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Fleece the Hottest Winter Apparel Trend Among Young Koreans

Fleece the Hottest Winter Apparel Trend Among Young Koreans

SEOUL, Sept. 20 (Korea Bizwire) — Fleece jackets, once popular primarily among middle-aged men, are emerging as the hottest fashion items this winter. Clothing companies preparing winter goods have not hesitated to pick fleece as their main product for this year as consumers have tired of the bench coat craze. Fleece is a thermoelectric fabric [...]

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 [...]

New Robotics Technology Expected to Save Carmakers Time and Money

New Robotics Technology Expected to Save Carmakers Time and Money

GWANGJU, Sept. 19 (Korea Bizwire) — South Korean researchers have developed a robotic arm that can automatically finish molding processes, which are usually completed manually. A research team from the Gwangju Institute of Science and Technology (GIST) said Wednesday that it has succeeded in increasing the joint rigidity of robots with a special design. In [...]

Industrial Complexes to be Transformed into Youth-friendly Areas

Industrial Complexes to be Transformed into Youth-friendly Areas

SEOUL, Sept. 19 (Korea Bizwire) — Various supporting facilities, including outdoor theaters, leisure facilities and pubs, will be built in old industrial complexes, which have been shunned by young people due to a lack of convenience facilities in old factory-oriented environments. The Ministry of Trade, Industry and Energy said Tuesday that the revised bill regarding [...]

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 [...]

Japanese Perception of Korea Differs by Age: Study

Japanese Perception of Korea Differs by Age: Study

SEOUL, Sept. 18 (Korea Bizwire) — Many Japanese people are concerned over the possibility that the deteriorating Korea-Japan relations may even hurt non-governmental exchanges between the two countries. The Asahi Shimbun, a Japanese newspaper, recently conducted a public survey that revealed that 56 percent of Japanese voters are concerned that Korea-Japan relations may affect economic [...]