SEOUL, Sept. 19 (Korea Bizwire) — The government announced plans to welcome more foreign workers to address the dwindling working population in South Korea due to the low birthrate and aging society. The Ministry of Economy and Finance announced on Wednesday that it will introduce a new visa for highly educated, high income-earning foreigners which [...]
SEOUL, Sept. 19 (Korea Bizwire) — The average wage of foreign workers employed at industrial sites in Busan exceeded the average first-time employment wage of college graduates in South Korea. The monthly wage per foreign worker came to 2.46 million won (US$2,060), according to a survey of 150 local manufacturers that employed foreign workers by [...]
SEOUL, Sept. 19 (Korea Bizwire) — The distribution of virtual reality (VR) textbooks for elementary school students, an initiative developed by the Ministry of Education, is being hindered by restrictions that ban children from using VR headsets. According to the guidelines set by the government, VR is defined as recreational content for school curricula that [...]
SEOUL, Sept. 18 (Korea Bizwire) — Following an announcement from the government that animal registration policy will be subject to stricter implementation, experts are anticipating an increase in demand for pet insurance. The Ministry of Agriculture, Food and Rural Affairs announced on Tuesday that it will come up with stricter animal-related regulations to ensure implementation [...]
SEOUL, Sept. 17 (Korea Bizwire) — Cigarette manufacturers will no longer be allowed to conduct various marketing activities for electronic devices used for smoking electronic cigarettes. The Ministry of Health and Welfare announced on Monday that new legislation will soon be implemented to ban such activities. The new legislation classifies electronic cigarettes as tobacco products [...]
SEOUL, Sept. 16 (Korea Bizwire) — A recent study has showed that foreigners spend more money in the first three months to settle in Seoul than in Tokyo. Movinga, a German moving company, published the International Moving Price Index 2019 which showed that new residents typically spend $7,641 in the first three months to settle [...]
SEOUL, Sept. 16 (Korea Bizwire) — Samsung Electronics Co., an official sponsor of the Olympic Games, is at a crossroads as it faces deteriorating Korea-Japan relations and the upcoming Olympic Games Tokyo 2020. Japan’s export restrictions imposed against South Korea and the diplomatic chill since have put pressure on Samsung to withhold from promoting the [...]
SEOUL, Sept. 16 (Korea Bizwire) — Amid growing demand for coffee delivery, recent data shows that orders are high in areas with many office buildings as well as rental housing zones. According to the Coffee Index tabulated by the food delivery app Baedal Minjok, the most popular place for coffee delivery is Nonhyeon 1-dong in [...]
CHUNCHEON, Sept. 16 (Korea Bizwire) — Rising demand for social welfare services is placing civil servants at the risk of depression and suicidal impulses due to an excessive workload and overwhelming stress. The Gangwon Provincial Health Center recently conducted a mental health survey on 767 government employees in Gangwon Province, 13.6 percent of whom said [...]
SEOUL, Sept. 16 (Korea Bizwire) — Massage chairs, which were once popular as a thank-you gift for the middle-aged, are attracting the hearts of young people in their 20s and 30s. Major online shopping portal Gmarket said Sunday that sales of massage chairs and other massage items rose sharply during the month from August 3 [...]