SEOUL, Aug. 26 (Korea Bizwire) – The combined debt of the South Korean government and households has surged past 3 quadrillion won for the first time, according to recent data from the Ministry of Economy and Finance and the Bank of Korea. This milestone, reached at the end of the second quarter, equates to 127% of [...]
SEOUL, Aug. 23 (Korea Bizwire) – A comprehensive study released by South Korea’s Ministry of Health and Welfare on August 22 paints a sobering picture of the challenges faced by individuals with mental illness and their families, revealing high rates of hospitalization, suicidal thoughts, and social stigma. The survey, conducted by the Korea Institute for Health [...]
SEOUL, Aug. 23 (Korea Bizwire) — The number of heat-related patients has exceeded 3,000 so far this year, as scorching heat continues to sweep across the nation, health authorities said Friday. The total number of such patients had reached 3,019 as of Wednesday since May 20, when the government began monitoring cases for the year, [...]
SEOUL, Aug. 23 (Korea Bizwire) — A short circuit or other electrical causes are believed to have sparked a fire at a hotel in Bucheon, west of Seoul, a fire official said Friday, after the tragedy left seven dead and a dozen others injured. Cho Seon-ho, chief of the Gyeonggi-do Fire Services, made the remark [...]
SEOUL, Aug. 23 (Korea Bizwire) – In the wake of heightened safety concerns, partly sparked by an incident involving Suga, a member of the K-pop group BTS, South Korean lawmakers are pushing for stricter regulations on the use of personal mobility devices (PMDs) such as electric scooters and kickboards. Several bills have been introduced in the [...]
SEOUL, Aug. 22 (Korea Bizwire) – The family of a Chinese man who died at an immigration detention center filed a lawsuit seeking state compensation Thursday, claiming their loved one died because he did not receive proper treatment for chronic illnesses. The ethnic Korean from China, 43 at the time, died on Jan. 1, just [...]
INCHEON, Aug. 22 (Korea Bizwire) –“Normal life still feels far away,” sighed an individual referred to only as Hwang, 44, as he sat in a temporary shelter at the Korean Red Cross Northwest Service Center in Cheongna-dong, Seo-gu, Incheon. It’s been nearly three weeks since an electric vehicle fire in an apartment complex forced hundreds [...]
CHANGWON, Aug. 22 (Korea Bizwire) –With the number of foreign residents in South Korea inching past 2.5 million, marking the country’s transition into a multicultural society, a groundbreaking association of foreign-born entrepreneurs is set to launch next week in the southern Gyeongnam region. According to the Gyeongnam Migrants Community Center, approximately 120 naturalized citizens and [...]
SEOUL, Aug. 21 (Korea Bizwire) – South Korea needs to consider accepting more foreign workers to increase its working-age population amid a looming demographic crisis, a presidential aide said Wednesday. You Hye-mi, a senior aide on addressing low birth rates, made the remark in a radio interview as South Korea is grappling with the world’s [...]
SEOUL, Aug. 21 (Korea Bizwire) — Health authorities plan to focus on treating COVID-19 in high-risk patients as this year’s summer wave is expected to peak by the end of this month, the chief of the Korea Disease Control and Prevention Agency (KDCA) said Wednesday. KDCA Commissioner Jee Young-mee told reporters that she expects the [...]