SEOUL, Aug. 26 (Korea Bizwire) — South Korean overseas direct purchasers are turning towards Japan to enjoy more affordable prices amid the yen’s prolonged weakness. Shinhan Card Co., a major South Korean credit card company, said the number of settlements made by its customers for overseas direct purchases from Japan during the first seven months [...]
SEOUL, Aug. 25 (Korea Bizwire) — South Korea’s new COVID-19 cases stayed above 100,000 for the third straight day Thursday amid concerns over a resurgence of the omicron subvariant. The country added 113,371 new COVID-19 infections, including 369 from overseas, bringing the total caseload to 22,701,921, the Korea Disease Control and Prevention Agency (KDCA) said. [...]
SEOUL, Aug. 25 (Korea Bizwire) — An artist management company established by world famous singer Psy has come under investigation by the labor ministry over the death of an outsourced worker during the dismantling of facilities after a Psy concert, officials said Thursday. The ministry’s Gangwon Province branch office began a raid on P Nation’s [...]
SEOUL, Aug. 25 (Korea Bizwire) — Apartments in taller buildings are more expensive in the greater Seoul area, a real estate big data company said Wednesday. Real Estate R114 made a price comparison of 3,403,812 apartments in the greater Seoul area sorted by floor, which showed that the average apartment price in buildings that are [...]
SEOUL, Aug. 25 (Korea Bizwire) — Seoul’s affluent Gangnam District has the highest average salary per resident among all cities, counties and districts in the country, a lawmaker said Wednesday. Rep. Kim Hoi-jae of the main opposition Democratic Party analyzed the Annual National Tax Statistics report, which showed that each Gangnam resident made an average [...]
SEOUL, Aug. 25 (Korea Bizwire) — The employment of wage workers in South Korea achieved record high growth during the first quarter as the job market has recovered from the impact of the pandemic, data showed Thursday. The number of paid employee jobs came to 19.75 million in the cited period, up 752,000 from a [...]
SEOUL, Aug. 25 (Korea Bizwire) — The state human rights watchdog has submitted an opinion expressing the unconstitutionality of the military criminal code that punishes homosexuality in the military, officials said Thursday. The military criminal act, revised in 1962, prohibits same-sex relationships among military personnel, who are mostly male. The article states a maximum jail [...]
SEOUL, Aug. 24 (Korea Bizwire) — South Korea’s new daily COVID-19 cases stayed above 100,000 for the second straight day Wednesday amid concerns over a resurgence of the omicron subvariant. The country added 139,883 new COVID-19 infections, including 456 from overseas, bringing the total caseload to 22,588,640, the Korea Disease Control and Prevention Agency (KDCA) [...]
SEOUL, Aug. 24 (Korea Bizwire) — The unattended deaths of a poverty-stricken mother and two daughters in Suwon early this week raised the alarm about those struggling with hardships under the social welfare radar and a leaky welfare system that failed to locate and help them. The 60-something mother and her two daughters in their [...]
SEJONG, Aug. 24 (Korea Bizwire) — South Korea’s total fertility rate hit a record low last year as the number of childbirths continued to fall, data showed Wednesday, underscoring the country’s gloomy demographic situation. The country’s total fertility rate — the average number of children a woman bears in her lifetime — came to 0.81 [...]