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Gangwon Province to Repay Legoland Korea Developer’s Debt by Dec. 15

Gangwon Province to Repay Legoland Korea Developer’s Debt by Dec. 15

CHUNCHEON, Oct. 27 (Korea Bizwire) – The Gangwon provincial government said Thursday it will fulfill its debt payment guarantee for the developer of Legoland Korea Resort by mid-December, over one month earlier than scheduled, to mitigate impact on the local financial market. “Our financial circumstances are not sufficient, but we will prepare the funds through [...]

More Than 400,000 Undocumented Immigrants in S. Korea: Data

More Than 400,000 Undocumented Immigrants in S. Korea: Data

SEOUL, Oct. 26 (Korea Bizwire) – The number of undocumented immigrants in South Korea has exceeded the 400,000 mark, data showed Tuesday. The Korea Immigration Service reported there were 2,172,000 foreigners residing in South Korea as of late September, up by 2.3 percent from August. Among them, 402,755 foreigners were undocumented and had failed to [...]

Night Hailing Fees for Taxies to Rise This Week

Night Hailing Fees for Taxies to Rise This Week

SEOUL, Oct. 26 (Korea Bizwire) — Late-night taxi hailing fee is going to become more expensive starting this week. The Ministry of Land, Infrastructure and Transport reported that night hailing fees will rise in accordance with government plans to alleviate nighttime taxi shortages announced earlier this month. Starting in early November, additional fees of up [...]

S. Korea Reports More than 40,000 COVID-19 Cases for 2nd Straight Day

S. Korea Reports More than 40,000 COVID-19 Cases for 2nd Straight Day

SEOUL, Oct. 26 (Korea Bizwire) — South Korea’s new COVID-19 cases stayed above 40,000 for the second straight day Wednesday, fanning concerns of a possible resurgence of the pandemic. The country reported 40,842 infections, including 81 from overseas, bringing the total caseload to 25,396,155, the Korea Disease Control and Prevention Agency (KDCA) said. The figure [...]

360,000 Young S. Koreans Take More than 3 Years to Get First Job

360,000 Young S. Koreans Take More than 3 Years to Get First Job

SEOUL, Oct. 25 (Korea Bizwire) — The number of young South Koreans who have spent more than three years finding their first job reached 360,000, data showed Monday. Among South Koreans between 15 and 29 years of age with employment experience after graduation, some 358,000 people had taken more than three years to get their [...]

S. Korea’s New COVID-19 Infections Bounce Back to Over 40,000 amid Resurgence Woes

S. Korea’s New COVID-19 Infections Bounce Back to Over 40,000 amid Resurgence Woes

SEOUL, Oct. 25 (Korea Bizwire) — South Korea’s new COVID-19 cases sharply bounced back to over 40,000 Tuesday, sharply rebounding after showing a gradual decline in the past week. The country reported 43,759 new COVID-19 infections, including 71 from overseas, bringing the total caseload to 25,355,350, the Korea Disease and Prevention Agency (KDCA) said. The [...]