SEOUL, Aug. 2 (Korea Bizwire) – The opposition-controlled National Assembly passed a bill on providing cash handouts to the entire population Friday despite protest from ruling party lawmakers. The bill passed in a 186-1 vote held after the Assembly, controlled by the main opposition Democratic Party (DP), voted to end a filibuster by the ruling [...]
SEOUL, Aug. 2 (Korea Bizwire) – A recent survey reveals a generational divide in attitudes towards car ownership in South Korea, with younger adults showing less enthusiasm for purchasing vehicles compared to their older counterparts. According to a study conducted by Embrain Trend Monitor, a market research firm, 74.7% of respondents agreed that cars are essential [...]
BUSAN, Aug. 2 (Korea Bizwire) – The South Korean port city of Busan is experiencing an ongoing population drain, particularly among its younger residents, according to recent government statistics. Data released on August 1 by the Dongnam Regional Statistics Office reveals that Busan saw a net outflow of 3,742 residents in the second quarter of this year. [...]
SEOUL, Aug. 1 (Korea Bizwire) – Samsung Electronics Co.’s largest labor union on Thursday urged company Chairman Lee Jae-yong to intervene in a weekslong strike after wage negotiations failed. “It’s time for Chairman Lee to come forward and clarify his position to resolve the general strike,” the National Samsung Electronics Union (NSEU) said at a [...]
YANGGU, Aug. 1 (Korea Bizwire) – In the tranquil town of Yanggu, nestled in the mountains of Gangwon Province, residents are once again grappling with the prospect of their homes being submerged. The announcement of a new dam project has reignited a decades-old conflict, leaving many in this close-knit community feeling betrayed and powerless. “I couldn’t [...]
SEOUL, Aug. 1 (Korea Bizwire) — Police concluded Thursday that last month’s deadly car crash near Seoul City Hall was caused by driver mistakes, not by sudden unintended acceleration of the vehicle as claimed by the elderly driver. Seoul Namdaemun Police Station Chief Ryu Jae-hyeok announced the finding after a monthlong investigation into the July [...]
SEOUL, Aug. 1 (Korea Bizwire) — South Korea’s health ministry said Thursday that it will have hospitals roll out another recruitment notice for trainee doctors this month, following a lackluster response from the medical community to the initial round that ended the previous day. The announcement came as only 104 candidates applied for trainee doctor [...]
SEOUL, July 31 (Korea Bizwire) – The Korean Confederation of Trade Unions (KCTU), the biggest umbrella labor union, on Wednesday denounced the nomination of a former labor rights fighter-turned-conservative politician for the new labor minister as an “anti-labor disaster.” Kim Moon-soo, once a staunch labor and democratization activist who later became a three-term conservative lawmaker, [...]
SEJONG, Jul. 31 (Korea Bizwire) – A recent survey has revealed that nearly 70% of South Korea’s aging population, comprising individuals aged 55 to 79, express a desire to continue working. This demographic, approaching 16 million people, showcases a strong inclination towards prolonged participation in the workforce. Statistics Korea released these findings on July 30, as [...]
SEOUL, Jul. 31 (Korea Bizwire) – A recent study has uncovered concerning patterns in the health behaviors of South Korean youth, with flavored tobacco products playing a significant role in initiating smoking habits and alcohol consumption beginning as early as middle school. The Korea Disease Control and Prevention Agency (KDCA) released statistics from its Youth Health [...]