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Court Mandates 4.5 Billion Won in State Compensation for 16 Victims of Brothers Welfare Center

Court Mandates 4.5 Billion Won in State Compensation for 16 Victims of Brothers Welfare Center

SEOUL, Jan. 31 (Korea Bizwire) – A Seoul court on Friday ordered the state to compensate victims of human rights abuses at a now-defunct detention facility for vagrants in the southeastern city of Busan, in the second such ruling recognizing state responsibility in the incident. The Seoul Central District Court ordered the state to pay [...]

Firefighter’s Vigilance Leads to Recall of Thousands of Vehicles Due to Faulty Wiring

Firefighter’s Vigilance Leads to Recall of Thousands of Vehicles Due to Faulty Wiring

YONGIN, Jan. 31 (Korea Bizwire) – A keen observation by a firefighter specializing in fire investigation has led to the discovery of a vehicle defect causing repeated fires in a specific part of Renault SM3 cars. Yang Won-seok, a fire marshal at the Yongin Fire Station under the Gyeonggi Province Fire and Disaster Headquarters, first noticed [...]

South Korea’s Advanced Industries Face Talent Crisis Amid Surge in Medical School Enrollment

South Korea’s Advanced Industries Face Talent Crisis Amid Surge in Medical School Enrollment

SEOUL, Jan. 31 (Korea Bizwire) – In South Korea, a significant talent drought in cutting-edge industries has been exacerbated by an increasing number of students flocking to medical schools. Semiconductor industry analysts, in particular, have voiced concern that the shortage of skilled workers is reaching a critical level, endangering the very existence of some companies. The [...]

Majority of Solo Dwellers at Risk of Dying Alone, Study Finds

Majority of Solo Dwellers at Risk of Dying Alone, Study Finds

SEOUL, Jan. 30 (Korea Bizwire) – A recent analysis has revealed that 80% of individuals living alone are at risk of ‘lonely death’, with one in four to five solo dwellers being classified as in the ‘medium to high-risk’ group. This finding comes from a survey conducted by the Korea Institute for Health and Social Affairs [...]

Soldiers Plan to Save Over 10 Million Won During Military Service for Post-Discharge Travel

Soldiers Plan to Save Over 10 Million Won During Military Service for Post-Discharge Travel

SEOUL, Jan. 30 (Korea Bizwire) – A recent survey has revealed that soldiers are aiming to save over 10 million won during their military service, with plans to spend the money on travel after their discharge. The survey, conducted by the Ministry of National Defense’s Kookbang Ilbo through the app ‘The Camp’ from January 13 to [...]

Plastic Surgery and Dermatology Clinics in South Korea See Surge in Doctors Over the Past Decade

Plastic Surgery and Dermatology Clinics in South Korea See Surge in Doctors Over the Past Decade

SEOUL, Jan. 29 (Korea Bizwire) – Over the last 10 years, the number of doctors working at plastic surgery clinics has nearly doubled, marking a significant increase in this specialty within primary healthcare facilities in South Korea. Dermatology clinics, another popular medical field, have also seen a notable rise in the number of physicians, with a [...]

High Taxes and Social Perceptions Challenge Family Business Succession Among Export Companies

High Taxes and Social Perceptions Challenge Family Business Succession Among Export Companies

SEOUL, Jan. 29 (Korea Bizwire) – Executives of export companies believe that family business succession is crucial for the sustainability and responsible management of their enterprises. However, a recent study reveals that due to heavy tax burdens and negative social perceptions, many are contemplating selling or shutting down their businesses.  A report from the Korea International [...]

K-Drama Industry Faces Challenges as Productions Decline

K-Drama Industry Faces Challenges as Productions Decline

SEOUL, Jan. 29 (Korea Bizwire) – In media appearances following the conclusion of dramas, actors have frequently stated that they haven’t decided on their next project yet. This common response is often followed by the explanation that the production of new dramas is on the decline.  The Korean drama industry is facing concerns of contraction due [...]