SEOUL, Nov. 24 (Korea Bizwire) — A long-running controversy over price-gouging at Seoul’s iconic Gwangjang Market has escalated into a legal battle, as brick-and-mortar shop owners move to sue street vendors for damages, arguing that repeated scandals have driven customers away and caused significant financial harm. According to interviews conducted by Yonhap News Agency, the Gwangjang [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korean authorities plan to expand a safety program for elderly drivers after new data showed more than 70 suspected pedal-misapplication incidents over a three-month period — all prevented by recently installed safety devices. According to the National Police Agency on Sunday, the Korea Transportation Safety Authority analyzed pedal-misoperation prevention [...]
SEOUL, Nov. 19 (Korea Bizwire) — A large majority of South Korean workers say the country’s labor market is fundamentally unequal, reflecting long-standing structural divides between large conglomerates and smaller firms, according to new research presented at a major labor conference in Seoul on Tuesday. The survey, released at the 30th-anniversary forum of the Federation [...]
SUWON, Nov. 19 (Korea Bizwire) — South Korean police have broken up a large network of illegal private lenders that preyed on low-income borrowers with usurious interest rates and aggressive collection tactics, authorities said Wednesday. The Gyeonggi Nambu Provincial Police Agency announced it had arrested 61 people connected to four criminal lending rings, including the alleged [...]
SEOUL, Nov. 19 (Korea Bizwire) — A large majority of South Korean workers in their 20s and 30s say the country should extend the legal retirement age, reflecting deepening economic anxieties and concerns about old-age security, according to a new survey released Wednesday. The poll, conducted by Remember & Company, which operates the professional networking [...]
SEOUL, Nov. 18 (Korea Bizwire) — South Korea is facing renewed public outrage over its drunk-driving laws after a series of fatal crashes — including the recent death of a Japanese tourist in Seoul — reignited anger over what many view as lenient punishments for offenders. The debate intensified after a Japanese user on the social [...]
SEOUL, Nov. 18 (Korea Bizwire) – The amount of so-called club drugs seized in South Korea has increased more than sevenfold over the past five years, customs authorities said Tuesday. A total of 115.9 kilograms of illegal substances, such as marijuana and ketamine, that are commonly used in nightclubs and other entertainment venues were confiscated [...]
SEOUL, Nov. 17 (Korea Bizwire) — South Korea’s long-term unemployment has climbed to its highest level in four years, driven largely by a surge in jobless young adults with university degrees, according to new government data released Sunday. The number of people who searched for work for more than six months but failed to secure a [...]
SEOUL, Nov. 16 (Korea Bizwire) — Seoul partially suspended operations of its new Hangang bus service on Sunday after a vessel ran aground near Jamsil Pier, prompting the rescue of more than 80 passengers and intensifying political scrutiny over the project’s safety record. The accident occurred at around 8:24 p.m. Saturday, when a river bus [...]
SEOUL, Nov. 16 (Korea Bizwire) – Police have apprehended over 3,000 suspects in connection with online sex crimes over the past year, with nearly half of them in their teens, officials said Sunday. The National Police Agency (NPA) has detected 3,411 online sexual abuse cases between November 2024 and October this year, effectively detaining 3,557 [...]