SEOUL, Aug. 6 (Korea Bizwire) — SK Group Chairman Chey Tae-won is expected to contest a court’s recognition of former President Roh Tae-woo’s slush fund as seed money for the conglomerate in his divorce suit against Roh’s daughter, sources said Tuesday. In May, the Seoul High Court ordered Chey to pay 1.38 trillion won (US$1 [...]
SEOUL, Aug. 6 (Korea Bizwire) – KT, a major telecommunications company in South Korea, announced on August 5 that it will introduce a new program called Sharing Solo, aimed at connecting unmarried professionals in their 30s and 40s through volunteer activities. The initiative targets employees from businesses and organizations near Gwanghwamun, a historic district in central [...]
SEOUL, Aug. 6 (Korea Bizwire) – The South Korean government’s initiative to cover emergency medical costs for patients unable to pay has resulted in significant financial losses, according to a recent report. Data released by the Ministry of Health and Welfare shows that over the past five and a half years, the government has been unable [...]
SEOUL, Aug. 5 (Korea Bizwire) – A recent study has revealed a significant decline in South Korea’s social cohesion over the past two years, marking a reversal from the heightened unity observed during the peak of the COVID-19 pandemic. The Korea Institute for Health and Social Affairs (KIHASA) released these findings on August 4 in its [...]
SEOUL, Aug. 5 (Korea Bizwire) – A recent survey has revealed that two out of three South Koreans perceive their society as unfair, with particular distrust in the justice system and administrative processes. Corruption was cited as the primary cause of this perceived unfairness. The Korea Institute for Health and Social Affairs (KIHASA) released these findings [...]
SEOUL, Aug. 5 (Korea Bizwire) — The nationwide heat wave has led to a surge in the number of patients with heat-related illnesses to 1,546, while causing the deaths of over 257,000 livestock, the interior ministry said Monday. The previous day, temperatures in Yeoju, 64 kilometers southeast of Seoul, reached 40 C, marking the first [...]
SEOUL, Aug. 5 (Korea Bizwire) — An electric Mercedes-Benz sedan had been parked in an underground apartment garage for nearly three days before exploding on its own and catching fire, police officials said Monday. The mysterious fire gutted the parking lot on the first basement level of an apartment building in Incheon, west of Seoul, [...]
SEOUL, Aug. 5 (Korea Bizwire) – On July 30, in the Jeonwon Village of Seoul’s affluent Seocho district, piles of coal briquettes lined the alleyways, seemingly at odds with the sweltering heat that pushed the heat index above 33 degrees Celsius. In this community of makeshift homes and vinyl greenhouses, coal briquettes are not just for [...]
SEOUL, Aug. 5 (Korea Bizwire) – More than half of South Korean workers are either canceling their summer vacation plans or remain undecided, primarily due to financial constraints, according to a recent survey released on August 4. The survey, conducted by the civic group Gabjil 119 in collaboration with Global Research, polled 1,000 employees nationwide aged [...]
SEOUL, Aug. 4 (Korea Bizwire) – Nearly 2,500 cases of prohibited items, including live ammunition and Tasers, have been detected during security checks at South Korean airports over the past 4 1/2 years, data showed Sunday. The Korea Airports Corp., which operates 14 international and domestic airports nationwide, and the Incheon International Airport Corp., the [...]