SEOUL, June 25 (Korea Bizwire) — The bereaved family of a fisheries official killed by North Korea in 2020 vowed Friday to reveal what former President Moon Jae-in did during the six hours after their loved one was found adrift at sea until he was ultimately shot to death. The family of the late official, [...]
SEOUL, June 24 (Korea Bizwire) — Seven out of 10 South Koreans believe the government should only provide non-military aid to Ukraine, a survey showed Friday. In the survey of 1,000 people aged 18 or above conducted by Gallup Korea from Tuesday to Thursday, 72 percent said the government of President Yoon Suk-yeol should only [...]
SEOUL, June 24 (Korea Bizwire) — Concerns are rising over the risk of the value chain for major sources of renewable energy like solar and wind power being dominated by China, a report showed Thursday. The report from the Federation of Korean Industries (FKI), the lobby for South Korea’s family-controlled conglomerates, gave a global forecast [...]
SEOUL, June 24 (Korea Bizwire) — South Korea’s top two chipmakers — Samsung Electronics Co. and SK hynix Inc. — are coming up with ways to ensure work-life balance for employees. During a recent meeting with female employees, Samsung Vice Chairman Han Jong-hee announced that the company will introduce a reboarding program for employees returning [...]
SEOUL, June 24 (Korea Bizwire) — Consumption of gasoline and diesel in South Korea jumped more than 40 percent in May from a month earlier, as expanded fuel tax subsidies channeled pent-up demand from the pandemic, data showed Friday. The combined consumption of the two fuel types reached 24.82 million barrels, up 43 percent from [...]
SEOUL, June 24 (Korea Bizwire) — The U.S. House Armed Services Committee has endorsed an annual defense policy bill for the fiscal year 2023 maintaining the current level of around 28,500 American troops in South Korea, according to media reports Friday. The proposed National Defense Authorization Act (NDAA) for the fiscal year starting Oct. 1 [...]
SEOUL, June 24 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, said Thursday it had developed a new technology to prevent the hacking of intelligent CCTV systems in collaboration with Internet of Things (IoT) security specialist ICTK Holdings. Intelligent CCTV refers to an artificial intelligence (AI) service that analyzes video images [...]
SEOUL, June 23 (Korea Bizwire) — Upholding a lower court ruling, a Seoul appeals court on Thursday acquitted a former Army captain charged with having sex with a fellow male soldier. The Seoul Northern District Court cleared the former captain, whose identity was withheld, of charges that he violated the Military Criminal Act that calls [...]
SEOUL, June 23 (Korea Bizwire) — The number of foreigners staying in South Korea bounced back above the 2 million mark last month for the first time in 15 months, immigration data showed Thursday. According to the data by the justice ministry’s immigration policy bureau, 2,012,862 foreigners were staying in the country as of May, [...]
SEOUL, June 23 (Korea Bizwire) — Disputes over noise between apartments have increased in number following increased indoor activity in the pandemic era, a civic group said Wednesday. The Citizens’ Coalition for Economic Justice (CCEJ) studied reports published by the Ministry of Environment and reported that the number of noise complaints doubled from 26,257 cases [...]