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Court Orders Demolition of Café Mimicking Award-Winning Building

Court Orders Demolition of Café Mimicking Award-Winning Building

SEOUL, Sept. 21 (Korea Bizwire) – A South Korean court has ordered the demolition of a café building in Ulsan that imitated a famous award-winning café building in Gijang, Busan. The 11th Civil Chamber of the Seoul Western District Court ruled partially in favor of Kwak Hee-soo, the head of IDMM Architects, who filed a compensation suit [...]

SMEs Struggle with Tech Theft, Lack of Government Support

SMEs Struggle with Tech Theft, Lack of Government Support

SEOUL, Sept. 21 (Korea Bizwire) – More than four out of 10 small and medium-sized enterprises (SMEs) that have filed patent applications have suffered damages from technology theft but did not take separate measures due to difficulty in verifying the extent of the damages.  The Korea Federation of Small and Medium Business conducted a ‘Policy Demand [...]

Greenpeace to Submit Constitutional Petition Urging Climate Disclosure Requirements for Corporations

Greenpeace to Submit Constitutional Petition Urging Climate Disclosure Requirements for Corporations

SEOUL, Sept. 20 (Korea Bizwire) – Greenpeace, a non-governmental environmental organization, said Wednesday it will file a constitutional petition urging the adoption of a system that requires listed companies to disclose information on their response to climate change. The petition, joined by 167 people as petitioners, will be submitted to the Constitutional Court later in [...]

Lamborghini Driver Suspect Sent to Prosecutors over Parking Dispute in Gangnam

Lamborghini Driver Suspect Sent to Prosecutors over Parking Dispute in Gangnam

SEOUL, Sept. 20 (Korea Bizwire) — A 30-year-old man accused of threatening a driver with a knife over a parking dispute last week was referred to prosecutors for further investigation, police said Wednesday. The suspect, identified only by his surname Hong, was formally arrested last Wednesday for allegedly revealing to the driver a sashimi knife, [...]

24 Teachers Apprehended for Illegally Distributing Exam Questions to Private Educators

24 Teachers Apprehended for Illegally Distributing Exam Questions to Private Educators

SEOUL, Sept. 19 (Korea Bizwire) – Twenty-four high school teachers have been caught selling exam questions to private academies before or after serving as test makers for the College Scholastic Ability Test (CSAT) and mock CSAT exams in violation of the current laws, the education ministry said Tuesday. The ministry said it will file criminal [...]

Cross-border Shopping from S. Korean Consumers Nearly Tripled from 2018 to 2022: Data

Cross-border Shopping from S. Korean Consumers Nearly Tripled from 2018 to 2022: Data

SEOUL, Sept. 19 (Korea Bizwire) — Direct purchases South Koreans made from overseas almost tripled over the past four years, data from the Korea Customs Service showed Tuesday. According to the data submitted to Rep. Han Byung-do of the main opposition Democratic Party, South Korean shoppers made about 96,120,000 cross-border purchases online in 2022, up [...]