Permission to Use Seoul Plaza

LGBTQ Festival Denied Permission to Use Seoul Plaza

SEOUL, Apr. 12 (Korea Bizwire) — The Seoul city government decided Friday to allow an outdoor reading event to be held at Seoul Plaza in front of City Hall on May 31, effectively rejecting the request of an annual LGBTQ festival there. The LGBTQ festival was one of three events that sought to use the [...]