SEOUL, Jan. 11 (Korea Bizwire) — South Korea reported the largest job additions in more than 20 years in 2022, data showed Wednesday, as the country gradually returned to pre-pandemic normalcy. The number of employed people came to 28.08 million in 2022, up 816,000 from a year earlier, according to the data compiled by Statistics [...]
SEOUL, Jan. 11 (Korea Bizwire) — Marrying couples in South Korea in their 30s have become more common at wedding halls than those in their 20s, a statistics agency said Tuesday. About 193,000 couples got married in 2021 with 157,000 weddings involving wives getting married for the first time, according to Statistics Korea. Sorted by [...]
SEOUL, Jan. 10 (Korea Bizwire) — An unexpected boom of voluntary retirement is spreading across the South Korea’s banking industry, which has seen a major surge in profits in the last couple of years. KB Kookmin Bank received some 730 applications for voluntary retirement recently, up by more than 50 applications since January of last [...]
CHANGWON, Jan. 10 (Korea Bizwire) – Police have arrested individuals responsible for setting up an unregistered pharmacy inside a residential apartment and selling drugs illegally. The Gyeongnam Provincial Police Agency arrested a 20-year-old Thai national for the illegal distribution and sale of drugs online and indicted 12 others including a pharmacist responsible for supplying the drugs. The [...]
SEOUL, Jan. 10 (Korea Bizwire) — South Korea’s new COVID-19 cases fell to the lowest Tuesday tally in 10 weeks in a sign of a downturn in the virus’ spread. The country reported 60,041 new COVID-19 infections, including 87 cases from overseas, bringing the total caseload to 29,599,747, the Korea Disease Control and Prevention Agency [...]
SEOUL, Jan. 10 (Korea Bizwire) — Seoul Metro, the operator of the subway system in Seoul, has filed a damages suit against a disability rights advocacy group over its subway-riding protests, city officials said Tuesday. The city-run company filed the suit with the Seoul Central District Court on Friday seeking damages of 601.45 million won [...]
JEJU, Jan. 10 (Korea Bizwire) — The provincial government of Jeju Island said Monday it will install a total of 16,431 street lamps and security lights along major roadsides by 2025 at a cost of 66.9 billion won (US$54 million). The province will also earmark 31.1 billion won to upgrade 4,166 street lamps and security [...]
SEOUL, Jan. 10 (Korea Bizwire) — A low birthrate and aging population are creating a demographic cliff, pushing rural and fishing villages to the brink of extinction. A rural village in Goesan County, North Chungcheong Province is home to 45 households, all of which work as farmers. There are three or four farmers in their [...]
SEOUL, Jan. 10 (Korea Bizwire) — South Korea’s major IT companies are strengthening in-house cafeteria service as part of efforts to improve their welfare systems as well as to minimize the resistance of employees following the abolition of work-at-home policies. Gaming giant Nexon Co., for instance, plans to expand its internal cafeterias. The company’s workforce [...]
SEOUL, Jan. 10 (Korea Bizwire) — The issue of corruption in military conscription has resurfaced in the public eye following the arrest of individuals who falsely claimed to be suffering from epilepsy in order to evade their mandatory military service. A variety of methods have been used to avoid mandatory military service, in addition to [...]