SEOUL, July 24 (Korea Bizwire) — South Korean households have saved an additional 100 trillion won (US$77.7 billion) or over during the COVID-19 pandemic from before the pandemic on reduced consumption and increased government support, a central bank report showed Monday. Excess savings made from 2020-2022 totaled between 101 trillion won and 129 trillion won, [...]
SEOUL, July 24 (Korea Bizwire) — Around half of occupational heat-related illness cases in South Korea have occurred in the construction industry, with outdoor workplaces contributing significantly to these instances, data showed Sunday. A total of 117 cases were approved as occupational heat-related illnesses from January 2018 to June of this year, and among them, [...]
SEOUL, July 23 (Korea Bizwire) — A Seoul court issued a warrant Sunday to arrest a man suspected of murdering one man and wounding three others in last week’s deadly stabbing rampage near Sillim subway station in southwestern Seoul. The Seoul Central District Court granted a warrant to arrest the 33-year-old suspect, surnamed Cho, on [...]
SEOUL, July 22 (Korea Bizwire) — The government raised its disaster readiness alert level up a notch Saturday, as the nation, still reeling from the aftermath of catastrophic torrential rains last week, braces for more heavy downpours in the coming days. According to the interior ministry, the disaster alert level for the central government’s Central [...]
SEOUL, July 22 (Korea Bizwire) – Police said Saturday they have received over 1,600 reports of suspicious international packages in the past three days across the nation amid concerns that the parcels might contain an unspecified hazardous material. Police said they have received a total of 1,647 reports related to the delivery of dubious parcels [...]
SEOUL, July 21 (Korea Bizwire) — Following a recent case of suicide committed by a young homeroom teacher at an elementary school in Seoul’s Seocho Ward, rumors are spreading that excessive complaints from parents led the teacher to take such extreme measures. Teachers have increasingly faced verbal and physical assaults from students’ parents, according to [...]
SEOUL, July 21 (Korea Bizwire) — The production and import of adult diapers is close to exceeding double the production and import of diapers for children due to the low birthrate and rapidly aging society, data showed Thursday. Last year’s supply of adult diapers, combining domestic production and imports, reached 107,129 tons, which was 1.8 [...]
SEOUL, July 21 (Korea Bizwire) — Around 30,000 people benefit every day from a new policy in Seoul that waives extra fees for reboarding the subway within 10 minutes after exiting. According to the Seoul Metropolitan Government and Seoul Metro, the total number of reboarding cases from July 1 to 16 reached 503,200, averaging 31,450 [...]
SEOUL, July 21 (Korea Bizwire) — About half of South Korean salary workers believe that their academic background influences company recruitment and work allocation, a survey showed Thursday. Incruit, a local online job placement portal, conducted a survey of 896 members, including 595 salary workers. When asked about whether companies consider academic background in recruitment, [...]
SEOUL, July 20 (Korea Bizwire) — South Korea’s whisky imports have surged this year, reaching a new high, data showed Wednesday. The volume of imported whisky amounted to 16,900 tons, marking a 50.9 percent increase compared to last year, and setting a new record, according to the data from the Korea Customs Service. The value [...]