SEOUL, March 15 (Korea Bizwire) — Debt among the “MZ generation,” a Korean term referring to those aged between late 10s and 30s, widened at a faster rate than income compared with 20 years ago, a central bank report showed Tuesday. The “MZ generation” refers to a pairing of two groups — millennials born between [...]
SEOUL, March 15 (Korea Bizwire) — Baseless claims on rigged presidential election have been spreading throughout YouTube and other social media platforms every election season, calling upon the need to curb such activity. A Korea YouTuber followed by more than 600,000 people claimed that the government “must have manipulated the number of early votes,” on [...]
SEOUL, March 15 (Korea Bizwire) — The proportion of hard-core vegetarians has turned out to be minimal in South Korea, a survey showed Monday. The Korea Agro-Fisheries & Food Trade Corp. (aT) conducted a survey of 5,510 adults, in which only 7.6 percent (418 people) were vegetarians and the remaining 92.4 percent were non-vegetarians. The [...]
SEOUL, March 15 (Korea Bizwire) — A departure order for a foreigner who drove approximately 1 meter while under the influence of alcohol has been ruled unfair, the Central Administrative Appeals Commission (CAAC) said Tuesday. The CAAC, under the Anti-Corruption & Civil Rights Commission, said it has repealed the immigration authorities’ departure order for the [...]
SEOUL, March 15 (Korea Bizwire) — South Korean President-elect Yoon Suk-yeol’s campaign pledge to change the color of corporate vehicle license plates to light green is creating a sense of strain among luxury car importers. Yoon’s pledge is aimed at preventing the wealthy from evading tax by registering luxury cars they use for personal purpose [...]
SEOUL, March 15 (Korea Bizwire) — South Korea’s shipbuilding industry, which clinched a string of new orders early this year, is suffering from a shortage of manpower due to poor working conditions. Centered on the port cities of Busan and Ulsan where the shipyards are clustered, this year’s shortage of workers is estimated at up [...]
SEOUL, March 14 (Korea Bizwire) — South Korea reported more than 300,000 new COVID-19 cases for a third consecutive day Monday as the virus wave, fueled by the highly contagious omicron variant, continued to grip the nation. The country added 309,790 new COVID-19 infections, the majority of which coming from local transmissions, putting the total [...]
SEOUL, March 14 (Korea Bizwire) — The dramatic victory of the conservative President-elect Yoon Suk-yeol is leading to opposition from women in their 20s and 30s. In protest against his policies and pledges that are seen as anti-women, many young Korean women are stepping up to ‘boycott childbirth’ during his presidency. A number of posts [...]
SEOUL, March 13 (Korea Bizwire) — South Korea’s daily COVID-19 cases stayed above 350,000 for the second straight day Sunday as the country is grappling with the fast spread of the omicron variant. The country reported 350,190 new COVID-19 infections, including 350,157 local cases, raising the total caseload to 6,556,453, according to the Korea Disease [...]
SEOUL, March 12 (Korea Bizwire) — South Korea’s daily coronavirus cases hit another record high of over 380,000 on Saturday amid the omicron surge, with the death toll surpassing 10,000. The country reported 383,665 new COVID-19 infections, including 383,590 local cases, raising the total caseload to 6,206,277, according to the Korea Disease Control and Prevention [...]