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Heatwave Raises Concerns for Foreign Workers in South Korean Industrial Towns

Heatwave Raises Concerns for Foreign Workers in South Korean Industrial Towns

GIMHAE, YANGSAN & MIRYANG, Aug. 9 (Korea Bizwire) – With a relentless heatwave gripping South Korea, authorities are scrambling to protect foreign workers in the manufacturing hubs of Gimhae, Yangsan, and Miryang from heat-related illnesses. According to the Yangsan branch of the Ministry of Employment and Labor, as of late June, 13,309 foreign workers were employed [...]

South Korea’s Silver Economy Booms, but Age-Friendly Industry Lags Behind, Study Finds

South Korea’s Silver Economy Booms, but Age-Friendly Industry Lags Behind, Study Finds

SEOUL, Aug. 8 (Korea Bizwire) – As South Korea’s aging population rapidly expands, a government-funded research institute is warning that the country’s age-friendly industry is failing to keep pace, potentially missing out on a significant economic opportunity. The Korea Institute for Industrial Economics and Trade (KIET) released a report on August 7 highlighting the disconnect between [...]

Australian Sushi Chain Faces Record Fine for Exploiting Migrant Workers

Australian Sushi Chain Faces Record Fine for Exploiting Migrant Workers

JAKARTA, Aug. 8 (Korea Bizwire) – A Korean-owned sushi chain in Australia has been hit with a record-breaking fine of approximately 15.3 million Australian dollars for systematically underpaying its workers, as reported by ABC News Australia on August 7.  The Federal Court of Australia ruled on August 5 that Sushi Bay, a popular sushi restaurant chain, [...]

PM Says Hospitals Will Extend Application Period for Trainee Doctor Programs

PM Says Hospitals Will Extend Application Period for Trainee Doctor Programs

SEOUL, Aug. 7 (Korea Bizwire) — Prime Minister Han Duck-soo said Wednesday the government will allow hospitals to extend the application period for trainee doctor programs this week to help them recruit more junior doctors. Han made the remark after only 104 candidates, or 1.4 percent of trainee doctor positions available at 126 hospitals, had [...]

Summer Surge in Personal Mobility Device Fires Raises Concerns in South Korea

Summer Surge in Personal Mobility Device Fires Raises Concerns in South Korea

HONGSEONG, Aug. 7 (Korea Bizwire) – A recent report from the Chungnam Fire Department in South Korea reveals a concerning trend: fires involving personal mobility devices, particularly electric scooters, are spiking during the summer months.  According to data released on August 6, out of 25 fires involving personal mobility devices recorded since 2019, nine incidents (36%) [...]

South Korea’s Gig Economy Swells to 883,000 Workers, Study Finds

South Korea’s Gig Economy Swells to 883,000 Workers, Study Finds

SEOUL, Aug. 6 (Korea Bizwire) – South Korea’s gig economy workforce, comprising delivery riders, designated drivers, and other platform-based workers, reached approximately 883,000 in 2023, according to a new government study released on August 5. The Ministry of Employment and Labor and the Korea Employment Information Service conducted the 2023 Platform Worker Survey based on a [...]

Foreclosures Surge in South Korea as Homeowners Struggle with Mortgage Payments

Foreclosures Surge in South Korea as Homeowners Struggle with Mortgage Payments

SEOUL, Aug. 6 (Korea Bizwire) – In a stark reversal of fortune for South Korea’s once-booming real estate market, the number of properties entering foreclosure has skyrocketed, reaching levels not seen in over a decade.  According to government data released on August 4, July saw 13,631 applications for the commencement of voluntary auction registration for real [...]