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Gov’t to Offer Incentives to Foreign Workers to Tackle Dwindling Working Population

Gov’t to Offer Incentives to Foreign Workers to Tackle Dwindling Working Population

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 [...]

Average Foreign Worker Earns More than Local University Graduates

Average Foreign Worker Earns More than Local University Graduates

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 [...]

Education Ministry Presses on with VR Content Despite Safety Concerns

Education Ministry Presses on with VR Content Despite Safety Concerns

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 [...]

Experts Anticipate Boom in Pet Insurance Market Following Stricter Animal Registration Policies

Experts Anticipate Boom in Pet Insurance Market Following Stricter Animal Registration Policies

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 [...]

S. Korea to Ban Marketing Activities for E-cigarettes

S. Korea to Ban Marketing Activities for E-cigarettes

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 [...]

Samsung Questions Sponsorship of Tokyo Olympics amid Cooling Korea-Japan Relations

Samsung Questions Sponsorship of Tokyo Olympics amid Cooling Korea-Japan Relations

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 [...]

Social Workers Exposed to Risk of Depression and Suicide Due to Excessive Stress

Social Workers Exposed to Risk of Depression and Suicide Due to Excessive Stress

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 [...]

Mini Massagers Popular Among 2030 Generation

Mini Massagers Popular Among 2030 Generation

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 [...]