SEOUL, Sept. 18 (Korea Bizwire) — Mobile phone spam in South Korea reached a record high through August, despite ongoing government efforts to curb unwanted messages and advertisements, parliamentary data showed Wednesday. From January to August, 280.4 million spam messages and calls were reported or detected by the Korea Internet & Security Agency (KISA), up [...]
SEOUL, Sept. 18 (Korea Bizwire) — Excess funds held by South Korean households has fallen for eight quarters in a row amid high inflation and interest rates, data showed Wednesday. The monthly surplus of a local household came to 1.01 million won (US$753.3) per month on average in the second quarter, down 1.7 percent from [...]
SEOUL, Sept.17 (Korea Bizwire) – The National Police Agency of South Korea has closed over 200 police substations (police box or police stand) since announcing a nationwide closure plan last October, according to recent data. The closures, which have disproportionately affected Seoul, reflect an apparent sensitivity to concerns about potential security gaps in certain areas. Representative [...]
SEOUL, Sept.17 (Korea Bizwire) – As South Korea celebrates its annual Chuseok harvest festival, a group of domestic workers from the Philippines, part of a new government initiative to address the country’s low birth rate, finds itself at a cultural crossroads. The program, launched on September 3 by the Ministry of Employment and Labor in conjunction [...]
SEOUL, Sept. 17 (Korea Bizwire) – Smoking accounted for more than 80 percent of in-flight illegal acts reported by South Korea’s 10 carriers in the past five years, government data showed Tuesday. In the five years through July this year, 1,509, or 80.8 percent, out of 1,868 illegal acts were related to smoking onboard, according [...]
SEOUL, Sept. 14 (Korea Bizwire) – As South Korea grapples with an unprecedented pace of population aging, coupled with trends towards longer life spans with chronic illnesses and an increase in single-person households, the need for individuals to prepare for their own elder care is becoming increasingly urgent. On September 12, the Korea Life Insurance Association [...]
SEOUL, Sept. 12 (Korea Bizwire) – In a bid to boost employee morale and bridge generational gaps, several South Korean companies are turning to an unlikely source: e-sports tournaments. These in-house gaming competitions are becoming increasingly popular as a means to promote teamwork and create a more relaxed corporate culture. Hyundai Wia, a leading automotive parts [...]
SEOUL, Sept. 12 (Korea Bizwire) — Prime Minister Han Duck-soo on Thursday strongly denounced a “blacklist” of emergency room doctors drawn up to name and shame those not participating in the walkout by junior doctors, vowing to take stern action against those responsible. The list contains personal information and malicious comments about emergency room physicians [...]
SEJONG, Sept. 12 (Korea Bizwire) – The family of the late Kim Jung-ju, founder of the gaming giant Nexon, has completed the payment of their inheritance tax, estimated at over 5 trillion won, drawing attention to its potential impact on South Korea’s tax revenue. However, the actual cash contribution to the national coffers is expected to [...]
GIMCHEON, Sept.11(Korea Bizwire) – Korea Expressway Corporation (KXCO) announced on Wednesday that it had conducted a nationwide crackdown on vehicles with unpaid tolls, taxes, and fines, in collaboration with local governments and police agencies. The operation utilized artificial intelligence (AI) technology at eight major toll gates across the country. The crackdown involved 70 personnel tasked with [...]