SEOUL, Jul. 25 (Korea Bizwire) — A former tutor of the English-language test TOEIC was sentenced to three years in prison for secretly giving exam answers to 18 test-takers in exchange for some 80 million won (US$57,776), court records showed Thursday. The 27-year-old, identified only by the surname Hong, was indicted on charges of luring [...]
SEOUL, Jul. 24 (Korea Bizwire) – Baemin, the dominant player in South Korea’s food delivery market with over 60% market share, is facing intense scrutiny following its decision to increase service fees. Civic groups and small business associations have accused the company, also known as Woowa Brothers, of engaging in unfair practices. The government’s newly formed [...]
SEOUL, Jul. 24 (Korea Bizwire) – A recent analysis of remittance data reveals a significant shift in the financial habits of foreign workers residing in South Korea, with an increasing number opting to send money to their own accounts abroad rather than to family members. BC Card, in collaboration with fintech company Global Money Express (GME), [...]
DAEJEON, Jul. 24 (Korea Bizwire) – A new study has revealed that “night owls” who wake up later in the day exhibit higher cognitive abilities than their “early bird” counterparts who rise at dawn. The research, conducted jointly by a team from the Korea Institute of Oriental Medicine (KIOM) and Imperial College London, analyzed the relationship [...]
SEOUL, Jul. 24 (Korea Bizwire) — The number of babies born in South Korea rose for the second month in a row in May for the first time in about nine years, data showed Wednesday, as the country is struggling to boost its ultra-low birth rate. A total of 19,547 babies were born in May [...]
SEOUL, Jul. 24 (Korea Bizwire) — Arrest warrant hearings for two YouTubers suspected of blackmailing and extorting popular “mukbang” star Tzuyang will take place on Friday morning, according to sources on Wednesday. The Suwon District Court, located south of Seoul, will hold the hearings at 10:30 a.m. for Lee Jun-hee and Jeon Kuk-jin, known by [...]
SEOUL, Jul. 24 (Korea Bizwire) – For Samsik (a pseudonym), a 34-year-old man who has been in a same-sex relationship for 11 years, the recent Supreme Court decision recognizing health insurance dependency status for same-sex couples brought tears of joy and a sense of long-awaited acknowledgment. “Even after loving someone for so long, it was always [...]
SEOUL, Jul. 23 (Korea Bizwire) – The Ministry of Environment has announced plans to deploy more experienced hunters for nighttime wild boar culls following a series of accidental shootings. Two incidents this month have highlighted the dangers of mistaken identity during hunts. On July 9, a hunter in Hoengseong County, Gangwon Province, mistook a person for [...]
SEOUL, Jul. 23 (Korea Bizwire) — Health Minister Cho Kyoo-hong on Tuesday criticized some medical professors for threatening to boycott training programs for junior doctors, calling their move “deeply regrettable.” Cho made the remarks as some medical professors have vowed to boycott training programs for junior doctors in protest of the government’s push for accepting [...]
SEOUL, Jul. 23 (Korea Bizwire) – A recent survey has revealed that more than half of foreign-invested companies in South Korea perceive the country’s overall labor market as inflexible, potentially impacting future investment decisions. The Federation of Korean Industries (FKI) conducted a survey from April 2 to 12 through Mono Research, targeting 538 foreign-invested manufacturing companies [...]