SEOUL, March 28 (Korea Bizwire) — A new government report has revealed a growing polarization in housing among young South Koreans in their early 30s, with more individuals shifting either into monthly rentals or homeownership—while the once-dominant jeonse (lump-sum deposit lease) model continues to decline. Published Wednesday by Statistics Korea’s National Statistical Research Institute, the [...]
SEOUL, March 28 (Korea Bizwire) — A new government study has revealed that South Korean women born in the 1980s and later have achieved higher rates of tertiary education than their male counterparts, marking a significant shift in educational demographics. The research, released on March 27 by Statistics Korea’s Statistics Research Institute, examines educational attainment, [...]
YEONGDEOK, March 28 (Korea Bizwire) — In a devastating blow to South Korea’s premier pine mushroom producing region, residents of Samhwa-2 village in Yeongdeok County, North Gyeongsang Province, are grappling with concerns about their fall harvest following a massive wildfire that swept through the area. “This village is the country’s largest pine mushroom production site, [...]
DAEGU, March 26 (Korea Bizwire) — A growing number of South Korean local governments are implementing a “lunchtime closure” policy at public offices, sparking a national debate over the balance between public service efficiency and workers’ right to rest. Under the system, civil service counters close entirely from 12 p.m. to 1 p.m., giving staff uninterrupted [...]
CHEONGJU, South Korea, March 26 (Korea Bizwire) — As wildfires continue to spread across South Korea this spring, local government officials and forest fire patrol officers are working around the clock, battling not only flames but growing exhaustion. In Naesu-eup, a rural district of Cheongju, 73-year-old forest fire watcher Lee Sang-bok begins his day as [...]
SEOUL, March 26 (Korea Bizwire) — As South Korea’s medical school boycott stretches beyond its first year, frustration is mounting across university campuses over what many students view as unprecedented leniency toward their peers in medical schools. “There’s nothing that puts medical students above the law, so why are they getting such special treatment?” says [...]
SEOUL, March 26 (Korea Bizwire) — Political polarization remains the most pressing social conflict in South Korea, according to the 2024 Korean Social Indicators report released by Statistics Korea on Tuesday. The report, reflecting data from the previous year, highlights growing concerns over social isolation and widening disparities, alongside shifts in education, housing, and health [...]
SEOUL, March 26 (Korea Bizwire) — The death toll from a wave of wildfires that tore through southeastern region has risen to 18, with one person missing, forest service officials said Wednesday, as firefighters still battled to contain the rapidly spreading blazes. The fires that began in Sancheong County in South Gyeongsang Province last Friday [...]
SEOUL, March 26 (Korea Bizwire) — South Korea’s major business groups have stepped up to support relief and recovery efforts for residents affected by recent wildfires in the country’s southeastern region, they said Wednesday. Hyundai Motor Group said it has donated 2 billion won (US$1.26 million) to aid the recovery in the areas hit by [...]
SEOUL, March 26 (Korea Bizwire) — A South Korean court has ordered an examination of vehicle component data in a high-profile lawsuit involving an apartment security guard who crashed a Mercedes-Benz while moving the vehicle for parking management. The case centers on allegations of sudden unintended acceleration. On Tuesday, Judge Jeong Sun-hee of the Seoul [...]