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S. Korean Firms Prefer Reemploying Seniors Over Retirement: Survey

S. Korean Firms Prefer Reemploying Seniors Over Retirement: Survey

SEOUL, July 11 (Korea Bizwire) — South Korean firms prefer to reemploy seniors instead of simply letting them retire, a major business association said Monday. The Korea Enterprises Federation conducted a survey of 1,047 companies employing over 30 individuals, of which 67.9 percent expressed a preference for reemploying retiring personnel. In contrast, 25 percent chose [...]

Unfit Individuals Mistakenly Enlisted in Military Due to Examination Errors

Unfit Individuals Mistakenly Enlisted in Military Due to Examination Errors

SEOUL, July 11 (Korea Bizwire) — A number of individuals unfit for military service were erroneously enlisted due to errors in their physical examinations. The Military Manpower Administration (MMA) said that four individuals unfit for military service were mistakenly enlisted due to errors in their physical examinations, which took place between 2016 and April of [...]

S. Koreans Purchase Radiation Meters amid Fukushima Water Discharge

S. Koreans Purchase Radiation Meters amid Fukushima Water Discharge

SEOUL, July 11 (Korea Bizwire) — With Japan’s impending discharge of contaminated water from its crippled Fukushima plant into the ocean, an increasing number of South Korean citizens and small businesses are purchasing radiation meters through online channels. Currently, several online shopping malls offer a variety of portable radiation meters for sale. These devices are [...]

Controversy Surrounds Municipalities’ Matchmaking Events as Birthrate Declines

Controversy Surrounds Municipalities’ Matchmaking Events as Birthrate Declines

SEOUL, July 10 (Korea Bizwire) — Controversy is looming over the efforts of local governments to hold ‘matchmaking’ events as a solution to the pervasive low birthrate. The Saha District in Busan announced on Sunday that it will host a matchmaking event next year to address the low marriage and birthrate problems. Similarly, the municipality [...]

Lost Foreign Climbers Rescued Safely with the Help of National Police Agency’s 112 Interpretation Service

Lost Foreign Climbers Rescued Safely with the Help of National Police Agency’s 112 Interpretation Service

CHUNCHEON, July 6 (Korea Bizwire) —Two French nationals in their early 20s who had become lost on Wednesday while descending Samaksan Mountain in Chuncheon were able to descend safely, thanks to the National Police Agency’s 112 interpretation service, as reported by the Gangwon Special Self-Governing Province Police Agency on July 6. Upon confirming that the [...]

60-somethings Lead in New Car Registrations in H1: Data

60-somethings Lead in New Car Registrations in H1: Data

SEOUL, July 6 (Korea Bizwire) — Compared to other age groups, individuals in their 60s experienced the highest growth in the number of new car registrations during the first half of this year, indicating a strong demand for the establishment of new businesses with limited capital. According to local market tracker CarIsYou, the number of [...]